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23 May 2022

Underwriter General Insurance at Old Mutual Limited (OML)

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Job Description


Old Mutual Limited (OML) is a Pan-African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 13 African countries and boasts a rich heritage of 175 years. The primary listing of Old Mutual Limited, which comprises the East Africa business – UAP Old Mutual Group, on the Johannesburg Stock Exchange is a milestone the business attained in June 2018, with Secondary listings in Zimbabwe, Namibia & Malawi.

The UAP Old Mutual Group comprises three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The Group is one of the largest financial services groups with a growing footprint in East and Central Africa. It currently operates in Kenya, Uganda, Tanzania, South Sudan, and Rwanda. UAP Old Mutual offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Savings, and Banking, as well as a wider and more accessible distribution network. The Group also offers broad career growth prospects for employees. It, therefore, wishes to fill the below vacant position with a qualified, experienced and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The position’s details are outlined below:

Role Title:

Underwriter-General Insurance-1 Post

Business Unit(s):

Rwanda

Business /Function:

Underwriter-General Insurance

Location:

Rwanda

Reports To:

Senior Underwriter

MDP Level:

Manager of self

Role Size

L

Job Summary

The purpose of the role is to determine whether or not a potential customer should be insured and, if so, recommend a suitable premium to take on such risk.

Key tasks and responsibilities:

  • Prepare quotations in a timely manner to assist in business acquisition
  • Prepare, dispatch, and follow up on renewal business to ensure retention
  • Maintain effective business relationships to ensure effective delivery of service
  • Signing of accountable documents within the authorized limit as per the agreement and give them legal effect
  • Record Bonds in register and its update
  • Assessment management and rating of risks to ensure we accept and retain quality business
  • Enforce credit control and effect cancellation for policies not paid for to ensure that premium is paid for risks accepted
  • Respond to customer queries and complaints
  • Train and mentor underwriting assistants to ensure motivation

Academic/Professional Qualifications; experience; skills and competencies

  • University degree in statistics or business-related course
  • Basic Insurance qualification
  • Minimum Experience of 3 years
  • Good communication and negotiating skills
  • Good assessment and analytical skills
  • Knowledge in general insurance risk assessment.
  • Good interpersonal and relations skills
  • Thorough understanding of policy covers/wordings and their interpretation as pertaining to claims




Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 24th May, 2022.





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