Underwriter Recruitment at Custodian and Allied Insurance Limited

Custodian and Allied Insurance Limited is a leading insurance company in Nigeria. We seek to engage the services of a Finance Officer to join our team.

Position Title: Underwriter

Job purpose

Ensure quality underwriting and survey/inspection of risks, prompt and error-free documentation of policies to achieve superior customer service delivery

Duties & Responsibilities

  • Issue policy documents and renewal endorsement to clients / brokers
  • Issue and forward renewal notices to clients/brokers
  • Carry out pre-loss physical inspection of the subject matter of insurance proposed for insurance cover and conduct on the spot inspections of motor accidents
  • Attend to clients enquiries/requests and escalate critical issues to the Unit/ Confederal Head
  • Prepare policy documents for new businesses and pass to line manager for review and approval
  • Draft letters to clients for review and approval by line manager
  • Raise and follow up cheque requisitions for various payments – co insurers, commissions, claims, loss adjusters etc
  • Provide input into preparation of various reports weekly, monthly and adhoc reports
  • Allocate policy numbers to new businesses
  • Assist in computing additional/return premiums due as a result of alterations
  • Collate bid documents to be reviewed by the Unit head / team lead
  • Assist in collating, sorting and separating about-to-lapse files from those still in force to determine those needing notice
  • Market company`s products and services

Knowledge/ Qualification

  • First degree (Minimum of Second Class Lower degree)
  • Qualified insurer (ACII)
  • 3 – 5 years’ experience in underwriting and claims management

Skills/Competencies

  • Excellent knowledge NAICOM guidelines and methodologies for achieving compliance
  • Demonstrable understanding of the underwriting concepts, practices, and procedures
  • Strong analytical and quantitative skills
  • Excellent negotiation and interpersonal skills
  • Proficiency in the use of Microsoft Office applications
  • Proficiency in the use of Microsoft Office applications.

Application Deadline: Not specified

Click here to apply

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