Company Details:

Nairobi,   Kenya

Job Category:

Closing Date for Receiving Applications:
31-05-2021
KSh. -

Job Details

Job Level Lower Management
No. of positions available 1
Department Underwriting
Industry Insurance

Job Description

  • Maintain proper records of all facultative book acceptance
  • Keep an audit trail of all facultative acceptance
  • Prompt processing of facultative acceptance/amendments in the system and issue Debit/Credit notes to brokers/ cedents
  • Follow up premium closing and settlement, as well as remittance advices from brokers/cedents
  • Communicate cedents/brokers notice of cancellation for breach of PPW
  • Follow up renewals of facultative book monthly and send renewal advices to brokers/cedents after vetting the profitability of the account and follow up to logical conclusion
  • Review and acknowledge renewal notification received from cedants and brokers, and follow up to logical conclusion
  • Prepare progress monthly reports on facultative account book
  • Communicate underwriting decision to broker/cedent in consultation with supervisors
  • Conduct cedent/broker account reconciliation by liaising with Finance and claims teams
  • Perform other Underwriting and claims related duties when assigned
  • Support in coordinating rating exercises
  • Any other duties as may be determined by the supervisor from time to time.

Job Requirements

Minimum Requirements

  • First University degree in relevant field plus a minimum of 3 years relevant work experience.
  • The relevant work experience in an underwriting department of an insurance or reinsurance company is a mustGood skills in business software tools: Word, Excel, Power Point, SICS (is an advantage).
  • Very good technical knowledge of the classes of business (underwriting and claims)
  • Good knowledge of reinsurance and retrocession.

Required Skills

Preferred Candidate Personality

Additional Information

Job Advertisement Details

Advertise Job From - Start Date 25-3-2021
Post Job as Anonymous No
Email Address / URL to receive applications info@xupajobs.com
Would you like to feature this job ? No
Feature Job - Start Date

Company Details

Company Description

Africare is one of the most experienced and largest African-American led non-profit international development organizations, and we are leaders in development assistance to Africa