Life Underwriter

at BrighterMonday Consulting
Location Kampala, Uganda
Date Posted March 20, 2020
Category Accounting
Audit
Finance
Job Type Full-time
Minimum Salary 300000
Maximum Salary 400000
Currency UGX

Description

Job Summary

The ideal candidate should be able to work in a structured fashion and in timely approach & maintaining a high standard of accuracy in their work

  • Minimum Qualification: Bachelor
  • Experience Level: Mid level
  • Experience Length: 2 years

Job Description

Business Function: Operations

Reports to: Head of Operations

Organizational Profile.; one of the longest standing and most successful global insurers in the world with 169 years of providing financial security around the world, with over 24m clients, 23,500 employees and $690bn of assets under management.

Our profile. is listed on stock exchanges in London, Hong Kong, Singapore, and New York.

We provide protection and savings opportunities to our customers, social and economic benefits to the communities in which we operate, jobs and opportunities to our employees and financial benefits for our investors.

By offering security, pooling savings and making investments, we help to drive the cycle of growth.

Our strategy is designed to create sustainable economic value for our customers and our shareholders.

It is focused on a number of long-term opportunities:

• The significant protection gap in Asia;

• The transition of US baby boomers into retirement; and

• The UK ‘savings gap’ and ageing population in need of returns and income.

• We continue to develop our new businesses in new markets in Africa, building on the success of our other regional models, particularly Asia. Currently, we have footprint in 5 countries namely Ghana, Uganda, Kenya, Zambia and most recently Nigeria.

Job Scope: 

The ideal candidate should be able to work in a structured fashion and in timely approach &  maintaining a high standard of accuracy in their work

The ability to work under pressure is an added advantage because of the growing business and  increased expectation continuously to excel

Principal Accountabilities:

• Review all submitted proposal forms to ensure all incepted policies meet the required underwriting standards

• Maintain tracker of missing information and share with relevant teams for follow-up

• Issue policy documents for all incepted policies

• Process Policy documents

• Lead on policy files archival project

• Issue policies in policy sunrise system.

Reporting

Prepare weekly activity report for the proposals underwritten and missing information

Other duties 

• Perform any other duties as may be assigned Management

Core Competences Required:

• Minimum of a Bachelor’s degree in Actuarial Science

• Analytical Skills

• Good mathematical and statistical skills

• Attention to detail

• Verbal and written communication skills

• IT skills

• Good judgment

• Negotiation and Interpersonal skills

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