Insurance Underwriting Officer job at Octagon Uganda

ABOUT THE ROLE

The Insurance Underwriting Officer will support the placement. administration and renewal of insurance business while delivering accurate, timely and professional underwriting and claims services.Africans & Diaspora

He or she will work closely with clients, insurers and internal teams to provide quality insurance solutions, ensure compliance and deliver exceptional customer service.

KEY RESPONSIBILITIES

• Manage insurance quotations, proposals, policy documentation, renewals and endorsements.
• Analyse client risks, prepare underwriting submissions and negotiate competitive terms with insurers.
• Support policy issuance, premium reconciliation, claims administration and portfolio reporting.
• Maintain accurate underwriting records, policy registers, renewal diaries and client files.
• Monitor outstanding quotations, policy documents, endorsements and insurer responses.
• Ensure compliance with company procedures, Insurance Regulatory Authority requirements and applicable
• Build strong relationships with clients, insurers and internal teams while supporting effective risk management solutions.

REQUIREMENTS

• Bachelor’s degree in Insurance, Business Administration, Finance, Risk Management, Actuarial Science or a related field.
• Minimum 2 years’ experience in insurance underwriting, broking, claims or client servicing.
• Good knowledge of general insurance products, underwriting processes, policy documentation and claims management.
• Professional insurance qualifications and knowledge of Uganda’s insurance regulatory environment are an added advantage.
• Proficiency in Microsoft Office, particularly Excel, Word and PowerPoint.

DESIRED COMPETENCIES

• Strong analytical skills with keen attention to detail.
• Excellent communication, negotiation, interpersonal and customer service skills.
• High level of integrity, professionalism and confidentiality.
• Strong organizational, problem-solving and record-management skills.
• Ability to work independently, collaboratively and under pressure while managing multiple deadlines.

• Manage insurance quotations, proposals, policy documentation, renewals and endorsements.
• Analyse client risks, prepare underwriting submissions and negotiate competitive terms with insurers.
• Support policy issuance, premium reconciliation, claims administration and portfolio reporting.
• Maintain accurate underwriting records, policy registers, renewal diaries and client files.
• Monitor outstanding quotations, policy documents, endorsements and insurer responses.
• Ensure compliance with company procedures, Insurance Regulatory Authority requirements and applicable
• Build strong relationships with clients, insurers and internal teams while supporting effective risk management solutions.

• Strong analytical skills with keen attention to detail.
• Excellent communication, negotiation, interpersonal and customer service skills.
• High level of integrity, professionalism and confidentiality.
• Strong organizational, problem-solving and record-management skills.
• Ability to work independently, collaboratively and under pressure while managing multiple deadlines.
• Proficiency in Microsoft Office, particularly Excel, Word and PowerPoint.

• Bachelor’s degree in Insurance, Business Administration, Finance, Risk Management, Actuarial Science or a related field.
• Minimum 2 years’ experience in insurance underwriting, broking, claims or client servicing.
• Good knowledge of general insurance products, underwriting processes, policy documentation and claims management.
• Professional insurance qualifications and knowledge of Uganda’s insurance regulatory environment are an added advantage.