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No Experience Underwriting Graduate Trainee Medical 1 Jobs – UAP Old Mutual Insurance
Posted by: ugashare-Volunteer
Posted date: 2024-Sep-19
Location: Kampala, Uganda
Job Title:Â Â Underwriting Graduate Trainee Medical 1 (No Experience Jobs) Organisation:Â UAP Old Mutual Insurance Duty Station:Â Â Kampala, Uganda About the Company: The UAP Old Mutual Group is an integrated Financial Service business comprising Faulu Microfinance Bank, UAP and Old Mutual. The Group, which is operational in East Africa services to more than 1.2 million customers across Kenya, Uganda, Tanzania, Rwanda and South Sudan. The UAP Old Mutual Group now comprises of 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 acquisitions resulted in Old Mutual Kenya UAP Holdings and Faulu Microfinance Bank, forming one of the largest financial services groups with a growing footprint in East and Central Africa. UAP and Old Mutual have been major players in the financial services market in East Africa for decades. The two entities have vast experience in Insurance, Investment, Asset Management and Banking, and are passionate about helping our customers achieve their financial goals. Key Duties and Responsibilities: - Responsible for assessing and evaluating insurance applications, analysing risks, and determining appropriate coverage and premiums. This role involves making informed decisions based on risk assessment and underwriting guidelines to ensure profitability and maintain a balanced portfolio for the insurance company
- Issuing and sending of medical quotations by applying actuarial knowledge and skills to provide a dynamic, customer centric pricing model.
- Preparing quarterly usage reports and scheme analysis for ongoing clients
- Monitor risk and provide business insights to the Head of Medical and or Senior Underwriter.
- Participate in sharing renewal notices whenever delegated, which may include renewal negotiations and pricing.
- Participate in product development.
- Ensure compliance with regulatory requirements, underwriting standards, and company policies, and adhere to ethical practices.
Qualifications, Skills and Experience:
- Skills: Company Policies, Ensure Compliance, Ethical Practices, Negotiation, Price Management, Pricing Models, Profitability, Regulatory Requirements, Underwriting, Underwriting Guidelines
- Education: Bachelors Degree (B): Actuarial Science (Required)
How to Apply: All suitably qualified candidates are encouraged to submit your application and complete Curriculum Vitae by applying online through visiting Old Mutual’s e-recruitment jobs portal at the web link below. Click Here Deadline: 27th September 2024 For more of the latest jobs, please visit https://www.ugashare.com or find us on our facebook page https://www.facebook.com/Ugashare Related Jobs Job Title:  Intern – Information Technology, Client Services (Several… Job Title:  Coordinator – Regional Sales-Mobile Money (3 Posts) Organisation:… Job Title:  Project Accountant Organisation: World Wide Fund for Nature (WWF)… Job Title:  Actuarial Officer (Fresher Jobs) Organisation: NIC Life Duty… Job Title:  Risk Officer (Fresher Jobs) Organisation:NIC General Insurance Company… Job Title:  Credit Controller Organisation: EBC Duty Station:  Kampala, Uganda Salary: NET…
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