Senior Underwriter job at GA Insurance Uganda Limited

Description

GA Insurance Uganda is hiring a Senior Underwriter with the following duties and responsibilities;

Responsibilities:

• Ensure Tax Invoices, Posting, Debits, Credits and policy documents for business accepted are done as per the agreed terms with the insured and in line with set departmental service standards
• Ensure that the monthly renewal notices are processed, issued, dispatched, followed through for each confirmation
• Evaluation of risks as per risk appetite and acceptance of risks as per the reinsurance treaty and authority Matrix
• Review and ensure outstanding bonds are cancelled when due
• Assisting the Assistant Underwriting manager in managing and training the underwriting staff
• Issue policy documentation with adherence to all Statutory and regulatory guidelines
• Ensure that all business accepted is adequately reinsured at commencement of cover
• Ensure all policies are underwritten as per the reinsurance treaties
• Process quotation within the agreed time frame and maintain quotations register
• Participate in development of new products that are bespoke and suitable to our clients, and which give GA mileage in the market

Minimum Qualifications and Experience:

• At least 4 years in underwriting
• Bachelor’s degree in Actuarial Science or a related field
• Diploma in insurance

Required Skills/Knowledge

• Have Industry Knowledge.
• Strong analytical and risk assessment skills
• Knowledge on market trends
• Ability to work autonomously with minimum supervision
• Attention to detail and high level of accuracy

• Ensure Tax Invoices, Posting, Debits, Credits and policy documents for business accepted are done as per the agreed terms with the insured and in line with set departmental service standards
• Ensure that the monthly renewal notices are processed, issued, dispatched, followed through for each confirmation
• Evaluation of risks as per risk appetite and acceptance of risks as per the reinsurance treaty and authority Matrix
• Review and ensure outstanding bonds are cancelled when due
• Assisting the Assistant Underwriting manager in managing and training the underwriting staff
• Issue policy documentation with adherence to all Statutory and regulatory guidelines
• Ensure that all business accepted is adequately reinsured at commencement of cover
• Ensure all policies are underwritten as per the reinsurance treaties
• Process quotation within the agreed time frame and maintain quotations register
• Participate in development of new products that are bespoke and suitable to our clients, and which give GA mileage in the market

• Have Industry Knowledge.
• Strong analytical and risk assessment skills
• Knowledge on market trends
• Ability to work autonomously with minimum supervision
• Attention to detail and high level of accuracy

• At least 4 years in underwriting
• Bachelor’s degree in Actuarial Science or a related field
• Diploma in insurance