New Job Opportunity Mbeya Branch at UAP Insurance Tanzania - Underwriter

UAP Old Mutual Group

Jobs in Tanzania 2020: New Jobs Vacancies at UAP Old Mutual Group 2020

AJIRA TANZANIA 2020 / NAFASI ZA KAZI 2020

New Job Vacancy UAP Old Mutual Group, Branch Manager March 2020, Ajira Mpya Tanzania, Nafasi Za Kazi, Jobs In Tanzania

UAP Insurance Tanzania is a member of the UAP Old Mutual Group in East Africa, which is a subsidiary of Old Mutual Limited (OML). UAP Insurance has been in operations in Tanzania since 2013 following the acquisition of the majority stake in Century Insurance Company.
We are proud of our contribution in the growth of the Insurance Industry and our commitment is to enable our customers achieve their financial goals through the provision of innovative insurance solutions.

UAP Insurance Tanzania contributes to the communities that we operate in through CSR activities in education, health and social welfare and participates in industry initiatives aimed at improving financial literacy and inclusiveness in the country.
The Company operates a large footprint in the country with offices in all major cities and now wishes to recruit a high caliber individual to fill the following senior position below...
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Underwriter (Mbeya Branch)
Mbeya
Your time is now to be your exceptional best at Old Mutual!
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Job Description
Job Description
Quotations and Risk Acceptances

Ensure quotations allocated are done and approved by the Underwriting Manager and dispatched within the agreed turnaround time
Accept new motor and domestic package proposals which meets acceptable underwriting standards subject to approval by the Senior Underwriter within the delegated authority

Underwriting Process and Procedures

Analyze and assess proposal forms and risk notes and confirm correctness within the acceptable underwriting standards
Register and input all allocated new business in the system within the agreed turnaround time
Prepare /Issue policies for all classes of insurance within the system within the agreed turnaround time
Process all endorsements within the agreed turnaround time
Respond to all correspondence within the agreed turnaround time
Ensure adherence to all the process procedures and controls

Risk Management

Analyze and assess proposals and risk notes and report to the team leader on the need to carry out surveys for small to medium size non-standard risks
Communicate with the team leader on the client’s progress on the implementation of surveyor’s recommendations in improving the status of risks written

Policy Renewals

Work on the allocated renewal scrutiny listing 2 months prior to expiry of policy and dispatch renewal notices to producers/clients1 month prior to renewal date
Follow up allocated policies falling due for renewal and provide weekly report to Senior Underwriter to ensure achievement of monthly retention ratio of at least 90%

Reinsurance
Liaising with the Reinsurance Section regarding risks requiring facultative reinsurance placements.

Filing – Comply with the agreed filing and record keeping system Customer Service

Attend to direct customers who visit the office for inquiry and provide prompt attention and efficient service

Finance

Enforce credit control and effect cancellation for policies not paid to ensure that premium is paid for risks accepted
Ensure all monies collected are banked on daily basis

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NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2020 (1,319 POSTS)

Responsibilities
Skills and Experience 2-3 years work experience
Education