Underwriter - Lagos Mainland

Job brief

We are looking for a thorough Underwriter to determine potential clients’ risk factors and to establish the terms of coverage. The successful candidate must be able to set up rules which will result in securing an average proportion of good risks in order to keep average claims cost low and to enable the company to offer insurance at a lower net cost.

Responsibilities
Review insurance applications for compliance and adherence
Assess clients’ background information and financial status
Liaise with specialists to gather information and opinions
Weight loss exposures and determine underwriting alternatives
Draw up a quotes for competitive insurance premiums
Negotiate and define the specific terms of insurance policies with brokers or policyholders
Keep detailed records of policies underwritten and decisions made
Balance between mass and homogeneity of risks to achieve predictability of future results
Develop and maintain a profitable book of business for the insurer
Follow applicable insurance laws

Requirements
Hands-on experience with “smart systems”, analytical tools and statistical packages (spreadsheets,SPSS, databases etc)
Sensible judgement and attention to detail
Confident decision making skills
Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
Proven numeracy and statistical skills
Insurance diploma or certification

QUALIFICATION:
Applicants must possess minimum of National Diploma/Bachelor Degree in any related field. A professional qualification will be an added advantage.
HOW TO APPLY:
Interested qualified and applicants should forward their cv/details to or send your brief details to the HR on
080-2073-7456 NOTE: This opening is for Lagos resident only.