Assistant Underwriter – GIB

Key Responsibilities

• Collect appropriate and accurate information required to assess potential clients and decide on the acceptable risk for a policy issuance.
• Review policy applications and renewals based on the previous loss experience.
• Evaluate policies with regards to the company’s underwriting standards.
• Make a decision to accept, modify or reject an insurance application after scrutiny of all the required documents and studies regarding the risk involved.
• Handle queries from credit control departments, intermediaries and clients
• Processing new businesses, renewals, endorsements as well as issuance of motor certificates, cover notes and yellow cards.
• Underwriting and processing work allocated from immediate supervisor and ensuring all debits are put through in the correct month to facilitate premium collection.
• Assisting clients in identifying our products that suits their needs in line with insurance principles.
• Prepare and issue cancellation notices in case of non-payment of premium.
• Preparation and issuance of renewal notices sixty dates before renewal date.
• Follow up renewals to ensure retention targets met
• Assist in claims handling requests.
• Preparation and issuing quotations.
• Liaising with intermediaries’ brokers and agents to solve any problems they may have and ensure efficient service delivery.
• Any other duties that may be allocated from time to time

Knowledge, Skills and Competencies Required

• Deep knowledge of underwriting regulations.
• Analytical thinker with research proficiencies.
• Ability to use reasonable and sound judgment.
• Strong problem-solving and decision-making skills.
• Solid organizational skills and detail-oriented.
• Ability to work under pressure and meet strict deadlines.
• Strong interpersonal and negotiation skills.
• Computer literate in MS Office and other office applications
• Ability to build positive relationships and partnerships with clients, brokers and key role-players

Academic/Professional Qualifications and Experience required

• Degree in Actuarial Science or Business-Related field.
• Good progress in professional qualification in insurance (IIK)
• 2 years’ experience in General Insurance Underwriting

How to Apply

Applications should be addressed to the Group Human Resources Manager, Madison Group Limited, Email: hr_recruitment@madison.co.ke so as to be received by Monday 5th May, 2025.