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FC
Underwriting Executive - Lagos
Fosad Consulting · Lagos, Nigeria
About The Role
The Underwriting Officer will act as the following
Compliance Roles
- Acting as liaison between the company and NIA, NAICOM and other regulatory authorities
- Ensure timely and correct data entries into our software application
- Continuous knowledge sharing and on the job training for subordinates to ensure better understanding the products and quality service to internal and external customers
- Minimize complaints by internal and external customers and chart a way for complaint management.
- Policy reviews and product review with the aim to drive volume and pay lesser claims.
- Work with Product development team to develop new products in order to increase income growth for the company
Primary Role
- Distribution of all underwriting mails from CSU&F to relevant teams for timely execution and administration.
- Be involved in the placement slips/quotes both physical and online
- Assist with monitoring the compliance of various SLA in the teams.
- Compliance with NAICOM guidelines and to enforce strict adherence
- Follow up on Reporting Manager to ensure monthly or quarterly returns are submitted as at when due.
- Render assistance to underwriting teams at branches when required
- Monitor all insertions to the software and ensure compliance with company’s policies and standard
- Interfacing between the underwriting teams and other teams
- Ability to aid in fostering fruitful relationship between brokers and the company
Education
- Bachelor’s Degree in any social science course
- Professional Certification in CIIN or any other relevant professional Cert.
Experience
- A minimum of 3 - 5 years’ experience in Underwriting, Reinsurance and/or Claims
- Experience with a relevant software such as Word Document, Human Manager, Premia9 and 10, Excel etc.
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