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Underwriting Executive - Lagos

Fosad Consulting · Lagos, Nigeria

Corporate Finance / InvestmentImported listingfull-time7 days ago

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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