Author Topic: [Full-time] Underwriting Officer Job at Fosad Consulting Ltd  (Read 209 times)


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Location: Lagos State



Job Title: Underwriting Officer Company: Fosad Consulting Ltd Job Type: Full Time Qualification: BA/BSc/HND Experience: 3 years Location: Lagos, Nigeria Job Field: Insurance . Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting. We leverage our expertise and strategic alliances to support businesses. Our client, a non-banking financial institution is looking to recruit an Underwriting Officer who will among other things be responsible for studying insurance proposals and ensuring all risk documents are accurate. . Job Description: - gathering and assessing background information in order to effectively assess the risk involved; - calculating possible risk and deciding how much individuals or organisations should pay for insurance (the premium); - deciding whether the risk should be shared with a reinsurer; - computing results for appropriate premiums using actuarial information, other statistics and own judgement; - visiting brokers or potential customers and preparing quotes; - liaising with specialists, such as surveyors or doctors, for risk assessment; - gathering information and various types of reports (e.g. medical records) from specialists; - negotiating terms with policyholders or their brokers; ensuring that premiums are competitive; - specifying conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm; - negotiating with brokers and drawing up contracts; - writing policies; - keeping detailed and accurate records of policies underwritten and decisions made. . Qualifications: Education: - Bachelor’s Degree in any social science field - Professional Certification in Insurance. . Experience: - A minimum of  3 years’ work experience in Underwriting Skills • Excellent Communication skills • Advanced Financial Analysis • Advanced Analytical Skills • Advanced IT skills • Expert Business Writing • Advanced Negotiation Skills • Expert Presentation skills • Expert Relationship Management • Communication in spoken and written english. . Additional Information: - The role is open to candidates residing in Abuja or are willing to relocate.

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