Underwriting Officer Job at Fosad Consulting Ltd

[Jobrib]

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.

Apply to this job

[Jobrib]