Vacancy title:
Assistant Underwriting Manager - Speciality Business and Product Development

Jobs at:

Deadline of this Job:
Wednesday, April 26 2023 

Summary
Date Posted:Wednesday, April 26 2023, Base Salary: Not Disclosed

JOB DETAILS:

Job Description
1. The incumbent will be responsible for all the specialty line of business activities, ensure achievement of set business targets, and promote growth .
2. Ensure continuous product review and development of new products ion line with the company risk appetite
3. Ensure profitable growth of specialty classes including but not limited to Trade Credit, large infrastructure projects, Power generation projects, Events Insurance, Kidnap & ransom, Oil and gas.
4. Design a product review plan to ensure products remain relevant in the market
5. Formulate and implement product development strategy , champion and take leadership of General insurance product development.
6. Participate in negotiations and discussions on prospective business in growth of business in this area
7. Prepare quotations as per the company’s standards of service and authority level matrix and follow through to conclusion
8. Ensure timely capturing and issuance of documentation for all business relating to these classes.
9. Prepare various periodic reports on the area of operation
10. Daily servicing of clients to nurture the relationship between the company and our customers
11. Initiate and follow with Insurance Regulatory Authority (IRA) authority and Reinsurance department to ensure placement of all business outside the existing treaty programs.


QUALIFICATIONS, SKILLS AND COMPETENCIES
Qualifications:
1. 1st Degree
2. At least 5 papers ACII or equivalent

Experience:
1. 5 years
Skills and Competencies:
1. Good product knowledge and technical skills
2. Excellent communication and negotiation skills
3. Excellent interpersonal relations skills
4. Extensive networking with corporate organizations and general intermediaries
5. Good analytical skills


Work Hours: 8

Experience in Months: 60

Level of Education: Bachelor Degree

Job application procedure

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