Contact UsSENIOR UNDERWRITER – JOB DESCRIPTION
Under the supervision of, and reporting to the Chief Underwriting Officer the Senior Underwriter’s key duties and responsibilities will be as below:
- Generate business through marketing activities and increasing the visibility of ATI. This involves meeting one-on-one with clients and prospects and attending different marketing events organised by ATI or ATI’s business partners;
- Assist to organize/manage awareness events in countries of responsibility;
- Support underwriting business through;
✔ Screening business enquiries based on eligibility criteria;
✔ Assessing the risks of the proposed transactions and produce a report of the risk to convince approvers to accept the risk;
✔ Issuing non-binding/indicative term sheets;
✔ Arranging reinsurance for transactions requiring reinsurance support;
✔ Preparing of policy documents and
✔ Educating policy holders on the A-Z of the policy they are about to sign.
✔ Assessing the risks of the proposed transactions and produce a report of the risk to convince approvers to accept the risk;
✔ Issuing non-binding/indicative term sheets;
✔ Arranging reinsurance for transactions requiring reinsurance support;
✔ Preparing of policy documents and
✔ Educating policy holders on the A-Z of the policy they are about to sign.
- Manage and monitor the underwritten risk – Support and guide the SCAPSO Officer in;
✔ Ensuring timely payment of premiums;
✔ Following up on any outstanding documentation/information from policyholders and
✔ Continuously monitoring the assigned portfolio, pre-empting any potential risk events thereon; and promptly bringing such to management’s attention.
✔ Following up on any outstanding documentation/information from policyholders and
✔ Continuously monitoring the assigned portfolio, pre-empting any potential risk events thereon; and promptly bringing such to management’s attention.
- Support generation of reports such as Underwriting reports, Broker reports, Marketing reports, Mission/back to office reports, Underwriting Department country marketing plan and activity reports, Policy wordings and any other Management reports;
- Assist the Claims Department to manage claims particularly risks under Watch list, and support on recovery initiatives;
- Implement effective people management initiatives including:
✔ Monitoring workflow, volume of work deliverables and the delivery of work of direct reports;
✔ Assisting team members in outlining their professional development goals and identifying any need for and monitoring “on the job training”; mentoring and coaching team members;
✔ Ensuring the efficient and fair assignment of work to direct reports; and
✔ Providing ongoing informal and formal feedback to direct reports and ensuring direct reports who are primary supervisors provide similar feedback to those they supervise.
✔ Assisting team members in outlining their professional development goals and identifying any need for and monitoring “on the job training”; mentoring and coaching team members;
✔ Ensuring the efficient and fair assignment of work to direct reports; and
✔ Providing ongoing informal and formal feedback to direct reports and ensuring direct reports who are primary supervisors provide similar feedback to those they supervise.
Role Specifications:
- A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization;
- A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
- CII or CPA/ACCA (an added advantage);
- A minimum of Eight (8) years relevant experience;
- Technical understanding, expertise, and experience in insurance and re-insurance;
- A proven track record of success underwriting complex transactions or providing sector specific underwriting skills;
- Key Stakeholders management skills;
- Demonstrate ability to initiate ideas for Product development;
- Team leadership skills;
- Demonstrate a clear understanding of policy wordings;
- Strong analytical skills with a high level of accuracy and attention to details;
- Excellent negotiation skills;
- Good judgement and decision making skills;
- Ability to work under pressure and meet urgent deadlines;
- Excellent communication (oral, written, presentation) and interpersonal skills;
- Ability to work in a multi-cultural environment;
- Strong people management skills; and
- Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.