Contact UsUNDERWRITER – JOB DESCRIPTION
Under the supervision of, and reporting to the Chief Underwriting Officer, through the Senior Underwriter, the Underwriter’s key duties and responsibilities will be as below:
- Support in generating 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 organise/manage awareness events in countries of responsibility;
- Support underwriting business through;
✔ Screening business enquiries based on eligibility criteria;
✔ Assess the risks of the proposed transactions and produce a report of the risk to convince approvers to accept the risk;
✔ Issue non-binding/indicative term sheets;
✔ Arrange reinsurance for transactions requiring reinsurance support;
✔ Preparation of policy documents and
✔ Educating policy holders on the A-Z of the policy they are about to sign.
✔ Assess the risks of the proposed transactions and produce a report of the risk to convince approvers to accept the risk;
✔ Issue non-binding/indicative term sheets;
✔ Arrange reinsurance for transactions requiring reinsurance support;
✔ Preparation of policy documents and
✔ Educating policy holders on the A-Z of the policy they are about to sign.
- Assist in managing and monitoring the underwritten risk – Support and guide the SCAPSO 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 Underwriting reports, Broker reports, Marketing reports, Mission/back to office reports, country marketing plan and activity reports, Policy wordings; and
- Update and monitor the Watch list.-
- To perform other duties as may be assigned to you from time to time.
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 five (5) 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;
- Bi-Lingual communication skills in both English and French will be an added advantage;
- 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.