Assistant Underwriter at Old Mutual Insurance Rwanda: (Deadline 10 July 2023)

Assistant Underwriter at Old Mutual Insurance Rwanda: (Deadline 10 July 2023)

Old Mutual Insurance Rwanda (former UAP Insurance Rwanda) is a subsidiary of UAP Old Mutual Group, member of Old Mutual Limited, an Integrated financial service provider comprising Insurance, Banking, and Investment Business. Old Mutual insurance Rwanda vision is being the Rwandan’s revolutionary financial services company with a commitment to enhance the quality of life by delivering peace of mind and financial freedom.

Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. Our primary operations are in South Africa and the Rest of Africa, and we have niche businesses in Asia. We have 12 million customers and 30,000 employees and with over 175 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent. The business is listed on the Johannesburg, London, Zimbabwean, Malawian and Namibian stock exchanges. The UAP Old Mutual Group comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisition resulted in Old Mutual Kenya and UAP Holdings (www.uapoldmutual.com) as well as Faulu Microfinance Bank (www.faulukenya.com) forming one of the largest financial services groups with a growing footprint in East and Central Africa. The Group currently has operations in Kenya, Uganda, Tanzania, South Sudan and Rwanda.  The Group now offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Banking, and Savings as well as a wider and more accessible distribution network. The wider group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with qualified, experienced, and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The positions’ details are further outlined below;

Job Summary

This role provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. Being an Underwriting Assistant may assist underwriters with the computation of rates and premiums.

Key tasks and responsibilities

• Ensure proper records of security documents maintained, ie motor certificates are safely secured and accounted for.
• Continually review the performance of Accounts/Brokers within the section for follow up accounts that are not performing well.
• Ensure timely and accurate quotation for business and follow up on the same and thereafter filing monthly reports detailing renewal capture and status of un-renewed business.
• Follow up on premium collection and enforce the credit control policy to ensure that premiums are collected in good time.
• Ensure accuracy of renewal notice and timely preparation of renewal terms for major accounts while ensuring that a copy of such terms is maintained for reference purposes.
• Signing of security documents eg certificates, COMESA cards, invoices within authority limits for accountability.
• Marketing of company products and services to brokers and walk in clients.
• File weekly and monthly reports detailing the outstanding work position which includes ageing analysis for purposes of follow up by the Marketing department.

• Any other duty as assigned by line manager.

Qualifications and experience

• Bachelor’s degree in finance, Insurance option or related business field.
• 3+ years’ work experience
• Basic Insurance Qualifications

Skills and competencies

• Good communication and negotiating skills
• Good interpersonal skills

• Thorough understanding of policy covers/wordings and their interpretation as pertaining to claims.

Please visit our careers page through: https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/details/Assistant-Underwriter_JR-41819?q=assistant%20underwriter

Interested candidate are requested submit their applications by 12.00 a.m. 10^th July 2023.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application. 

ONLY short-listed candidates will be contacted.

CLICK HERE TO READ MORE AND APPLY