Assistant Underwriter-Medical at Old Mutual Insurance Rwanda: (Deadline 19 May 2022)

Assistant Underwriter-Medical at Old Mutual Insurance Rwanda: (Deadline 19 May 2022)

Assistant Underwriter-Medical at Old Mutual Insurance Rwanda: (Deadline 19 May 2022)

Old Mutual Limited (OML) is a Pan-African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 13 African countries and boasts a rich heritage of 175 years. The primary listing of Old Mutual Limited, which comprises the East Africa business – UAP Old Mutual Group, on the Johannesburg Stock Exchange is a milestone the business attained in June 2018, with Secondary listings in Zimbabwe, Namibia & Malawi.

The UAP Old Mutual Group comprises 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 Group is one of the largest financial services groups with a growing footprint in East and Central Africa. It currently operates in Kenya, Uganda, Tanzania, South Sudan and Rwanda. UAP Old Mutual offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Savings and Banking, as well as a wider and more accessible distribution network. The Group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with a qualified, experienced and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The position’s details are outlined below:

Role Title:

Underwriter-Medical-1 Post

Business Unit(s):


Business /Function:

Assistant Underwriter-Medical



Reports To:

Senior Underwriter

MDP Level:

Manager of self

Role Size


Job Summary

The job holder is responsible for Underwriting and processing medical business within Company guidelines.

Key tasks and responsibilities:

  • Apply standard rates, calculate premiums, and underwrite new, renewal business, endorsements, and cancellations.
  • Prepare renewal terms for corporate business in time and ensure close and tactical follow up to renew the businesses of renewal letters and follow up.
  • Prepare premium invoices and ensure timely premium collection as per the credit policy.
  • Follow up on debt collection and reporting
  • Ensure accurate benefits set up and membership maintenance in the system.
  • Ensure timely scheme performance reporting as per SLA’s with clients and intermediaries and attend scheme performance review meetings as per set guidelines.
  • Ensures that systems and procedures covering underwriting operations are adhered to and supervises the Underwriting Assistants to ensure quality and timely service
  • Works closely with field marketing staff/agents, brokers to develop and maintain positive business partnerships
  • Liaison with brokers/agents and direct clients to verify information, explain and interpret coverage.
  • Preparation of member guides and underwriting summaries.
  • Generate utilization reports, member statements, and loss ratio trends.
  • Ensure compliance with standards of service/Customer service charter in all underwriting operations.
  • Enforces the no – credit policy and ensures that premiums are up to date for section accounts through timely collection of premiums.

Academic/Professional Qualifications; experience; skills and competencies

  • University degree in statistics or business-related course
  • Basic Insurance qualification
  • Minimum Experience of 1 year
  • Good communication and negotiating skills
  • Good assessment and analytical skills
  • Knowledge in medical risk assessment.

Please visit our careers page through:

Interested candidate are requested to submit their applications by 5:00 PM 19th May 2022.

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.

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