Assistant Underwriter – Risk Pricing at CIC Insurance

PURPOSE:

To assess and prudently underwrite Medical Business in commercially sound terms and to ensure that all underwriting and documentation duties in the section operate effectively and efficiently.

PRIMARY RESPONSIBILITIES:

• Accept or reject risk in line with the set underwriting guidelines;
• Preparation of renewal notices;
• Product Development through data acquisition & review;
• Review of New Business quotations from Medical Sales.
• Review Monthly Claims Register data review, reserves, outstanding claims.
• Medical Underwriting for all retail proposal forms;
• Preparation of Quarterly schemes performance reports for timely interventions to correct adverse trends;
• Support the business in the preparation of Ad Hoc Medical Business Reports
• Respond to customer and intermediaries’ enquiries

Key Skills, Knowledge, Experience and Behavioural Competencies
Academic and Professional Requirements

• Education    Bachelor’s Degree.    Degree in Actuarial/Statistics.
• Professional Qualification    Progress towards CII or IIK is an advantage

Experience Required:

 Description    Required years of experience

• Minimum experience in similar role    2 years 
• Basic knowledge of regulations by AKI and IRA