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New Job Opportunity at UAP Insurance Tanzania - Deputy Underwriting Manager

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AJIRALEO TANZANIA
UAP Old Mutual Group
Jobs in Tanzania 2020: New Jobs Vacancies at UAP Old Mutual Group 2020
AJIRA TANZANIA 2020 / NAFASI ZA KAZI 2020
New Job Vacancy UAP Old Mutual Group, Branch Manager March 2020, Ajira Mpya Tanzania, Nafasi Za Kazi, Jobs In Tanzania

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UAP Insurance Tanzania is a member of the UAP Old Mutual Group in East Africa, which is a subsidiary of Old Mutual Limited (OML). UAP Insurance has been in operations in Tanzania since 2013 following the acquisition of the majority stake in Century Insurance Company.
We are proud of our contribution in the growth of the Insurance Industry and our commitment is to enable our customers achieve their financial goals through the provision of innovative insurance solutions.

UAP Insurance Tanzania contributes to the communities that we operate in through CSR activities in education, health and social welfare and participates in industry initiatives aimed at improving financial literacy and inclusiveness in the country.
The Company operates a large footprint in the country with offices in all major cities and now wishes to recruit a high caliber individual to fill the following senior position below...
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Deputy Underwriting Manager
Dar Es Salaam
Your time is now to be your exceptional best at Old Mutual!
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Job Description

Quotations and Risk Acceptances:
  • Ensure quotations are done and dispatched within the agreed turnaround time
  • Accept all new agreed proposals which meets acceptable underwriting standards within the delegated authority
Underwriting Process and Procedures
  • Analyse and assess proposal forms and risk notes and confirm correctness within the acceptable underwriting standards
  • Ensure all incoming business are captured in the system accurately and monitor backlog status and observe timely month end closing (25th of every month).
  • Prepare /Issue policies and endorsements for all classes of insurance within the system at the agreed turnaround time
  • Respond to all correspondence within the agreed turnaround time
  • Ensure adherence to all the process, procedures and controls within the department.
  • Ensure Reinsurance allocations are done properly as per treaty on every business before capturing into the system
  • Conduct trainings on various covers to staffs, intermediaries etc.
Risk Management
  • Analyse and assess proposals and risk notes and recommend on the need to carry out surveys for small to medium size non-standard risks
  • Communicate to the client’s progress on the implementation of surveyor’s recommendations in improving the status of risks written
  • Resolve internal control audit recommendations fully and ensure no issue automatically escalates.
  • Monitor the quantity and quality of work done with ZERO error which may result in disputes with other departments.
Policy Renewals
  • Work on the allocated renewal scrutiny listing 2 months prior to expiry of policy and dispatch renewal notices to producers/clients1 month prior to renewal date
  • Follow up allocated policies falling due for renewal and provide weekly report to Underwriting manager to ensure achievement of monthly retention ratio of at least 90%
  • Establish unrenewed list by 1st Week on the following month and make counter follow ups
  • Filing – Comply with the agreed filing and record keeping system
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NEW TANZANIAN JOBS, INTERNSHIPS AND VOLUNTEERING OPPORTUNITIES 2020 (1,319 POSTS)

Responsibilities
Skills and Experience 2-3 years work experience
Education

  • Bachelors Degree (B): Business Studies: Marketing Management (Required)
Closing Date 29th December 2020.