Fosad Consulting Ltd is a business support services firm with offerings in Human Resource Management, Immigrations and Real Estate Consulting. We leverage our expertise and strategic
alliances to support businesses. Our proposition is based on a deep understanding of the drivers of high performing businesses and the required business solutions that supports it. We work with clients to support their non-core business tasks to strategically position them for business success.
Job Title: Underwriting Officer
Experience: 3year(s)
Our client, a non-banking financial institution is looking to recruit an Underwriting Officer who will among other things be responsible for studying insurance proposals and ensuring all risk documents are accurate.
Job Description
gathering and assessing background information in order to effectively assess the risk involved;
calculating possible risk and deciding how much individuals or organisations should pay for insurance (the premium);
deciding whether the risk should be shared with a reinsurer;
computing results for appropriate premiums using actuarial information, other statistics and own judgement;
visiting brokers or potential customers and preparing quotes;
liaising with specialists, such as surveyors or doctors, for risk assessment;
gathering information and various types of reports (e.g. medical records) from specialists;
negotiating terms with policyholders or their brokers;
ensuring that premiums are competitive;
specifying conditions to be imposed on different types of policies, for example, asking that a property owner install a security alarm;
negotiating with brokers and drawing up contracts;
writing policies;
keeping detailed and accurate records of policies underwritten and decisions made.
Qualifications
Education
Bachelor’s Degree in any social science field
Professional Certification in Insurance
Experience
A minimum of 3 years’ work experience in Underwriting
Skills
• Excellent Communication skills
• Advanced Financial Analysis
• Advanced Analytical Skills
• Advanced IT skills
• Expert Business Writing
• Advanced Negotiation Skills
• Expert Presentation skills
• Expert Relationship Management
• Communication in spoken and written english
Additional Information
The role is open to candidates residing in Abuja or are willing to relocate.
How to Apply
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