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Team Leader Underwriting - Agency UIC job at Old Mutual | Apply Now
Are you looking for Administrative jobs in Uganda 2024 today? then you might be interested in Team Leader Underwriting - Agency UIC job at Old Mutual
Kampala, Uganda
Full Time
About the Organisation
Old Mutual Limited is a pan-African investment, savings, insurance, and banking group. It is listed on the Johannesburg Stock Exchange, the Zimbabwe Stock Exchange, the Namibian Stock Exchange and the Botswana Stock Exchange.
The UAP Old Mutual Group is an integrated Financial Service business comprising Faulu Microfinance Bank, UAP and Old Mutual. The Group, which is operational in East Africa services to more than 1.2 million customers across Kenya, Uganda, Tanzania, Rwanda and South Sudan. The UAP Old Mutual Group now 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 acquisitions resulted in Old Mutual Kenya UAP Holdings and Faulu Microfinance Bank, forming one of the largest financial services groups with a growing footprint in East and Central Africa. UAP and Old Mutual have been major players in the financial services market in East Africa for decades. The two entities have vast experience in Insurance, Investment, Asset Management and Banking, and are passionate about helping our customers achieve their financial goals.
Job Title
Team Leader Underwriting - Agency UIC job at Old Mutual
Old Mutual
Job Description
A Team Leader - Underwriting oversees the underwriting department, ensuring efficient risk assessment and management to meet company standards and customer satisfaction. This role involves leading a team of underwriters, setting performance goals, and ensuring compliance with company policies and regulatory requirements. The Team Leader reviews and approves high-risk cases, maintains quality assurance, and implements training and development programs for underwriters. Additionally, they analyze underwriting performance metrics, support process improvements, and collaborate with other departments to optimize workflows. Key skills include strong analytical abilities, decision-making, team management, and a solid understanding of underwriting principles and risk assessment.
Duties, Roles and Responsibilities
To assess, price and determine terms for risks presented within set standards of service in a manner to ensure quality selection of risks and timely service
Establish new and existing risks to ensure they are adequately rated and commensurate terms and conditions advised and endorsed with a view to ensuring that the GI portfolio remains viable and profitable.
Supervise the underwriting team to meet QOP and ensure customer service charter terms are met.
Monitor that all underwriting procedures are adhered to and monitoring systems to ensure compliance.
Maintain a smooth flow of information between underwriting and claims, and agents, for use in underwriting
Determine acceptability of risks, monitor and review terms of accounts assigned
Supervise, train and mentor staff on technical matters to ensure their skills are sharpened
Ensure timely and accurate debiting of premium and endorsement of cover conditions
Supervise preparation of renewal notices, timely dispatch and follow up
Prepare underwriting reports and statistics for management review.
Review risk assessment and rating systems and procedures and make recommendations for improvement.
Continually monitor clients claims experience/ benefit utilization and recommend underwriting action
Check and sign underwriting document to authenticate it
Maintain effective business relationships to ensure effective delivery of service
Monitor service standards within the section to ensure high quality customer service is delivered.
Assist in marketing company products and services to intermediaries and potential clients
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
COMMERCIAL
SERVICES
INDUSTRIAL
SERVICES
RESIDENTIAL
Qualifications, Education and Competencies
Skills
Analytical Thinking, Anti Money Laundering Training, Counter Terrorist Financing, Customer Due Diligence (CDD), Customer Service, Ensure Compliance, Insurance, Insurance Claims, Management Reporting, Marketing, Money Laundering, Service Standards, Supervision, Underwriting
Education
Advanced Diploma In Insurance Management: Insurance (Required), Bachelors Degree (B) (Required)
How to Apply
APPLICATIONS FOR THIS POSITION MUST BE ONLINE
Click the "Apply Now Button" Below to submit your Application
Deadline:15th November 2024
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