Our client, a non-banking financial institution is looking to recruit an enthusiastic Underwriting Executive who will act as liaison between the company and other regulatory authorities and take on other underwriting responsibilities as required by the division.
The Underwriting Officer will act as the following:
Compliance Roles
• Acting as liaison between the company and NIA, NAICOM and other regulatory authorities
• Ensure timely and correct data entries into our software application
• Continuous knowledge sharing and on the job training for subordinates to ensure better understanding the products and quality service to internal and external customers
• Minimize complaints by internal and external customers and chart a way for complaint management.
• Policy reviews and product review with the aim to drive volume and pay lesser claims.
• Work with Product development team to develop new products in order to increase income growth for the company
Primary Role
• Distribution of all underwriting mails from CSU&F to relevant teams for timely execution and administration.
• Be involved in the placement slips/quotes both physical and online
• Assist with monitoring the compliance of various SLA in the teams.
• Compliance with NAICOM guidelines and to enforce strict adherence
• Follow up on Reporting Manager to ensure monthly or quarterly returns are submitted as at when due.
• Render assistance to underwriting teams at branches when required
• Monitor all insertions to the software and ensure compliance with company’s policies and standard
• Interfacing between the underwriting teams and other teams
• Ability to aid in fostering fruitful relationship between brokers and the company
Qualifications
Education
• Bachelor’s Degree in any social science course
• Professional Certification in CIIN or any other relevant professional Cert.
Experience
• A minimum of 2 years’ experience in Underwriting, Reinsurance and/or Claims
• Experience with a relevant software such as Word Document, Human Manager, Premia9 and 10, Excel etc.
Additional InformationTop Skills
What We Do
Fosad Consulting is an independent cross-industry HR and Engineering consulting firm. We partner with international and local companies seeking to accelerate the growth of their businesses by providing solutions that drive their businesses to succeed. Our solutions cater to multiple industries, including the oil and gas, financial services, telecommunications, transport, hospitality, healthcare and retail; and our projects are supported by professionals who have proven that they have what it takes to deliver against the odds to delight our clients.
For over 20 years we have provided hands-on solutions to a number of global brands, hence we understand how they work, their expectations, as well as the need to constantly provide services that are top-notch and meet the required global standards.
We are a leading provider of specialist Outsourcing solutions that extend to HR Services, Engineering, Expatriate Management protocols, Procurement, Learning & development interventions, Oil & Gas, and a host of services to some of the world’s most interesting brands.
We are proud members of the Nigerian American Chamber of Commerce – a foremost organisation that seeks to bridge the gap between Nigerian businesses and their counterparts in the United States. We are also registered members of the Networking with the United States of America (NUSA) program; under the auspices of the US Commercial Service initiative in Nigeria.
Part of our commitment to customer service means giving our clients honest, straightforward and, sometimes, even difficult advice. At Fosad we know you can’t afford to get it wrong and that’s why we do everything to make sure you get it right.
