Assistant Underwriter -General Insurance at Old Mutual Insurance Rwanda Plc (Deadline:21st December 2021)

Old Mutual Insurance Rwanda (former UAP Insurance Rwanda) is a subsidiary of UAP Old Mutual Group, member of Old Mutual Limited, an Integrated financial service provider comprising Insurance, Banking, and Investment Business. Old Mutual insurance Rwanda’s vision is being the Rwandan’s revolutionary financial services company with a commitment to enhance the quality of life by delivering peace of mind and financial freedom.

Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries. Our primary operations are in South Africa and the Rest of Africa, and we have niche businesses in Asia. We have 12 million customers and 30,000 employees and with over 175 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent. The business is listed on the Johannesburg, London, Zimbabwean, Malawian and Namibian stock exchanges. The UAP Old Mutual Group 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 acquisition resulted in Old Mutual Kenya and UAP Holdings (www.uapoldmutual.com) as well as Faulu Microfinance Bank (www.faulukenya.com) forming one of the largest financial services groups with a growing footprint in East and Central Africa. The Group currently has operations in Kenya, Uganda, Tanzania, South Sudan and Rwanda.  The Group now offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Banking, and Savings as well as a wider and more accessible distribution network. The wider group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with qualified, experienced, and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The positions’ details are further outlined below;

Job Summary

provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. Being an Underwriting Assistant may assist underwriters with the computation of rates and premiums

Key tasks and responsibilities

• Offer a high level of customer service while interacting with clients. (walk-in clients, telephone and emails)
• Assess and screening of the proposed risk within the set underwriting standards and limits.
• Ensure timely and accurate preparation of quotations.
• Preparing policy documents, endorsements debit and credit notes
• Generations of renewal notices and follow up.
• Ensure safekeeping and proper accounting of all company security documents. Eg: Motor certificate, yellow cards, etc
• Ensure adherence to the underwriting guidelines and company policies. Eg: UW manuals, Credit policy etc
• Ensure that Underwriting files are well documented, and all communications and transactions are recorded.
• Ensure underwriting data accuracy and completeness
• Ensure assigned workload within quality and productivity.
• Perform any other duties as assigned

Qualifications and experience

• University degree
• Basic Insurance qualification
• Minimum of 3 years in a similar role

Skills and competencies

• Good communication and negotiating skills
• Good interpersonal skills
• Thorough understanding of policy covers/wordings and their interpretation as pertaining to claims

Please visit our careers page through: https://bit.ly/3GIy38J

Interested candidate are requested submit their applications by 5.00 p.m. 21^st December 2021.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application.

ONLY short-listed candidates will be contacted.