Old Mutual Limited (OML) is a Pan-African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 13 African countries and boasts a rich heritage of 175 years. The primary listing of Old Mutual Limited, which comprises the East Africa business – UAP Old Mutual Group, on the Johannesburg Stock Exchange is a milestone the business attained in June 2018, with Secondary listings in Zimbabwe, Namibia & Malawi.
The UAP Old Mutual Group comprises 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 Group is one of the largest financial services groups with a growing footprint in East and Central Africa. It currently operates in Kenya, Uganda, Tanzania, South Sudan and Rwanda. UAP Old Mutual offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Savings and Banking, as well as a wider and more accessible distribution network. The Group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with a qualified, experienced and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The position’s details are outlined below:
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Role Title: |
Underwriter-Medical-1 Post |
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Business Unit(s): |
Rwanda |
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Business /Function: |
Assistant Underwriter-Medical |
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Location: |
Rwanda |
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Reports To: |
Senior Underwriter |
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MDP Level: |
Manager of self |
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Role Size |
K |
Job Summary
The job holder is responsible for Underwriting and processing medical business within Company guidelines.
Key tasks and responsibilities:
- Apply standard rates, calculate premiums, and underwrite new, renewal business, endorsements, and cancellations.
- Prepare renewal terms for corporate business in time and ensure close and tactical follow up to renew the businesses of renewal letters and follow up.
- Prepare premium invoices and ensure timely premium collection as per the credit policy.
- Follow up on debt collection and reporting
- Ensure accurate benefits set up and membership maintenance in the system.
- Ensure timely scheme performance reporting as per SLA’s with clients and intermediaries and attend scheme performance review meetings as per set guidelines.
- Ensures that systems and procedures covering underwriting operations are adhered to and supervises the Underwriting Assistants to ensure quality and timely service
- Works closely with field marketing staff/agents, brokers to develop and maintain positive business partnerships
- Liaison with brokers/agents and direct clients to verify information, explain and interpret coverage.
- Preparation of member guides and underwriting summaries.
- Generate utilization reports, member statements, and loss ratio trends.
- Ensure compliance with standards of service/Customer service charter in all underwriting operations.
- Enforces the no – credit policy and ensures that premiums are up to date for section accounts through timely collection of premiums.
Academic/Professional Qualifications; experience; skills and competencies
- University degree in statistics or business-related course
- Basic Insurance qualification
- Minimum Experience of 1 year
- Good communication and negotiating skills
- Good assessment and analytical skills
- Knowledge in medical risk assessment.
Please visit our careers page through: https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/job/Kigali/Assistant-Underwriter-Medical_JR-23741
Interested candidate are requested to submit their applications by 5:00 PM 19th May 2022.
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.
