SONARWA Life Assurance Company Limited (SONARWA LIFE) is a public limited liability company registered
under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of life assurance
& pension management. The company is looking for competent & experienced people to take on different roles in
the company.
Job Title: Manager, Underwriting.
Purpose of the Job:
This position is responsible for ensuring the underwriting role is done properly in accordance with the company’s
policies and external regulations in order to minimize risk and keep the company profitable.
Key Responsibilities:
• Implement the underwriting strategy, and the corresponding implementation plans to ensure the
underwriting process supports the achievement of Sonarwa Life business strategy.
• In liaison with the head, underwriting, continuously review the business process for underwriting to
support efficiency, effectiveness and compliance with the relevant regulations.
• Coordinate underwriting processes to ensure timeliness in services provided to customers and ensure
that they are in compliance with Sonarwa Life underwriting policies and procedures.
• Inculcate a customer centric culture in the area of underwriting in line with the company’s customer
service charter regarding response time, documentation etc.
• Vet all risks to ensure that only quality business is accepted into the company at acceptable rates to ensure
profitability and achievement of the set loss ratio targets.
• Initial review of the valuation reports.
• Work on clients’ provisions to detect inconsistencies and address incompleteness and carry out a periodic
comprehensive reconciliation of client data.
• Work out quotation and tenders and ensure timely dispatch to clients/ intermediaries.
• Ensure proper administration of existing policies and manage policy renewals, revivals and
reinstatement, and endorsements.
• Review and sign policy documents and other contractual documents within specified limits.
• Prepare or review the periodic reinsurance returns and ensure proper implementation of reinsurance
treaties and other underwriting agreements like bancassurance.
• Coordinate the development of reports on the underwriting function to ensure timely communication to
management on performance; and manage relationships with clients, intermediaries, and service
providers to ensure agreed service level agreements are achieved and goodwill with all stakeholders is
maintained.
Minimum Requirements:
• Bachelor’s Degree in insurance, actuarial, or business-related field, with a minimum of three (3) years’
experience in insurance; two (2) of which should be in a managerial capacity in underwriting.
• Professional qualification in Insurance (Dip CII, ACII, FLMI) or any other relevant professional
qualification. Commitment for a continuous professional education.
• Having a Master of Degree in any of the above mentioned academic fields and experience will be an added
advantage.
• Communication skills.
• Building relationships
• Customers relations skills
• Self-development
• Problem solving
• Developing others
• Quality and risk management
• Managing change and ambiguity
• Managing and executing strategy
• In depth understanding of insurance operations and concepts
• Knowledge of insurance regulatory requirements
• Knowledge of underwriting processes, procedures, and concepts.
• Any other duties as may be assigned by management.
If you believe you fulfill all the requirements, please submit your application letter, latest CV, including
three (3) referees, copies of degrees & certificates, & copy of ID, not later than 28th September 2023 to the
following email address: recruitment@sonarwalife.co.rw
Done at Kigali on 22/09/2023.
Click here for more details & Apply
