Underwriter Bancassurance - First Assurance Kenya at Absa Bank Limited

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

 

Underwriter Bancassurance - First Assurance Kenya

  • Job TypeFull Time
  • QualificationBA/BSc/HND
  • Experience3 years
  • LocationNairobi
  • Job FieldInsurance 

 Accountability: Operational Process Support

  • Ensuring renewal notices with appropriate terms are sent 60 days to renewal.
  • Policy document issuance within stipulated TAT.
  • Assist claims department by providing the required documents and details immediately
  • Approve and manage major quotations
  • Ensure retention of existing accounts
  • Assist in credit control
  • Overseeing retention portfolio in line with business strategy.
  • Controlling loss by assessing risk, conducting analysis and recommending policy solutions
  •  Identifying portfolio risks resulting from client’s underlying business practices, underwriting investigations or fraud exposure.
  •  Coordinating with internal stakeholders to initiate marketing strategies and meet market penetration and business growth objectives.
  •  Supporting review, acceptance or denial of new or renewal business after carefully reviewing all information.
  •  Proactively address escalated customer issues.
  • Driving growth through collaborative engagements with various distribution channels, insurance brokers, agents, banc assurance with enhanced service accessibility & client reach.
  • Meeting with customers, agents and brokers to negotiate coverage, price and service delivery.
  • Calculating group and individual renewal rates based on customers’ background, industry and demographic information.
  • Providing high level of assistance to help with review, classification, and rating of applications.
  • Offering friendly and efficient service to customers, handling challenging situations with ease

Education and Experience Required:

  • Bachelor’s degree in insurance or business-related field
  • Progress in Insurance Professional Qualification or Actuarial
  • At least 3 years’ experience in underwriting

Method of Application

Interested and qualified? Go to Absa Bank Limited on absa.wd3.myworkdayjobs.com to apply

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