Reporting to: Head of Operations – CIC
Location: CRDB Bank Plc Insurance Broker
Job Summary
The Purpose of the Job is to be responsible for utilizing data to determine the risks in creating insurance policies. Analyzes statistical data and decide who can be covered through the company and who is not eligible. Assesses the risk of insuring a person or company according to the likelihood of a claim being made.
Key Responsibilities
- Review insurance proposals and seek to improve terms.
- Properly Assess and analyze the client’s background information.
- Participate in continuing education courses to remain knowledgeable and competitive in the industry.
- Use professional techniques and strategies to calculate the risk associated with client policies.
- Review insurance claims and terms to determine the amount to be paid out by the company.
- Designate and prepare insurance premiums based on informed judgment and competitor pricing.
- Organize meetings with specialists to help determine risk assessment in unique circumstances.
- Layout and finalize insurance policies applying specific terms and conditions as agreed upon by the client.
Education Experience, Knowledge and Skills Required
- Bachelor’s degree in mathematics, statistics, or a related field
- Professional listening and certification from institutions such as Associate in Commercial Underwriting (AU)
- Work experience of not less than two years in underwriting
- Experience working with private and sensitive personal information.
Deadline 13th June 2023
