The Non-Motor Underwriting Insurance Manager will oversee the underwriting operations for non-motor insurance lines, including property, liability, and other specialty lines. This role involves leading a team of underwriters, developing and implementing underwriting strategies, ensuring compliance with company policies and regulatory requirements, and maintaining profitability.
Principal Accountabilities:
Supervise the Underwriting team within the region with a view to ensuring achievement of departmental objectives and eventually Company objectives in line with the strategic plan.
Establish an efficient renewal process to achieve the set turnaround time for issuance of renewal notices and deliver the desired retention and directly negotiate major corporate renewals to ensure business retention.
Provide leadership to the underwriting team through training and staff motivation to achieve the underwriting objectives.
Provide technical expertise on rates review depending on specific class loss ratio to improve performance and manage loss ratio.
Developing the relationship with existing clients, intermediaries and financial institutions to ensure continued business growth.
Collect relevant information and feedback from the market to be incorporated in innovation of new products to meet the changing clients' needs and wide range of products.
Review the risks accepted in the company to ensure that they are within the set underwriting guidelines and are covered under the reinsurance programmed.
Establish a proper documentation of risks and timely issuance of quotations, certificates, debits, policy documents and endorsements.
Provide guidance to branch underwriters on various enquiries for risk acceptance.
Regular review of documentation to ensure they meet the standard of business lines in line with policy terms and conditions.
Any other duty assigned from time to time.
Knowledge And Experience:
A Bachelor's degree in Commerce/Business related from a recognized University.
Diploma in Insurance (ACII / AIIK)
Five (5) years relevant working experience, three (3) of which should have been in non-motor Business underwriting.
Complete understanding of non-motor insurance business.