Technical Underwriter at Adeeva Capital Limited Full Time

Adeeva Capital Limited is currently seeking for application from qualified applicants to fill the vacant position of Technical Underwriter. interested and qualified applicants can apply via the details below

Adeeva is a licensed loan, investment, and savings firm designed to help individuals and business owners.

We are recruiting dynamic employees for a newly licensed insurance brokerage firm located in Lekki Phase 1, Lagos in the position below:

Job Title: Technical Underwriter

Location: Lagos
Employment Type: Full-time
Department: Underwriting
Reports To: Head, Technical Underwriting
Direct Reports: None
Duration: Continuous

Job Purpose

• To analyse risk in insurance proposals, determine policy terms and calculate premiums on the basis of actuarial, statistical, and background information.

Job Duties

• Ensure that the standard insurance business placement processes through claims processing are followed religiously
• Study the Insured line of business to determine associated risk types and likely Policies
• Study and Review Insurance proposals and seek to improve terms
• Properly Assess and analyze prospective Insured background information
• Schedule meetings with Insurers to determine risk assessment in unique circumstances
• Layout and finalize insurance policies applying specific terms and conditions as agreed upon by the Insured
• Liaise with the Insurers to determine the premium due based upon informed judgment, competitors and market pricing
• Ensure that premiums are competitive and that accounts remain profitable
• Review insurance claims and terms
• Review policies and help with policy wording ensuring that the Insured is properly protected
• Keep detailed and accurate records of policies underwritten and decisions made.
• Review of Tenders/EOI to ensure compliance with tender requirements
• Prepare all regulatory returns (Monthly, quarterly, half-yearly, and yearly) as far as it concerns Technical department
• Review all policy documents/endorsement and post-placement report on Insured insurance programs

Person Specification & Additional Requirements

• Minimum of 5 years of work experience
• Excellent calculation and statistics skill
• Attention to detail and analytics skills
• Verbal and written communication skills
• Negotiation and interpersonal skills
• Must be very tech-savvy.
• Strong organizational skills
• Excellent communication and people management skills are compulsory
• Ability to use sound judgment.

Application Closing Date
6th May, 2022.