Credit Underwriting Specialist at Autochek
Autochek
Lagos, Nigeria
Permanent
Published 1 month ago · Expires 4 weeks from now
Job description
We are looking for a qualified candidate to fill this position.
JOB SUMMARY
- We seek to engage a productivity-oriented professional who will collaborate with the executive management team, to improve the underwriting standards in alignment to local and International underwriting regulations, taking into cognizance, underwriting policies, guidelines, rating manual, and insurance regulations.
ESSENTIAL JOB FUNCTIONS
- Implement the Underwriting framework for long-term strategic financial objectives
- Evaluate the possibility of losses due to catastrophe or excessive insurance.
- Review and possibly revamp the Company’s insurance policies to determine the acceptability of risk in accordance with the company’s guidelines and standards.
- Lead underwriting, structuring, revisions, and closing of amendments, upsizes, and extensions as needed, including annual reviews.
- Provide sound underwriting philosophies and discipline across all company business lines and demonstrate operational effectiveness in dealing with claims in accordance with company regulations aimed at meeting customer expectations
- Set appropriate pricing for all key products in all channels and risk classes so as to ensure that the Company is meeting its stated strategy of underwriting to achieve profit in all products and across all distribution channels
- Innovate product developments to meet consumers’ insurance needs with the aim of generating new business for the brand
Check how your CV aligns with this job