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    Underwriter - Lagos, Nigeria - LEAD Enterprise Support Company Limited

    LEAD Enterprise Support Company Limited
    LEAD Enterprise Support Company Limited Lagos, Nigeria

    1 day ago

    Default job background
    Full time
    Description

    Job Summary/Objective:

    The Underwriter will assess the risk of insuring a person or company according to the likelihood of a claim being made. He/She will strike and maintain a balance between attracting and retaining customers through competitive insurance premiums and being able to cover any potential losses from claims.

    Key Duties and Responsibilities:

    • The Underwriter would assist in doing the following:
    • Review insurance applications for compliance and adherence.
    • Liaise with the Senior Underwriter and specialist to gather information and opinions.
    • Draw up quotes for competitive insurance premiums.
    • Negotiate and define the specific terms of insurance with policyholders and partners.
    • Balance between mass and homogeneity of risks to predict future risk.
    • Follow applicable insurance laws.

    Job Requirements and Skills:

    • HND/BSc in Insurance or related field.
    • Two years of work experience in life assurance underwriting and rating.
    • Experience in Insurance Indemnity is considered an additional advantage
    • Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposure.
    • Confident decision-making skills.
    • Knowledge of statistical packages.
    • Ability to work independently and in a team.
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