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Deputy Underwriting Manager

at UAP Insurance Tanzania Limited
Location Dar Es Salaam, Tanzania, United Republic of
Date Posted December 25, 2020
Category Insurance
Management
Job Type Full-time
Currency TZS

Description

JOB DETAILS:
UAP Insurance Tanzania is a member of the UAP Old Mutual Group in East Africa, which is a subsidiary of Old Mutual Limited (OML). UAP Insurance has been in operations in Tanzania since 2013 following the acquisition of the majority stake in Century Insurance Company. We are proud of our contribution in the growth of the Insurance Industry and our commitment is to enable our customers achieve their financial goals through the provision of innovative insurance solutions.
UAP Insurance Tanzania contributes to the communities that we operate in through CSR activities in education, health and social welfare and participates in industry initiatives aimed at improving financial literacy and inclusiveness in the country.
The Company operates a large footprint in the country with offices in all major cities and now wishes to recruit a high caliber individual to fill the following senior position below... .

Job Description
Quotations and Risk Acceptances:
• Ensure quotations are done and dispatched within the agreed turnaround time
• Accept all new agreed proposals which meets acceptable underwriting standards within the delegated authority

Underwriting Process and Procedures
• Analyse and assess proposal forms and risk notes and confirm correctness within the acceptable underwriting standards
• Ensure all incoming business are captured in the system accurately and monitor backlog status and observe timely month end closing (25th of every month).
• Prepare /Issue policies and endorsements for all classes of insurance within the system at the agreed turnaround time
• Respond to all correspondence within the agreed turnaround time
• Ensure adherence to all the process, procedures and controls within the department.
• Ensure Reinsurance allocations are done properly as per treaty on every business before capturing into the system
• Conduct trainings on various covers to staffs, intermediaries etc.