We are recruiting to fill the position of:
Job Title: Head, Underwriting
Job Opening ID: 644
Location: Lagos
Responsibilities:
- Lead and manage the Underwriting group
- Articulate and implement robust risk management and governance around underwriting
- Develop best practices reserve guidelines and protocols that provide consistency and accuracy
- Establish the platform to ascertain premium rates required and cash reserves necessary to ensure payment of future benefits for all life policies.
- Establish the platform to forecast risk and liability for payment of future benefits
- Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
- Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies.
- Determine policy contract provisions for each type of insurance.
- Determine and establish risk acceptance criteria and specify applicable endorsements or applicable rating to ensure safe profitable distribution of risks.
- Develop and implement best practice risk assessment/analysis tools.
- Perform other functions as assigned by the Executive Director, Technical,
Skill set
- Knowledge and understanding of Insurance Business
- Risk Appreciation
- Statistics & probability expertise
- Good policy development and management capabilities
- Financial Acumen
- Finance & Accounting
Qualification:
- Minimum work experience of 10 years
Application Closing Date:
31st October, 2012
Method Of Application:
Interested candidates should