Head of Technical Underwriting at Adeeva Capital Limited

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, to fill the position below:

Job Title: Head of Technical Underwriting

Location: Lagos
Employment Type: Full-time
Reports To: Managing Director
Direct Reports: Underwriters
Duration: Continuous

Job Purpose

• The role holder will be required to provide effective managerial skills to Adeeva Insurance Underwriting teams across the region in order to deliver profitable growth.

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

• A Degree in Insurance or related discipline.
• Strong numeracy, analytical, and strategy skills
• Good research skills and conversant with the current trends in the global Insurance industry most especially Nigeria Insurance Market Place
• A professional approach to work, integrity, and respect for ethics
• IT competence and computer literacy are compulsory
• Negotiation skills, written and oral communication skills
• The confidence to relate to a range of people and to challenge people when necessary.
• The ability to explain complex issues and present technical information.

Application Closing Date
6th May, 2022.