- Develop relationships with insurers, RI Brokers and other reinsurers to maximize opportunities and achieve profitable growth.
- Initiate market visits and calls to market players to identify sales opportunities and collect intelligence.
- Achieving new business premium, renewal premium retention and monitoring rate, exposure and retention.
- Collaborate with HoDs & senior members of broader Pula Group to develop synergies and local tactics to attract and retain business while executing Pula Reās underwriting strategies and initiatives.
- Within Pula Reās guidelines and granted underwriting authority, evaluate new and renewal account information to determine risk acceptability, terms / conditions to be quoted, and pricing.
- Make sound risk and pricing decisions that achieve profitable loss ratios.
- Maintain underwriting quality as per Pula Re underwriting framework.
- Document underwriting file to support acceptability and pricing in accordance with Pula Re guidelines.
- Achieve customer service standards, including established objectives for:
- New business quote turnaround.
- Renewal quotes
- Endorsement, cancellation, audits and other transactions.
- Policy issuance
- Provide detailed issuance instructions to ensure policy is delivered consistent with quoted terms and conditions and in accordance with established guidelines relative to policy construction.
- Review mid-term endorsement requests for acceptability and provide instructions for processing.
- Evaluate premium/risk referrals to determine class acceptability and/or appropriateness of current exposure base. Adjust current terms with acceptable changes to ensure the company gets timely payment of adequate premium.
- Order and review inspections to confirm accounts written are consistent with preliminary underwriting information and act when the inspection reveals unacceptable risk characteristics.
- Determine if retro-facultative reinsurance is needed and if so, factor retro cost in gross pricing, complete cession procedures; documentation file and follow established workflow procedure to ensure proper reporting / accounting.
- Managing claims management encompassing recovery from retro partners, payouts cedants and evaluating all claim slips and related documentation.
- Support other team members as assigned when the other underwriter is traveling or out on vacation / sick time.
- Building underwriting acumen of internal and external stakeholders through training and development opportunities.
- Bachelorās degree required; advanced degree (MBA, Masterās in Business, or degree in Engineering/Technology) preferred.
- Professional insurance certification (e.g., CII, Insurance Institute of Kenya) advantageous but not mandatory.
- Proven success in commercial lines property, casualty, or specialty insurance, ideally within a reinsurer or reinsurance broker of repute.
- Experience in surplus lines underwriting and retrocession treaty design highly preferred.
- Underwriting experience in the parametric insurance sector will be beneficial.
- Strong network and relationships across insurance and reinsurance markets in and beyond Africa.
- Skilled in process mapping, operational efficiency, and cost management.
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