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7 Oct 2024

Assistant Underwriter – FAK at Absa Bank Limited

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Job Description

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Job Summary

  • To support the Underwriting Manager by providing operational support in the Underwriting Department processes. To assist evaluate and accept risk as per the set underwriting guidelines and provide support to the underwriters.

Responsibilities

 Accountability: Operational Process Support

  • Attend to customers and intermediaries’ questions.
  • Reconciliation of clients’ accounts department.
  • Follow up on renewals.
  • Processing policy documents for the new businesses
  • Invite and dispatch renewal notices.
  • Issue endorsements. i.e renewal, additions, and deletions.
  • Issue motor certificates, marine certificates, and yellow cards
  • Assist to Process Loss ratio reports and review accounts performance.
  • Assist claims department by providing the required documents and details within the prescribed TATs.
  • Ensure retention of existing accounts
  • Adhere to the debt management guidelines.

Requirements

Education and Experience Required:

  • Bachelor of Commerce (Insurance Option) degree, or a related business degree, from a reputable university.
  • At least one year experience in a busy underwriting department

Education

  • Further Education and Training Certificate (FETC): Business, Commerce and Management Studies (Required)


Method of Application

Submit your CV and Application on Company Website : Click Here

Closing Date : 31 October. 2024





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