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Job Description & How to Apply Below
Are you a fresh graduate looking to build a solid foundation in the reinsurance industry? We’re offering a great opportunity to join our team as an "Assistant – Underwriter", where you’ll work closely with experienced underwriters and contribute to the technical and administrative aspects of our underwriting process.
Key Responsibilities- Register inward offers in the system and ensure timely updates.
- Prepare initial risk and offer review sheets by analyzing proposals against underwriting guidelines and reinsurance protections.
- Draft offer summaries, calculate premiums and adjustments, and make recommendations for acceptance or decline.
- Initiate Know Your Customer (KYC) processes and ensure proper documentation.
- Archive full offer details and correspondence in the system.
- Follow up on pending accounts and pipeline premiums with reminders.
- Assist in compiling statistical and financial data on cedants and brokers.
- Contribute to monthly and quarterly management reports.
- Prepare comparative analysis with observations and recommendations for internal review.
- Process debit/credit notes based on policy acceptance or received closings.
- Resolve discrepancies by raising queries and revising bookings when necessary.
- Prepare documentation for approval and update workflow tracking systems accordingly.
- Support Finance with reconciliation of account bookings and settlements.
- Bachelor’s degree in Insurance, Finance, Accounting, Business Administration, or a related field
- Strong analytical skills and attention to detail
- Proficient in MS Office, particularly Excel
- Organized, proactive, and eager to learn
- Excellent written and verbal communication skills
- On-the-job training and mentorship
- Exposure to international reinsurance practices
- A collaborative, growth-oriented work environment
- Opportunity for long-term career development
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