Chief Underwriting Officer - Central Africa

 

Chief Underwriting Officer

 

Location: Central Africa

 

Experience: 10+ Years

 

Job description:

Reporting to the CEO, core duties will include the following:

Analyse, evaluate and make underwriting decisions in line with underwriting guidelines and recommendations, coordinating with analysts and other underwriting staff;

In conjunction with the CEO, define underwriting strategy and recommend business plans that will generate continued profitable business growth in current and future markets;

Review and analyse new insurance applications for risk exposure and compliance with underwriting guidelines;

Meet and negotiate with clients and brokers to build relationships and to develop new and renewal business;

Responsible for the negotiation of reinsurance treaties and facultative reinsurance placements;

Review contract wordings and act as signatory of insurance contracts;

Review, evaluate and report on loss activity;

Manage, train and appraise junior members of staff to enhance the underwriting skills within the underwriting team;

Responsible for underwriting document filings, accuracy of data entries to systems and contract integrity for accounts underwritten;

Contribute to strategic planning and to overall management of the company;

Assist the CEO in establishing operational structures;

Establish appropriate internal underwriting procedures and criteria to control risk;

Oversee the development of the company’s underwriting systems.

 

Qualifications, skills and experience

A minimum of 10 years’ underwriting experience, with in-depth knowledge of the African insurance markets;

Demonstrable track record of profitable transactions and generating business growth;

Demonstrable experience in writing and executing underwriting business plans;

Experience in structuring and purchasing reinsurance protections will be highly desirable;

Strong analytic skills and numerical aptitude will be essential;

Broad operational skills and experience in an underwriting environment, including budgetary management, financial management, claims, resource allocation;

Excellent verbal and written communication skills in both English and French, together with the ability to work well in a small team environment;

Strong reinsurance relationships, allied to the credibility to promote and represent Our Client Congo at senior management levels, will be required.

Apply

Interested candidate send resume dharmendra@karmaasolutions.com