JIUNGE NASI WHATSAPP TU FOLLOW. BONYEZA HAPAJob Opportunity at Old Mutual /UAP Insurance April 2022
Position:Â Business Development OfficerÂ
Job Description
Job Opportunity at Old Mutual /UAP Insurance April 2022 This role is individually accountable for developing and growing the business by driving a good relationship between clients, agents and other alternative channels in a manner that ensures achievement of set business targets
- Follow up on quotations to close business and to get feedback
- Daily servicing of clients to nurture the relationship between the company and our customers
- Prospect New business, submit terms and close to meet set targets
- Follow up on renewals to retain business
- Conduct market intelligence to get information crucial for the development of the respective channels
- Provide support services and training to agents
- Premium collections as per the Cash & Carry law and the company’s credit policy
- Ensures acceptable levels of business retention (i.e. preservation of existing business) are always maintained; and any existing business lost due to unavoidable circumstances is replaced by other suitable accounts (over and above the new business acquisition target for the year)
- Closely monitors customer service satisfaction to ensure renewals are not threatened; negotiates renewal terms well in advance and sends formal renewal confirmations to clients before the renewal dates.
- Maintains, and regularly updates business progress reports.
Skills
Education
Bachelors Degree (B): Marketing (Required)
The deadline for submitting the application is 08 April 2022.
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Job Position : Administration Specialist (OMAO)
Job Description
To monitor the various reinsurance arrangements including treaty and facultative reinsurance protection for all classes of business written by the company in line with the companies operating manuals
Key outputs
The following key outputs are required from this role.
- To perform routine reinsurance administrative duties, such as maintaining records.
- To verify and process payments for reinsurance companies by providing status reports on payments.
- To organize and prepare monthly and quarterly reports on reinsurance
- To record reinsurance information accurately.
- To perform reconciliation of premium billing statements, WHT tax calculations and maintain various reinsurance registers.
- To provide guidance to underwriting, claims and finance teams on reinsurance.
- Train new staff on the Reinsurance product
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Deliverables (work elements)
The following detailed outputs are required from this role.
- To analyze the risks accepted and ensure risks are yielded properly
- To obtain all necessary underwriting information required to place the risk in the reinsurance market.
- To arrange proper reinsurance protection as and when required
- To manage the administration of the reinsurance activities
- To monitor timely submission of closing and accounting documents as well as for settlement of premium recovery of claims from reinsurers
- To maintain accuracy of reinsurance contracts with reference to original terms at which reinsurance is accepted
- To maintain efficient communication lines between the company and brokers
- To prepare reinsurance underwriting and claims statistics on a regular basis and update the same at periodic intervals as per requirements.
- To review reinsurance payments/recoveries relating to reinsurance premium, commissioning and claims
Skills
Education
BA: Actuarial Science (Required)
The deadline for submitting the application is 08 April 2022.
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