Job Information
Underwriting Officer
Company Information
Job Information
Description
Company
Sagicor Jamaica
Website
https://www.sagicor.com/
Contact Name
Contact Email
sagicorjobs@careerjamaica.com
Job Type
Full-time
Department
Sagicor Life Jamaica Ltd.
Category
Insurance
Posted
23-07-2024
Job Status
Start Publishing
23-07-2024
Stop Publishing
29-07-2024
"Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"
Sagicor Life Jamaica Limited is seeking a suitable candidate to join our Insurance Operations Services - Underwriting, Provider & Medical Examination Services team in the capacity of: Underwriting Officer
- Evaluate life, critical illness and health insurance applications, within specified underwriting limits, to ensure that the proposed insured meets the company’s standard of insurability in order to maintain a high standard of risk selection.
- Process new and pending applications including Not Proceeded With (NPW), reinstatements and changes, prioritizing chronologically and placing clients in the appropriate risk categories.
- Complete assigned reading and prepare file for daily discussion with mentor.
- Fully Document history notes and research details.
- Attend weekly sessions with the Chief Medical Officer (CMO) to review medical documents as well as attend and participate in CMO lectures.
- Assist the Underwriting Unit in achieving prescribed service standards.
- Communicate with internal and external clients.
- Assist in achieving Annualized Premium Income targets set.
- Prepare facultative cases for routing to the reinsurers.
- Prepare and submit monthly reports to the Underwriting Manager.
- Perform any other duties assigned from time to time.
What do you need?
- Bachelors degree in Management Studies, Accounting, Nursing or equivalent qualification from a recognized tertiary institution.
- Successful completion of the LOMA Parts 1 & 2 (Course 1 FLMI) designations.
- At least two (2) years’ working experience in the insurance operations division of a life insurance company.
- Knowledge of policy provisions and laws governing life insurance contracts.
- Ability to do mathematical calculations with a basic understanding of financial statements.
- Good listening and problem-solving skills and the ability to make sound decisions.
- Good time-management skills.
- Sound human relations and communication (oral and written) skills.
- Sound knowledge of computer software packages, including word processing and spreadsheet applications.
- Ability to maintain high levels of confidentiality.
If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than June 28, 2024.
While we appreciate all applications, only shortlisted candidates will be contacted.
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