DEADLINE: 02/10/2024

Underwriting Graduate Trainee Medical

Full-time

The Underwriting Graduate Trainee Medical is responsible for assessing and evaluating insurance applications, analysing risks, and determining appropriate coverage and premiums. This role involves making informed decisions based on risk assessment and underwriting guidelines to ensure profitability and maintain a balanced portfolio for the insurance company

• Issuing and sending of medical quotations by applying actuarial knowledge and skills to provide a dynamic, customer centric pricing model.

• Preparing quarterly usage reports and scheme analysis for ongoing clients

• Participate in sharing renewal notices whenever delegated, which may include renewal negotiations and pricing.
• Participate in product development.
• Ensure compliance with regulatory requirements, underwriting standards, and company policies, and adhere to ethical practices.

Skills
• Company Policies, Ensure Compliance, Negotiation, Price Management, Pricing Models, Profitability, Regulatory Requirements, Underwriting, Underwriting Guidelines

Education
• Bachelors Degree (B): Actuarial Science (Required)

Job Experience: No Requirements

Work Hours: 8

Experience in Months:

Level of Education: Bachelor Degree

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About Old Mutual

Industry: Insurance

Location: Kampala, Uganda

UAP Old Mutual Group is a subsidiary of Old Mutual Limited (OML). The Group employs 27 000 people, operates in 13 countries and is listed on five stock exchanges. We’re an integrated financial services provider in East Africa, leveraging on the strength of our capabilities in local expertise and the global group. We’re glad to partner with individuals and corporates to provide financial solutions including, General Insurance, Life Insurance, Asset Management, Investment and Banking.