Assemble Insurance is seeking an Underwriting Officer to assess insurance proposals, evaluate risks, determine risk acceptability, and ensure compliance with underwriting guidelines, company policies, and applicable regulatory requirements.
Responsibilities
- Assess insurance proposals
- Evaluate risks and determine their acceptability in accordance with the company’s underwriting guidelines, policies, and applicable regulatory requirements
- Apply General Insurance principles, underwriting guidelines, and risk assessment procedures
- Evaluate insurance proposals and determine risk acceptability
- Apply knowledge of premium rating, policy terms, conditions, exclusions, and warranties
- Ensure compliance with insurance regulatory requirements and standards in Tanzania
Requirements
- Bachelor’s Degree in Insurance, Risk Management, Actuarial Science, or a related field
- At least 3 to 4 years of relevant experience in General Insurance underwriting or a related insurance function
- Strong understanding of General Insurance principles
- Knowledge of underwriting guidelines and risk assessment procedures
- Ability to evaluate insurance proposals and determine risk acceptability
- Knowledge of premium rating, policy terms, conditions, exclusions, and warranties
- Understanding of insurance regulatory requirements and compliance standards in Tanzania
- ACII, CII, AII, or an equivalent professional insurance qualification is an added advantage
Document Requirements
