Mutual Benefits Assurance Plc. (MUTUAL), has evolved into a conglomerate consisting of value-adding companies with diverse interests in various sectors of the Nigerian economy through investments, strategic alliances and partnerships. Today, MUTUAL is a leading brand in the Nigerian Insurance industry and well-capitalized with a team of highly trained professionals, a respectable Board and access to the International Insurance Market. MUTUAL is the flagship of insurance in Liberia and also runs a full-fledged insurance operation in Republic of Niger, where we commenced business in January, 2014. At MUTUAL, we pride ourselves in delivering excellent services to all our stakeholders. Job Description We are recruiting to fill the vacant position below: Job Title: Underwriter Location: Head Office, Lagos, Nigeria. Job purpose • Ensure quality underwriting and claims management for all classes of general insurance, prompt and error-free documentation of policies to achieve superior customer service delivery. Duties & Responsibilities • Analyse risk in Insurance proposals, determine policy terms and calculate premiums • Issue policy documents and renewal endorsement to clients / brokers • Undertake Risk Evaluation analysis; pricing and Underwriting • Ensure Full compliance to Underwriting Guidelines/Standard Operating Procedures • Prepare and deliver policy deliverables (i.e. policy documents, endorsements, Certificates, Warranties and Clauses as well as Debit and Credit Notes to Clients/Brokers • Generation of Reports for Regular review and reconciliation ensuring completeness and accuracy • Experience based risk pricing in order to achieve profitable underwriting results • Regular monitoring of the risk exposures viz a viz the Company’s risk appetite and retention for each business portfolio • Issue and forward renewal notices to clients/brokers • Carry out pre-loss physical inspection of the subject matter of insurance proposed for insurance cover and conduct on the spot inspections of motor accidents • Attend to clients enquiries/requests and escalate critical issues to the Unit/ Head of Department • Prepare policy documents for new businesses and pass to line manager for review and approval • Draft letters to clients for review and approval by line manager • Raise and follow up on cheque requisitions for various payments – co insurers, commissions, claims, loss adjusters etc • Provide input into preparation of various reports weekly, monthly and adhoc reports • Allocate policy numbers to new businesses • Assist in computing additional/return premiums due as a result of alterations • Collate bid documents to be reviewed by the Unit head / team lead • Assist in collating, sorting and separating about-to-lapse files from those still in force to determine those needing notice • Market company`s products and services • Provide effective technical back up support to the marketers in order to deliver a pleasant customer experience and professional risk management advisory services • Upload of vehicles into Nigerian Insurance Industry Database (NIID) Qualifications • First degree (Minimum of Second Class Lower degree) in related field • Master’s degree is an added advantage • Candidate must be an Associate of CIIN • Minimum of 5 years’ relevant experience in general insurance underwriting and claims management. • Relevant experience and good knowledge of Marine Insurance, Accident and Bond is an added advantage. Skills/Competencies: • Excellent knowledge of NAICOM guidelines and methodologies for achieving compliance • Demonstrable understanding of the underwriting concepts, principles, practices, and procedures • Proven Insurance Underwriting Skills • Advanced knowledge of Marine Insurance, Accident and Bond. • Confident decision making skills • Excellent knowledge of insurance policies • Proven numeracy and statistical skills • Strong analytical and quantitative skills • Excellent negotiation and interpersonal skills • Proficiency in the use of Microsoft Office applications • Excellent verbal and written communication skills • Exceptional leadership skills

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