Phillips Outsourcing
Job Summary
The Team Lead – Underwriting is responsible for risk evaluation, pricing, and policy structuring while ensuring compliance and portfolio profitability. The role also involves supervising underwriting operations and managing team performance.
Key Responsibilities
- Assess risks and determine exposure, premiums, and policy terms.
- Prepare quotations and negotiate terms with brokers.
- Review survey reports and incorporate necessary policy conditions.
- Analyze loss ratios and recommend renewal terms.
- Review and approve policy documents, endorsements, and transactions.
- Ensure timely issuance and delivery of documents to clients.
- Monitor uploads to data systems and NIID.
- Advise on risk improvement measures.
- Monitor portfolio performance for growth and profitability.
- Escalate complex risks and ensure compliance with reinsurance limits.
- Prepare periodic regulatory and internal reports.
- Track renewals and ensure timely processing.
- Liaise with clients, brokers, and internal teams for underwriting information.
- Supervise team members, conduct performance reviews, and provide training.
Requirements
• Minimum of a Bachelor’s Degree or Higher Diploma in Insurance, Risk Management or related field from a reputable Educational Institution
• Minimum of five (5) years relevant experience in Insurance industry.
• A professional qualification of Insurance or progress to Associate level (CIIN or CII) may be added advantage.
• A good knowledge of General insurance policies and their applicable terms and conditions.
• A good knowledge of Insurance regulatory policies, laws and practices as well as market demands in line with economy is essential.
• Orientation for details and thoroughness.
• Strong communications and negotiation skills.
• Proficiency in use of Microsoft Office Tools (Excel, Word, PowerPoint and Outlook)
To apply for this job please visit polats.net.