FBN Insurance Brokers Limited Recruitment for Insurance Underwriting Analyst May, 2022

 FBN Insurance is a subsidiary of FBN Holdings. They are financial brokers that  expert broking knowledge and capabilities for risk assessment, analysis, structuring and overall servicing. FBN Insurance was incoporated July 1st, 2000.

FBN Insurance is recruiting to fill the following Job Vacancy: 

Location: Abuja (FCT)
Employment Type: Full-time

Job Objective

• Assist HTS in accessing client risk, advising Business Development team in placing insurance policies with reputable insurance companies.

Job Responsibilities

• Assist the HTS in preparing business proposals and collation of bidding process to aid Business Development activities and overall company performance goal
• Providing advice on claim management process
• Draw up a quotes for competitive insurance premium policies
• Preparation of debit and credit notes and issuance of policy certificate.
• Collecting accurate information and documents to proceed with claims payment where applicable
• Facilitate the preparation of NAICOM reports and production schedule for compliance.
• Supports claims administration and management with various Underwriting companies.
• Identifies and optimize direct marketing opportunities
• Support HTS with BUPA account management activities
• Enforce health, safety and other facility regulations
• Performs any other assigned duties as determined by the HTS.

Key Performance Indicators:

• Number of sanctions received on contravention of NAICOM regulations
• No of delays in bid submission
• No of complaints from reinsurance activities.
• No of complaints and delay from Business Development Team.
• No of complaints and delay from customers.
• No of complaints from BUPA customers.
• Timely completion of documents for the renewal process of First Bank and other Subcos assets.
• No of defaults in updating of Underwriters’ security list.

Specifications / Qualifications

• A First Degree in any of the Social / Management Sciences preferably Insurance.

Minimum Experience:

• Minimum of 2 years cumulative experience in Insurance Technical Operations

Professional Membership:

• Registration of CIIN is a MUST within 1 year of hire.

Competence Requirements:
Core Skills:

• Deep knowledge of Insurance
• Claims management
• BUPA management
• Research Skills
• Numerically savvy
• Understanding of relevant Insurance regulatory practices
• P/C personal productivity tools such as Microsoft Word, Excel, PowerPoint, Outlook etc.

Generic Skills:

• An Ideal FBNIB person MUST be/have
• Innovative (Disruptive and Creative in solving Problems)
• Integrity (Inspire trust and confidence in customers and co-workers)
• Respect (For self and others)
• Customer Centric (Empathetic and Focused on Customer)
• Team building skills
• Negotiations skills
• Effective communications skills.

Reporting Relationship:

• Head Technical / Broking Services.

Corresponding Relationships:

• Business Development, Finance and Corporate Services Team.

Application Closing Date
20th May, 2022.

Method of Application
Interested and qualified candidates should forward their CV to: yemisi.oke@fbninsurancebrokers.com using “Insurance Underwriter_Abuja” as the subject of the mail.

Note

• Only candidates with passion for sales should apply
• Resumption is immediate but a 2 weeks training will be held in the Lagos Head office.