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Job Description

Job Summary:

Reporting to the Head of Underwriting and President  & C.E., the Senior Underwriter is responsible for undertaking risk assessments of businesses and managing it, preparing and coordinating the execution of policies, and monitoring AGICO’s exposures; The role also involves policy and process development in respect to AGICO’s products and portfolio.

Job Description:

·         Analyze, evaluate and make underwriting decisions in line with underwriting guidelines and recommendations

·         In conjunction with the Head Underwriting, define underwriting strategy and recommend business plans that will generate continued profitable business growth in current and future markets

·         Review and analyze insurance applications for risk exposure and compliance with underwriting guidelines

·         Assess financial, political, managerial and technical risks on a range of businesses

·         Establish appropriate internal underwriting procedures and criteria to control exposure to risk

·         Prepare policy documents that includes a risk assessment, recommendation(s), pricing, and any special conditions or mitigating options, for review by the Head of Underwriting

·         Ensure that policies and procedures comply with applicable guidelines and standards

·         Help establish and retain healthy mix of business

·         Review and recommend changes to AGICO’s internal risk management policies and procedures

·         Make recommendations on the establishment of risk management strategies and related targets

·         Support the development of a high performing underwriting team

·         Deputize for the Head of Underwriting, as required

Job Details

Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
Gender:
No Preference
Minimum Education:
Certification
Degree Title:
Bachelors in Risk Management/Insurance Management and Certification ACII and/or CPCU
Career Level:
Experienced Professional
Minimum Experience:
10 Years
Apply Before:
Aug 22, 2020
Posting Date:
Jul 21, 2020
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Askari General Insurance Co. Ltd.

Insurance / Takaful · 301-600 employees - Rawalpindi

Askari General Insurance Company Limited (AGICO) was incorporated in 1995 as a public limited company and is quoted on all the three stock exchanges of Pakistan. It commenced its business in the same year and since then has by the grace of Allah maintained a steady growth. AGICO is sponsored by t ...Read More

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