Assistant Underwriting Manager - Speciality Business And Product Development

Job SummaryContract Type:Sign up to view job details.QUALIFICATIONS, SKILLS AND COMPETENCIESQualifications: 1st DegreeAt least 5 papers ACII or equivalentExperience: 5 yearsSkills and Competencies:Good product knowledge and technical skillsExcellent communication and negotiation skillsExcellent interpersonal relations skillsExtensive networking with corporate organizations and general intermediariesGood analytical skillsResponsibilitiesThe incumbent will be responsible for all the specialty line of business activities, ensure achievement of set business targets, and promote growth .Ensure continuous product review and development of new products ion line with the company risk appetiteEnsure profitable growth of specialty classes including but not limited to Trade Credit, large infrastructure projects, Power generation projects, Events Insurance, Kidnap & ransom, Oil and gas.Design a product review plan to ensure products remain relevant in the marketFormulate and implement product development strategy , champion and take leadership of General insurance product development.Participate in negotiations and discussions on prospective business in growth of business in this areaPrepare quotations as per the company’s standards of service and authority level matrix and follow through to conclusionEnsure timely capturing and issuance of documentation for all business relating to these classes.Prepare various periodic reports on the area of operationDaily servicing of clients to nurture the relationship between the company and our customersInitiate and follow with Insurance Regulatory Authority (IRA) authority and Reinsurance department to ensure placement of all business outside the existing treaty programs.