Chief Underwriting Officer (CUO)

Ref No: CUO 0001 Job Types: Full-time Job Description The CUO will serve as a member of executive management with direct responsibility for all underwriting operations of the company (Underwriting – Life and Non-Life, Claims, Reinsurance, Actuarial).
Improve the underwriting performance of the organisation to achieve a loss ratio of 45% across all businesses.
Design, execute, and monitor the underwriting goals of the organisation as defined in its strategic document.
Lead a strong and youthful team of underwriters.
Duties and Responsibilities
Establish and promote underwriting best practices, with focus on underwriting profitability
Responsible for the Life & Non-Life underwriting units of the company
Responsible for the retail processing and actuarial units of the company
Responsible for planning and directing all underwriting procedures.
Directs the various underwriting function of the organization including Individual Life, Group Life, Non-Life and Health
Develops long-term underwriting strategies and directions for the company, and sets specific goals and policies for underwriting operations.
Determines product mix and target markets for the company. Drives marketing and distribution strategies for the company
Products development, pricing and profitability analysis
Responsible for the actuarial valuation of both the Life and Non-Life books of the business
Coaching, Mentoring and Facilitation of Training Programmes
Other roles as may be assigned by the organisation
Qualification and Experience
ACIIN
Candidate must possess a Bachelors’ degree in from a reputable institution
Not less than 12 years post qualification experience in Underwriting
Track record of consistently building dynamic teams, identifying high-yielding products in highly competitive, start-up /established companies during the career span.
Hands on experience in managing business operations.
Demonstrable experience in creating business development procedures, service standards, operational policies and guidelines.
Age: 45yrs
Competency Requirements:
Deep knowledge of insurance underwriting (Life & Non-Life).
Good actuarial knowledge.
Knowledge of Financial accounting of both Life and Non-Life business.
Knowledge of Insurance operations and financial accounting
Leadership qualities
Patient and Calm
Team Builder and Player
Ability to develop other leaders and managers

Applicants should send their cover letter and CVs to: humanresources@ensure.com.ng Or Click here to apply online

Apply via :

humanresources@ensure.com.ng