CIC-AFRICA Co-operatives Insurance Ltd (CIC-Africa) is a Co-operative insurer in Malawi, The Company is owned by MUSCCO Ltd of Malawi and CIC Insurance Group Ltd from Kenya. CIC-AFRICA consists of 2 newly licenced subsidiaries; Co-operatives General Insurance Ltd and Co-operatives Life Assurance Ltd, In order to execute its ambitious entry and growth strategy, CIC-Africa wishes to recruit high caliber individuals to fill the following position
Underwriters – Life and General Insurance - CIC-AFRICA Co-operatives Insurance Ltd
To carry out accurate, timely, effective and efficient underwriting operations in line with risk assessment, business objectives and industry regulations
To attend to enquiries from Customers either direct or through intermediaries, To receive proposal forms and ensure they are correctly completed, To carry out accurate underwriting assessment and decide on acceptability in line with set standards and guidelines, To determine the correct premium rates, conditions, exceptions and exclusions based on the Customer requirements, To process business quotations, To debit and post the business, To issue policy documents, renewal notices and endorsements, To process renewal invitation on timely manner, Carryout reinsurance underwriting and prepare relevant cessions
Minimum Bachelors Degree in either Business, Economics or Social Sciences, Associate of Chartered Insurance Institute (ACII) or its equivalent, At least 5 yrs work experience in a busy Underwriting dept, Computer literacy in relevant insurance packages and systems, Those with working knowledge of AIMS general system and Turquest Life Management system will have an added advantage, Excellent communication skills both verbal and written
All interested candidates should send their hand-written applications including a detailed CV, copies of certificates, daytime contacts, names and addresses of 3 traceable refs and clearly stating the position you are applying for, Those applying for Underwriters and Claims positions must specify whether General or Life Insurance
Apply to The Principal Officer, CIC-AFRICA Co-operatives Insurance Ltd, P O Box 882, Lilongwe The closing date for receiving applications is Friday 9thOctober Only shortlisted candidates will be contacted
