Insurance Underwriter


Linkage Assurance Plc, (Linkage) was incorporated on the 26th of March 1991. The company was licensed on the 7th of October 1993 to transact general business and commenced operations in January,1994. Linkage is a public limited company that has been listed on the floors of the Nigeria Stock Exchange since 2003. In 2004, the company won the President's Merit Award for the Insurance Sector, awarded by the Nigeria Stock Exchange. In February 2007, the company formally merged with Central Insurance Company Limited (now dissolved but not wound up) as part of the 2007 Recapitalization and Consolidation Reforms of the National Insurance Commission (NAICOM).

We are recruiting to fill the position below:

Job Position: Insurance Underwriter

JOb Location: Lagos

Job Objective

  • Analyse risk in Insurance proposals, determine policy terms and calculate premiums

Duties and Responsibilities

  • Undertake Risk Evaluation analysis; pricing and Underwriting
  • Ensure Full compliance to Underwriting Guidelines/Standard Operating Procedures
  • Prepare and deliver policy deliverables (i.e. policy documents, endorsements, Certificates, Warranties and Clauses as well as Debit and Credit Notes to Clients/Brokers
  • Timely keying in and approval of business transactions
  • Generation of Reports for Regular review and reconciliation ensuring completeness and accuracy
  • Ensure payment to co-insurers and service providers are processed on timely
  • Experience based risk pricing in order to achieve profitable underwriting results.
  • Prepare and deliver policy deliverables
  • Compute loss ratios of all renewable policies using the Paid and Outstanding Claim schedules
  • Generate renewal letters of all renewable policies that fall within the acceptable loss ratios
  • Review renewal terms and conditions of policies with unfavourable loss ratios
  • Prepare Broker Portfolios Loss Profile
  • determine and advise the Reinsurance appropriate placement of excess capacity risk or risk of adverse features including internal co-insurance where necessary
  • Regular monitoring of the risk exposures viz a viz the Company’s risk appetite and retention for each business portfolio.
  • Generating Online Marine transactions update
  • Assesses branch marine transactions to ensure they meet with company standards.
  • Supporting marketing initiatives by generating tailor made proposals for specific client’s insurance requirements
  • Attends to all RFQ (Request for Quotation)
  • Provide effective technical back up support to the marketers in order to deliver a pleasant customer experience and professional risk management advisory services
  • Upload of vehicles into Nigerian Insurance Industry Database (NIID).

Person Specification

  • B.Sc./HND in relevant discipline, ACII
  • Possession of a Masters degree is an added advantage
  • Minimum of 5 years’ relevant experience
  • Good knowledge of MS Office Suite
  • Proven Insurance Underwriting Skills
  • Confident decision making skills
  • Excellent knowledge of insurance policies
  • Proven numeracy and statistical


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