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Job Vacancy Lagos, Nigeria Position Underwriting Executive, Insurance at TERAWORK.AI

TERAWORK.AI company logo
Published 6 hours ago

TERAWORK.AI is excited to announce openings for the position of Underwriting Executive, Insurance in Lagos. We are currently offering Full-time opportunities.

We seek candidates with excellent skills and at least beginners/seniors experience in the field. Additionally, we value honesty, discipline, and a strong sense of responsibility in our team.

At TERAWORK.AI, we are active in the (according to the company) industry. If you are interested in this opportunity and wish to join us, we encourage you to apply directly.

Don't miss the chance to be part of our dynamic team. Submit your application today and take the first step toward a rewarding career with TERAWORK.AI.

Job Information

Company:TERAWORK.AI
Position:Underwriting Executive, Insurance
City:Lagos, Lagos
Province:Lagos
Education:Confidential
Salary:NGN 250.000 - NGN 300.000 per Month
Job Type:Full-time

Job Description

An Insurance Underwriting Executive evaluates, analyzes, and accepts or rejects insurance risks to maintain a profitable portfolio. Key responsibilities include reviewing applications, calculating premiums, determining policy terms/conditions, and collaborating with agents or brokers to ensure compliance with company guidelines and regulations. Key Responsibilities & Duties

  • Risk Analysis: Evaluate new and renewal insurance applications by analyzing financial status, background information, and risk exposure to determine insurability.
  • Policy Issuance: Calculate, set, and communicate premiums, and define specific terms, conditions, or exclusions for policies.
  • Compliance & Guidelines: Ensure all underwriting decisions comply with company policies, legal regulations, and industry standards.
  • Relationship Management: Liaise with brokers, agents, and clients to obtain information, negotiate terms, and explain coverage decisions.
  • Data Management: Utilize specialized software to review files, manage renewals, and maintain accurate records of underwriting decisions.
  • Portfolio Management: Monitor loss ratios to ensure profitability and suggest improvements to underwriting guidelines.

Job Type: Full-time

Pay: ₦250,00.00 – ₦300,00.00 per month

Benefit

  • Recognition and performance awards
  • Skill development
  • Work-life balance
  • Professional networking opportunities
  • Access to the latest technology
  • Collaborative work environment
  • Professional training
  • Opportunities for promotion
  • Valuable work experience
  • Opportunities to contribute to business growth

Requirements

  • Physically and Mentally Healthy
  • Minimum Age of 18 Years
  • Minimum Education of High School Diploma
  • Able to Work Under Pressure
  • Experience in the Related Field (Preferred)
  • Able to Work in a Team
  • Good Communication Skills
  • No Criminal Record
  • Willing to Be Placed in the Designated Work Location

Company Address

Province Lagos
City Lagos
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Company Information

TERAWORK.AI

TERAWORK.AI is a pioneering company based in Nigeria, specializing in artificial intelligence solutions for various industries. The company aims to streamline business processes and enhance productivity through innovative AI technologies. By connecting businesses with skilled freelancers and offering data-driven insights, TERAWORK.AI empowers organizations to harness the full potential of AI. Committed to transforming the Nigerian tech landscape, TERAWORK.AI is dedicated to fostering talent and driving economic growth.