First Mutual Holdings Limited

Facultative Underwriter

Insurance Jobs
Salary
TBA

Job Description

FACULTATIVE UNDERWRITER
The following vacancy has arisen within First Mutual Reinsurance (Zimbabwe) and applications are invited from suitably qualified and experienced persons to fill this vacancy.

Duties and Responsibilities

The Job
Reporting to the Head Underwriting, the successful candidate will be responsible for the following:
• Assessing and accepting facultative business offers from cedents
• Preparing renewal drives on targeted accounts and cedents
• Participating in risk management surveys for underwriting recommendations
• Recording underwriting information in SICS
• Ensuring placement of facultative offers above retention on the approved company treaty
• Conducting records management of facultative documents
• Planning methodologies for renewal and acquisition of business to meet the target for the assigned portfolios
• Planning business relations and communication strategies for the assigned portfolios
• Formulating and executing marketing activities in line with the marketing strategy
• Developing and maintaining effective business relationships with internal and external clients
• Assisting credit control department on premium collection
• Executing client training in line with the approved programme

Qualifications and Experience

The Person
The ideal candidate must possess the following:
• Degree in Risk Management or Insurance
• Professional Qualification a must i.e. AlIZ, ACIl, AlISA
• At least 3 years' experience in a similar position with at least 1 year in supervisory role
• Good knowledge of Facultative practices
• Strong attention to detail
• Ability to work under pressure and meet deadlines

How to Apply

Candidates meeting the above criteria should forward their Curriculum Vitaes (CVs), copies of certificates and application letters to Group Human Resources via the following email address: careers@firstmutual.co.zw
Applications should be sent by and not later than 17 March 2025.
N.B Clearly label the position you are applying for in the subject line.
First Mutual Holdings Limited is an equal opportunity employer which does not discriminate on the basis of race, colour, religion, sex, gender, national origin, age and disability status. The Group encourages applications from competent people of different demographic groupings. We foster a work environment that is inclusive and diverse where every idea and perspective is valued.