Assistant Underwriter-General Insurance Job at Old Mutual Limited (OML) – Career Opportunity in Rwanda

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Vacancy title:
Assistant Underwriter-General Insurance

[ Type: FULL TIME , Industry: Financial Services , Category: Management ]

Jobs at:

Old Mutual Limited (OML)

Deadline of this Job:
16 June 2021  

Duty Station:
Within Rwanda , Kigali , East Africa

Date Posted: Thursday, June 10, 2021 , Base Salary: Not Disclosed


Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 17 countries. Our primary operations are in South Africa and the Rest of Africa, and we have niche businesses in Latin America and Asia. We have 12 million customers and 31,000 employees as at the end of 2017 and with over 170 years of heritage across sub-Saharan Africa, we are a crucial part of the communities we serve and broader society on the continent. The business is listed on the Johannesburg, London, Zimbabwean, Malawian and Namibian stock exchanges. The UAP Old Mutual Group comprises of three key players as a result of the acquisition of a controlling stake in Faulu in 2014 and UAP in 2015 by Old Mutual. The acquisition resulted in Old Mutual Kenya and UAP Holdings ( as well as Faulu Microfinance Bank ( forming one of the largest financial services groups with a growing footprint in East and Central Africa. The Group currently has operations in Kenya, Uganda, Tanzania, South Sudan and Rwanda. The Group now offers customers a comprehensive and enhanced range of financial services which include Investment, Insurance, Banking, and Savings as well as a wider and more accessible distribution network. The wider group also offers broad career growth prospects for employees. It therefore wishes to fill the below vacant position with qualified, experienced, and talented individual to strengthen its portfolio as a Pan – African Financial Services Group. The positions’ details are further outlined below.

Role Title: Assistant Underwriter-General Insurance-1 Post

Location: Rwanda

Job Summary
Provides support and assistance to underwriting staff. Performs administrative duties regarding new and renewal accounts, risk assessments, and loss runs and loss ratings. Being an Underwriting Assistant may assist underwriters with the computation of rates and premiums.

Key tasks and responsibilities
Offer a high level of customer service while interacting with clients. (walk-in clients, telephone and emails)
Assess and screening of the proposed risk within the set underwriting standards and limits.
Ensure timely and accurate preparation of quotations.
Preparing policy documents, endorsements debit and credit notes
Generations of renewal notices and follow up.
Ensure safekeeping and proper accounting of all company security documents. Eg: Motor certificate, yellow cards,etc
Ensure adherence to the underwriting guidelines and company policies. Eg: UW manuals, Credit policy etc.
Ensure that Underwriting files are well documented, and all communications and transactions are recorded.
Ensure underwriting data accuracy and completeness.
Ensure assigned workload within quality and productivity.
Perform any other duties as assigned.

Academic/Professional Qualifications and experience
University degree in statistics or business-related course
Basic Insurance qualification
Minimum of 2 years’ experience in insurance industry.

Skills and Personal Attributes
Good communication and negotiating skills
Good interpersonal skills
Thorough understanding of policy covers/wordings and their interpretation as pertaining to claims.
Driven to deliver real value and quality service to a demanding and diverse client base.
Confident and self-motivated.
Quality orientation.
Honest, objective, and high integrity.
High standards of performance for self.

Work Hours: 8

Experience in Months: 24

Level of Education:
Bachelor Degree


Job application procedure

How to apply

Please visit our careers page through:  

Interested candidate are requested submit their applications by 5.00 p.m. 16th June 2021.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application.

ONLY short-listed candidates will be contacted