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Team Member, Retail Underwriting at Coronation Insurance Plc.

Posted on Wed 03rd Sep, 2025 - hotnigerianjobs.com --- (0 comments)


Coronation is a leading financial service partner that helps build enduring legacies for sustainable wealth creation in Africa. Having established a 30-year record of achievements in banking across Africa and beyond, our founders established a Pan-African platform focused on building a better financial future for Africa. Today, our businesses are entrusted with our over $1billion of clients’ assets and are recognized as Nigeria's fastest-growing investment managers. Our purpose at Coronation is to create a prosperous future for our clients and the African continent. Coronation is proud to be an Equal Opportunity Employer. We enable an inclusive workplace by identity, disability, and other statuses protected by law.

Coronation Insurance Plc– an affiliated company to Coronation Group Ltd - is a leading insurance provider of a diverse range of products and services covering general and special risk businesses to individuals and corporate entities.

We are recruiting to fill the position below:

Job Title: Team Member, Retail Underwriting

Location: Lagos
Employment Type: Full-time
Department: Retail Underwriting
Reports To: Head, Retail Underwriting

Key Duties and Responsibilities

  • Manage the processing of new application, renewal, cancellation and/or an alteration to an existing risk for the class of business being underwritten for retail customers.
  • Implement underwriting standards to ensure alignment with the organization’s guidelines.
  • Revise policy coverage and terms to accommodate customers' needs.
  • Ensure revised policy coverage and terms adhere to organisation's guidelines.
  • Maintain good relationships with customers throughout underwriting process to achieve an optimal outcome for both customers and organisation.
  • Identify possible improvements for policy implementations and make appropriate suggestions.
  • Utilize specialist knowledge of insurance products and services to meet complex client needs.
  • Evaluate local and international industry trends and developments on product development and pricing strategies.
  • Monitor the impact of legislation and regulations on the processing of new and existing risks being underwritten and the issue of associated documentation.
  • Maintain compliance frameworks, policies, and procedures to reflect changing regulatory requirements and organizational compliance strategies.

Key Requirements
Education and Work Experience:

  • Degree in Finance, Insurance or related discipline.
  • Minimum of three (2) to (6) years’ experience in the Insurance Industry and in the Underwriting function.
  • Professional qualification and membership such as Chartered Insurance Institute of Nigeria is a key requirement.

Skills and Competencies:

  • Understands the scope of cover, including policy extensions, limitations, and exclusions for the class of business being underwritten.
  • Sound Knowledge of the Insurance industry.
  • Ability to apply internal compliance procedures to ensure own work is in compliance with standards.
  • Good team management skills.
  • Strong attention to details.
  • Excellent written and verbal communication skills.
  • Excellent customer service skills.
  • Knowledge of Microsoft Office and Core Insurance Software.

Application Closing Date
10th September, 2025.

How to Apply
Interested and qualified candidates should send their CV to: careers@coronationinsurance.com.ng using the Job Title as the subject of the email.


  

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