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10 Sep 2020

Full-Time Risk Officer

Sagicor Life Jamaica Limited – Posted by careersja Anywhere

Job Description

he selected candidate will prepare costing documentation for the pricing of new business for medium- and large-sized clients along with annual reviews of cases within the Group Life, Health and Personal Accident portfolio.

Key Duties and Responsibilities:

  • Pricing; Input census data for the purpose of producing rates for proposals and to maintain a turnaround log for proposal requests.
  • Process renewals; Prepare required reports for the renewal of life, health and Personal Accident cases on a monthly basis.
  • Prepare portfolio loss ratio summary for inclusion in monthly department report; Provide annual renewal pricing of small-sized, medium and large group health cases including the calculation of monthly “pool increase” to be applied to these rates.
  • Prepare premium rate sheets for inclusion in the renewal rates and advise Group Insurance Administrators of any benefit upgrades
  • Prepare a complete renewal file for scanning to the system with renewal rates and advise Group
  • New Business Underwriting; Assist with the preparation of letters for investigating medical history; Assist in in the enrolment of Groups with membership below 10 lives.
  • Prepare Bi-monthly report for inclusion in monthly department report.


Academic Qualifications/Specialized Skills/Competencies:

  • Bachelor of Science in Mathematics, Actuarial Science or another related field from a recognized tertiary institution.
  • At least four (4) years’ work experience, including a minimum of one (1) year experience in group insurance.
  • Proficiency in the use of personal computing productivity applications, in particular Microsoft Excel.
  • Excellent written and oral communication skills.
  • Good organizational sensitivity and corporate awareness.
  • Ability to function with minimal supervision.

How to Apply

If this role is of interest to you kindly submit an application via this career portal on or before September 30, 2020.

While we appreciate all applications only shortlisted applicants will be contacted.

Job Categories: Insurance. Job Types: Full-Time.

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