BACKGROUND
Zanzibar Insurance Corporation was established on the 20th of June,1969 under the public Enterprises Decree of 1966 legal Notice no.11 of 1969. It is now operating under the public Investment Act No.4 of 2002. The Corporation is a Parastatal organization owned by the Revolutionary Government of Zanzibar through the Ministry of Finance and Planning.
Brief
ZIC is looking for competitive Insurance Staff to help us expand our business by actively seeking and acquiring new clients. The goal is to formulate strong relationships to ensure growth and preserve Zanzibar Insurance Corporation’s prestige.
The Corporation invites qualified Tanzanians to fill posts as mentioned below:
INSURANCE UNDERWRITER 5 POSTS
Mwanza (1) Arusha (1) Zanzibar (2) Pemba (1)
Responsibilities
Review insurance applications for compliance and adherence
Assess clients’ background information and financial status
Liaise with specialists to gather information and opinions
Weight loss exposures and
determine underwriting alternatives
Draw up a quote for competitive insurance premiums
Negotiate and define the specific terms of insurance policies with brokers or policyholders
Keep detailed records of policies underwritten and decisions made
Develop and maintain a profitable book of business for the insurer
Follow applicable insurance laws and guidelines
Requirements and skills
Proven insurance underwriting experience
Hands-on experience with “smart systems”, analytical tools and statistical packages (spreadsheets, etc)
Sensible judgement and attention to detail
Confident decision-making skills
Excellent knowledge of insurance policies and ability to relate policy provisions to the loss exposures
Proven numeracy and statistical skills
Degree in Insurance and Risk Management
REMUNERATION:
Remuneration will be according to the ZIC salary scales and other terms and conditions of ZIC
MODE OF APPLICATION
Application letters accompanied by a detailed CV, Birth certificate, and Certified copies of academic certificates.
All applications must be sent to hr@zic.co.tz
with the subject of the position applied
Deadline 13th of April 2022
IMPORTANT NOTE:
Testimonials/provision results/statements of results are not accepted.
This is renewable contract-based employment
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