Naomi Mungure

Experience

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  Jubilee Life Insurance Company Ltd.

  Sept 2018 - Mar 2022

  Review and approve cases that fall outside of the underwriting team's limit.Manage daily queries from the underwriting team.Premium allocations for individual clients both new and existing.Revival and Re-date of lapsed policies.Monthly individual life report preparations for both new and existing clients.Commission payments and reconciliations for both new and existing clients.Coding of new Agents, Brokers and other channels of distributions such as Bancassurance.Premium statement reconciliations upon client's query.Work hand in hand with the business development department to come up with new individual product ideas.Review product ideas from different departments. Show less Review Life insurance applications from both Agents and Bancassurance team, analyze risk to minimize anti-selection, and ensure accurate premium computations.Make a decision on whether to accept risk and how to accept it, postpone, counter offer or decline the risk for the substandard cases after analyzing risk.Approve cases that fall within my limit and communicate a decision to the responsible personnel. Policy issuance and signing of policy documents which fall within my limit.Review and assess medical reports for both individual life clients and Group life clients to check their mortality rate as per their current health state, possible future risk that may arise and price accordingly.Ensure proper documentation of applicant’s medical reports to ensure confidentiality and seek for reinsurer's approval.Provide clients with financial questionnaires, assess their financial ability to check whether they can afford to pay the monthly contributions as per risk covered and check if it's a genuine application to prevent money laundering.Review and preparation of policy documents.Policy Life servicing, dealing with daily customers queries concerning their policies. Queries like adjustments, cancellations, revival and re-date of lapsed policies, change of nominee etc.Daily and monthly report preparations and maintenance for new business. Monthly report reconciliations with the finance team to check if the receipted amount matches with the one booked in the system.Monthly product analysis and report preparations.Quarter reconciliations of medical bills and monthly payments of medical bills for applicants with medical cases. Show less

  • Individual Life Team Leader

    Mar 2022 - Mar 2022

  • QMS Internal Auditor ( Underwriting Department)

    Sept 2019 - Mar 2022

  • Underwriting Executive

    Sept 2018 - Mar 2022
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  Alliance Life Assurance

  Apr 2022 - now

  Life Policy Administrator