Business Acquisition Specialist
Job Description
CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi
Business Acquisition Specialist
About the Role
Reporting to the Underwriting Manager, the role will support the acquisition and onboarding of Group Life business by preparing accurate quotations in line with approved pricing requirements, completing KYC/AML checks, setting up scheme records and ensuring complete handover to the Underwriting Manager.
Key Responsibilities
- Receive and review quotation requests to confirm that the required member data, benefits and supporting information have been provided.
- Prepare Group Life quotations accurately and within the agreed turnaround times.
- Ensure quotations comply with approved products, rates, pricing tools, underwriting guidelines and authority limits.
- Verify quotation calculations, benefits, commissions, taxes and other applicable charges before release.
- Escalate non-standard benefits, pricing exceptions and complex risks to the relevant underwriter or manager.
- Register and track quotation requests, revisions, outcomes and conversion status.
- Review onboarding documents, including accepted quotations, proposal forms, member schedules, premium evidence and intermediary documents.
- Perform KYC, AML and sanctions screening and escalate incomplete or adverse findings.
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