Boniafec Bwoma

CURRICULUM VITAE FOR: BONIFACE BWOMA NYANGANA - / - I-I Insurance Underwriter / marketer leveraging 10 + years of experience Extensive expertise of over 10 years in assessing insurance proposals, collecting background information and risk assessments, evaluating statistical data using specialist computer programs, determining rates, and creating insurance policy terms and conditions. Skilled in evaluating the possibility of losses due to catastrophe or excessive insurance; examining documents to determine the degree of risk from such factors as applicant financial standing and value and condition of the property. Effective communicator, who excels at performing risk assessment, reviewing and evaluating insurance applications, and providing beneficial advice and support to clients. PROFILE SUMMARY Skilled in negotiating and defining the specific terms of insurance policies with brokers or policyholders Adept at reviewing insurance applications for compliance and adherence Responsible for preparing reports that detail risk assessment findings that contribute to the final decision. Excellent in comparing various policies having similar risk undertaking and conducting actuarial studies to decide on the company'sloss records. Proficient in writing quotes, determining premiums and coverage, and negotiating terms with brokers and clients. • • • • • CORE COMPETENCIES • • • Underwriting Guidelines Credit & Income Analysis Cash-Flow Analysis • Risk Assessment • Financial Management General Insurance Application System that am familiar with; •Turn Quest insurance application system •Agilis General Insurance application system •Premia Insurance application system PROFESSIONAL EXPERIENCE Raybailey Insurance Agency Marketing Executive Duties and Responsibilities: January 2021 – Present      Negotiate with various companies and individuals on insurance cover pricing rates and discounts. Coordinate with the customers for on-time premium payment and policy renewal Follow up insurance claims for our clients and make decisions on the necessary actions. Gather all the necessary crucial information for quotation requisition from prospective clients. Explain the terms and conditions to the insured’s.  Develop marketing strategies and promote all types of new insurance contracts and suggest additions/changes to existing ones Generate productive relationships to create a pool of prospective clients from various sources by networking, cold calling & using referrals Do administrative tasks like maintain book keeping systems, database and records   APA Insurance Ltd. Insurance Underwriter Duties and Responsibilities:          January 2015 – December 2020 Assess risk quality for an in-force book of business through a renewal review process to ensure compliance within company guidelines and initiate appropriate loss prevention actions. Review insurance applications and endorsements to evaluate submissions information required to accept or reject new policies based on underwriting guidelines. Research and follow through with requests for missing information from agency partners maintaining a high level of customer service. Communicate daily with agents via telephone ,internal diary, and email to assist in risk placement and rating, obtain information, and answer agent inquiries. Communicate with field reps and other insurance or inspection companies to obtain information, answer inquiries, or explain companyunderwriting policies. Analyzed and reviewed lines of business to develop recommendations and assist in achieving and maintaining a profitable book of business. Responsible for acceptance continuation, proper pricing, placement, and termination of risk or other policy limitations within assigned levels of authority. Consulted/communicated/advised Agents and policyholders on the company and industry policies in their assigned area regarding loss mitigation, loss control and marketing opportunities. Rated submissions and endorsements to support the rate structure proposed by the underwriter and provide the underwriter with allof the underwriting data required to evaluate the risk. APA Insurance Ltd. January 2012 – December 2014 Claims Assistant / IT Support Duties and Responsibilities: • Process new claims and manage customer enquiries in a timely and effective manner. • Liaise with internal and external parties to ensure accurate and complete claim information is received. • Ensure all claims data is accurately entered into the system. • Provide support to other areas of the Claims Department when required. • Provide administrative support to the team. • Ensure compliance with relevant legislation and regulations. • Manage the documentation of claims in accordance with established procedures. • Monitor and manage the claims process to ensure claims are processed in a timely and efficient manner. • Maintain accurate and up-to-date records of all claims. • Assist with the preparation of reports and other documents as required. • Provide advice and guidance to other members of the team.  Coordinating with other departments to ensure that all technology is working properly for the company  Collecting, analyzing, and storing data for use in reports  Supporting the maintenance of existing computer systems, including troubleshooting problems.  Assisting with computer network security by scanning for vulnerabilities and viruses  Analyzing data to recommend improvements to existing systems or processes  Providing support to IT staff by answering phones, processing paperwork, and responding to user requests  Installing operating systems and other computer software applications on new computers KEY ACHIEVEMENTS Beyond the call of duty Award Certificate of outstanding service award Celebrating 10 years Award Certificate for long service award of 10 years PROFESSIONAL EXCELLENCE 2019 College of Insurance In progress Diploma in Insurance- Business Development Program Premier Training Services Ltd Customer Service Excellence workshop Certificate of participation Certificate of participation EDUCATIONAL QUALIFICATION 2007 - 2010 Jomo Kenyatta University of Agriculture and Technology (JKUAT) Bachelor of Science in Actuarial Science with Information and Technology Second Class Honours (Lower division) 2003 – 2006 Cardinal Otunga High School B – (Minus) 1999 – 2002 St. Andrews Kaggwa Boarding and Primary School B + (Plus) 1996 – 1998 St. Georges Primary and boarding School Pre- primary School education REFEREES Andrew Kebabe Director Edanty Insurance Agency P.O. BOX 59 - 00200 Nairobi-- Ruphus Irurungu Director Best Options insurance agency P.O. BOX- Nairobi-- Erick Mwangi Marketing and Admin Manager Karmond Company Ltd P.O. BOX 23379 - 00625 NAIROBI (KENYA)--