Underwriting Authority
Define underwriting limits and approval hierarchies
Junior Level
Max Sum Insured:50M FRW
Max Premium:2M FRW
Requires Approval
Senior Level
Max Sum Insured:200M FRW
Max Premium:8M FRW
Requires Approval
Chief Level
Max Sum Insured:1B FRW
Max Premium:40M FRW
Full Authority
Authority Matrix by Line of Business
| Authority Level | Line of Business | Max Sum Insured | Max Premium | Approval Required | Approver Role | Actions |
|---|---|---|---|---|---|---|
| Junior Underwriter | Fire | 50M FRW | 2.0M FRW | Yes | Senior Underwriter | |
| Senior Underwriter | Fire | 200M FRW | 8.0M FRW | Yes | Chief Underwriter | |
| Chief Underwriter | Fire | 1000M FRW | 40.0M FRW | No | - |
Approval Workflow
1
Junior Underwriter
Submits for approval → Senior Underwriter
2
Senior Underwriter
Reviews & submits for final approval → Chief Underwriter
3
Chief Underwriter
Final approval authority - No further approval needed
