Monarch Insurance Deputy Manager (Life) and Branch Manager (Meru) Jobs in Kenya

The Monarch Insurance is a fast growing business under the Monarch group of companies.

Our values are to uphold professionalism and integrity; to provide quality customer care in service provision whilst having social responsibility and team spirit in all our operations.

We are looking for ambitious, self-driven candidates to fill the following positions:

1. Deputy Manager - Life

Reporting to the Agency Development Manager, the Deputy Manager-Life is responsible for ensuring that Monarch fulfils its obligations of assuming insurable risks of its Life insurance customers.

The successful candidate will be charged with the following accountabilities:-

Ensure that the turnaround time is met; maintain high renewal retention, new business acquisition and development of new productsDirect involvement in business follow ups for existing clients and making decisions on renewal terms to apply based on past performanceIn charge of the pension administration to ensure schemes are compliant with the RBA regulations Prepare quotations for new business and renewal for all life divisions (Group Life, Credit Life and ordinary life), issue of policy documents, oversee the tendering process and write all the Life Insurance policies that cover the risks insuredOversee claims settlement for all life divisions and establish the claims to be recovered from reinsurersMaintain communication with agents, brokers, and other stakeholders to obtain further market information, quote rates, or explain the company’s underwriting policiesEnhance quality service delivery and boost customer satisfaction by ensuring that the life department is professionally managedBachelors Degree (Statistics, Actuarial Science, Insurance or Commerce) At least 5 years experience in the insurance sectorACII (Associate of Chartered Insurance Institute of London) qualifications or part qualification in CPA, CFA or ACCATechnical competence in Underwriting Life Insurance RisksAbility to analyse and interpret statistical dataBasic knowledge in Accounts, Taxation, insurance legislation Knowledge of IRA, RBA,KRA regulationsGood MS Office skillsPossess strong interpersonal, communication and negotiation skillsSelf driven individual with impeccable integrity2. Branch Manager - Meru

Reporting to the Marketing Manager, the Branch Manager is responsible for the administration and efficient daily operation of a full service branch office, including operations, growth of the Meru branch through product sales, customer service, and security and safety in accordance with the Company's objectives.

The Branch Manager will be charged with the following accountabilities:-

Responsible for marketing Life & General business to ensure the Meru branch growth, development and profitability, by effective implementation of company procedures and guidelines to meet company objectivesAdminister branch activities in accordance with the company policyPrepare and send branch performance report to the main office and give updates of the business status of the branchDetermine and develop the annual budget for the daily expenses of the branchPerform marketing and public relations activities to create business awarenessIdentify new marketing Initiatives through designing marketing and sales strategiesResearch on any new issues or regulations to ensure that the branch is in line with current market developments and best practicesIssue new insurance policies and renewal of the existing policies as need ariseMaintain communication to agents, brokers, and other stakeholders to obtain further market information, quote rates, or explain the company’s underwriting policiesHandle all human resource administrative issues of the branch staff regarding supervision, stationery requisition, and departmental requirement on staffing, appraisals, training, discipline and annual leaveBachelors Degree in commerceAt least 5years experience in the insurance sectorACII (Associate of Chartered Insurance Institute of London) qualificationsTechnical competence in underwriting insurance risks claims handlingAbility to analyse and interpret statistics and statistical dataGood knowledge of the insurance industry and country laws Knowledge of insurance laws and regulations by AKI,IRA RBA,KRABasic MS office skillsPossess strong interpersonal, communication and negotiation skillsSelf driven individual with impeccable integrityInterested candidates should forward their CV in MS Word format, by 30th September 2011 stating the position they are applying for, their email address, day time telephone contact and names and addresses of three referees to: hr@themonarchinsco.com

Only short listed candidates will be contacted

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