Kenindia Assurance Underwriting Manager Job in Nairobi, Kenya

Mar 12, 2016

Kenindia Assurance Company Limited
 

Job Title: Manager

Department: Underwriting
 

Section: General

Job Category: TBA

Reports To: Assistant General Manager - Underwriting
 

Job Serial / Code No: JD/UW/M/02

Location / Branch: Head Office, Nairobi

Main Purpose of the Job: Leading in implementation of general and medical underwriting strategy to achieve profitability and specific departmental goals in line with overall business objectives.

 

Main Responsibilities

• Leading in the implementation and monitoring general, bonds and medical underwriting strategy, policies, processes and procedures to support achievement of overall business objectives.


• Developing, implementing and proposing amendments to the section’s standard operating procedures 


• Ensuring that all policies/risks that have been ACCEPTED are compliant to reinsurance treaty programmes, Regulators guidelines and company underwriting guidelines.


• Approving and confirming cover up to treaty capacity


• Proposing changes to the treaties to reinsurance department in line with market demand.


• Approving underwriting expenditure up to set limits


• Analyzing and approving quotations including rating discounts as per set limits.


• Appointing risk surveyors and vehicle valuers in line with company guidelines


• Reviewing panel of service providers


• Recommending revision of existing insurance policy terms and conditions and new products


• Reviewing and approving of underwriting documents i.e. policy documents, endorsements up to set limits


• Preparing, monitoring and Analyzing underwriting reports and making recommendations


• Identifying, implementing and benchmarking best practices  in management


• Ensuring customer service to both internal and external clients by providing required underwriting documents


• Talent management including coaching, mentoring, developing, training and evaluating staff in the underwriting department to achieve highest level of performance


• Managing and implementing change initiatives to achieve desired business plans and culture


• Leading and managing the underwriting related company communication

Key Deliverables

• Achieve underwriting profitability


• Improve products and product composition


• Customer Satisfaction


• Service Delivery

Direct Reports

• Bonds Manager


• Deputy manager


• Assistant manager


• Senior underwriter


• Underwriter


• Asst. underwriter

Key Interfaces
 

Internal

• Finance & Admin


• Claims


• Marketing


• HR


• ICT


• Reinsurance


• Legal


• Life

External

• Service providers


• Intermediaries


• Financial institutions


• Regulators


• Reinsurers


• Customers


• KRA

Academic Qualifications

• Bachelor’s degree in Business related field or equivalent

Professional Qualifications

• Diploma in AIIK or ACII

Key Job Skills (specific to the job)

• Strategy formulation and implementation


• Analytical Skills


• Strategic influencing skills


• Accounting and reporting skills


• Client relations


• Negotiation skills


• People Management Skills

Insurance Skills (Special Category)

• Technical knowledge & proficiency


• Understanding the new insurance market trends

General Skills

• Communication skills


• Interpersonal skills


• Customer Service


• IT skills (fluency)

KAC Competencies / Behaviours

• Integrity


• Reliability


• Transparency


• Professionalism


• Teamwork


• Quality

Relevant Experience

• At least 5 years of relevant experience

How to Apply

Applicants should quote the title for the job being applied for on the Subject Line

Applications to be send to:  recruitment@kenindia.com

Deadline for applications is: 19.3.2016