Africa Merchant Assurance Company Limited (AMACO), a general insurance company announces the following two opportunities that have arisen. We are looking for candidates who best meet the criteria below.
1. General Manager, Marketing and Business Development Reports to: Chief Executive Officer
Job Purpose: This is a senior management role that is expected to provide strategic oversight of the marketing and underwriting functions. The person is expected to bring the strategy to market and identify areas for growth of the company’s insurance business, ensure high retention and the development of new products.
 Co-ordinate marketing and underwriting functions to meet company business targets in terms of budgets, value, channel and product mix.Proposes changes in business handling procedures and underwriting approach and rating mechanisms to enhance competitiveness of the Company’s services and products while ensuring the technical soundness of policy documents.Actively grow, monitor and ensure retention of business through customer satisfaction and policy renewalsIn collaboration with other key players, lead in periodical review of existing products, innovation of new products and new distribution channels.Locates or proposes areas of potential business by contacting potential partners; discovering and exploring opportunities.Recruit, motivate, coach and develop the team under his/her supervisionPrepare timely business performance reports to management and the boardConducts appropriate market intelligence to keep Senior Management informed of new developments in the insurance sector.Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.Contribute to formulation of policies and strategyMaintain and develop corporate image and reputation; protect and develop the company’s brands via suitable PR activities.Academic & Professional QualificationsA University graduate in a relevant area of business, insurance or marketing.An MBA is an added advantage.ACII or equivalent qualifications are desirable.Have ten (10) years work experience in the financial sector, five of which must be at senior management level in an insurance field.
 Possess strong interpersonal, communication and negotiation skills.Display a unique blend of creativity and analytical skillsDemonstrate good planning, organizing and ability to lead and work well with teamsBe self driven, result oriented individual with impeccable integrity.Have high computer literacy skillsDemonstrate success and experience managing major accounts customers and contracts and achieving genuine sales development2. General Manager, Finance and StrategyReports to: Chief Executive Officer
Job Purpose: This is a senior management role that is expected to set the Finance strategy, provide decision support and financial leadership in the Company.
Business and financial strategy and planning, monitoring, management and reporting, including management and development of policies, systems and processes.Review, propose and implement sound financial accounting policies to achieve company’s strategic objectivesManagement of the Company’s Tax entire portfolio.Monitor revenue and expenditures, make recommendations on appropriate actions to ensure sound financial controlsCapital management, maximizing profit and return on capital.Manage all the annual statutory audit processes.Maintain the integrity of the Company’s financial information.Manage the budgeting and planning process including forecasting.Recruit, develop and motivate the team under his/her supervisionReview, analyse and report timely on financial results of the company, both internally and externally and within the set timelines.Provide cost and benefit analysis to support all significant decisions in the Company.Management and financial reporting to both internal and external stakeholders including the Insurance Regulatory Authority and the Board.Contribute to strategic planning and development as a member of senior management teamBe in-charge of all statutory compliances in the organisationAcademic & Professional QualificationsA University graduate in a relevant area of business, finance, economicsRelevant qualifications in CPA (K) or ACCA, with an MBA as an added advantage.Have ten (10) years work experience in the financial services sector, five of which should be at senior management level.Knowledge of the insurance regulations is necessary.Possess strong interpersonal, communication and negotiation skills.Display a unique blend of creativity and analytical skillsDemonstrate good planning, organizing and ability to work well with teamsBe self driven, result oriented individual with impeccable integrity.Have high computer literacy skillsAMACO is an equal opportunity employer and does not discriminate on grounds of gender, Religion, disability or natural origin.
A competitive remuneration package will be offered to the successful candidate.
Interested candidates should forward their application letter stating the reference number, CV with daytime telephone contact and names & addresses of three referees to:
Closing date: 15th September, 2012
Only shortlisted candidates will be contacted.

Africa Merchant Assurance Company Limited (AMACO) is an insurance company that offers home and business solutions. As part of its planned expansion in line with her strategy, new opportunities have arisen thereby creating the need to seek:
Position: Ref MKT/6/12
Reports to: Chief Executive Officer
Location: NairobiThis is a senior management role that is expected to provide strategic oversight of the marketing and underwriting functions. The person is expected to bring the strategy to market and identify areas for growth of the company’s insurance business, ensure high retention and the development of new products.Co-ordinate marketing and underwriting functions to meet company business targets in terms of value and product mix.Proposes changes in business handling procedures and underwriting approach and rating mechanisms to enhance competitiveness of the Company’s services and products while ensuring the technical soundness of policy documents.Actively monitor and ensure retention of business through customer satisfaction and policy renewalsIn collaboration with other key players, periodically review existing products to enhance their quality.Continually coach and develop the team under his/her supervision.Prepare timely business performance reports to managementLocates or proposes potential business deals by contacting potential partners; discovering and exploring opportunities.Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.Conducts appropriate market intelligence to keep Senior Management informed of new developments in the insurance sector.Academic & Professional QualificationsA University graduate in a relevant area of business, insurance or marketing.A relevant MBA is an added advantage.ACII qualificationsHave ten (10) years work in the insurance sector, five of which should be at senior management level.Possess strong interpersonal, communication and negotiation skills.Display a unique blend of creativity and analytical skillsDemonstrate good planning, organizing and ability to work well with teamsSelf driven individual with impeccable integrity.Above average presentation skillsThis role forms a crucial part in supporting the company in the collection of premiums and through account trend analysis improving the credit risk of any intermediary to the company. It also ensures that the monthly statements are produced accurately and on a timely basis, and that the credit control function is well managed.
Reports to: Underwriting ManagerThis position acts as a support unit for the underwriting department, as well as ensuring that the company is well protected through adequate reinsurance programs.
AMACO is an equal opportunity employer and does not discriminate on grounds of gender, Religion, disability or natural origin.
A competitive remuneration package will be offered to the successful candidate.
Interested candidates should forward their application letter stating the reference number, CV with daytime telephone contact and names & addresses of three referees to the email at our website below:
Only shortlisted candidates will be contacted.

Africa Merchant Assurance Company Limited (AMACO) is undergoing planned rapid growth in its portfolio in the provision of both motor and non- motor insurance products. We therefore, seek to recruit a Research and Development Manager.
The Research & Development role will provide oversight on product innovation and commercialization in close collaboration with the marketing team.
 Duties and responsibilities include, but are not limited to:-Coordinate quantitative research studies such as brand perception, customer service and product satisfaction, client/customer termination or awareness, trial and usage tracking and advertisingAnalyze research data and write reports that highlight some of the key findings from the quantitative researchResponsible for the design and pricing of insurance products, valuation reports in conjunction with the marketing team.Responsible for reviewing and repackaging of existing insurance products in order to assess the adequacy of premium rates and recommend measures to make them profitableIdentify opportunities in the market for new and existing insurance products for AMACOA University graduate in a relevant area of business, insurance or marketingHave five (5) years experience in the insurance sector, three of which should be at the managerial levelPossess strong interpersonal, communication and negotiation skillsDisplay a unique blend of creativity and analytical skillsShow good planning, organizing and ability to work independently and with teamsAble to conceptualize new ideas, carry out research and evaluate them objectively from a market and financial perspectivePossess a high degree of tolerance for uncertaintyThe person must have skills and understanding of marketing research, sales forecasting and promotional planning, taking a product from concept to commercializationSelf-driven individual with impeccable integrityAMACO is an equal opportunity employer and does not discriminate on grounds of gender, Disability, religion or natural origin.
A competitive remuneration package will be offered to the successful candidate.
Interested candidates should forward their application letter stating the reference number, CV with daytime telephone contact and names & addresses of three referees to:

Africa Merchant Assurance Company Limited (AMACO) is undergoing planned rapid growth in its portfolio in the provision of both motor and non motor insurance products.

This has created a strategic need to fill the position of Internal Audit Manager

Position Ref IA/9/11

To manage the Audit department and provide continual risk assessment and the development of comprehensive policies, procedures, compliance training, protocols, internal investigations and plans. Advise on risk management strategies and processes.

Duties and responsibilities include, but are not limited to:

Planning, Implementing and Evaluating short and long term objectives of Internal Audit Department.Conduct financial, operational and compliance Audits.Review and determine the adequacy of the company’s systems of internal control and the degree of compliance with these controlsReview and evaluate the degree of compliance with the company policies and procedures as well as legislative and other regulatory requirements.Conduct special investigations as requested and make recommendations for improved controls, operating procedures, accounting records and system design.Monitor and evaluate the effectiveness of the organization’s Risk Management processes.Report results and make recommendations to management and Board of Directors.Follow up on the progress of implementation of recommendations and directions as per audit reports.Assist management identify and assess strategic risks.Participate in process and internal control improvement initiatives.Perform administrative and planning functions within the Internal Audit Department.Serving as a consultant to all other departments when questions pertaining to internal control or procedures requirements arise.A University graduate in a relevant area of businessCPA(K); CISA/CIAAn MBA is an added advantageHave eight (8) years work experience, two of which should be at the managerial level in an insurance/financial services sector.Possess strong interpersonal and communication skills.Proven experience at leading teams to achieve corporate goals.A self driven individual with impeccable integrity.AMACO is an equal opportunity employer and does not discriminate on grounds of gender, disability, religion or natural origin.

A competitive remuneration package will be offered to the successful candidate.

Visit http://www.kenyan-jobs.com/ for many more jobs in Kenya

Africa Merchant Assurance Company Limited (AMACO) is undergoing planned rapid growth in its portfolio in the provision of both motor and non motor insurance products.

This has created a strategic need to fill the position of Internal Audit Manager

Position Ref IA/9/11

To manage the Audit department and provide continual risk assessment and the development of comprehensive policies, procedures, compliance training, protocols, internal investigations and plans. Advise on risk management strategies and processes.

Duties and responsibilities include, but are not limited to:

Planning, Implementing and Evaluating short and long term objectives of Internal Audit Department.Conduct financial, operational and compliance Audits.Review and determine the adequacy of the company’s systems of internal control and the degree of compliance with these controlsReview and evaluate the degree of compliance with the company policies and procedures as well as legislative and other regulatory requirements.Conduct special investigations as requested and make recommendations for improved controls, operating procedures, accounting records and system design.Monitor and evaluate the effectiveness of the organization’s Risk Management processes.Report results and make recommendations to management and Board of Directors.Follow up on the progress of implementation of recommendations and directions as per audit reports.Assist management identify and assess strategic risks.Participate in process and internal control improvement initiatives.Perform administrative and planning functions within the Internal Audit Department.Serving as a consultant to all other departments when questions pertaining to internal control or procedures requirements arise.A University graduate in a relevant area of businessCPA(K); CISA/CIAAn MBA is an added advantageHave eight (8) years work experience, two of which should be at the managerial level in an insurance/financial services sector.Possess strong interpersonal and communication skills.Proven experience at leading teams to achieve corporate goals.A self driven individual with impeccable integrity.AMACO is an equal opportunity employer and does not discriminate on grounds of gender, disability, religion or natural origin.

A competitive remuneration package will be offered to the successful candidate.

Visit http://www.kenyan-jobs.com/ for many more jobs in Kenya