CIC Insurance Group is the leading Co-operative insurer in Africa and one of the top three insurance companies in the country.
CIC Insurance Group consists of three subsidiaries; CIC General Ltd, CIC Life Assurance Ltd and CIC Asset Management Ltd; currently CIC has businesses operating all over Kenya with 19 branches.
In order to execute its ambitious growth and expansion strategy, CIC wishes to recruit high caliber individuals to fill the following position:
Assistant Manager - Underwriting - General Business
Assistant Manager - Underwriting - General Business
Job Purpose
To assess and prudently underwrite business risks as per Company underwriting guidelines to deliver the desired loss ratio and profitability.
To assess and prudently underwrite business risks as per Company underwriting guidelines to deliver the desired loss ratio and profitability.
Duties & Responsibility
- Analyse the proposed risks and make decision to accept or reject
- Determine the rates & terms to charge
- Sign Policy Documents
- Recommend Risk surveying to Underwriting Manager
- Ensure risk survey recommendations are communicated in time and follow up implementation
- Supervise a team of underwriters to ensure prudent underwriting and timely release of underwriting documents
- Mentor, coach and train underwriting staff to increase their underwriting capacity
- Ensure prepared documents are issued to Customers and / or Intermediary as per Service Charter
- Ensure renewal notices are issued as per the Service Charter
- Custodian of Company Security Documents – Motor Certificates, Yellow Cards and Collaterals collected from clients
- Manage and ensure full accountability of motor certificates
- Manage Policy Cancellation
- Ensure compliance to the Company credit Policy by underwriters
- Manage company records and ensure proper filing of client information both manual and electronic
Academic Qualifications
- B.Com Insurance, Actuarial Science, Economics, Finance, Marketing , Business Administration or any other business related degree
Professional Qualifications
- Completed AIIK or ACII
Relevant Work Experience
- At least seven years underwriting or claims exposure in a busy office
Skills / Knowledge
- Excellent administration & Management skills
- Good communication skills
- Good analytical skills
- Highly numerate
- Good negotiation and mediation skills
- Leadership skills
Personal Attributes (3-must, 2-should, 1-preferably)
- Team leader – 3
- High integrity – 3
- Consistent – 3
- Decisive – 3
- Dynamic – 3
- Self-driven – 3
- Reliable – 3
- Responsive – 3
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title.
For example: Ref : Application for Assistant Manager-Underwriting-GB Position to:
The Group Human Resources Manager
CIC Insurance Group Ltd
Strictly through Email to: recruitment@cic.co.ke.
The application should reach us by close of business on 22nd November, 2013.
For example: Ref : Application for Assistant Manager-Underwriting-GB Position to:
The Group Human Resources Manager
CIC Insurance Group Ltd
Strictly through Email to: recruitment@cic.co.ke.
The application should reach us by close of business on 22nd November, 2013.
Please note only short listed candidate will be contacted.
If you do not hear from us by 30th November, 2013 consider your application unsuccessful.