Tuesday, February 5, 2013

Kenya Reinsurance Corporation Manager - Local Business Division

Kenya Reinsurance Corporation Limited (Kenya Re), is a leading re-insurer in the region listed at the Nairobi Securities Exchange (NSE). It is ISO 9001: 2008 Certified and rated B+ by A.M Best and AA by the Global Credit Rating Company (GCR). Kenya Re now seeks to recruit and fill the following positions:-

MANAGER – LOCAL BUSINESS DIVISION  
REF NO: KRC/HR/2013/02
The main purpose of the role will be to manage and coordinate prudent underwriting in the local general reinsurance and insurance operations. Reporting to the General Manager Reinsurance, the selected candidate will be responsible, but not limited to the following duties:-
Primary Responsibilities
  • Developing and ensuring timely and efficient implementation of the division’s strategy,
  • Soliciting and receiving business offers from existing and potential clients, assessing such offers and determining whether to accept them or not in line with the Corporation’s underwriting policy;
  • Managing and carrying out the treaty and facultative underwriting of the business;
  • Overseeing the administration of claims resulting from such transactions;
  • Maintaining constant liaison with ceding companies/ retro cessionaries and monitoring treaty performance by ensuring up to date records are maintained;
  • Carrying out market visits regularly in the – market for new business and for the renewal of existing business;
  • Collecting outstanding debt from allocated markets and implementing the divisions debt collection programme;
  • Ensuring that ceding companies comply with the Corporation’s reinsurance requirements on submissions of returns;
  • Checking and confirming treaty technical statements from the ceding companies;
  • Signing confirmation letters and other correspondences for dispatch to cedants on a timely basis;
  • Sourcing of facultative business and making recommendations on offers;
  • Designing appropriate formats for statistics emanating from the division;
  • Overseeing the management and administration of the Comesa Yellow Card; and
  • Scheme – handling of claims and processing of returns.
The Person
  • Applicants should possess a Bachelors Degree in insurance or relevant business related fields and be holders of the full ACII / FCII qualification. They should be members of a recognized insurance professional body.
  • They should have at least six years relevant working experience two of which should be in a senior management position gained in a reputable Organization.
  • In addition they should have strong leadership and management skills, excellent interpersonal and communication skills and be computer literate.
Kenya Re is an equal opportunity employer and does not discriminate on the grounds of gender, colour, race, religion, natural origin, age or physical disability. An appropriate remuneration package will be offered to the successful candidates.

How to Apply
Applicants should post or email as attachments their CV and cover letter quoting the relevant Job Ref No. and outlining how they meet requirements for the position to:-
The Human Resource Manager
Kenya Reinsurance Corporation Limited
P. O Box 30271, 00100 GPO
NAIROBI
E-mail: hr@kenyare.co.ke
Closing Date: 14th February 2013
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