Our leading Insurance Company in Kenya and the region is seeking for a qualified experienced and a highly motivated individual to fill the position of Under Writing Manager
Continuously develop staff towards greater responsibility as part of succession planning.
Key Tasks
Overall Responsibility:
To manage Insurance operations in line with the company’s underwriting and claims policies and guidelines.
Provide leadership for the Underwriting and Claims team and ensure delivery of service that meets customer expectation.
Adopt product pricing mechanisms that ensure profitability
Reporting to the principle officer, the person will provide strategic direction and leadership of the department in accordance with the company’s policy and the strategic plan.
Key Tasks
- Meet/exceed annual underwriting objectives, policy re-instatement and claims projections
- Continuously review performance benchmarks in respect of risk assessment, claim settlement, policy reinstatement, reinsurance treaties and Group product pricing.
- Put in place control mechanisms that enable a measure of service satisfaction by agents, broker, customers and the regulator.
- Through continuous process improvement guide staff in the department towards service delivery so as to retain existing and attract new clients
- Provide leadership for the product development team by maintaining consummate market intelligence and periodically reviewing existing products and services to enhance their quality.
- Examine on an ongoing basis possible for new business potential in traditional and non- traditional sectors
- Formulating timely plans for developing and launching new relevant insurance products and services
- Proposing basis and scope of new insurance contracts offering and pricing of products in order to maintain market relevance and competitiveness.
- Continuously reviewing and proposing business handling procedures by recommending possible measures to enhance the company’s competitiveness; conducting appropriate business intelligence to keep senior management informed of new development and changes in the Insurance sector.
- Credit control and coordinating prompt collection of premiums from intermediaries’ clients and companies with check off arrangements.
- Coordinate prompt preparation of timely reports and returns to the Kenya Revenue Authority, Association of Kenya Insurers, Treaty Reassures, and Insurance Regulatory Authority in the prescribed format.
- Set challenging service standards, training, performance appraisal and motivation of staff working in the Underwriting and Claims departments and operate within approved operational budget.
- Ensuring that the department performance results meets customers and shareholders expectations
- Planning, managing, directing and coordinating all the strategies activities of the underwriting department.
- Monitoring, evaluating and taking both corrective and preventive measures of the department performance.
- Provide timely technical advice on underwriting policies, procedures and changing products and services demands
- Perform management duties as required
Skills and Abilities
- High level of organization planning skills,
- Ability to work independently in a timely and efficient manner.
- Analytical problem solving skills,
- Team player,
- Disciplined work habits and capacity to achieve targets in time.
- ICT literate,
- Good leadership skills,
- Good communication and interpersonal skills and
- A valid certificate of good conduct.
Qualification
- First degree in BCOM Insurance Option and an ACII Professional Certificate of Insurance is a must.
- An MBA is an added advantage.
- Minimum of five years experience as underwriting manager in an Insurance company with similar responsibilities.
Applicants should email their applications with a detailed curriculum vitae (cv) and a covering letter indicating why they are interested and qualified for this position to
Managing Director,
TIPS Management Services Limited,
P.O Box 78049-00507
Nairobi Kenya.
or e-mail to tipsmanagement@gmail.com
All applications should be received by September 22 2013.