Vacancy title:
Underwriting & Reinsurance Manager
Jobs at:
Madison Life InsuranceDeadline of this Job:
10th July, 2019.
Summary
Date Posted: Tuesday, July 02, 2019 , Base Salary: Not Disclosed
JOB DETAILS:
Madison Life Insurance Kenya Limited is a member of the Madison Group and is a leading provider of Life Insurance services throughout Kenya. .
Job Responsibilities:
• Ensure that new risks accepted and/or renewed with the company are vetted to meet the basic quality standards.
• Periodically review and recommend to management changes in policy pricing, underwriting systems and standard operating procedures.
• Ensure optimal re-insurer cover, timely payment of reinsurance premiums and prompt reinsurance claims recovery.
• Ensure prompt risk surveys and valuations are conducted as per company policies and procedures and make recommendations on risk improvement.
• General supervision of underwriting and reinsurance staff
• Preparation of regular relevant management reports
• Ensure that all documentation in the underwriting department i.e. policy documents, endorsements, renewal notices etc. are correctly issued and dispatched to the intermediaries / insured / policyholders as applicable.
• Facilitate continuous underwriting staff training to create capacity.
• Management of motor certificates by ensuring underwriters maintain proper records.
Job Skills: Not Specified
Job Qualifications:
• Possess at least 5 years of experience in underwriting management
• Demonstrated ability lead, manage, coordinate and supervise an underwriting team.
• Possess excellent risk management experience
• High level of integrity; Able to maintain utmost confidentiality of information in their possession
• Excellent analytical, communication, interpersonal, negotiation, reporting, and client relationship skills
• Flexible, self-driven and ability to work under pressure. Ability to work under strict deadlines
• University degree from an institution recognized by Commission for Higher Education Master’s Degree will be an added advantage.
• Qualified in AIIK Diploma/CII Diploma
Job Education Requirements: Not Specified
Job Experience Requirements: Not Specified
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Job application procedure
Candidates with the required qualifications, experience and competencies who wish to apply for this position are required to forward their applications with their detailed CVs, copies of relevant certificates and details of current remuneration to the Group Human Resources Manager at hr@madison.co.ke not later than 10th July, 2019.
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