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Vacancy title:
Manager - Reinsurance
Jobs at:
Kenindia Assurance Company LimitedDeadline of this Job:
12 October 2022
Within Kenya , Nairobi , East Africa
Summary
Date Posted: Friday, September 30, 2022 , Base Salary: Not Disclosed
Learn more about Kenindia Assurance Company Limited
Kenindia Assurance Company Limited jobs in Kenya
JOB DETAILS:
Main Purpose of the Job - (Job Summary)
• Leading in the formulation of the reinsurance strategies, policies and procedures while ensuring protection of company assets and implementation Reinsurance plans for compliance and managed risks into achieving overall business objectives.
Main Responsibilities
• Developing a reinsurance strategy for planned operations and compliance with IRA
• Designing and renewing of reinsurance programme to facilitate underwriting terms and capacity.
• Preparing of treaty statistics to facilitate negotiation of treaty renewal terms
• Ensuring underwriters are aware of the terms applicable to the respective policies for prudent and accurate underwriting.
• Developing and marketing of inward reinsurance business to increase premium income
• Ensuring compliance with statutory requirements for licensing purposes
• Managing reinsurance department communication with our clients and reinsurers
• Ensuring premium and claims cessions are completed as per the deadlines per treaty terms
• Ensuring reinsurance accounts are prepared and sent as per treaty terms
• Ensuring all risks have the necessary reinsurance support in line with the reinsurance arrangements and needs
Key Deliverables
• Commercial business continuity
• Growth of inward reinsurance business
• Compliance to the reinsurance regulatory
Job Specifications
Academic Qualifications
• Undergraduate degree in any Business related field
Professional Qualifications
• ACII/AIIK
Key Job Skills (specific to the job)
• Strategy formulation and implementation
• People Management.
• Analytical skills
• Strategic influential skills
• Accounting & finance
• International reinsurance literacy
• IT skills (fluency)
Insurance Skills (special Category)
• Underwriting
• Accounts
• Claims
Our Competencies/Behaviours
• Integrity
• Reliability
• Transparency
• Professionalism
• Teamwork
• Quality
Relevant Experience
• At least 4 years of relevant experience in managerial position.
Work Hours: 8
Experience in Months: 48
Level of Education: Bachelor Degree
Job application procedure
• Interested and qualified? Click here to apply
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