The new Invesco Assurance Company will change the way business in the PSV insurance sector is done for the better. Self regulation is the key to the new way of doing business in this sector which has suffered huge losses in the past.
The company will be guided by professional business ethics and intends to play its part in contributing positively to the economic growth of our country.
To achieve our high and exacting objectives, we are looking for high caliber self-driven professionals to fill positions in our company in Business Development, Underwriting, Claims, Reinsurance, Risk Management and Human Resource function of the company.
Ref I: Business Development Manager
Reporting to the CEO, this position requires a young and
energetic general insurance expert who will spearhead development of new and profitable insurance products and services.The company will be guided by professional business ethics and intends to play its part in contributing positively to the economic growth of our country.
To achieve our high and exacting objectives, we are looking for high caliber self-driven professionals to fill positions in our company in Business Development, Underwriting, Claims, Reinsurance, Risk Management and Human Resource function of the company.
Ref I: Business Development Manager
Reporting to the CEO, this position requires a young and
Some Key Responsibilities
- Providing strong leadership in the development and implementation of the business plan.
- Contributing to the formulation and review of company business plan and budgets.
- Ensuring delivery of highest standards of customer service
- Providing market intelligence.
- Recruiting and developing brokers and agents
- Participating in client portfolio reviews and setting of underwriting terms
- Developing and maintaining productive relationship with intermediaries
Minimum Required Qualifications:
- Bachelors degree from a recognized University.
- ACII Diploma
- Minimum 8 years business development and technical experience gained in a reputable general insurance company.
- Computer Literacy.
Other Attributes
- Excellent communication, Interpersonal and negotiation skills
- Leadership and a good team player
- Good marketing and business development skills
- Knowledge of the insurance industry
Ref II: Underwriting Manager
Reporting to the CEO, this position will lead the underwriting process to meet company objectives.
Some Key Responsibilities
Reporting to the CEO, this position will lead the underwriting process to meet company objectives.
Some Key Responsibilities
- Ensuring Risk management of the insurance business portfolio and providing of technical guidance on business evaluation and acceptance.
- Providing strong leadership in human resources management and spearheading technical training to improve the capacity of staff.
- Assisting in management of accounts receivables and implementations of credit control policy and ensure adherence to the Cash and Carry regulations.
- Ensuring that risk management functions are carried out
- Manage the renewal cycle and ensure that the department renewal retention ratio exceeds the targeted.
- Assist the branch operation in the rating and acceptance of complex risks.
Minimum Required Qualifications
- Bachelors Degree from a recognized university
- ACII Qualification
- A minimum of 8 years business development and technical experience gained in a reputable general insurance company.
- Computer Literacy.
Other Attributes
- Excellent written and oral communication, interpersonal and negotiation skills.
- Demonstrated ability to lead in a team environment.
- Good marketing and business development skills
- Knowledge of the insurance industry.
Ref III: Claims Manager
This position reports to the CEO and will be in-charge of all matters pertaining to new claims.
Key Responsibilities:
This position reports to the CEO and will be in-charge of all matters pertaining to new claims.
Key Responsibilities:
- Supervising the Claims Staff
- Ensuring prompt registration and acknowledgment of newly reported claims.
- Identifying valid claims
- Monitoring overall costs of claims department and ensure that service providers are appointed only where necessary
- Monitoring performance of service providers to ensure timely submission of report .
- Facilitating cordial relationships with service providers, brokers, agents and prospective clients.
- Notifying Underwriting Department of any critical matters that become apparent at the claims stage
- Ensure prompt Sale of Salvages at the best price.
Minimum Required Qualifications
- Bachelors Degree in business from a recognized University.
- An ACII or equivalent
- Proficiency in Computer Applications.
- A minimum of 5 years’ claims experience in a reputable and verybusy insurance company.
Other Attributes
- Good Analytical, oral and written communication & interpersonal skills.
- Team leader/player
Ref: IV: Risk Manager
This position reports to the CEO and will lead the program to reduce risk in the PSV process. The position will coordinate with Government, Owners, operators of PSVs and other stakeholders.
Some Key Responsibilities
This position reports to the CEO and will lead the program to reduce risk in the PSV process. The position will coordinate with Government, Owners, operators of PSVs and other stakeholders.
Some Key Responsibilities
- Planning, designing and implementing an overall risk management.
- Leading risk assessment as well as identifying the qualitative and quantitative risks affecting the business.
- Leading Risk evaluation and risk reporting for different audiences including external risk reporting & Corporate Governance
- Leading Risk treatment by selecting and implementing measures to control and mitigate risks.
- Contributing to process mapping in order to understand business processes and linkages of risk
- Monitoring publicity and conducting research to find out the concerns /expectations of the organization’s stakeholders.
- Developing and implementing public relations strategies that will influence public opinion.
Minimum Required Qualifications:
- Bachelors Degree from a recognized University in either Risk Management, Mathematics, Statistics, Bachelor of Science (Bsc), Engineering, Business Studies or Law
- Diploma in Risk Management. A Diploma in Project Management is an added advantage.
- Computer Literacy
- Minimum 3 years experience in an Insurance related industry.
Other Attributes
- Excellent written and oral communication interpersonal and negotiation skills
- Market Intelligence and Business Development Skills
- Thorough knowledge of the Insurance Industry
- Consumer Understanding
- Written and verbal communication skills.
Ref V: Human Resources and Administration Manager
Some Key Responsibilities
Some Key Responsibilities
- Providing direction on strategic Human Resource planning and management process and ensuring that the Human Resource plans are in tandem with the company strategy.
- Leading Recruitment, selection and orientation of staff.
- Identifying staff training needs, planning and implementing suitable training plans.
- Managing and Maintaining of employee benefit programs.
- Coordinating and monitoring of performance management and appraisal activities.
- Developing and implementing Reward and Remuneration policies
- Managing Staff salary and administration including taxation aspects.
- Developing and implementation of acceptable Human Resource policies and practices.
- Represent the Company in various professional forums and maintain/develop good relationships within the industry.
- House-keeping of the Human Resource department e.g. custody and maintenance of personnel files etc
Minimum Required Qualifications
- Bachelors Degree in Human Resource Management from a recognized University or equivalent.
- Higher Diploma in Human Resource Management.
- Minimum 7 years relevant experience in a reputable organization.
- Proficiency in Computer packages
- Knowledge of Labour Laws.
Other Attributes:
- Excellent planning, organizational, analytical and decision making skills
- A team player with a keen interest in people and the ability to work in a multi-cultural environment
- Excellent communication skills, must be approachable and persuasive.
- Good interpersonal and analytical skills.
Ref VI: Reinsurance Officer
Reporting to the Underwriting Manager, this position will be responsible for all items or Reinsurance co-insurance.
Some Key Responsibilities
Reporting to the Underwriting Manager, this position will be responsible for all items or Reinsurance co-insurance.
Some Key Responsibilities
- Compiling Insurance Statistics on Claims and Premiums
- Extracting and recovering Reinsurance Treaty Claims
- Preparing monthly Claims, Costs and forward Receipts for verification.
- Analyzing the impact of Claims on a monthly basis
- Extracting Reinsurance Treaty Losses paid and outstanding for records and recoveries from reinsures.
- Preparing of Motor Pool Claim Returns for recovery form AKI
- Managing correspondence regarding queries on claims from Reinsurance and taking appropriate action.
- Compiling reported and closed claims or adjustments for Claims Cost Statistics
- Notifying Local and Foreign Insurers on Claims involving Treaties and ensure that such are recovered.
- Regularly follow up on the overall impact on Claims and preparation of statistics.
- Presenting a futuristic Claims analysis to the Management.
Minimum Required Qualifications
- Bachelor of Arts Degree in Economics or Statistics from a recognized University.
- CPA (K) or ACCA
- A minimum of 5 years working experience in a reputable insurance organization.
- Proficiency in Computer Applications.
The successful candidates will be assessed on the relevant skills and competencies for the jobs.
Interested applicants are invited to apply on line via email quoting the reference number of the job sending their detailed CV and copies of certificates on or before 31st March 2010.
Business Partner Consulting
P.O. Box 17352-00100
Nairobi
Interested applicants are invited to apply on line via email quoting the reference number of the job sending their detailed CV and copies of certificates on or before 31st March 2010.
Business Partner Consulting
P.O. Box 17352-00100
Nairobi
