Heritage Insurance Company is one of the leading general
insurance companies in the region and part of CfC Insurance Holdings.
We are rated AA - by Global Rating Company (GRC) for amongst other reasons, our high claims paying ability.
This is one of the highest international ratings awarded to a Kenyan insurer.We are rated AA - by Global Rating Company (GRC) for amongst other reasons, our high claims paying ability.
The company was also awarded the 2010 Association of Insurance Brokers of Kenya BIMA Award for being best in Claims settlement category.
We invite applications from suitable candidates for the position below:
New Product Development Manager
Reporting to the Executive Director
Duties and Responsibilities
- The
development and introduction of new products or enhancing of existing
products. Participates in evaluating results and developing alternative
approaches when plans are not achieving objectives
- To
conduct market and competitive analysis, balancing competitive pricing
with profitability and recommending courses of action to take advantage of
market opportunities.
- Actively
monitor the environment and quarterly develop insurance products including
e-products to meet the needs of the insuring market.
- Participating
in development and implementation of speciality product plans to meet
annual premium and profit goals
- Preparing
reports on forecasting and performance results of product plans.
Communicating results with Managing Director/Executive Director and other
members of Management Board as requested
- To
continuously evaluate the changing trends in customer expectations and
design and package Heritage products accordingly
- Work
closely with Sales and Distribution Department, supporting implementation
of strategic plans for entry into new markets.
- Work
with stakeholders to determine business needs and priority and to ensure
new products and enhancements are consistent with our business strategy
- Researching,
analysing and ensuring regulatory compliance covering new and existing
products
- Co-ordinating
and communicating changes in product plans. Supporting other marketing
functions, agencies, and sales agents in plan rollouts
- Work
closely with all areas impacted by product plans to ensure achievement of
consumer product objectively
- To
participate in Performance Management and Career Development of staff
within the Department
Selection Criteria
- A
minimum of a Business related degree from a recognized University
- A
Masters degree will be an added advantage
- A
relevant professional qualification including ACII, ,CIM, a local diploma
in insurance etc
- At
least Eight (8) years in a busy and relevant environment
- At
least Five (5)years in a managerial position
- Be
a self-starter, highly motivated and a team player
- Be
creative and innovative
- Have
sound analytical and negotiation skills
- Should
have strong presentation, interpersonal and communication skills
- Must
be a good listener with excellent customer relation skills
- Must
be a good problem solver with strong decision making skills
- Ability
to plan, organize and prioritize (ability to work within strict deadlines)
Interested candidates should address their application and a
detailed resume to:
The Human Resources Manager
Heritage Insurance Co. (K) Ltd
P.O. Box 30390 00100
Nairobi
Please send to hr@heritage.co.ke by Friday, 20 March 2012.
The Human Resources Manager
Heritage Insurance Co. (K) Ltd
P.O. Box 30390 00100
Nairobi
Please send to hr@heritage.co.ke by Friday, 20 March 2012.