Our client is a global multinational Food & Beverage company, worldwide leader in most of its category portfolio. With global or local specific brands and products, the core focus is to meet the diverse needs and preferences of consumers all over the world.
Operating in Africa for more than 80 years, the Company has 5 markets within, the Equatorial African Region being amongst them. The regional operations are co-ordinated from Nairobi, Kenya to offer shared service across countries in Central, East, part of Southern Africa including the Island markets and Horn of Africa.
With this regional expertise, the Company aims at enhancing the business potential of this region, which is seen as an important source of future growth, and bring it up to the level of performance that the Company experiences in other regions of Africa and the world.
By reinforcing business and product categories focus, making operations more efficient, developing cross fertilization or enhancing peoples’ knowledge transfer and empowerment, this shared service expertise is expected to accelerate growth and meet the company’s high ambition for the Region.
Our client continues to be viewed as one of the leading global companies in Corporate Social Responsibility, particularly in the developing world. Being a committed leader in environmental performance, they ensure that natural resources are preserved and that waste management enjoys much attention in all operations worldwide. The company is an equal-opportunity employer with robust talent management policies, and systems. They value and reward individual and team contributions to business results.
Job Summary
Reporting to the Regional Treasury Manager, the Insurance Executive will co-ordinate all insurance activities in the region including risk financing, loss prevention and employee benefits.
He/She will be the contact person in regards to all insurance related matters for Head office and countries supporting other departments.
Responsibilities
1. Insurance / Risk financing:
- Ensure that all insurance coverage required by local law or regulation is in place.
- Implement the Global Standard on Insurance and Risk Financing.
- Ensure full integration of local insurances into the global insurance programmes.
- Declare Fire Insurance values to Group Risk Services.
- Input Insurance policies information, premiums and claims into Risk Console.
- Premium invoices to be paid within 30 days of receipt.
- Ensure that all the necessary documentation is submitted to insurers on a timely basis and that claims are settled as per claims handling procedures. And follow up on any possible claim recovery from 3rd party.
- Notify Group Risk Services of major claims.
- Select insurers or service providers for insurance/services.
- Inform Group Risk Services of any major change in Risk Profile e.g. acquisitions, divestments, capital investments, new construction projects etc.
- Advice and assist on insurance/risk financing to other departments or services of the local entity.
- Analyze claims and identify trends in order to propose loss prevention/ mitigation measures.
2. Loss Prevention:
- Support the Global Property Loss Prevention Programme and follow up on implementation of recommendations.
- Support and encourage the implementation of Business Continuity Planning with the assistance of Group Risk Services.
- Support the implementation of the Global initiative on safe driving.
- Support and coordinate loss prevention projects initiated at global level.
3. Employee Benefits:
- Support Group Risk Services in its project to better understand the global spend on life, disability and medical insurance/cost.
- Encourage the use of Group schemes and/or partners where possible.
4. Support / Assistance to the other departments:
- Ensure one focal point in the region for all insurance related matters and in the countries.
- Review contractual arrangements with 3rd parties in order to identify any insurance requirement and ensure that;
1. They are in line with group programme/ practice
2. Exposure is mitigated as much as possible
- Identify and eliminate any duplicated insurance cost.
- Identify any insurance cost that falls outside of group programmes and local legal requirements and report to Group Risk Services.
Requirements
- Degree in Business related course
- 5 years of experience in insurance
- Ability to work as a part of a multifunctional team.
- Superior communication and interpersonal skills.
- Good knowledge and understanding of organizational dynamics, behaviours and psychology.
- Good business acumen.
- Good working knowledge of French will be considered as an added advantage.
How to apply:
Send your application including a cover letter indicating your desire to work with our client; a detailed CV highlighting relevant experience, details of current and expected salary, a daytime phone contact, email address, and the names of three professional referees by close of business Friday 17th September 2010.
Adept Systems
Management Consultants
P O Box 6416, Nairobi, GPO 00100
Email: recruit@adeptsystems.co.ke
Web: www.adeptsys.biz
Management Consultants
P O Box 6416, Nairobi, GPO 00100
Email: recruit@adeptsystems.co.ke
Web: www.adeptsys.biz
Only short listed candidates will be contacted.
Please note that we do not charge fees for receiving or processing job applications.You can also visit www.kenyanvacancies.com for more jobs
