Chief Accountant, Reinsurance Manager, Branch Manager (Mombasa) and Underwriter (Kampala) Job Vacancies

Clarkson Notcutt (Insurance Broker) is one of the oldest brokerage firms in the industry.

Our business philosophy is to make quality service, reliability, highest standard of integrity and professionalism to be the driving force to uphold our reputation and image locally and internationally.

Vision: To be the standard of quality in insurance and risk management

Mission Statement: To continuously build careers, product innovations and deliver quality value added services to clients, while ensuring financial strength and sustainable growth of the company for the benefit of its stake holders

Our Values: We embrace a team that is of integrity and shared purpose. One that is innovative, caring and focused on its development while having a social responsibility to the community it serves.

We are looking for an ambitious, self‐driven candidate to fill the following vacancy:

1. Chief Accountant

Key Responsibilities:
  • Reviewing the existing control structures within the organization for adequacy and effectiveness, recommending areas for improvement where the existing controls are weak.
  • Responsible for knowing critical functions within the department and capable of mentoring and assisting employees within the department.
  • Utilizing teamwork to develop departmental synergy.
  • Preparation of management accounts
  • Monitoring compliance with International Financial Reporting Standards (IFRS) and company procedures.
  • Reviewing, investigating, and correcting errors and inconsistencies in financial entries, documents, and reports.
  • Carrying out reviews on the plans, policies, and procedures of the organization with a view to enhancing economy, efficiency, effectiveness and equity.
  • Liaising with external auditors for efficient external audits.
  • Reviewing company's quarterly returns to the commissioner of insurance
Job Requirements:
  • Bachelors Degree with an Accounting option
  • CPA(K) /ACCA or its equivalent
  • 5 years relevant experience at a senior position in a similar organization
Competencies/ Personal Attributes:
  • Demonstrate above average understanding of the statutory accounting and tax requirements
  • Good interpersonal and supervisory skills
  • Team leader
  • Team player
  • Computer Literate
2. Reinsurance Manager

Key Responsibilities:
  • Analyse the risks accepted by the reinsurance department and evaluate the captive exposure, adequacy of premium, appropriateness of the terms and conditions of each and every risk accepted.
  • Follow up with broker/ceding company for timely submission of closing and accounting documents as well as for settlement of premium from ceding companies and recovery of claims from reinsurers.
  • Prepare reinsurance slips / reinsurance contracts ensuring its accuracy with reference to original terms at which reinsurance is accepted.
  • Prepare reinsurance underwriting and claims statistics including outstanding claims and reinsurance recoveries there‐from on a regular basis and update the same at periodic intervals as per requirement.
  • View reinsurance payments/recoveries relating reinsurance premium, commissioning and claims. Review reinsurance securities and report on their status.
  • Calculate reinsurance premium, profit commission and other reinsurance deductions and able to prepare relevant documentation
Job Requirements:
  • Bachelors Degree with an Insurance option
  • ACII/FCII Qualification
  • Excellent knowledge of reinsurance and general insurance
  • 5 years relevant experience at a senior position in a similar organization
  • Daily oversight of the department and people management
Competencies/ Personal Attributes:
  • Demonstrate excellent understanding of insurance industry
  • Excellent negotiation, interpersonal and communication skills
  • Applicants should demonstrate a high level of integrity.
  • Team leader
  • Team player
  • Computer literate
3. Branch Manager – Mombasa

Key Responsibilities:
  • To co‐ordinate all activities that relate to the marketing of the insurance products offered by the company.
  • To act as the contact person between the client, and Clarkson Notcutt (Insurance Brokers) Ltd.
  • To have comprehensive knowledge of all the products and to be able to explain them to the prospective clients very well.
  • To analyze whether the risks involved.
  • To manage the financial aspects of the branch, check that all activities are within the budget.
  • To manage all administrative tasks related to the branch office
  • To prepare proposals both for new projects and on going projects that needs an additional section to the project.
  • Administratively ensure the smooth running of the office, by supervising the staff at the branch.
  • Ensure any company properties at the branch are safeguarded.
  • Ensure all premium underwritten is collected
  • Any other duties as assigned
Job Requirements:
  • Bachelors Degree with an Insurance option
  • ACII Qualification
  • Excellent knowledge of general insurance
  • 5 years relevant experience at a senior position in a similar organization
Competencies/ Personal Attributes:
  • Demonstrate excellent understanding of insurance industry
  • Excellent negotiation, interpersonal and communication skills
  • Applicants should demonstrate a high level of integrity.
  • Team leader
  • Team player
  • Computer literate
4. Underwriter – Kampala Branch

Key Responsibilities:

To assist in ensuring smooth running of the Company’s insurance program, while contributing to the overall efficiency of the branch.

To assist in the management, administration, and the control of the company's underwriting operations to ensure profitable and timely service.

Job Requirements:
  • Bachelors Degree with an Insurance option
  • ACII Qualification (Minimum 5 units)
  • Excellent knowledge of reinsurance and general insurance
  • 3 years relevant experience in similar position in a similar organization
Competencies/ Personal Attributes:
  • Demonstrate excellent understanding of insurance industry
  • Excellent negotiation, interpersonal and communication skills
  • Team leader
  • Team player
  • Computer literate
Interested candidates should provide a detailed CV, including present position, current remuneration, names, addresses, and phone contacts of three professional referees, copies of professional/educational certificates to: hr@clarknot.com by 20th January 2012.

Applications received after the closing date shall not be accepted.


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