CIC Insurance Group is the leading
Co-operative insurer in Africa and one of the top three insurance companies in
the country.
In order to execute its ambitious
growth and expansion strategy, CIC wishes to recruit high caliber individuals
to fill the following position:
Assistant Underwriter - CIC Life
Job Purpose:
Assess and prudently underwrite Life business on commercially sound terms and
to ensure that all underwriting and documentation duties in the department
operate effectively and efficiently
Duties & Responsibilities
·
Perform underwriting function for
submitted proposals within risk guidelines and archiving the information in
manual and electric form
·
Verify product rates are adequate and
within reinsurance terms before risk acceptance
·
Confirm all proposal forms are captured
electronically and premiums posted.
·
Submit reassurance returns on a
quarterly basis
·
Issue and dispatch proposal forms to
the branches and the policy documents to the clients
·
Submit reports to the management on
areas of operation
·
Stationery requisition and
reconciliation done on a monthly basis
·
Ensure service providers are paid on
a monthly basis
·
Ensure service providers are paid on
time
·
Ensure invoices are paid out to the
relevant service providers and answer any querries they may have
·
Ensure returns for substandard, death
is done
·
Sensitive customers on new products,
policies, processes and terms to cross sell
·
Follow up on renewal lapses
·
Ensure timely receipt capture and
posting and allocation, capture of policy loan repayments
·
Develop and ensure a clear
communication process
·
Help with job training of new staff
·
Contribute and support a harmonious
relationship with the various pay points
·
Ensure premium refunds are timely and
accurately done
·
Ensure all policies due for deduction
are correctly done and money remitted
·
Ensure timely delivery of launch
schedules to the various pay points
Academic Qualifications
·
Minimum Bachelor of Business
administration in Accounting and Finance or bachelor of commerce in Accounting,
Finance and Insurance or Bachelor of Science in Actuarial Science
Professional qualifications
·
Progress in insurance professional
papers ACII or AIIK
Relevant work experience
·
At least 1 year as an underwriter in
a busy working environment or related field
Skills, Knowledge and Competencies
·
Excellent communication skills
especially vocal and listening
·
Computer literate in MS Office and
other office applications
·
Excellent interpersonal skills
·
Good analytical skills
·
Knowledge of trends in insurance
underwriting
·
Training skills
·
Innovative
Underwriter, CIC Life
Job Purpose: Assess and prudently underwrite Life business on commercially sound terms and to ensure that all underwriting and documentation duties in the department operate effectively and efficiently
Job Purpose: Assess and prudently underwrite Life business on commercially sound terms and to ensure that all underwriting and documentation duties in the department operate effectively and efficiently
Duties & Responsibilities
·
Assess business risk proposal
·
Process schedules and issue policy
document and endorsement
·
Ensure proper and accurate debiting
and crediting
·
Quotation for clients in consultation
with the underwriters where necessary
·
Process commission of agents and
brokers
·
Ensure timely renewal notification
·
Ensure timely renewal confirmations-
endorsements and debits
·
Processing of premium refunds
·
Attend to customers and
intermediaries inquiries
·
Reconciliation of policy holders’
premium accounts and ensure outstanding premium is paid
·
Medical underwriting for all cases
above free cover limit
·
Preparation of business monthly
reports
·
Supervising, assigning tasks and
coordinating activities in the section in the absence of the assistant manager
Academic qualifications
·
Bachelor’s degree in any discipline
preferably in finance, accounting, actuarial science, insurance
Professional qualifications
·
Good progress in ACII or AIIK
Relevant work experience
·
3 years as an underwriter in a busy
working environment or related field
Skills, Knowledge and Competencies
·
Excellent communication skills
·
Problem solving skills
·
Customer care skills
·
Consistent and decisive
·
Good analytical skills
·
Computer literate
·
Leadership skills
Branch Manager
Location: Homabay, Bungoma, Kitale
Job Purpose:
To ensure the branch runs effectively; coordinate marketing and sales functions
for CIC products, generate revenue, increase market share through efficient and
friendly customer service and to safeguard company property in accordance with
the Company’s policies and objectives.
Duties & Responsibilities
·
Market and sell all CIC Insurance
products to ensure branch growth and penetration
·
Administer branch activities in
accordance with the company policy and values
·
Prepare and send branch performance
report to the HQ and give updates of the business status of the branch
·
Determine and develop the annual
branch Revenue/Expense budgets
·
Perform marketing and public
relations activities to create business awareness
·
Design and identify new marketing
initiatives and operational plans
·
Recruit and train intermediaries
·
Ensure delivery of all renewal
notices and close follow-up for business retention
·
Advice and assist clients to
update/carry out policy reviews
·
Manage and control the branch expense
budget
·
Monitor and carry out routine branch
audit on the use and accountability of the motor certificates and receipts
·
Handle branch administrative issues
including leave plan for the staff
·
Attend Sacco/Co-operative societies
AGMs or SGMs, Education meetings and any invited leaders meetings
·
Liaise with the co-operative officers
·
Ensure credit control compliance of
50:25:25 monthly
·
Ensure business portfolio mix
·
Manage loss ratios of the branch
within set limits all the time
·
Ensure effective and efficient
processes are followed in the Branch all the time
·
Represent the Company in all relevant
forums
·
Handle customer needs that are beyond
the Branch staff capability
·
Ensure all underwriting processes are
adhered to at all times
·
Identify staff training needs
·
Maintain good relationships with all
service providers.
·
Signing of branch documents.
Academic Qualifications
·
Degree –Business Related.
·
KSCE C+ and above.
Professional Qualifications
·
Diploma in Insurance – Mandatory
·
(AIIK/ACII)
Relevant Work Experience
·
At least 4 years in the financial
services industry with at least three in supervisory position
Skills, Knowledge and Competencies
·
Excellent communication and
presentation skills
·
Excellent customer care skills
·
Good negotiation skills
·
Good Computer skills
·
Good driver
·
Understanding of the working
environment /competitors
·
Technical competence in underwriting
insurance risks and claims procedures
·
Basic knowledge of regulations by AKI
and IRA
·
High emotional intelligence
Personal Attributes (3-must, 2-should, 1-preferably)
·
High integrity – 3
·
Good team leader – 3
·
Results oriented – 3
·
Dynamic -3
·
Fair and objective – 3
·
Problem solving – 3
·
Highly organised – 3
·
Self-driven – 3
·
Diplomatic at all times – 3
·
Highly organised – 3
·
Pleasant and friendly to customers -3
·
Good judgement and quick decision
maker – 3
If you have the required professional
and academic qualifications and you are ready to execute the mandate, kindly
send your resume to the address below indicating on the subject of your email
the job title.
For example: Ref: Application Branch Manager – Bungoma, Kitale or Homabay
To
The Group Human Resources Manager
CIC Insurance Group Ltd
Strictly through Email to: recruitment@cic.co.ke.
The application should reach us by close of business on 17th July, 2015.
For example: Ref: Application Branch Manager – Bungoma, Kitale or Homabay
To
The Group Human Resources Manager
CIC Insurance Group Ltd
Strictly through Email to: recruitment@cic.co.ke.
The application should reach us by close of business on 17th July, 2015.
Please note only short listed
candidate will be contacted.
If you do not hear from us by 21st
July, 2015 consider your application unsuccessful.
