Directline
Assurance Company Limited
Vacancy Advertisement
Vacancy Advertisement
We are looking for a motivated and
qualified professional to fill the position of Underwriting Manager.
Overall
Purpose of the Job: The Underwriting Manager will be
taking full responsibility for underwriting department to ensure compliance
with industry best practice and regulations.
Key Roles and
Responsibilities
·
General supervision of underwriting
and customer service staff
·
Preparation of regular management
reports on production and other relevant reports.
·
Ensure that all documentation in the
underwriting department i.e. policy documents, endorsements, renewal notices
etc. are correctly issued and dispatched to the
intermediaries/insured/policyholders as applicable.
·
To oversee the overall administration
of timely issuance of policy documents, renewal confirmations and endorsements.
·
Facilitate continuous underwriting
staff training to create capacity
·
Develop an underwriting manual and
update it as and when need be.
·
Reviewing sales audit reports from
Senior Vetting officer and taking remedial actions where necessary.
·
Management of motor certificates by
ensuring proper records is maintained.
·
Recommending to management effective
underwriting systems and procedures for proposals and policies, drafting
policies and endorsements and renewals.
·
Work closely with risk manager to
establish procedures for surveys, initiating risk management programmes and
compliance with recommendations on risk improvement.
·
Ensure that new risks accepted and/or
renewed with the company are vetted to meet the basic quality standards.
·
Prepare the table of minimum rates as
required by the commissioner of insurance and ensure it is lodged with the
office Ensure that AKI circulars and communications from the commissioner’s
office relating to underwriting functions are well attended to and responded to
on time.
·
Risk profiling on suspect claims to
establish under writing gaps.
·
Developing among staff loyalty to the
company personal integrity and adequate professional standards and a sense of
satisfaction in the performance of their work.
·
Ensure that vehicles insured by the
company are subjected to the pre insurance valuations and those values /defects
and /or any findings are communicated to policyholders /intermediaries on time
Person
Specifications
Academic
Qualifications
·
University degree from an institution
recognized by Commission for Higher Education
·
Master’s Degree will be an added
advantage
·
Minimum Overall Grade of C+ in KCSE
Professional
Qualifications
·
AIIK Diploma/CII Diploma or any
insurance related qualification will be an added advantage
Experience
·
At least 8 – 10 years of experience
with motor vehicle insurance companies.
·
Experience in dealing with PSV will
be an added advantage.
·
Experience reporting to a Board of
Directors will be an added advantage.
·
Must possess at least 5 years of
experience in underwriting management; candidates who have experience managing
a department are encouraged to apply.
·
Ideal candidate should have a mature
personality and at least 35 years of age and above.
·
Proven ability to manage, coordinate
and supervise the Underwriting departments.
Skills and
Attributes
·
High level of integrity; Able to
maintain utmost confidentiality of information in their possession
·
Excellent communication and
presentation skills
·
Excellent interpersonal and
negotiation skills
·
Excellent Client relationship skills
·
Have great attention to detail
·
Possess excellent risk management
experience
·
Must be competent in Planning and
organizing departmental functions with a keen eye and attention to details
·
Analytical/Research Skills
·
Time management skills
·
Problem Solving
·
Team Building Skills
·
Multicultural Sensitivity
·
Holding People accountable
·
Leadership and developing others
·
Relationship building for influence
We
are looking for a motivated and qualified professional to fill the position
of Re-insurance Manager.
Overall Purpose of the Job: The Job purpose will be organization and realization of
reinsurance projects.
Key Roles and Responsibilities
·
Support individual departments with
all Reinsurance-related issues
·
Review and recommend for approval
Reinsurance contract wordings
·
Use the system to resolve all treaty
coding issues
·
Ensure that the Company deals with
reputable reinsurance companies at all times
·
Timely processing of statutory
returns
·
Processing and negotiating
competitive treaty renewal terms
·
Placement of facultative business.
Both inward and outward
·
Preparing reinsurance reports for
management
·
Ensuring timely processing of
recoveries
·
Ensuring that the Company’s
reinsurance programs are adequate & cost effective
·
Processing of branch credit notes and
refunds
·
Processing of Insurance Premium
Finance applications
·
In liaison with the MD formulate and
monitor the Department strategic plans.
·
Any other duties that may be assigned
by the MD from time to time.
Person Specifications
Academic Qualifications
·
University degree from an institution
recognized by Commission for Higher Education
·
Master’s Degree will be an added
advantage
·
Minimum Overall Grade of C+ in KCSE
Professional Qualifications
·
Professional Accounting qualification
i.e. CPA-K/ ACCA/ACII
·
Certificate of Proficiency in
Insurance (COP) or
·
AIIK Diploma/CII Diploma or any
insurance related qualification will be an added advantage
Experience
·
She/he must be familiar with
Re-insurance accounting
·
IT proficiency- Computerized
accounting system skills
·
Exposure to and understanding of
various classes of insurance business in international insurance and
reinsurance markets.
·
Thorough knowledge of reinsurance
techniques and practices
·
At least 8 – 10 years of experience
with motor vehicle insurance companies.
·
Experience reporting to a Board of
Directors will be an added advantage.
·
Ideal candidate should have a mature
personality and at least 35 years of age and above.
Skills and Attributes
·
High level of integrity; Able to
maintain utmost confidentiality of information in their possession
·
Excellent communication and
presentation skills
·
Excellent interpersonal and
negotiation skills
·
Excellent Client relationship skills
·
Have great attention to detail
·
Possess excellent risk management
experience
·
Must be competent in Planning and
organizing departmental functions with a keen eye and attention to details
·
Analytical/Research Skills
·
Time management skills
·
Team Building Skills
·
Multicultural Sensitivity
·
Problem-Solving
·
Holding People accountable
·
Leadership and developing others
·
Relationship building for influence
Application Instructions
If
you qualify for the above advertised role, kindly send us a detailed CV and
Application Letter clearly demonstrating your fit as per the roles &
responsibilities and the person specifications (academic/professional
qualifications, experience, skills & attributes) listed above.
Applications
that do not conform to the Application Instructions will not be considered.
Kindly
send your application documents to human.resource@directline.co.ke to reach us
on or before 5.00pm Friday, 8th March 2019.
