Legal Head
Financial Advisor
Underwriting Associate
Primary Location:
Kenya-Nairobi-Nairobi
Organization: Britam General Insurance Company (K) Limited
Job Level: Manager
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Number of Openings: 1
Organization: Britam General Insurance Company (K) Limited
Job Level: Manager
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Number of Openings: 1
Head of Legal – (1900004A)
Job Description
This role will provide Legal support to the insurance business by formulating and implementing policies and procedures to ensure the business remains fully compliant with all Laws and Regulations.
This role will provide Legal support to the insurance business by formulating and implementing policies and procedures to ensure the business remains fully compliant with all Laws and Regulations.
Responsibilities
·
Advise insurance business on all
matters touching on the law
·
Review newly instituted matters and
advise management
·
Research and interpret regulatory
requirements of new Insurance products and/or services
·
Provide assistance to the operational
areas with day-to-day regulatory Insurance compliance issues
·
Assist with handling more complex
Insurance regulatory compliance issues
·
Keep current on national requirements
regarding Insurance and communicate issues and new statutory developments to
executive team.
·
Provide high quality legal opinions
to enable effective management of legal risks
·
Regularly review the company’s legal
panel and advice management of any changes required in line with the SLAs.
·
Monitor court attendance by the
company’s appointed advocates on the company’s legal matters
·
Prepare Half yearly Legal reserves
reports for all legal claims matters
·
Manage the entire litigation process
with diligence, professionally and ensure timely closure of matters.
·
Negotiating out of court settlements
with a view of saving costs
·
Ensuring Legal Claims recoveries are
monitored and completed in a timely manner
·
Approving payment of legal fees and
judgments and or discharge Vouchers
·
Ensure safe custody of the insurance
instruments and documents such as charged documents and suit papers, and ensure
confidentiality and privacy of all legal data of the business
·
Provide legal advice to the insurance
business on all legal matters related to its activities and mandate premised on
a platform that is well researched, reasoned and timely
·
Ensuring insurance business is
compliant with all statutory requirements;
·
Advising management on the
interpretation, impact and effect of the relevant laws and general conditions
affecting their various areas of operation;
·
Providing strategic legal advice,
including advice on business and product development
·
Liaison with the various regulatory
agencies, including but not limited to IRA
·
Respond to demand letters and making
best efforts to sort out disputes before they are referred to a court of law
·
Liaise with company staff on required
documentation, witnesses etc. with respect to matters in court;
·
Adhere to the Delegated Authority: As
per the approved Delegated Authority Matrix
·
Adhere to the Legal Manual
·
Prepare appropriate reports as per
requirements and these include Monthly Legal Reports, Monthly Legislative
·
Reports and Quarterly Legal Risk
reports.
Leaders of Teams Competency Descriptions
·
Deciding and Initiating Action – Ensures
key departmental objectives are met, takes responsibility for decisions,
actions, projects and people while focusing on achievement of departmental
results; takes initiative and works under own direction; initiates and
generates activity; makes quick, clear decisions with limited information
available which may include tough choices or considered risks; decisions and
actions take into account possible impact on all parts of the business.
·
Leading and Supervising – Provides
the department with a clear direction based on the overall strategic intent of
the organisation; Building high expectations about the success of the
department; motivates and empowers others with a clear sense of purpose;
creates a positive departmental climate that fosters learning and development;
acknowledges high potential talent; Recognize the potential of individuals sets
and articulates the vision and values through own personal behaviour; Push
autonomy and empowerment downwards through the department.
·
Persuading and Influencing – Gains
clear agreement and commitment from others by persuading, convincing and
negotiating to the benefit of the department; promotes the organisational
strategy during departmental conversations; makes effective use of political
processes to influence and persuade others; promotes ideas on behalf of the
department and the organisation; makes a strong personal impact on others;
takes care to manage the department’s impression and brand on others.
·
Formulating Strategies and Concepts –
Works strategically to realise organisational goals within the department; sets
and develops departmental strategies; identifies and develops positive and
compelling visions of the department’s future potential; Ensure departmental
Balanced Score Card objectives and KPI’s are met and Exceeded; Ensure Personal
Scorecard Objectives are met and exceeded; takes account of a wide range of
issues across, and related to, the organisation; Work with direct reports to
ensure the cascading of the strategic plan into integrated departmental plans
that are meaningful to individuals; encourages others to take a strategic and
long-term view in terms of the department’s future; Emphasise the impact and
importance of individual contributions to the successful implementation of the
organizational strategy in the department; Evaluate my own and others’
performance fairly and objectively; communicates the organisational strategy,
vision and objectives effectively across all levels in the department.
·
Entrepreneurial and Commercial
Thinking – Keeps up to date with competitor information and market trends;
identifies business opportunities for the department; maintains awareness of
developments, changes, Add value to the department by capitalising on new
business opportunities; trends and possible risks in the department’s structure
and politics; demonstrates financial awareness; Identify ways to increase the
Britam competitive advantage, exploiting those that will bring the greatest
return within an acceptable level of risk; ensures costs are monitored and
controlled and thinks in terms of profit, loss and added value; Ensure that
sufficient data about financial and other parameters of departmental
performance are available; Interpret departmental information objectively
against appropriate benchmarks.
·
Planning and Organising – Sets
clearly defined departmental objectives; plans activities and projects well in
advance and takes account of possible changing organisational and market
circumstances; identifies and organises resources needed to accomplish projects;
manages time effectively; monitors departmental performance against deadlines
and milestones.
·
Relating and Networking – Easily
establishes, as well as assists others in building meaningful relationships
with customers and staff across all levels of the organisation, inside and
outside of the department; relates well to people at all levels; facilitates
the resolutions of conflict and manages disagreements with tact and diplomacy.
·
Creating and Innovating – Promotes
departmental improvement within relevant scope of influence; produces and
encourages new ideas, approaches, or insights; creates the environment for
innovative products or designs; produces a range of solutions to the strategic
benefit of the department.
·
Adhering to Principles and Values –
Upholds and encourages ethical behaviour and organisational values;
demonstrates integrity; promotes and defends equal opportunities, builds
diverse teams; encourages departmental and individual responsibility towards
the community and the environment; models the organisational values during
every day interactions.
·
Achieving Personal Work Goals and
Objectives- Accepts and tackles demanding departmental and personal goals with
enthusiasm; leads by example by working hard and putting in longer hours in
order to ensure successful implementation and completion of projects; show
self-insight in own development needs.
Adapting and Responding to change – Anticipates and effectively adapts to changing circumstances and ambiguous situations; accepts and actively drives new ideas and change initiatives; adapts interpersonal style to suit different individuals or situations; Monitor changes in departmental issues, structures and dynamics and appreciate their implications for the business; Demonstrate an understanding of the links between the Britam’s structure, goals and capabilities; Constantly aware of competitors, trends and changes in the markets that the Britam works within; Maintains a focus on key priorities and deliverables, staying resilient in the face of pressure; Implement changes within my department to achieve set change goals; Responds flexibly to changing circumstances; Recognises when unable to cope and asks others for help; Uses change as an opportunity to improve ways of working, encouraging others’ buy-in; Takes ownership for communicating change initiatives clearly, ensuring smooth implementation
Adapting and Responding to change – Anticipates and effectively adapts to changing circumstances and ambiguous situations; accepts and actively drives new ideas and change initiatives; adapts interpersonal style to suit different individuals or situations; Monitor changes in departmental issues, structures and dynamics and appreciate their implications for the business; Demonstrate an understanding of the links between the Britam’s structure, goals and capabilities; Constantly aware of competitors, trends and changes in the markets that the Britam works within; Maintains a focus on key priorities and deliverables, staying resilient in the face of pressure; Implement changes within my department to achieve set change goals; Responds flexibly to changing circumstances; Recognises when unable to cope and asks others for help; Uses change as an opportunity to improve ways of working, encouraging others’ buy-in; Takes ownership for communicating change initiatives clearly, ensuring smooth implementation
·
Analysing – Strategically analyses
sources of information, breaking them into component parts, patterns and
relationships; makes rational judgements from the available information and
analysis; demonstrates an understanding of how one issue may be part of a much
larger system.
Cost Management- Demonstrates an awareness of financial issues affecting my department; Use financial information to monitor departmental performance and guide decisions; Consistently identify opportunities to reduce costs within my department.
Cost Management- Demonstrates an awareness of financial issues affecting my department; Use financial information to monitor departmental performance and guide decisions; Consistently identify opportunities to reduce costs within my department.
·
Staff development- Create a positive
departmental climate that fosters learning and development ; Identify
development needs within my department; Ensure direct reports have personal
development plans in place that are regularly reviewed; Provide honest and
constructive feedback on my team’s performance; Act as coach or mentor when
appropriate; Allocate power, responsibilities and authority to appropriate
subordinates.
Qualifications
·
Bachelor’s degree in Law
·
Master’s degree in Law (added
advantage)
·
Diploma in Law
·
Advocate of the High Court of Kenya
·
Possess a valid Practising licence
Financial Advisor
Primary Location: Kenya-Nairobi-Nairobi
Organization: Group Commercial
Job Type: Contractual
Shift: Day Job
Contract Type: Full-time
Number of Openings: 9
Organization: Group Commercial
Job Type: Contractual
Shift: Day Job
Contract Type: Full-time
Number of Openings: 9
Financial Advisor – (1900000T)
Job Description
Responsible for sales of all lines of business products within
the branch catchment. The job holder will be responsible for overall
accountability for the sales of all lines of business products and first hand
customer service. The position is purely a commissioned based role.
Responsibilities
·
Doing presentations to prospective
clients and selling to them suitable insurance products or other products
according to their needs.
·
Meeting sales targets as may be set
by the company from time to time.
·
Can serve clients of all lines of
business and provide excellent customer service to existing customers and
prospective clients
·
Ensuring high persistency of payments
through follow ups and reminders.
·
Maintaining close relationships with
clients and updating them on the status of their policies, new products and any
other information they may require.
·
Initiating and following through
premium collection procedures such as collecting cheques and other payment
authority documents.
·
Dedicated customer service to clients
at all times including assisting the client to effect changes on their
policies.
·
Promoting the company brand and
making sales during activations and other company events.
·
Attending branch and unit meetings as
may be required by the branch manager or unit manager.
·
Maintaining regular contact with clients
and providing additional insurance policies or other products whenever needed.
·
Developing and maintaining a wide
network of friends, special interest groups and social clubs necessary for
forming a base of marketing and referrals.
·
Learning and using the company
software available for financial advisors in generating quotations and customer
service.
·
Delivering of policy documents to
clients in good time.
·
Knowledge, experience and
qualifications required
Qualifications
·
KCSE Mean grade of C- and above or
equivalent
·
University degree/Diploma is an
added advantage
·
Candidate should have a minimum
age of 23 years
·
Demonstrate good written and
oral communication skills
·
Experience in sales is an added
advantage
·
Certificate of proficiency is
an added advantage
How to Apply
Underwriting Associate
Primary Location: Kenya-Nairobi-Nairobi
Organization: Group Commercial
Job Level: Entry Level
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Number of Openings: 1
Organization: Group Commercial
Job Level: Entry Level
Job Type: Permanent
Shift: Day Job
Contract Type: Full-time
Number of Openings: 1
Underwriting Associate – (19000048)
Job Description
Assist in underwriting and risk assessment within the set
standards of service to ensure quality and timely service.
Responsibilities
General Insurance Business
·
Review all applications for insurance
– determine the profiles of risks presented to the company for insurance and
assess their acceptability or otherwise;
·
Prepare quotations as per authority
matrix;
·
Custodian of underwriting documents
e.g. Motor certificates;
·
Conduct Risk surveys for small risks
as per authority matrix;
·
Prepare & issue certificates and
cover notes where necessary;
·
Ensure timely preparation and
dispatch of policy documents including valuation reports, debit, credit notes
& endorsements and authorising them within agreed and set authority limits;
·
Implement credit control policy and
ensure that premiums are debited and collected as required;
·
Ensure receipting of premium
collections, daily banking as well as preparation of premium reports for all
lines of business as applicable
·
Assess the loss ratios and ensure
that only quality business is invited for renewal;
·
Review and communicate renewal terms,
ensure renewal notices go out on time and follow up renewals to ensure high
retention rate;
Life Insurance Business
·
Conduct 1st level underwriting of new
business /by carrying out completeness and accuracy checks to ensure data
was captured accurately in the application and systems;
·
Scanning and indexing of application
forms;
·
Receipting (cheques/standing
orders/check offs) and posting payments in Igas;
·
Preparing daily Igas premium report;
·
Advise Policy Administration on
dishonoured cheques and write letters to customers regarding the same;
·
Processing refunds/cancelled
policies/deductions after maturity, claims and surrenders;
·
Forward issued applications to
registry;
·
For Legacy GI branches, hold brief in
the event the customer service assistant is absent by performing that role
tasks.
·
Perform any other duties as may be
assigned from time to time
Qualifications
Technical/ Functional competencies
·
Knowledge of insurance concepts
·
Knowledge of underwriting processes
and procedures
·
Technical competence in underwriting
insurance risks
·
Knowledge of insurance regulatory
requirements
Knowledge, experience and qualifications required
·
Bachelor’s degree (insurance option
preferred)
·
At least one year experience in the
insurance industry
How to Apply