CIC Insurance Jobs. Underwriting Manager

Underwriting Manager Jobs at CIC Insurance, Kenya

CIC Insurance Group is the leading Co-operative insurer in Africa and one of the top three insurance companies in the country. CIC Insurance Group consists of three subsidiaries; CIC General Ltd, CIC Life Assurance Ltd and CIC Asset Management Ltd; currently CIC has businesses operating all over Kenya with 19 branches.

In order to execute its ambitious growth and expansion strategy, CIC wishes to recruit high caliber individuals to fill the following position:

Underwriting Manager Job Purpose

• To ensure that the risks accepted in the Company are properly priced and bear underwriting terms commensurate with the level of risk.
• The role protects the company against admitting poor risks that can expose the Company to large and severe claims.
• The Key objective is to deliver growth and underwriting profitability through proper selection and adequate pricing of risks.
• The role also ensures that Certificates, Policy documents, debits and endorsements are issued in a timely manner that delivers delight to the customers.

Duties & Responsibilities

• Prepare, circulate and regularly update underwriting guidelines to be followed every year
• Review the risks accepted in the company to ensure they are within the set underwriting guidelines and are covered under the reinsurance programme
• Issue quotations for large and complex risks (above Ksh. 500M)
• Provide guidance to underwriting staff, sales managers and all branch underwriters on various enquiries for risk acceptance.
• Ensure proper documentation of risks and timely issuance of certificates, debits, policy documents and endorsements.
• Ensure efficient renewal process to achieve the set turnaround time for issuance of renewal notices and deliver the desired retention. Directly negotiate major corporate renewals.
• Co-ordinate underwriting activities to ensure quality and excellent customer service.
• Ensure compliance with the regulatory requirements.
• Provide leadership to the underwriting team through training and staff motivation to achieve the underwriting objectives.
• Review of departmental business processes and systems to meet the changing business needs and client expectations.
• Approve payments for refunds and expenses within the underwriting department.
• Engage intermediaries and other business partners in order to grow the business.

Academic qualifications for Underwriting Manager Kenyan Jobs

• Bachelor’s Degree in Insurance, Acturial Science, Economics, Finance, Marketing, Business Administration or any other related degree.
• KCSE Grade C+ and above.
• Professional qualifications
• Completed AIIK or ACII
• Relevant work experience
• 7 Years’ experience in Underwriting or Claims in a busy office.

Skills, Knowledge and competencies

• Excellent administration and management skills.
• Good communication skills
• Good analytical skills
• Highly numerate
• Good negotiation and mediation skills
• Leadership skills

If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title.

For example: Ref:

Application for UNDERWRITING MANAGER – GENERAL INSURANCE

To:

THE GROUP HUMAN RESOURCES MANAGER

CIC INSURANCE GROUP LTD

Strictly through Email: recruitment@cic.co.ke. With a copy to hr@cic.co.ke.

The application should reach us by close of business on 14th June, 2015. Please note only short listed candidate will be contacted. If you do not hear from us by 18th June, 2015 consider your application unsuccessful.

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by Kenyanjobportal