Underwriting Manager vacancy

Underwriting Manager vacancy
REF: VICI/INS/001
A leading mid-sized insurance company with profits in excess of Ksh. 200m dealing in general insurance is looking to recruit a suitably qualified, dynamic and experienced individual to join their high powered team as an Underwriting Manager, reporting to the Chief Executive Officer.
ROLE & RESPONSIBILITIES
The candidate will:
 Provide leadership for the organisation’s underwriting service function and effectively manage the security and risk of the company’s portfolio.
 Maximise opportunities for profitability by leveraging business relationships, product knowledge and underwriting expertise.
 Develop a road map and promote the company by executing strategic initiatives that subsequently contribute to the profitability and growth of the business.
 Develop and implement equitable policy contracts and due execution of policies and other accountable documents.
 Ensure underwriting disciplines are maintained at all times through relevant audit and controls.
 Ensure that the risks accepted in the company are within the set underwriting guidelines and are covered under the reinsurance programme.
 Be responsible for the administration of all underwriting plans and ensure compliance with all regulatory agency guidelines and including the company policies.
 Prepare and maintain up-to-date underwriting manuals.
 Continuously review and optimise business processes and mobilise resources to meet the changing business needs and client expectations.
 Drive technical excellence and trading behaviours across the underwriting team and effectively manage internal and external stakeholders.
 Cultivate a culture of high performance, ethics and ownership within the department ensuring behaviours meet the expected standards.
 Ensure underwriting empowerment is dispersed adequately and appropriately and fully utilised by all underwriting staff.
 Through audit and underwriting control analysis spot trends and highlight training programmes, as well as develop competence at an individual level, continuously raising underwriting and trading capability.
 Provide guidance, support and supervise the underwriting department staff.
 Prepare management report, consistently evaluate underwriting performance against business objectives and recommend productive measures.
MINIMUM QUALIFICATION AND EXPERIENCE
 Bachelor’s Degree in a Business related field.
 Master’s Degree will be an added advantage.
 Fully AIIK/ACII or equivalent qualified.
 Minimum of 10 years experience in the Insurance Industry, 3 of which at managerial level.
 Proficient in insurance management software packages preferably Premia Systems.
 Proficient user of the MS Office application.
 Demonstrate a track record for underwriting profitability, breadth and depth of technical knowledge in all underwriting matters and an understanding of the insurance market and processes.
 Demonstrate strong leadership as well as good mentoring and coaching skills.
 Pragmatic decision maker with strong analytical and numerical reasoning.
 Strong team player, communicator with superior negotiation skills.
An attractive remuneration package will be offered.
How to apply: Candidates should forward their application letter with a detailed CV, copies of their academic and professional certificates stating current and expected remuneration, quoting the relevant reference number to hr@viciconsulting.co.ke by 25th Aug 2014.
Job Location: Nairobi, Kenya

Start date: 3rd November 2014