African Trade Insurance Agency Bi-lingual RLSF Underwriter Jobs in Kenya
African Trade Insurance Agency Bi-lingual RLSF Underwriter Jobs in Kenya
Under the supervision of, and reporting to the Chief Underwriting Officer, through the RLSF Coordinator the Bi-Lingual Underwriter’s key
duties and responsibilities will be as below:
To undertake and generate business through the promotion and marketing of ATI products and services on an on-going basis. This includes, but is not restricted to, leading on the promotion and marketing of ATI products and services for the Energy Sector
Contribute to the drafting of the underwriting guidelines of ATI for the RLSF product, subject to ATI approval
Assess countries Renewable Energy Sectors and contribute to defining the strategy and conditions per country
Develop and maintain country cover notes
Promote the RLSF among potential investors and lenders, through different channels (partner web sites, brochures, conferences)
Develop commercial relationships, attract new clients and contribute to the commercial strategy
Take Underwriting responsibility for specific countries/ regions/ sectors as and when required
Advise clients on ATI’s policies, processes, products and requirements
To screen and assess proposed transactions against ATI’s underwriting eligibility criteria
To issue non-binding indications (NBIs) on eligible insurance applications
Underwrite energy and renewable energy deals including the sector specific facilities – African Energy Guarantee Facility (AEGF) and the Regional Liquidity Support Facility (RLSF).
To identify and evaluate all relevant commercial and political risks relating to proposed transactions and make sound underwriting recommendations to the Chief Underwriting Officer
To negotiate terms, and pricing and to review Insurance Offer Letters for compliance with agreed terms
To draft and negotiate proposed insurance policies for consideration and approval by ATI Senior Management, and support the Portfolio Services Team in administering and monitoring existing insurance policies
Support the underwriting team in reviewing and underwriting large/ complex, structured or project finance based deals (energy, renewable energy, infrastructure)
Where necessary, to seek and place re-insurance among ATI re-insurers and other insurance companies in the international market
To develop effective client relationships, with a focus on ATI partners in the Energy Sector, including and not restricted to Donors, Development Financial Institutions, Developers, Brokers, Multilaterals, Utilities and Information Providers
To support the RLSF Coordinator develop reports for external partners
To work with the Chief Underwriting Officer and the Chief Financial Officer in claims determination and payment as well as claims avoidance
To work with the Chief Underwriting Officer and RLSF Coordinator in developing and executing an annual business plan and budget
To work with the RLSF
Coordinator, and external consultants where possible, in developing suitable insurance or guarantee products for the benefit of distributed energy projects (e.g., off-grid, C&I, etc.)
To perform other duties as may be assigned to you from time to time.
Role Specifications
A Master’s degree in Business Administration (MBA), Finance, Economics, Banking or other financial service specialization
A Bachelor’s degree in Finance, Economics, Banking or other financial service specialization
CII or CPA/ACCA (an added advantage)
Excellent Bi-Lingual communication skills in both English and French
A minimum of five (5) years relevant experience
Technical understanding, expertise, and experience in insurance and re-insurance
A proven track record of success underwriting complex transactions or providing sector specific underwriting skills
Key Stakeholders management skills
Demonstrate ability to initiate ideas for Product development
Team leadership skills
Demonstrate a clear understanding of policy wordings
Strong analytical skills with a high level of accuracy and attention to details
Excellent negotiation skills
Good judgement and decision making skills
Ability to work under pressure and meet urgent deadlines
Excellent communication (oral, written, presentation) and interpersonal skills
Ability to work in a multi-cultural environment
Strong people management skills; and
Demonstrate ATI’s core values – unity of purpose, customer first approach, integrity, getting it first the right time and creativity.
Qualifications, Experience and other Attributes
The successful candidates must have suitable qualifications and attributes as indicated in the job description for each position.
All applications must be in English.
How to Apply
Candidates are required to submit an electronic copy of the following:
Application Letter
CV, plus details of your current remuneration package if applicable along with details of three referees
Personal History Form
Submit your application to recruitment@ati-aca.org indicating the position applied for as the subject of your email.
The closing date is Friday, 30 September 2022 at Midnight Nairobi time.
ATI will only contact those applicants who are being actively considered for an interview.
Personal History Form Link: African Trade Insurance Agency Bi-lingual RLSF Underwriter Jobs in Kenya
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