African Trade Insurance Agency RLSF Underwriter Jobs in Kenya

African Trade Insurance Agency RLSF Underwriter Jobs in Kenya

Under the supervision of, and reporting to the Chief Underwriting Officer, through the RLSF Coordinator, the RLSF 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)

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

Bi-Lingual communication skills in both English and French will be an added advantage

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 RLSF Underwriter Jobs in Kenya

Find daily jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.

Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.

Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!