Kenya Reinsurance Corporation Manager, Life Business Jobs

Kenya Reinsurance Corporation Manager, Life Business Jobs

Job Purpose

The job holder will manage and coordinate prudent underwriting in Life Reinsurance Operations to have premium growth and prots to the Corporation and satisfied customers.

Primary Responsibilities

The main duties and responsibilities will include but not be limited to;

Formulate, implement and monitor strategic plan for the Life Business for the Group and subsidiaries.

Initiate the development, review and implementation of policies, strategies, procedures, and guidelines on Life Business.

Transact reinsurance business through treaty and facultative cessions.

Provide technical expertise on life reassurance to Kenyan and African market.

Provide guidance on life, (local and international) business activities.

Solicit and receive business oers from existing and potential clients.

Contribute to the resolution of complex or high value claims.

Assess oers and determine their applicability in line with the Corporation’s underwriting policy.

Manage treaty & policy cessions underwriting- Local & international markets as well as run-offs thereof.

Develop and promote new life reassurance products.

Work closely with actuaries to ensure risks are adequately priced and reserved.

Work closely with retrocessionaires to ensure adequate retro-protection.

Manage relationships with key stakeholders such as rating agencies, regulators, brokers, etc

Support the nancial stability of primary insurers.

Provide valuable insights and data analysis to design products.

Collect outstanding life premiums and oversee the same in the department.

Execute risk assessment and setting

appropriate premiums based on statistical analysis and historical data.

Carry out market campaign to ensure growth of the business in line with the strategy.

Provide management and the Board with information on life assurance business matters.

Academic Qualifications

Bachelor’s degree in insurance, actuarial science or a business-related field.

Professional Qualifications

ACII and/or AIIK or their equivalent.
Experience

At least 10 years of relevant working experience;4 of which should be in management as Assistant Manager.

Must have evidence of growth of Life Business Portfolio to atleast Kes.3billion.

Have evidence of managing loss ratio to below 53% including cost-savings from claims management.

Have exposure to working with a pan-African (re)assurance company.

Possession of multi-lingual skills in French and English will be an added advantage.

Skills

Good interpersonal and communication skills;

Good organization and management skills

How to Apply

For more information and job application details, see; Kenya Reinsurance Corporation Manager, Life Business Jobs

Find 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!