Insurance Officer at Nzoia Sugar Company Limited (NSC)

Job Description:

• In liaison with the Legal Officer, the job holder will be responsible for identifying external and internal risks that the company may face, evaluating the likely effect of these risks, introducing a range of control measures and monitoring and evaluating the success of these measures.
• To provide services, and ensure that company properly is insured.

Key Tasks and Job Responsibilities:

• Assessing various risks for the company and preparing a risk mitigation program.
• Carrying out annual risk inspection and coordinating surveys as requested by underwriters.
• Arranging for loss prevention/seminars or sensitization of staff to appraise them on risk prevention or reduction
• Arranging for accident investigation and surveys
• Liaising with the relevant heads of departments for implementation of recommendations made by the underwriters, surveyors/inspectors as a way of loss management so as reduce on ‘down time’.
• Evaluating the nature, working, scope of cover for the Company’s insurance policies
• Liaising with the Legal Officer to ensure that the premiums paid are compatible with risks covered and as proposed at quotation stage
• Exercising supervision and giving guidance to staff in Lodging of claims
• Maintaining and updating all insurance policies and endorsement for addition or disposal of assets
• Updating schedule of assets
• Liaising with insurance companies and brokers for timely issuance of policies & settlement of claims
• To advise staff on claim procedures.
• Timely settlement of premiums.

Qualification and Experience

• Diploma in Insurance / law / commerce / risk management or any other relevant field.
• Computer literate
• Professional certification in CPA, ACII or CFA will be an added advantage