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  • Posted: Jan 28, 2017
    Deadline: Feb 10, 2017
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  • Background Kenya Reinsurance Corporation Limited (Kenya Re) is the oldest Reinsurer in Eastern and Central Africa. It was established through an Act of Parliament in December 1970 and commenced business in January 1971. Kenya Re’s core activity is providing reinsurance services for most classes of business. Since its inception, Kenya Re has progr...
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    Reinsurance Underwriter - 3 positions


    The selected candidates will report to the Local Business Manager and International Business Manager located at the head office in Nairobi. Kenya.
    The main duties will include but will not be limited to: Managing business relationships with assigned cedants and brokers in order to achieve profitability, liquidity, business growth and customer satisfaction on a sustainable basis and providing management support.

    PRIMARY RESPONSIBILITIES:

    • Contribute to the development and implementation of the Division's strategy and Annual Work Plan and Budget (AWB):
    • Solicit and receive business offers from existing and potential clients. assess such offers and make appropriate recommendations to the Department Heads in line with the              Corporation's underwriting policy:
    • Carry out the Reinsurance Treaty and facultative underwriting of the business
    • Prepare renewal and new business quotation proposals to cedants and brokers:
    • Review facultative acceptances regularly ahead of renewal
    • Review treaty acceptances annually and analyze/ prepare treaty slips:
    • Ensure proper processing of all technical transactions and review /verify serial listings:
    • Arrange for full and adequate cover for the Corporations assets in the regional office
    • Carrying out market visits regularly in the Local market for new business, for renewal of existing business and customer relationship management.
    • Ensuring appropriate maintenance of all relevant documentation,
    • Ensure proper handling of COMESA claims
    • Any other duties and responsibilities that will be assigned by management.

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    Method of Application

    • Applicants should be holders of a Bachelor's degree in insurance or a business related field from a recognized University. They should be holders of a Diploma in Insurance from Chartered Insurance Institute (London) or hold its equivalent. In addition they should have 3 years' experience in reinsurance practice.
    • They should have good organizational and analytical skills, good interpersonal and communication skills and proficiency in office productivity tools.

    Kenya Re is an equal opportunity employer and does not discriminate on the grounds of gender, colour, race, religion, natural origin, age or physical disability. An appropriate remuneration package will be offered to the successful candidates.
    Applicants should post or email as attachments their CV and cover letter quoting the relevant Job Ref No. and outlining how they meet requirements for the position to:-
    The Human Resource Manager Kenya Reinsurance Corporation Limited P. 0 Box 30271, 00100 GPO NAIROBI E-mail: hr@kenyare.co.ke
    Closing Date: 10th February 2016

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