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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 p...
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    Underwriter - Life Business

    The selected candidate will report to the Manager- Life business located at the head office in Nairobi, Kenya.
    The main duties will include but will not be limited to: Carrying out prudent underwriting in life reassurance and insurance operations in order to have the premium growth and profits to the company and satisfied customers.

    PRIMARY RESPONSIBILITIES:

    • Carry out life medical underwriting and manage communication with life companies and reinsurance brokers:
    • Carry out administration of claims resulting from such transactions;
    • Process mortgage insurance in line with the Corporation's policy;
    • Prepare retrocession accounts:
    • Prepare quarterly statements of accounts;
    • Draft treaties in line with the Corporation's policy and call for returns from ceding companies;
    • Ensure accurate input of data and records for allocated markets in respect of premiums claims etc;
    • Ensure appropriate maintenance of all relevant documentation;
    • Provide market information, statistics and reports as and when required.
    • Any other duties and responsibilities that will be assigned by management.

    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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