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  • Posted: Oct 5, 2023
    Deadline: Oct 13, 2023
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    Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.
    Read more about this company

     

    Assistant Underwriting Manager - Speciality Business and Product Development

    Job Description

    The incumbent will be responsible for all the specialty line of business activities, ensure achievement of set business targets, and promote growth .
    Ensure continuous product review and development of new products ion line with the company risk appetite

    • Ensure profitable growth of specialty classes including but not limited to Trade Credit, large infrastructure projects, Power generation projects, Events Insurance, Kidnap &  ransom, Oil and gas.
    • Design a product review plan  to ensure products remain relevant in the market
    • Formulate and implement product development strategy , champion  and take leadership of General  insurance product development.
    • Participate in negotiations and discussions on prospective business in growth of business in this area
    • Prepare  quotations as per the company’s standards of service and authority level matrix and follow through to conclusion
    • Ensure timely capturing and issuance of documentation for all business relating to these classes.
    • Prepare various periodic reports on the area of operation
    • Daily servicing of clients to nurture the relationship between the company and our customers
    • Initiate and follow with Insurance Regulatory Authority (IRA) authority  and Reinsurance department to ensure placement of all business outside the existing treaty programs.

    QUALIFICATIONS, SKILLS AND COMPETENCIES

    Qualifications:

    • 1st Degree
    • At least 5 papers ACII or equivalent

    Experience:

    • 5 years

    Skills and Competencies:

    • Good product knowledge and technical skills
    • Excellent communication and negotiation skills
    • Excellent interpersonal relations skills
    • Extensive networking with corporate organizations and general intermediaries
    • Good analytical skills

    Method of Application

    Interested and qualified? Go to Old Mutual Kenya on oldmutual.wd3.myworkdayjobs.com to apply

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