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In the beginning: it was a quiet day in 1992, seven shareholders got together and formed Tausi Assurance Company limited. The Company opened its doors quietly but confidently for business in 1993 in Westlands, with a paid up capital of Kshs 20million and a staff of nine. Customer first The confidence came from having a simple and clear objective: the wo...
REF: TAS/HR/RK/ADV/3293/2021
Job overview
To provide support in the Internal Audit department through independent, objective assurance and advice designed to add value and improve the organizations operations while focusing on internal control systems, risk management framework and governance.
Responsibilities
Qualifications
Skills and competencies
REF: TAS/HR/RK/ADV/3292/2021
Job Summary
To run the Underwriting department with utmost diligence, skill and professionalism.
To assess risks in accordance with laid down underwriting procedures in the company and to ensure effective and efficient service delivery to customers. Required to work within all company policies and procedures, risk management policy, risk appetite laid out in the Strategic plan by the BOD, guidance provided by the underwriting technical manual, underwrite prudently and within the standardized rates and authority matrix, abide by all turnaround timelines set by the company, the IRA guidelines and to underwrite using technical rates arrived at using insurance principals and rating tariffs.
Any deviation from the technical rates will require approval from the Rating Committee. Required to strictly refer to the reinsurance treaties and the company automatic capacity of the company so that no insurance cover is given to a client, which is above the company automatic reinsurance capacity. To ensure that a risk is facultatively placed PRIOR to confirmation of cover or release of a quotation.
On the job training of staff so that the department builds capacity.
Primary Responsibilities
It will be your primary duty to ensure that no risk above the Tausi Reinsurance treaty capacity is accepted by the department until and unless the excess has been placed facultatively. You are expected to maintain a paper trail in evidence of having forwarded the placement request with the Reinsurance department. In addition, you will be required to follow the Fac Re risk management policy to the letter.
Qualifications
Experience
Skills and competencies
Application letters and copy of current CV in one document with names of and addresses of three referees should be sent by email to hr@tausiassurance.com so as to reach us on or before 25th June, 2021. Only shortlisted candidates will be contacted.
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