Latest Recruitment at Absa Bank Limited

Job Summary

To ensure continuous remediation of the outstanding control weaknesses, reporting on the various key risks, continuous monitoring and general strengthening of the control environment in First Assurance Kenya Limited.

Job Description

• Support with the recording of risk events, combined assurance issues, and effect updates on risk events in ORMS 
• Liaise with the departmental champions and support in documenting Issue closure packs (ICPs)
• Liaise with the departmental champions and support in documenting Milestone closure packs (MCPs)
• Support in setting up invites for weekly spotlight sessions and other sessions as may be requested by the assurance providers or process owners.
• Support, record and document minutes of various sessions e.g., remediation forums (Weekly, bi-weekly etc)
• Support in performing of continuous quality assurance to ensure controls are operationalized as designed and store the evidence in the shared drive.
• Support in organizing the departmental shared drive to ensure files are well placed in the right folders, well arranged, and ensure the files are up to date.
• Support in follow-up with process and issue owners to ensure issues actions are tracked to ascertain if we are on track or at risk of going overdue.
• Support in following up with process owners to ensure timely preparation of dashboards for the various risks for discussion in the check and challenge sessions.
• Follow up with assurance providers validating issues, and ensure requested evidence is availed in a timely manner.
• Ensure pro-active management of all functional audit action items, with a view to ensuring closure by due date and pass Issue Assurance.
• Follow up on RTSs and DWBs remediation to enhance the control environment.
• Evaluate all requests for new products or processes or non-standard transactions prepared in the functional areas.
• Assist in the preparation of the BU Risk and Control reports to the appropriate Group Committees.
• Support functional areas in the business with tools and templates to capture their risk data. 
• Ensure that functional areas have adequate information to complete their control attestations at the required intervals.
• Assist in managing compliance work within the BU; AML and ABC in collaboration with the MLRO.
• Coordinate the implementation of processes and policies.
• Preparation of the Risk Dashboard and ERC packs.
• Perform any other duties as allocated by the G&C Manager

Education and Experience Required

• Business degree in Accounting, Finance or Business
• 3+ years’ experience in insurance industry

Knowledge & Skills

• Knowledge of Risk Management
• Knowledge of insurance Services
• Knowledge of Financial and Operational Business Management skills
• Report writing skills.
• Project management skills

Competencies

• Deciding and initiating action
• Learning and researching
• Entrepreneurial and commercial thinking
• Relating and networking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

go to method of application »

Job Summary

To support delivery of targeted retail business (non-medical) growth with the right parameters.

Job Description

Business Development- Branch

• Manage relations for all General and Medical business channels at the branch to deliver targeted premium outputs.
• Spearhead and implement market expansion strategies at the branch.
• Pipeline business management, quotation processing and transmitting the same within TATs.
• Draw up and operationalize SLAs with intermediaries for differentiated service delivery.
• Monitor and adhere to inter-departmental service level standards to ensure smooth running of the branch
• Renewal follow-up to achieve the renewal retention ratios.
• Champion cross selling for branch business
• Coordinate intermediaries’ activities at the branch level

Market Intelligence

• Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
• Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.
• Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the result of market.

Financial

• Debt management as per the debt management standard
• Manage and control expenditure for travel, events, and promotional items.
• Plan, assign and allocate funds for events plans, or promotional items requited for brand management through brand management activities as per the structured calendar.

Operations & Compliance

• Actively keep up to date with relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the business advantage.
• Coordinate compliance with regulatory requirements for brokers for licensing and on boarding requirements as per ABC third party standards.

Education and Experience Required:

• Degree in Commerce, Insurance orBusiness Administration
• Qualified ACII or IIK
• At least 8 years in Insurance Sales/or Underwriting

Knowledge& Skills:

• Influencing and negotiation
• Team building
• Relationship management
• Interpersonal skills
• Networking
• Service level management

Competencies:

• Adhering to principles and First Assurance values
• Relating and networking
• Deciding and initiating action
• Planning and organizing
• Entrepreneurial and commercial thinking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating

go to method of application »

Job Summary

To support delivery of targeted retail business (non-medical) growth with the right parameters.

Job Description

Business Development- Retail

• Relationship Management of retail agents to deliver targeted premium outputs.
• Pipeline business management, quotation processing and transmitting the same agents within TATs.
• Debt Management as per the debt management standard.
• Draw up and operationalize SLAs with agents for differentiated service delivery.
• Adhere to inter-departmental service level standards in liaison with underwriting team across the branches.
• Renewal follow-up to achieve the renewal retention ratios.
• Champion cross selling for retail business
• Coordinate head office agents’ activities.

Market Intelligence

• Collect market intelligence through research by reading articles, publications, internet, word of mouth and networking daily to keep abreast of market developments.
• Assess market opportunities with respect to competitor sales sources by remaining in touch with market forces and influencing.
• Manage knowledge capital by collecting, categorizing, storing, protecting, and distributing the result of market.

Financial

• Debt management as per the debt management standard
• Manage and control expenditure for travel, events, and promotional items.
• Plan assign and allocate funds for events plans, or promotional items requited for brand management through brand management activities as per the structured calendar.

Operations & Compliance

• Actively keep up to date with relevant knowledge, legislation and developments within the business unit and insurance industry that may have an impact on the business advantage.
• Coordinate compliance with regulatory requirements for brokers for licensing and on boarding requirements as per ABC third party standards.

Education and Experience Required:

• Degree in Commerce, Insurance, Law, Business Administration
• Progressing/Qualified ACII or IIK
• At least 5 years in Insurance Sales/or Underwriting

Knowledge& Skills:

• Influencing and negotiation
• Team building
• Relationship management
• Interpersonal skills
• Networking
• Service level management

Competencies:

• Adhering to principles and First Assurance values
• Relating and networking
• Deciding and initiating action
• Planning and organizing
• Entrepreneurial and commercial thinking
• Adapting and responding to change
• Persuading and influencing
• Creating and innovating