Marine Insurance Manager Job at Lafayette Resources

To support their continued growth within the region, we are thus hunting for exceptional talent in the role: 

Roles for the Insurance Manager Job

• Do 50% underwriting by working closely with underwriting and reinsurance manager and 50% business development.
• Responsible for supervising, mentor and coach junior staff by improving their product and market knowledge.
• Develop potential business areas and also maintain professional relationship with existing customers.
• Underwrite business within Risk Acceptance Authority and guidelines.
• Ensure timely collection of premiums in line with company credit control policy.
• Manage the company marine insurance budget and identify requirements and analyze risks associated with certain marine policies.
• Monitor and maintain loss ratio records for the marine class.
• Ensure compliance with all statutory requirements and guidelines from regulatory bodies in Kenya.
• Assist claims teams in global claims management and maintain insurance data for management reporting purposes.
• Monitor the operation of the company marine insurance portal including KENTRADE to ensure effective and efficient operations.

Insurance Manager Job Requirements

• At least 7 years of relevant marine cargo and hull underwriting experience, 3 of which are in general insurance as manager
• University degree in business with insurance professional qualifications in General Insurance e.g. full IIK or ACII.
• Strong working experience in all classes of general insurance and shipping related insurances.

Functional Skills

• The Candidate should have good communication & interpersonal skills
• Should have a high level of independence, honesty and integrity
• Good problem-solving and analytical skills
• Well versed with compliance requirements within the marine insurance markets.
• Excellent communications and interpersonal skills
• Widely knowledgeable of world trade shipping routes and geography