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Jun 1, 2017

Kenya Orient Reinsurance Executive Job in Nairobi

Kenya Orient Insurance Limited.
Job Title: Reinsurance Executive
Location: Head Office
Division / Department: Underwriting
Immediate Supervisor: Assistant Manager - Reinsurance
Overall Responsibility: The position is responsible for assisting in all company reinsurance matters and ensure that the company’s position is adequately protected.
Key Tasks, Duties and Responsibilities
  • Grow inward facultative business as per set target in the budgets through acquisition of new business supporters and retention of existing business.
  • Preparing annual statistics and quarterly statements
  • Review all risks acceptances to ensure they are protected by proper reinsurance arrangement on a back to back basis without any gaps in risks accepted and reinsurance protection availed.
  • Ensuring that the risks undertaken by the company are adequately covered through reinsurance programs.
  • Analyze inward facultative accepted by the reinsurance section and evaluate the cedant’s exposure, adequacy of premium appropriateness of the terms and conditions of each and every risk accepted.
  • Timely booking of facultative business.
  • Place all risks that are in excess of all capacity in a timely manner with reputable and financial stable underwriters or reinsurance in liaison with Assistant Manager Reinsurance.
  • In liaison with the claims department, identify, document and follow up recovery settlement of all claims above the deductibles in the treaty.
  • Any other duties assigned by management in line with task.
  • A bachelor’s degree from a recognized university in Insurance, Business, Marketing or any related fields.
  • Pass in at least two paper in ACII or equivalent
  • At least 2 years relevant working experience
Required Competencies
  • Knowledge of underwriting and pricing
  • Knowledge of products and services
  • Claims Knowledge
  • Risk Perception and assessment
  • Underwriting management process
How to Apply:
If you are interested in the position and have the required qualifications, skills and experience, kindly CLICK HERE to apply online on or before Wednesday 7th June, 2017.
Only shortlisted candidates will be contacted.
“We are an equal opportunity employer”

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