Employment in Kenya

Job Openings at Jubilee Insurance

LATEST JOBS IN KENYA 2023

Job Openings at Jubilee Insurance,

Jobs in Insurance, Jobs at Jubilee Insurance

Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.

Open Jobs

Reinsurance Manager

Job Ref. No: JHIL068

Role Purpose

The job holder shall implement the company’s reinsurance program based on overall company’s objectives, underwriting and reinsurance philosophy and manage expectations of all reinsurance stakeholders.

Main Responsibilities

  • Spearhead the design, negotiation, and renewal of reinsurance treaties in line with the business needs and regulatory guidelines.
  • Communicating with clients, brokers, intermediaries, and other stakeholders to provide information on reinsurance policies and procedures.
  • Design and implement an optimal reinsurance program for the all the group business entities.
  • Providing technical guidance on business evaluation and acceptance in line with the reinsurance program, good underwriting practice and underwriting capacity
  • Crafting, implementation and review of reinsurance strategy, policy, and guidelines in line with business strategy and various regulatory requirements
  • Ensure timely collection of premiums & timely remittance to reinsurance partners.
  • Ensure that all risks accepted are properly reinsured in line with the reissuance contracts in place and the company reinsurance strategy document.
  • Regular review of the reinsurance premium register to ensure risks are ceded optimally and in line with the reinsurance arrangements in place.
  • Ensure timely facultative placement of any risks beyond company’s capacity with approved securities.
  • Seek for competitive terms and special acceptance for treaty excluded risks from the reinsurers either directly or through reinsurance brokers.
  • Ensure compliance with internal and statutory requirements governing risks placements and timely reinsurance data submission to the IRA.
  • Prepare reinsurance underwriting and claims statistics on a regular basis.
  • Ensure timely preparation and submission of reinsurance periodical returns in line with treaty terms and conditions.
  • Collaborating with other departments to ensure overall company profitability.

Key Competencies

  • Customer Service
  • Leadership Skills
  • Interpersonal Skills
  • Good analytical skills
  • Ability to communicate effectively.
  • Good understanding of Medical Insurance products
  • Knowledge of Reinsurance Treaty, Facultative wording and Reinsurance Slips preparation.

Qualifications

  • A Bachelor’s degree in a Business-related course (Risk Management, Insurance, Actuarial)
  • ACII or AIIK insurance qualification
  • Proficient in the use of Microsoft Office Suite and packages

Relevant Experience

  • Must have a minimum of 5 years’ experience in the Reinsurance field.

Sales Training and Recruitment Executive

Job Ref. No: JHIL069

Role Purpose

The job holder will be responsible for developing and implementing training programs for the intermediaries as well as recruiting and onboarding new intermediaries

Main Responsibilities

  • Designing and delivering training programs for intermediaries.
  • Conducting regular training sessions for all intermediaries.
  • Recruiting, interviewing, and onboarding new intermediaries while ensuring they receive adequate training and support.
  • Measuring effectiveness of training programs and making improvements as needed.
  • Building and maintain relationships with key stakeholders and the regulators.
  • Working with the compliance department in line with intermediary trainings.

Key Competencies

  • Customer Service
  • Leadership skills
  • Interpersonal skills
  • Communication skills
  • Good understanding of regulatory requirements and industry standards

Qualifications

  • A Bachelor’s degree in a Business-related course
  • ACII or AIIK insurance qualification
  • Professional Training qualification will be an added advantage
  • Proficient in the use of Microsoft Office Suite and packages

Relevant Experience

  • Minimum of 4 years’ experience in a similar role

Assistant Manager – Intermediary Operations

Job Ref. No: JHIL070

Role Purpose

The job holder will be responsible for developing and implementing training programs for the intermediaries as well as recruiting and onboarding new intermediaries

Main Responsibilities

  • Overseeing the day-to-day operations of intermediaries and ensuring they are receiving efficient and effective services.
  • Building and maintain strong relationships with intermediaries and other stakeholders.
  • Providing support and guidance to intermediaries on operational and regulatory matters.
  • Developing and implementing policies and procedures to ensure the effective and efficient operation of intermediaries.
  • Continuously identify and implement process improvements to enhance operational efficiencies and to reduce cost.
  • Monitoring and analyzing performance data to identify areas for improvement and implementing changes as necessary.
  • Ensuring compliance with regulatory requirements and industry standards.
  • Collaborating with other departments to resolve operational issues and improve processes.
  • Working with the training person to develop training programs for intermediaries on new products, processes, and procedures.
  • Participating in the development of new products and services and the implementations of changes to existing ones.
  • Identify, assess, and manage operational risks ensuring that appropriate controls are in place to mitigate those risks.
  • Build and maintain relationships with key stakeholders to ensure smooth and effective operations.
  • Providing regular reports and updates to management on the performance of intermediaries.

Key Competencies

  • Skills: leadership, interpersonal, communication, analytical, decision making and problem solving
  • Good understanding of regulatory requirements and industry standards

Qualifications

  • A Bachelor’s degree in a Business-related course
  • Insurance Professional qualification
  • Proficient in the use of Microsoft Office Suite and packages

Relevant Experience

  • Minimum of 4 years’ experience in a similar role

Method of Application

If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the Job Reference Number and Position by 18th April 2023

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