- Regional Director
- Underwriter in the Nairobi Regional Office
positions of Regional Director and Underwriter for the Regional Office in Nairobi, Kenya.
1. Regional Director
Job Objectives: To lead a team of underwriters and allied professionals to successfully implement the Corporation’s underwriting and business development strategies in the East Africa region in order to ensure that the production, profitability and cash flow targets are realized.
Grade Level: The grade level of this job is ES 1 with possibilities of advancement in the Corporation’s organization chart. The incumbent shall report directly to the Deputy Managing Director (Operations).
Duties and Responsibilities
The successful candidate for this position will have the direct responsibility for the following:
- Developing successful strategies for business growth while maintaining combined ratios and cashflow within set targets.
- Monitoring economic trends in the operating environment and positioning the office accordingly in order to meet the Corporate goals within the framework of the underwriting manual and the operating guidelines.
- Reviewing and executing resource levels required to meet the competition and ensuring that necessary budgetary provisions are made and executed to meet the exigencies of business,
- Ensuring an environment of readiness and productivity by orchestrating the supportive social environment that will attract, motivate and retain the best staff so that the Corporation will remain competitive.
- Overseeing the management of the unit heads including Finance and Accounts function as well as ensuring the competitiveness in the relevant areas of life and non-life,
- Coordinating corporate affairs and social responsibility activities in such a way that the Corporation will be viewed favourably in its environment, and turning the positive views into more business opportunities for the Corporation.
- Carrying out any other assignment given by Management.
- First University Degree plus Masters in relevant field plus 11 years relevant qualitative work experience or
- First University Degree plus full relevant professional qualification plus 11 years relevant qualitative work experience or
- First University Degree plus over 14 years post qualification relevant qualitative work experience
- Not more than 50 years old;
- Note: Experience in the Reinsurance industry will be a distinct advantage
2. Underwriter in the Nairobi Regional Office
Job Objectives: This position is for an Underwriter who will manage a portfolio of accounts (treaties and facultatives) of cedants in East Africa
Grade level: The grade level of this job is PS 2 with possibilities of advancement in the Corporation’s organization chart. The incumbent shall report directly to the Assistant Director, Operations (ADO).
Duties and Responsibilities
The successful candidate for this position will have direct responsibility for the underwriting and development of the
portfolio he/she is in charge, including
- negotiation and renewal of contracts,
- risk rating and analysis,
- portfolio management and business relations,
- monitoring premium and claims payment,
- visiting clients;
- Performance reports.
- First University Degree plus Masters plus 5 years post qualification relevant qualitative work experience; or
- First University Degree plus full professional qualification plus 5 years post qualification relevant qualitative work experience; or
- First University Degree in relevant field plus 9 years post qualification relevant qualitative work experience
- A postgraduate Degree in insurance would be an advantage, plus relevant work experience in a reinsurance company or in the department of reinsurance of an insurance company.
- Experience in the Reinsurance industry and a good command of Africa Re working languages will be a distinct advantage
- Not more than 45 years old;
- Note: Experience in the Reinsurance industry will be a distinct advantage
Additional requirements for candidates for these positions:
Applicants must be:
- Nationals of member States of Africa Re;
- Should be of high integrity and dependable;
- Should be Fluent in one of the two working languages (French or English) of the Corporation. However, a good knowledge of the second language will be an added advantage.
- Proficiency in the use of computer office applications in word processing, spread sheet and presentation.
- Working knowledge in insurance and reinsurance packages will be an advantage.
Applications, together with full curriculum vitae and one passport size photograph, should be sent to the following address:
The Managing Director
African Reinsurance Corporation
Africa Re Building
Plot 1679, Karimu Kotun Street,
Victoria Island
PMB 12765
Lagos, Nigeria
Tel: (234 – 1) 2800924/2800925/4616820,
Fax: (234 – 1) 2800074
E-mail: vacancy@africa-re.com
Further information on this job vacancy could be found on our w ebsite www.africa-re.com
Closing date for applications is 31 May 2010.
