NCBA Group Underwriting Manager Jobs in Kenya

NCBA Group Underwriting Manager Jobs in Kenya

Job Purpose Statement

Responsible for comprehensive underwriting & risk assessment strategy of the NCBA Bancassurance
Intermediary in liaison with partner insurance companies.

Key Accountabilities (Duties and Responsibilities)

Financial

Monitor and ensure recognition of all revenues relating to Bancassurance.

Negotiate on binders as well as different rates with insurance companies to create value to customers.

Adherence to the credit binder policy with regards to terms and Insurance rates.

Ensure timely production reconciliation to ensure the gross premiums align between NCBA BIL and the insurance companies.

Internal business processes

Drive negotiate on binders as well as different rates with insurance companies to create value for customers.

Reviewing all underwriting policy documentation to ensure the most comprehensive covers are availed to the bank’s clients

Safeguard the quality & adequacy of cover given to the clients

Provide technical inputs for all product contracts with underwriters.

Ensure policy documentation and processes are strictly adhered to, to ensure that the clients are adequately covered.

Conduct monthly production reconciliation with
underwriters and follow-up for remedial action.

Ensure that renewal notices are issued timeously

Undertake risk management of the agency’s portfolio including coordinating risk surveys for corporate customers, portfolio diversity management. Manage risks for individual client accounts for large customers e.g. Corporate customers, Bank’s portfolio

Oversee proper management of motor insurance
certificates and timely declaration with underwriters.

Ensure that all proposal

documents and risk notes are filled accurately and submitted to the underwriters

Confirm that policy documents are issued to the clients

Manage policy endorsement process for accuracy and appropriateness (Contras, Cancelations and Revisions)

Comprehensive analysis of proposals to ensure
competitiveness and sufficiency of cover on key accounts including Corporates/NCBA group policies/ Business
partners.

Customer

Achieve a robust departmental internal customer satisfaction rating by guiding and ensuring the team lives the Bank’s Values.

Learning and growth

Formulate proper succession plans for key roles and career development for direct reports.

Management of individual and direct reports leave as per HR policy.

Develop and agree performance objectives, standards and targets.

Job Specifications

Academic: A Bachelor’s degree any Business related field.

Professional: Diploma in Insurance Management and/or other insurance qualifications

Desired work experience: 5 years working experience in insurance environment.

How to Apply

For more information and job application details, see; NCBA Group Underwriting Manager Jobs in Kenya

Find jobs in Kenya. Jobs - Kenya jobs. Search our career portal & find the latest Kenyan job positions, career opportunities & jobs in Kenya.

Jobs in Kenya - banking jobs, IT jobs, accounting jobs, NGO jobs, business administration, ICT, UN jobs, procurement jobs, education jobs, hospital jobs, human resources jobs, engineering, teaching jobs, and other careers in Kenya.

Find your dream job from 1000s of vacancies in Kenya posted and updated daily - click here!