Assistant Manager Local Business at Kenya Reinsurance Corporation Limited (Kenya Re)

Job Description

ASSISTANT MANAGER LOCAL BUSINESS – GRADE KRC 3C REF NO: KRC/HR/2025/002

Reports to: Manager- Local Business

Job Purpose.

This job role is responsible for Assisting the Manager in organizing and coordinating underwriting activities within the Department with a view to meetingproduction/profitability targets
Primary Responsibilities

Duties and responsibilities at this level will entail: –

Responsible for revenue growth and profitability of treaty and facultative book.
Reviewing clients’ business proposal and offers.
Reviewing adequacy of conditions imposed on different types of reinsurance proposals, drawing up agreements and compiling contract wording according to Kenya Re’s best practises and retrocession treaty terms.
Liaising with specialists such as risk surveyors, loss adjustors, actuaries and engineers for risk assessment.
Rating, underwriting and monitoring performance of non-life reinsurance accounts within the corporate underwriting guidelines
Responsible for technical statistics for management, needed in decision making
Managing the relationship with existing new or prospective contacts.
Identify initiatives to generate interests in cedants for profitable business development.
Marketing the business to both existing and potential markets.
Ensure prompt responses to queries from cedants and brokers on statement of accounts, facultative and claim settlements.
Analyse portfolio performance per market, class, cedants and contract.

Person Specifications

Academic Qualifications

Bachelor of Commerce or business-related degree
Master’s degree in any field or equivalent from a recognized institution will be an added advantage.
Professional Qualifications

Diploma in Insurance in (AIIK)
Member of recognized professional with the Association of Insurance Institute of Kenya (AIIK) or (ACII).
Fulfilled the requirements of Chapter six of the constitution.

Experience

At least ten (10) years of work experience with 5 years in managerial/supervisory role

Other Requirements

Possess excellent interpersonal and communication skills.
Excellent planning organizing, problem solving and ability to work under pressure to meet deadlines.
Team player with excellent analytical and presentation skills.