Waica Reinsurance (Kenya) Vacancy annoucement - Senior Officer (technical)

August 19, 2024

Waica Reinsurance (Kenya) Vacancy annoucement - Senior Officer (technical)

Waica Re

Country: Kenya

Job: Senior Officer

Duties and responsabilites:

  • To analyze risks and make appropriate recommendations
  • Responsible for new and renewal premium in the region on assigned accounts for both treaty and facultative risks
  • To identify new production opportunities through research of new and existing markets, products and works
  • To process technical statements and facultative closings
  • Maintaining cash call schedule, ledgers and following up outstanding cash credits from cedants
  • Following up on outsanding premium for assigned accounts
  • To ensure that claims processing is done accurately and settled in a timely manner
  • Prepares reports prior to any marketing visit to ensure all clients' accounts are up to date
  • Handling client queries within his/her portfolio with a reponse time within 24 hours
  • To monitor and validate claims to ensure that only the genuine claims are paid
  • Where required, visiting, and engaging existing and potential customers including brokers regarding performance of the portfolio and opportunities
  • Ensure that treaty and facultative contracts are created accurately in the system
  • Assisting in reconciliations as may be required by cedants and brokers
  • Ensure that all the deadlines in the performance of various duties ans tasks set by management are met
  • Command of the reinsurance system including but not limited to keeding recors of business offered, declined, and accepted on SICs system
  • Run various underwriting/claims reports and contribute to system testing, ad hoc projects and research work

Qualifications and competencies:

  • University degree in commerce, actuarial science, or a business-related field
  • Minimum CII/AIIK Diploma
  • Minimum relevant experince at least 10 years' experience in a reinsurance or insurance company
  • Proficiency in analyzing financial data
  • Working knowledge of MS Office
  • Excellent oral and written communication skills
  • Detail oriented
  • Excellent interpersonal skills

Contact: kenyavacancy@waicare.com

Closing date for application: 23rd August 2024


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