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  • Posted: Apr 19, 2023
    Deadline: Apr 26, 2023
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    Old Mutual Kenya is based in Nairobi and is part of a larger group that offers solutions in long-term savings, asset management and investment. We offer solutions to individuals and corporates underpinned by our core values which are: Respect, Integrity, Accountability and Pushing beyond boundaries.
    Read more about this company

     

    Assistant Underwriting Manager - Speciality Business and Product Development

    Job Description

    • The incumbent will be responsible for all the specialty line of business activities, ensure achievement of set business targets, and promote growth .
    • Ensure continuous product review and development of new products ion line with the company risk appetite
    • Ensure profitable growth of specialty classes including but not limited to Trade Credit, large infrastructure projects, Power generation projects, Events Insurance, Kidnap &  ransom, Oil and gas.
    • Design a product review plan  to ensure products remain relevant in the market
    • Formulate and implement product development strategy , champion  and take leadership of General  insurance product development.
    • Participate in negotiations and discussions on prospective business in growth of business in this area
    • Prepare  quotations as per the company’s standards of service and authority level matrix and follow through to conclusion
    • Ensure timely capturing and issuance of documentation for all business relating to these classes.
    • Prepare various periodic reports on the area of operation
    • Daily servicing of clients to nurture the relationship between the company and our customers
    • Initiate and follow with Insurance Regulatory Authority (IRA) authority  and Reinsurance department to ensure placement of all business outside the existing treaty programs.

    QUALIFICATIONS, SKILLS AND COMPETENCIES

    Qualifications:

    • 1st Degree
    • At least 5 papers ACII or equivalent

    Experience:

    • 5 years

    Skills and Competencies:

    • Good product knowledge and technical skills
    • Excellent communication and negotiation skills
    • Excellent interpersonal relations skills
    • Extensive networking with corporate organizations and general intermediaries
    • Good analytical skills

    go to method of application »

    Business Development Officer - Corporate Sales

    Job Description

    To oversee all business development activities, achievement of set business targets, promote growth while ensuring amicable mutually beneficial business relationship with our clients/ intermediaries.

    • Implement the business development plan 
    • Prepare quotations, and authorize within specified limits
    • Follow up on quotations to close business and to get feedback
    • Facilitate product presentations
    • Prepare BD activity reports
    • Assist in development and implementation of new products
    • Daily servicing of clients to nurture the relationship between the company and our customers
    • Ensure premium collections for business closed
    • Solicit for quotation requests, facilitate the quotation process to increase the conversion rate
    • Establish and cultivate relationships with intermediaries and clients.
    • Use and update CRM and Pipeline tool on a daily basis with activities undertaken by self or as advised by the Sales manager
    • Represent UAP in business development meetings with prospective clients.
    • Attend to arising customer service issues in Health business
    • Assist in selection and recruitment of agents
    • Collect market intelligence

    Competences

    • Presentation skills.
    • strong analytical skills
    • Working knowledge of Ms office.
    • Strong verbal and written communication skills
    • Passionate and results driven.
    • Able to work with minimum supervision

    Qualifications

    • Bachelor’s degree.
    • Progress towards ACII or equivalent
    • Minimum of 1 year in Business Development preferably in the Insurance Industry

    Method of Application

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  • Send your application

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