Jobs at KCB Bank Kenya

The Position:

Reporting to the Underwriting and claims manager, the position is responsible for administration of captive business and all other underwriting matters within KCB Bancassurance Intermediary.

Key Responsibilities:

1. Close collaboration with underwriting analyst on captive business data and its correctness.
2. Ensure timely resolve and closure of Underwriting ECRM cases
3. Timely Business processing as per the laid down procedures and strict adherence to the credit policy.
4. Provision of monthly underwriting reports
5. Monthly underwriter engagement and weekly departmental meetings
6. Ensuring reconciliations are done monthly between the underwriter and KCBIA
7. Ensure all proposal forms are duly filled before cover placement with underwriters, whilst following up on policy documents and cover notes within the agreed SLA’s
8. Offer technical guidance and general underwriting support to Branch Insurance Teams
9. Continuous assessment of underwriting risk and monthly update of the risk and compliance registers
10. Work closely with the insurance partners and commercialization department in product development and subsequent cover placement

The Person:

For the above position, the successful applicant should have the following:

1. Bachelor’s degree in a business-related field from a recognized university.
2. A Diploma in insurance.
3. At least 3 years’ progressive experience in a busy Insurance environment with at least 2 years’ experience at a supervisory level.
4. Commercial Awareness.

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The Position:

Reporting to the Senior Manager-Corporate business, KCB Insurance Agency (KCBIA), the position is responsible for Establishment of scope and adequacy of insurance covers for all policies presented to the Bank particularly for corporate clients, and independently carrying out risk surveys or in liaison with Underwriters for properties/establishments/projects having Bank interest or insured through KCBIA.

Key Responsibilities:

1. Assessing risk levels on insured or properties proposed for insurance including but not limited to moral & physical hazards, claims history, any special perils and recommendations thereby.
2. Manage and ensure proper scope and sufficiency of insurance policies held by the Bank.
3. Develop and implement strategies to drive more insurance business through up sales and cross sales.
4. Ensure business retention/acquisition by daily monitoring of expiring financed policies, ensuring advance renewal engagements, giving relevant advice and timely reporting
5. Maintain an up-to-date register of all facilities with appropriate valuation/risk survey details at any given time and ensure timely revaluation/progress reports for projects
6. Help in training all stakeholders and expend appropriate knowledge in identification of insurance opportunities from the Bank’s insurance registers
7. Partnering with other professionals, keep up to date with technical/legislation aspects affecting risks e.g. trade processes, hazardous materials and environmental/sustainability declarations/treaties/legislation
8. Conduct safety programs to staff and corporate clients on safety standards and regulations
9. Analyze claims trends/feedback, engage on complex/technical claims in liaison with the underwriting/claims manager for high retention and attraction of new business
10. Share and discuss survey reports with different stakeholders as and when require

The Person:

For the above position, the successful applicant should have the following:

1. Bachelor’s degree in Engineering, Risk Management, or related field from a recognized university.
2. A Professional Insurance qualification (CII/IIK).
3. At least 3 years’ experience in Sales/Business Development/Technical role from a reputable insurance player and/or Loss adjustments/Risk surveying for insurance purposes.
4. Commercial Awareness.