Vacancies at Britam

Job Purpose: 

Recording of all transactions for Britam Asset Managers Company, Unit Trust Funds and Alternatives and ensure that other procedures and process are carried out within the set guidelines and targets for Kenya and Uganda as assigned.

Key responsibilities:

• Preparation of the financial reports for various entities in Kenya and Uganda including the Companies, Unit Trust Funds
  and Alternatives.
• Preparation of the valuation reports for the investment assets for the investment funds and any other products in line with both the IFRS requirements and the various valuation models for the different funds.
• Posting all the journals into the general ledger and cash book entries for the various entities as assigned
• Undertake bank reconciliations for all the entities as assigned.
• Ensure that there is data integrity by preparation of all reconciliations in a timely manner.
• Posting all the transactions entries, accruals and other end month adjustments/ closing entries for the various entities.
• Processing of payments including commissions and other supplier payments within the proper procedures to minimize risk to the company.
• Facilitate both internal and external audit into financials of the various entities.
• Comply with statutory and other relevant regulatory bodies both in Kenya and Uganda.
• Delegated Authority: As per the approved Delegated Authority Matrix.

Knowledge, experience and qualifications required:

• Bachelor of Commerce (Accounting) or its equivalent. 
• 5-8 years’ experience in busy finance environment in Fund management industry. 
• Professional accounting certification e.g. CPA K or equivalent.

Technical/ Functional competencies:

• International Financial Reporting Standards (IFRS). 
• Financial Accounting.
• Preparation of Financial Statements. 
• Analytical –highly analytical and ability to challenge status quo based on quantitative facts and impacts. 
• Report writing-ability to develop reports.

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Job Purpose: 

Providing assistance to the General Manager - Health in implementing the Underwriting & Retention philosophy

Key responsibilities:

• Implement underwriting philosophy, strategy, process, and guidelines for medical insurance business to ensure profitability and achievement of the set loss ratio targets.
• Analyse proposed risks and make decisions to accept or reject.
• Determine the rates and terms to charge, assist in the Rating for large and moderate risks.
• Ensure risk survey recommendations are communicated in time and follow up implementation.
• Ensure compliance to the company credit policy.
• Manage company records and ensure proper filing of client information both manual and electronic
• Delegated Authority: As per the approved Delegated Authority Matrix
• Perform any other duties as may be assigned from time to time.
• Build and manage relationships with brokers, agents, and other intermediaries.
• Monitor market trends and competitor activities to stay informed about industry developments and Stay updated on changes in laws and regulations that may affect client retention efforts.
• Work closely with sales, marketing, actuarial, and claims departments to align underwriting and retention strategies with
  business goals.
• Proactively manage the policy renewal process to ensure timely renewals and minimize lapses in coverage.
• Review and negotiate renewal terms and conditions with clients to retain their business.
• Develop and implement strategies to improve client retention rates.

Knowledge, experience and qualifications required:

• Bachelor’s degree (insurance option preferred).
• Professional qualification in Insurance (ACII or IIK).
• 6-8 years’ experience in medical underwriting.
• Proven experience in managing and nurturing client relationships.
• Track record of achieving client satisfaction and retention targets.

Technical/ Functional competencies:

• Knowledge of insurance regulatory requirements. 
• Knowledge of insurance products.
• Inter Personal,Relationship and Customer Relation Skills.