Academic Qualifications**
- A Bachelor’s Degree in Actuarial Science, Statistics, Mathematics, Commerce (Insurance), Business Administration, or a related field.
Professional Qualifications****
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Associate of the Chartered Insurance Institute (ACII – London) or Associate of the Insurance Institute of Kenya (AIIK) or equivalent.
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Completion of a Supervisory Course lasting not less than two (2) weeks.
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Proficiency in computer applications and underwriting systems.
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Fulfilled the requirements of Chapter Six (6) of the Constitution of Kenya.
Experience****
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At least six (6) years of relevant work experience in insurance or reinsurance underwriting.
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Advanced expertise in treaty and facultative reinsurance.
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French language proficiency will be a distinct advantage.
Key Competencies**
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Excellent negotiation, communication, and presentation skills.
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Strong analytical and problem-solving abilities.
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Proven underwriting experience with analytical tools and statistical packages.
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Deep knowledge of reinsurance products, wordings, and market dynamics.
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Sound judgment, attention to detail, and confident decision-making
Underwriting & Risk Assessment
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Analyse, negotiate, and approve complex reinsurance treaties and facultative risks within approved authority limits.
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Utilize actuarial data, market trends, and financial analysis to determine appropriate premiums, terms, and coverage structures.
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Conduct thorough risk assessments and make informed acceptance/declination decisions.
Business Development & Stakeholder Management
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Build and maintain strong relationships with brokers, cedants, and retrocessionaires.
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Identify new business opportunities and provide market intelligence for strategic planning.
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Deliver excellent and responsive customer service to clients and brokers.
Portfolio Management & Analysis
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Monitor portfolio performance to identify growth and profitability opportunities.
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Reconcile accounts and verify treaty statements of accounts and facultative closings.
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Analyse emerging issues and support resolution of complex underwriting challenges.
Team Leadership & Development
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Mentor and train junior underwriters.
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Contribute to the development of underwriting policies and procedures.
Compliance & Governance
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Ensure all underwriting decisions comply with company policies and regulatory requirements.
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Perform any other duties as may be assigned from time to time.