Britam Reinsurance and Underwriting Assistant (Life) Job in Kenya

Excellent Career Opportunity
Britam is a leading financial services organization with global presence.  Our vision is “To be Your most trusted financial services partner”. We seek to offer superior insurance and asset management services to individuals, business corporations and non-governmental organizations.

As part of our growth strategy and to strengthen the team to achieve our ambitious performance objectives, we are seeking to fill the following positions with individuals who are proactive, self driven and who can apply their knowledge, diligence, and experience to contribute to the achievement of our mission which is to delight our customers with outstanding financial services.

Reinsurance and Underwriting Assistant – Life

Reporting to the Asst. Manager Group Life Underwriting & Reinsurance and Supervisor – Ordinary Life the incumbent will be required to correctly cede Individual Life Reinsurance cession at the end of every quarter and also to evaluate risks correctly and ensure that the correct amount of Reinsurance premium (will be) paid.

Key Responsibilities

  • Ensures that all policies that require reinsurance have been advised to the Reinsurer on time.
  • Ensure that all reinsurance processes are timely done at the end of every quarter. Initiate end of the year profit commission calculations.
  • Liaise with the Reinsurer on quarterly returns and ensure the quarterly accounts are correctly done.
  • Underwrites risks within own authority online and prepares assessment of cases falling above own authority for approval by the supervisor.
  • Ensures that processing of applications and issuance of policy documents is done without delay and in consistent with company policies and standards.
  • Ensure franking machines are loaded and working properly in all agencies.
  • Ensure medicals in the system are indexed and easily linked to the related applications.
  • Online Issuance of ordinary life policies.
  • Handles customer complaints and advice decisions regarding policy issues and other related matters.
Qualifications, Knowledge, Experience
  • A degree from recognized university – Actuarial science is an added advantage
  • Progress in professional studies such as actuarial qualification, ACII/LOMA would be desirable
  • Computer knowledge – MS-Word, MS-Excel, MS- Access
  • Good communications skills
If your career aspirations match this exciting opportunity, please submit your detailed curriculum vitae and covering letter explaining how you would meet the demands of this challenging position giving full names, contacts and e-mail address of 3 referees to

Hard copies will not be accepted

Applications should be received not later than 9th November 2012.

Only shortlisted candidates will be contacted.

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Updated: October 27, 2012 — 8:45 am