Monarch Life Insurance Jobs Kenya.
TheMonarch Insurance is a fast growing business under the Monarch group ofcompanies.
Our values are to uphold professionalism and integrity; to provide qualitycustomer care in service provision whilst having social responsibility and teamspirit in all our operations.
We are looking for ambitious, self-driven candidates to fill the followingpositions:
Our values are to uphold professionalism and integrity; to provide qualitycustomer care in service provision whilst having social responsibility and teamspirit in all our operations.
We are looking for ambitious, self-driven candidates to fill the followingpositions:
1. Deputy Manager - Life
Reportingto the Agency Development Manager, the Deputy Manager-Life is responsible forensuring that Monarch fulfils its obligations of assuming insurable risks ofits Life insurance customers.
The successful candidate will be charged with the following accountabilities:-
Ensure that the turnaround time is met; maintain high renewal retention, newbusiness acquisition and development of new productsThe successful candidate will be charged with the following accountabilities:-
Direct involvement in business follow ups for existing clients and makingdecisions on renewal terms to apply based on past performance
In charge of the pension administration to ensure schemes are compliant withthe RBA regulations
Prepare quotations for new business and renewal for all life divisions (GroupLife, Credit Life and ordinary life), issue of policy documents, oversee thetendering process and write all the Life Insurance policies that cover the risksinsured
Oversee claims settlement for all life divisions and establish the claims to berecovered from reinsurers
Maintain communication with agents, brokers, and other stakeholders to obtainfurther market information, quote rates, or explain the company’s underwritingpolicies
Enhance quality service delivery and boost customer satisfaction by ensuringthat the life department is professionally managed
Experience and Qualifications
BachelorsDegree (Statistics, Actuarial Science, Insurance or Commerce)
At least 5 years experience in the insurance sector
ACII (Associate of Chartered Insurance Institute of London) qualifications orpart qualification in CPA, CFA or ACCA
Technical competence in Underwriting Life Insurance Risks
Ability to analyse and interpret statistical data
Basic knowledge in Accounts, Taxation, insurance legislation
Knowledge of IRA, RBA,KRA regulations
Good MS Office skills
Possess strong interpersonal, communication and negotiation skills
Self driven individual with impeccable integrity
At least 5 years experience in the insurance sector
ACII (Associate of Chartered Insurance Institute of London) qualifications orpart qualification in CPA, CFA or ACCA
Technical competence in Underwriting Life Insurance Risks
Ability to analyse and interpret statistical data
Basic knowledge in Accounts, Taxation, insurance legislation
Knowledge of IRA, RBA,KRA regulations
Good MS Office skills
Possess strong interpersonal, communication and negotiation skills
Self driven individual with impeccable integrity
2. Branch Manager - Meru
Reportingto the Marketing Manager, the Branch Manager is responsible for theadministration and efficient daily operation of a full service branch office,including operations, growth of the Meru branch through product sales, customerservice, and security and safety in accordance with the Company's objectives.
The Branch Manager will be charged with the following accountabilities:-
Responsible for marketing Life & General business to ensure the Meru branchgrowth, development and profitability, by effective implementation of companyprocedures and guidelines to meet company objectives
Administer branch activities in accordance with the company policy
Prepare and send branch performance report to the main office and give updatesof the business status of the branch
Determine and develop the annual budget for the daily expenses of the branch
Perform marketing and public relations activities to create business awareness
Identify new marketing Initiatives through designing marketing and salesstrategies
Research on any new issues or regulations to ensure that the branch is in linewith current market developments and best practices
Issue new insurance policies and renewal of the existing policies as need arise
Maintain communication to agents, brokers, and other stakeholders to obtainfurther market information, quote rates, or explain the company’s underwritingpolicies
Handle all human resource administrative issues of the branch staff regardingsupervision, stationery requisition, and departmental requirement on staffing,appraisals, training, discipline and annual leave
The Branch Manager will be charged with the following accountabilities:-
Responsible for marketing Life & General business to ensure the Meru branchgrowth, development and profitability, by effective implementation of companyprocedures and guidelines to meet company objectives
Administer branch activities in accordance with the company policy
Prepare and send branch performance report to the main office and give updatesof the business status of the branch
Determine and develop the annual budget for the daily expenses of the branch
Perform marketing and public relations activities to create business awareness
Identify new marketing Initiatives through designing marketing and salesstrategies
Research on any new issues or regulations to ensure that the branch is in linewith current market developments and best practices
Issue new insurance policies and renewal of the existing policies as need arise
Maintain communication to agents, brokers, and other stakeholders to obtainfurther market information, quote rates, or explain the company’s underwritingpolicies
Handle all human resource administrative issues of the branch staff regardingsupervision, stationery requisition, and departmental requirement on staffing,appraisals, training, discipline and annual leave
Experience and Qualifications
BachelorsDegree in commerce
At least 5years experience in the insurance sector
ACII (Associate of Chartered Insurance Institute of London) qualifications
Technical competence in underwriting insurance risks claims handling
Ability to analyse and interpret statistics and statistical data
Good knowledge of the insurance industry and country laws
Knowledge of insurance laws and regulations by AKI,IRA RBA,KRA
Basic MS office skills
Possess strong interpersonal, communication and negotiation skills
Self driven individual with impeccable integrity
Interested candidates should forward their CV in MS Word format, by 30thSeptember 2011 stating the position they are applying for, their email address,day time telephone contact and names and addresses of three referees to: hr@themonarchinsco.com
Only short listed candidates will be contactedAt least 5years experience in the insurance sector
ACII (Associate of Chartered Insurance Institute of London) qualifications
Technical competence in underwriting insurance risks claims handling
Ability to analyse and interpret statistics and statistical data
Good knowledge of the insurance industry and country laws
Knowledge of insurance laws and regulations by AKI,IRA RBA,KRA
Basic MS office skills
Possess strong interpersonal, communication and negotiation skills
Self driven individual with impeccable integrity
Interested candidates should forward their CV in MS Word format, by 30thSeptember 2011 stating the position they are applying for, their email address,day time telephone contact and names and addresses of three referees to: hr@themonarchinsco.com
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