CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi
PURPOSE:
Responsible for providing leadership and strategic direction to deliver growth and underwriting profitability through proper selection and adequate pricing of risks for the subsidiary.
PRIMARY RESPONSIBILITIES:
- Review the risks accepted in the company to ensure they are within the set underwriting guidelines and are covered under the reinsurance program.
- Develop and advice management on the appropriate reinsurance programs.
- Issue and approve quotations within specified limits.
- Provide input on product development and business innovation initiatives to ensure continuous review of existing products to meet changing market needs.
- Manage policy documentation process to achieve timely issuance of cover, debits, policy documents and endorsements.
- Manage renewal process to achieve the set turnaround time and retention.
- Co-ordinate underwriting activities to ensure quality and excellent customer service.
- Review and submit compliance reports to the management and regulators.
- Review existing risks, recommend and implement risk mitigation measures.
- Review of departmental business processes and systems to meet the changing business needs and client expectations.
- Engage intermediaries and other business partners in order to grow the business.
- Manage strict application and enforcement of the credit policy and debt management structure and procedures.
- Develop, circulate and regularly update underwriting guidelines.
Academic and Professional Requirements
- Bachelor’s degree in a related field and a Master’s degree an added advantage E
- Professional Qualifications ACII or AIIK D
Experience Required:
- 8 years Relevant experience
