African Reinsurance Corporation
Societe Africaine De Reassurance
(Africa RE)
Career Opportunity
An International Financial Institution with Headquarters in Lagos (Nigeria), five Regional Offices in Casablanca (Morocco), Nairobi (Kenya), Abidjan (Cote d’lvoire), Port Louis (Mauritius), and Cairo (Egypt), as well as a subsidiary Company in Johannesburg (South Africa), a Local Office in Addis Ababa (Ethiopia) and a Retakaful Company in Cairo (Egypt).
Owned by 41 member States of the African Union (AU), the African Development Bank (ADB), the IFC (International Finance Corporation), the DEC (German Development Financial Institution), FMO (Dutch private sector financing company), PROPARCO (Subsidiary of theAgence Francaise de Developement) and 107 insurance and reinsurance companies across the African continent, invites applications from suitably qualified individuals who are nationals of Africa Re member States to fill the position of an Underwriter in its Nairobi Regional Office:
Job Details
This position is for a non-life underwriter who will manage a portfolio of accounts (treaties and facultative) of cedants in East Africa.
Grade and Duties
The post is a PS 2 grade with possibilities of advancement in the Organizational chart and the Corporation. Attached to the Regional Director, the successful candidate will have the direct responsibility of underwriting and development of the portfolio he/she is in charge of.
As such the duties of the Underwriter shall comprise:
§ Negotiation and renewal of contracts
§ Portfolio management and business relations
§ Monitoring premium and claims payments
§ Visiting Clients
§ Progress reports
Location
The successful candidate shall be based in Nairobi (Kenya) with the possibility of redeployment to any of the regional offices and susidiaries within the Africa Re Group.
Main Competencies required for this position
§ Good skills in business software tools: Word, Excel, Power Point, RMS.
§ Very good technical knowledge of the classes of business (underwriting and claims)
§ Good knowledge of reinsurance and retrocession.
§ Good reporting skills.
§ Good supervisory skills.
Behavioral Competencies
§ Capacity for analyzing and reasoning
§ Capacity for planning
§ Ability to train subordinate
§ Capacity for taking initiatives and decision
§ Ability to foster cordial relationship with cedants and colleagues
§ Should be of high Integrity and have good sense of responsibility
§ Should be fluent in one of the working languages (English/French) of the Corporation
§ A good working knowledge of the second language shall be an added advantage.
Qualifications and professional Experience
This position is a PS 2 grade and applicants shall be holders of:
§ First University degree in relevant field plus Masters plus 5 years post qualification relevant qualitative work experience
or
§ First University degree in relevant field plus full professional qualification plus 5 years post qualification relevant qualitative work experience
or
§ First University degree in relevant field plus 9 years post qualification relevant qualitative work experience;
§ A post graduate degree in insurance would be an added advantage, plus relevant work experience in a Reinsurance company or in the department of Reinsurance of an insurance company.
Interested candidates are requested to visit the Africa Re website at www.africa-re.com for more information on the required qualification and remuneration.
Applications should be sent to the following address: vacancy@africa-re.com
Closing date for applications is 29 July 2011.You can now click on this link www.careerstom.com to visit our career centre for a more incisive advice from experts.
