Risk Manager - Insurance

Job responsibility:

- Discuss and agree the insurance terms, policies conditions and pricing with the clients, insurers and reinsurers and brokers.

- Assessing documents to identify the level of risk and related information to make an effective assessment.

- Carefully drafting and reviewing the insurance policies, forms, applications and pointing out any discrepancies.

- Relationship management with insurance companies, brokers and other insurance professionals including underwriting and actuarial.

- Maintaining an elaborated and correct documentation of the decisions taken and policies underwritten.

- Identify opportunities to improve customer experience and reduce underwriting and operational costs.

- Manage book of business to achieve desired underwriting profitability.

- Oversight of program management and compliance to regulations and market practice ensuring compliance with Central bank and Insurance Commissions.

Skills Required

- Analytical skill is a must as the person needs to scrutinize credit ratings, driving records, comparison of similar policies with meticulous eye for details.

- Regular review and analyze the business portfolio and take action where necessary to ensure profitability.

- Regular review the policy wordings and product offer.

- Prepares pricing/rate reviews using internal and external data sources.

- Knowledge in insurance related computer softwares is an added advantage.

- Sound knowledge and experience in all aspect of pricing ability to provide advice to senior level management on technical matters

- Ability to develop and execute the strategic direction for the department

- Strong planning and organization skills.

- Strength of character to raise and communicate issues or recommendations

- Computer literacy in word, excel and power point

- An appetite for growth and personal development.

- Knowledge in reinsurance is an added advantage