Monarch Insurance Vacancies

The Monarch Insurance is a fast growing business under the Monarch group of companies.

Our values are to uphold professionalism and integrity; to provide quality customer care in service provision whilst having social responsibility and team spirit in all our operations.

We are looking for ambitious, self-driven candidates to fill the following positions:

1. Underwriting Manager

Reporting to the Managing Director, the Underwriting Manager will be responsible for the management of the Underwriting Department, ensuring that the Company fulfils its obligations of assuming insurable risks of its customers and business development.

Key Tasks, Duties & Responsibilities

• Strategically lead and manage the Underwriting Department and ensure efficient delivery of services
• Review company records to determine amount of insurance in force on single risk or group of closely related risks and authorize reinsurance of policy when risk is high
• Evaluate risks being offered to the company for insurance with a view of accepting and accounting for those which meet the criteria and subsequently evidencing the acceptance in the various insurance contracts
• Direct involvement in business follow ups for existing clients and making decisions on renewal terms to apply based on past performance
• Maintain communication to agents, brokers, and other stakeholders to obtain further market information, quote rates, or explain the company’s underwriting policies
• Maintain customer relations management and enhance quality service delivery

Academic & Professional Qualifications & Experience

• Bachelors Degree in Social Sciences(Insurance or Business Administration)
• ACII (Associate of Chartered Insurance Institute of London) qualifications
• At least 5 years experience in the insurance sector
• Technical competence in Underwriting Insurance Risks
• Basic MS office skills

2. Unit Managers

Reporting to the Agency Development Manager, the Unit Managers will market the company’s life Insurance products and services in the designated areas of business (Nairobi, Kisii, Meru, Mombasa and Nakuru)

Key Tasks, Duties & Responsibilities

• To market the company’s products and services in the life Department
• To recruit new intermediaries and service existing ones
• To supervise, manage and motivate agents of the company for the purpose of soliciting, procuring and promptly submitting proposals for the Company products
• Assist in ensuring excellent customer service standards across the organization
• Organize forums and activities to market the company’s services
• To monitor, gather and report to the Agency Development Manager any useful marketing intelligence information
• Any other duties assigned to you from time to time

Academic & Professional Qualifications & Experience

• Degree in Social Sciences or Business Administration
• At least two years proven record of sales and marketing experience in life
• Certificate of Proficiency in Insurance
• MS Office skills

Interested candidates should apply by sending their CV and Cover letter in MS Word format to hr@themonarchinsco.com by 7th July 2011 stating day time telephone contact, names and addresses of three referees and current remuneration

Only short listed candidates will be contacted