General Manager – Life Insurance Business

Our client, a licensed composite insurance underwriter is seeking to hire a General Manager – Life Insurance Business to be based in Nairobi. The ideal candidate will be required to Direct, Coordinate and grow the Life Insurance Business by identifying new business opportunities in this line and building positive and lasting relationships between the company and its business partners. The ideal candidate should have over 10 years relevant experience; 5 at a Senior Management level, AIIK/ACII/FMLI qualifications and an MBA/Masters.

Key Responsibilities:

Responsible for Directing, Coordinating & growing the Life Insurance Business; identifying new business opportunities.
Building internal capability, awareness and knowledge of insurance within Superannuation.
Evaluate current business processes and systems; conducting strategic analysis of the company.
Review financial statements, sales and activity reports and other performance data to measure productivity & goal achievement.
To determine areas needing cost reduction and program improvement.
Participate in the development & preparation of short-term and long-range plans based on the strategic plans & objectives.
To manage life business operations in line with the company’s policies and guidelines.
Spearhead the development, communication and implementation of effective growth strategies and processes.
Provide leadership for management of the life fund and pension business in tandem with the regulatory requirements.
Continuously propose the basis and scope of new insurance products and pricing of life products for market competitiveness.
Promote a culture of high performance and continuous improvement that values learning and commitment to quality.
Put in place control mechanisms that enable achievement of high levels of customer satisfaction.

Qualifications:

Must have a Bachelor of Commerce or Graduate with Business, Insurance or Actuarial degree.
Must have ACII /AIIK or equivalent qualification.
Must have experience in Life Insurance Business.
Must have At least 10 years relevant working experience; 5 of which must be at a Senior Management level.
Specialist training in Life Business Underwriting and Claims Management.
Strong leadership skills, flexible, assertive and result driven.
Have a good understanding of the Insurance Act, AKI reports and conversant with the market trends.
Technical expert knowledge of insurance within Superannuation.
Current legislation surrounding both life insurance and how this applies to insurance within Superannuation.
A technical understanding of insurance re-rates.
Proven ability to develop and implement business strategies.
Performance Reporting and Financial Management
Must be Computer literate. Proficient in insurance management software packages preferably ERP system.
Understand and implement processes and procedures.
Have a high sense of diplomacy, accuracy and attention for detail.
Business acumen, Strategic thinker with ability to make sound decisions for the business.
Ability to probe and negotiate with difficult customers, good at managing relationships.
Have good PR/interpersonal skills, have outstanding communication and reporting skills, problem analysis and listening ability.