Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.
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- Contents
- Open Jobs
- Underwriter Bancassurance - First Assurance Kenya
- Senior Underwriter - First Assurance Kenya
- Branch Accountant Mombasa - First Assurance Kenya
- Assistant Underwriter, Eldoret - First Assurance Kenya
- Method of Application
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience3 years
- LocationNairobi
- Job FieldInsurance 
Accountability: Operational Process Support
- Ensuring renewal notices with appropriate terms are sent 60 days to renewal.
- Policy document issuance within stipulated TAT.
- Assist claims department by providing the required documents and details immediately
- Approve and manage major quotations
- Ensure retention of existing accounts
- Assist in credit control
- Overseeing retention portfolio in line with business strategy.
- Controlling loss by assessing risk, conducting analysis and recommending policy solutions
- Identifying portfolio risks resulting from client’s underlying business practices, underwriting investigations or fraud exposure.
- Coordinating with internal stakeholders to initiate marketing strategies and meet market penetration and business growth objectives.
- Supporting review, acceptance or denial of new or renewal business after carefully reviewing all information.
- Proactively address escalated customer issues.
- Driving growth through collaborative engagements with various distribution channels, insurance brokers, agents, banc assurance with enhanced service accessibility & client reach.
- Meeting with customers, agents and brokers to negotiate coverage, price and service delivery.
- Calculating group and individual renewal rates based on customers’ background, industry and demographic information.
- Providing high level of assistance to help with review, classification, and rating of applications.
- Offering friendly and efficient service to customers, handling challenging situations with ease
Education and Experience Required:
- Bachelor’s degree in insurance or business-related field
- Progress in Insurance Professional Qualification or Actuarial
- At least 3 years’ experience in underwriting
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience5 years
- LocationNairobi
- Job FieldInsurance 
Accountability: Operational Process Support
- Supervise the assigned underwriting team to ensure the Key Departmental deliveries.
- Create strong underwriting technical capacity to enable implementation of the Company strategy
- Ensure risks are properly underwritten as per the company’s underwriting guidelines and within prescribed mandates.
- Ensure retention of existing business by timely invitation of renewals
- Posting Underwriting transactions and other related tasks within the prescribed timelines
- Receive Risk Notes, Issuing Debit notes, and Policy Documents
- Processing policy documents for the new businesses
- Assist in Processing Loss ratio reports and review business performance
- Assist claims department by providing the required documents and details immediately
- Ensure 100% adherence to the debt management guidelines.
- Customer and Intermediary Relationship management
Education and Experience Required:
- Bachelor’s degree in insurance or business-related field
- Insurance Professional Qualification
- At least 5 years’ experience in underwriting
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience3 years
- LocationMombasa
- Job FieldFinance / Accounting / Audit 
Accountability: Operational Process Support
- Debt management – Branch
- Facilitate and follow up on cancelations in the branch.
- Account reconciliation on branch accounts.
- Account allocations.
- Receipting
- Petty cash management
- Any other duties
Education and Experience Required:
- Degree – Business and/or Finance field.
- CPA will be an added advantage.
- 3-years’ experience in finance insurance industry
- Job TypeFull Time
- QualificationBA/BSc/HND
- Experience1 year
- LocationEldoret
- Job FieldInsurance 
Accountability: Operational Process Support
- Attend to customers and intermediaries’ questions.
- Reconciliation of clients’ accounts department.
- Follow up on renewals.
- Processing policy documents for the new businesses
- Invite and dispatch renewal notices.
- Issue endorsements. i.e renewal, additions, and deletions.
- Issue motor certificates, marine certificates, and yellow cards
- Assist to Process Loss ratio reports and review accounts performance.
- Assist claims department by providing the required documents and details within the prescribed TATs.
- Ensure retention of existing accounts
- Adhere to the debt management guidelines.
Education and Experience Required:
- Bachelor of Commerce (Insurance Option) degree, or a related business degree, from a reputable university.
- At least one year experience in a busy underwriting department
Method of Application
Use the link(s) below to apply on company website.