Manager, Underwriting & Marketing at Africa RE

Responsibilities

• Reporting directly to the Regional Director, the Manager, Underwriting & Marketing will provide technical assistance to clients and manage the business relationship with all cedants and brokers in order to achieve profitability, liquidity, business growth and customer satisfaction on a sustainable basis in the Anglophone West Africa Region.

Duties/Job Details
The duties of the Manager, Underwriting & Marketing shall comprise amongst others:

• Preparing renewal and new business quotation proposals to cedants and brokers.
• Regularly reviewing facultative and treaty acceptances ahead of renewal.
• Soliciting and receiving treaty offers from existing and potential clients, assessing such offers when received and determining whether or not to accept them in line with the Corporation’s underwriting policies/guidelines.
• Maintaining proper records of all business offers received and transactions concluded
• Attending to client correspondences, social and business functions as well as other related activities for overall marketing effectiveness.
• Ensuring that all the treaties and facultative contracts are processed and the cover notes signed and sent out to cedants or brokers.
• Monitoring the profitability of markets serviced and progress made towards the achievement of income targets in the assigned markets
• Paying regular market visits for new businesses and the renewal of existing business as well as obtaining market statistics and other relevant information for the Corporation’s strategic and operational use.
• Assist in reviewing and monitoring the proper processing of all technical transactions
• Reviewing all claims along with other claims supporting documentation, and ensuring proper processing and timely settlement of verified cash calls
• Carrying out risk surveys and giving risk improvement recommendations
• Providing training, advice and other forms of technical support to both staff and clients on a regular basis.
• Assisting Finance & Technical accounts in reviewing the reconciliation of cedant and broker accounts and recovering outstanding amounts due from them while also ensuring timely remittance of amounts due to them;
• Participate and provide data / input to the development, implementation and review of strategic, business development, marketing and operational plans as well as budgets for the Region;
• Ensure the timely rendition of all required reports relating to the underwriting and marketing function on clients, for consolidated reporting to the Head Office
• Attending to any other duties as may be assigned by the Regional Director and the Corporation’s management from time to time.

Main Competencies Required for this Position:

• Very good technical knowledge and professional proficiency, particularly with regard to Insurance and Reinsurance underwriting, Retrocession, Claims as well as risk assessment;
• Ability to quickly build good and sustainable relationship with the main brokers and cedants;
• Have very strong and proven managerial skills/experience,
• Demonstrated proficiency in evaluating the relative costs and benefits of potential actions to choose the most appropriate one;
• Very Good analytical, planning and reporting skills.
• Capacity for synthesizing and reasoning
• Good communication and training skills
• Strong practical sales competences and skills
• High Integrity and proven sense of responsibility
• Ability to work under pressure
• Excellent computer skills required in Microsoft Office (Word, Excel, PowerPoint, etc.)
• Practical knowledge of a reinsurance-related software will be an added advantage

Qualifications And Professional Experience
Applicants shall be holders of:

• First University degree plus Master's in relevant fields plus 5 years post qualification relevant qualitative work experience with emphasis on reinsurance underwriting (both Treaty and Facultative); reinsurance pricing ; claims management, risk survey and assessment. Or
• First University degree in relevant fields plus full professional qualification, plus 5 years post qualification relevant qualitative work experience with emphasis on reinsurance underwriting (both treaty and Facultative); reinsurance pricing; claims management, risk survey and assessment. Or
• First University degree in relevant field plus 10 years post qualification relevant qualitative work experience with emphasis on reinsurance underwriting (both treaty and Facultative); reinsurance pricing; claims management, risk survey and assessment
• Relevant work experience in a reputable Insurance/Reinsurance organization at similar level is required;
• Relevant professional qualifications will be added advantage

Additional Requirements
Applicants must also be:

• Fluent in English language
• Working knowledge of French will be an added advantage.

Salary & Benefits
The successful candidate shall have the following benefits:

• Competitive Basic Salary on the Corporation’s Professional Staff Grade Level
• Variable pay (Annual Performance Bonus)
• Joint contribution to the Provident Fund (7% of the basic salary paid by staff and 14% by the employer)
• Children education subsidy for each child up to 26 years (maximum 4 children)
• Medical cover for staff and family;
• Housing Allowance
• Home leave to country of origin every year paid by the employer (if non-national) ;
• Duty Post Differential (Cost of Living Allowance), that may increase or decrease depending on the economic situation, paid in local currency.