Senior Underwriter- International (Treaty/Facultative)

Academic Qualifications

• A Bachelor’s Degree in Actuarial Science, Statistics, Mathematics, Commerce (Insurance), Business Administration, or a related field.
  

Professional Qualifications

• Associate of the Chartered Insurance Institute (ACII – London) or Associate of the Insurance Institute of Kenya (AIIK) or equivalent.
  
• Completion of a Supervisory Course lasting not less than two (2) weeks.
  
• Proficiency in computer applications and underwriting systems.
  
• Fulfilled the requirements of Chapter Six (6) of the Constitution of Kenya.
  

Experience

• At least six (6) years of relevant work experience in insurance or reinsurance underwriting.
  
• Advanced expertise in treaty and facultative reinsurance.
  
• French language proficiency will be a distinct advantage.
  

Key Competencies

• Excellent negotiation, communication, and presentation skills.
  
• Strong analytical and problem-solving abilities.
  
• Proven underwriting experience with analytical tools and statistical packages.
  
• Deep knowledge of reinsurance products, wordings, and market dynamics.
  
• Sound judgment, attention to detail, and confident decision-making
  

Underwriting & Risk Assessment

• Analyse, negotiate, and approve complex reinsurance treaties and facultative risks within approved authority limits.
  
• Utilize actuarial data, market trends, and financial analysis to determine appropriate premiums, terms, and coverage structures.
  
• Conduct thorough risk assessments and make informed acceptance/declination decisions.
  

Business Development & Stakeholder Management

• Build and maintain strong relationships with brokers, cedants, and retrocessionaires.
  
• Identify new business opportunities and provide market intelligence for strategic planning.
  
• Deliver excellent and responsive customer service to clients and brokers.
  

Portfolio Management & Analysis

• Monitor portfolio performance to identify growth and profitability opportunities.
  
• Reconcile accounts and verify treaty statements of accounts and facultative closings.
  
• Analyse emerging issues and support resolution of complex underwriting challenges.
  

Team Leadership & Development

• Mentor and train junior underwriters.
  
• Contribute to the development of underwriting policies and procedures.
  

Compliance & Governance

• Ensure all underwriting decisions comply with company policies and regulatory requirements.
  
• Perform any other duties as may be assigned from time to time.