The Company offers market leading insurance products and services to customers, and is a dominant player in the region.
In order to grow locally and set up a platform in the region, our client seeks to hire a General Manager – Life and Pensions who will report to the Managing Director.
To be responsible for the management of the Life and Pensions department in line with the company’s policies, requirements and regulations.
Key Duties and Responsibilities:
- Design strategies and policies so as to achieve the company’s mission, vision, objectives and core values in relation to its Life and Pensions cover
- Supervise the implementation of life and pension strategies
- Gather marketing intelligence including competition, new products in relation to life and pensions cover
- Develop a strong understanding of customers and market dynamics
- Set goals and monitor the life and pensions business performance
- Liaise with the marketing department to ensure life and pensions insurance sales targets are met
- Manage Unit Business across the company’s branches-for targets and regulatory compliance
- Ascertain the level of risk exposure in relation to life and pensions line of insurance
- Ensure efficient use of resources and time in the life and pensions department
- Ensure that all employees are kept motivated and are working towards achievement of the company objectives
- Carry out research on the different retirement benefits schemes and advice the management accordingly
- Advise management on the best investment criteria of the pension monies
- Carry any other duties as may be required from time to time for efficiency and effectiveness
- Hold a Bachelor’s Degree in Commerce, preferably Insurance, Masters Degree/ Advanced Diploma in Insurance is an added advantage
- Have a minimum of Five (5) years relevant work experience, 3 of which should be at managerial level with proven result oriented track record
- Experience in Life and Pensions processes, schemes, rules and regulation
- Personality: A go-getter, enthusiastic, results oriented with excellent communication and social skills. A forward planner with clear focus, mature, reliable, hard working and able to work without supervision
- Management ability
- Computer skills: Must be adept in use of Ms Word, Excel, Access, power-point, Internet and email
- Honest and with high integrity
- Have a good understanding of the Insurance Act, AKI reports and conversant with the market trends
- Have a good understanding of the life and Pension Industry
- Have a good understanding of the requirements set by Retirement Benefits Authority
- Understand and implement processes and procedures
- Have a high sense of diplomacy, accuracy and attention for detail.
- Passion for championing & offering excellent customer service.
- 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.
Kindly send your 2 page CV and cover letter detailing your experience, qualification and motivation for the job to recruitment@racg.co.ke, clearly indicating the job title as the subject and address it to the Recruitment Manager as soon as you read this advert.