The Monarch Insurance is a fast growing business under the Monarch group of companies.

Our values are to uphold professionalism and integrity; to provide quality customer care in service provision whilst having social responsibility and team spirit in all our operations.

We are looking for ambitious, self-driven candidates to fill the position of:

Underwriting Manager

Reporting to the Managing Director, the Underwriting Manager will be responsible for the management of the Underwriting Department, ensuring that Monarch fulfils its obligations of assuming insurable risks of its customers, business development and will be charged with the following accountabilities:-
  • Strategically lead and manager the Monarch Underwriting Department and ensure efficient delivery of services
  • Review company records to determine amount of insurance in force on single risk or group of closely related risks and authorize reinsurance of policy when risk is high
  • Evaluate risks being offered to the company for insurance with a view of accepting and accounting for those which meet the criteria and subsequently evidencing the acceptance in the various insurance contracts
  • Direct involvement in business follow ups for existing clients and making decisions on renewal terms to apply based on past performance
  • Maintain communication to agents, brokers, and other stakeholders to obtain further market information, quote rates, or explain the company’s underwriting policies
  • Maintain customer relations management and enhance quality service delivery
Experience and Qualifications
  • Bachelors Degree in Commerce (Finance or Business Administration)
  • ACII (Associate of Chartered Insurance Institute of London) qualifications
  • At least 8 years experience in the insurance sector
  • Technical competence in Underwriting Insurance Risks
  • Ability to analyse and interpret statistics and statistical data
  • Good knowledge of RBA,IRA,KRA regulations
  • Basic MS office skills
  • Possess strong interpersonal, communication and negotiation skills
  • Proven experience in establishing and motivating an efficient team
  • Self driven individual with impeccable integrity
Interested candidates should forward their CV in MS Word format, by 8th June 2011 stating their current and expected remuneration, email address, day time telephone contact and names and addresses of three referees to: hr@themonarchinsco.com

Only short listed candidates will be contacted

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