Safaricom Senior Insurance Officer / Risk Business Partner Job in Kenya

Ref: FIN – SIO-RBP – MAY- 2011

Reporting to the Senior Manager - Decision Support within the Finance Division, the job holder will be responsible for managing, planning, costing and coordinating appropriate insurance cover and advising stakeholders on Insurance options and Strategies available.

Key Responsibilities:

• Conducting regular evaluation on the adequacy of insurance covers and recommend and institute appropriate revision where necessary.
• Plan for, coordinate and manage the tender process for appropriate brokers, underwriters and insurance covers.
• Ensuring that all Insurance claims are lodged with the broker at the earliest opportunity and follow up to ensure its conclusion within set timelines.
• Oversee administration of all insurance policies as performed by the insurance broker, escalating and resolving issues with brokers and Safaricom Management as necessary.
• Liaising with management to identify and quantify key potential losses that should be insured against in accordance with the risk assessments and identification procedure.
• Advice all internal stakeholders on the various insurance options available, their advantages and disadvantages - in consultation with the broker and underwriters as necessary.
• Ensure analysis of insurance cover requirements and, in consultation with the broker, determine the optimal choice for Safaricom as well as identifying the opportunities for customizing covers.
• Identify, develop and present proposals to positively influence premium rates.
• Provide insurance cost input to the budgeting team by providing accurate forecasts.
• Facilitate awareness training to staff on insurance risk awareness.

Minimum Requirements:

• Upper second class degree in Business or Commerce from a recognized university with a full certification in Insurance-ACII .
• 4 years working experience managing an insurance programme for a Blue chip company.
• Detailed Knowledge of GSM and IT networks will be essential.
• Thorough understanding of the International Financial Reporting Standards and experience in application & enforcement of the standards.
• Ability to meet strict deadlines and work without supervision.
• Excellent knowledge and hands on working experience in operating Microsoft Office suite, Oracle Financials and reporting tools such as Hyperion.
• A proven team player with good communication and interpersonal skills.

If you feel that you are up to the challenge and possess the necessary qualification and experience please send your resume and application letter.

Please indicate your experience and why you are the most suitable candidate for the role clearly quoting the job title to the address below.

The deadline for application is 27th May 2011.

The Senior Manager; Talent Acquisition,
Safaricom Ltd
Nairobi

Via email: hr@safaricom.co.ke

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