CIC Insurance Job Vacancies in Kenya for Underwriting, Marketing, Clerk, Management Trainees, Research Analyst, Acturial Ass, Fund Admin

CIC Insurance Group is the leading co-operative insurer in Africa and is one of the top three insurance companies in the country.

CIC has businesses operating all over Kenya with 19 branches and has recently ventured into Asset Management. In order to execute our ambitious growth and expansion strategy, CIC wishes to recruit high caliber individuals to fill the following vacant position numbers:

Underwriting Clerk Ref No: HRD-03/3/2012

Duties & Responsibility

• Prepares policy docudments
• Ensuring dispatch of policies within the company standards
• Handling all documentation needs for branches
• Responding to all policy issues from branches, General customer care

Requirements

• Diploma in insurance
• Computer knowledge, Good communication skills
• Planning & organizing skills, Strong team player
• Ability to work independently or with minimal supervision
• At least 1years of experience

Marketing Executive Ref No: HRD-03/4/2012

Duties & Responsibility

• Attending to callers, preparing quotation and follow up, Prepare tender documents,
• Renewal follow ups.
• Responding to clients enquiries, Preparing presentation to clients
• Preparation of agents documents for registration with IRA
• Filing and proper maintenance of clients and intermediaries documents including indexing.
• Mailing, faxing, and binding of documents
• Maintenance and requisition of departmental stationery and stores
• Raising departmental payments to service providers, intermediaries.
• Taking care of logistics for departmental function such as cocktails, luncheons etc

Requirements

• Diploma in insurance
• Computer knowledge, Good communication skills
• Planning & organizing skills, Strong team player
• Ability to work independently or with minimal supervision, Flexible to meet clients needs

Record Clerk Ref No: HRD-03/5/2012

Duties & Responsibility

• To maintain proper documents records in the departments
• To avail files to the respective officers as and when requested
• To open new file dockets when necessary
• To maintain a systematic order of files in the registry.
• To file back all the files after they are finalized on.
• To promptly and regularly up date files with the new correspondents
• To ensure proper achieving of the files.
• To scan and index all documents before arching the hard copies
• To perform any other duties as may be assigned by the management from time to time.

Requirements

• Diploma in record keeping
• Computer knowledge, Good communication skills
• Planning & organizing skills, Strong team player
• Ability to work independently or with minimal supervision
• Experience in filing will be an added advantage.

Management Trainee Ref No: HRD-03/6/2012 (10 Positions)

Duties & Responsibility

The management trainees will be taken through a two year training and mentoring programme in various division in the company.

Thereafter, the successful candidates will be assigned to server in their area of competence subject to availability of vacancies

Requirements

• A degree with a minimum of Upper second class division in Business related field, Actuarial science, entrepreneurship, Agriculture, Micro finance, Information Technology, Development, Nursing & Law
• Computer knowledge,
• Good communication skills
• Planning & organizing skills,
• Good analytical skills,
• Strong team player
• Ability to work independently and with minimal supervision

Unit Trust Sales Supervisor Ref No: HRD-03/7/2012

Duties & Responsibility

• Design and implement sales team strategy.
• Mentoring and development of sales teams
• Participate in the recruitment and retention of sales teams
• Monitoring sales team activity and production while aiming to inspire improved
• Performance and ensure targets are met.
• Assist in facilitating sales team training as and when necessary
• Sell unit trust products (money market, equity, balanced & fixed income funds)
• Provide investment advice to existing and potential clients.
• Open new market for the units trust advisers

Requirements

• Business degree preferably in (Economics, Finance)
• Computer knowledge
• Good communication skills
• Planning & organizing skills
• Good analytical skills
• Ability to make presentation to both individuals & and groups
• Be well informed of the financial market
• Strong team player
• Ability to work independently or with minimal supervision
• At least 2year of experience in selling unit trust.

Assistant Fund Administrator Ref No: HRD-03/8/2012

Duties & Responsibility

• Create clients and agents accounts in the unit master
• Receive, scan, index & file all correspondents to CIC Asset Management’s Ltd
• Store soft and hard copies of all correspondence by member number
• Initial quality assurance of client’s application forms and agents applications.
• Capture clients details/information in the unit master
• Capture, purchases, redemptions and static data in the system
• Give unit trust advises production details to the Unit Trust Manager
• Book meeting venues for the staff
• Provide operational assistant to the MD CIC Asset Management’s Ltd

Requirements

• Business related degree preferably in (Business management)
• Computer knowledge
• Good communication skills
• Planning & organizing skills
• Good analytical skills
• Ability to make presentation to both individuals & and groups
• Strong team player
• Ability to work independently or with minimal supervision
• At least 2year of experience in related filed.
• Knowledge of unit trust administration system
• Keen to details and a quick leaner

Research Analyst Ref No: HRD-03/9/2012

Duties & Responsibility

• Analysis and recommendation of various investment opportunity availablewithin the financial local market
• Collate and analyse the macro & micro economic condition and company fundamentals and make recommendations
• Develop financial model
• Participate and contribute in investment committee meetings
• Coordinate and organize management & company visits
• Prepare quarterly investment reports indicating performance statistics
• Maintain and update company research library

Requirements

• Business related degree preferably in (Business management, Economic Accounting)
• CFA will be an added advantage
• Computer knowledge
• Good communication skills
• Planning & organizing skills
• Good analytical skills
• Ability to make presentation to both individuals & and groups
• Strong team player
• Ability to work independently or with minimal supervision
• At least 2year of experience in related filed.
• Knowledge of unit trust administration system
• Keen to details and a quick leaner
• Effective research and analytical skills

Actuarial assistant Ref No: HRD-03/10/2012

Duties & Responsibility

• Responsible for actuarial aspects relating to the computation of insurance premium rates and the valuation of liabilities.
• Responsible for reviewing and advising on the adequacy of statutory reserves for incurred but not reported claims
• Responsible for the designing and pricing of insurance products, valuation reports in conjunction with the product development team and the consulting actuaries
• Responsible for reviewing and repackaging of existing insurance products in order to assess the adequacy of premium rates and recommend remedial measures to make them profitable
• Carrying out project appraisals, identifying risks associated with the projects and recommending ways of managing the identified risks
• Responsible for the review in the adequacy of the reinsurance arrangements in place on an annual basis
• Responsible for continuous mortality and morbidity investigations for the company in order to review the life and medical underwriting standards and premium rates to ascertain their adequacy and equity
• Guide the various departments in developing and maintaining business statistics and other technical aspects requiring actuarial application
• Responsible for analysis of competitors’ products and suggest areas of improvement/enhancement on our product portfolio

Requirements

• Degree in Actuarial Science
• Progress in Professional Actuarial Papers with at least 2 exams passed
• Working experience of a minimum of 1 year in an actuarial or insurance position
• Computer knowledge
• Good communication skills
• Good analytical, Planning & organizing skills
• Strong team player
• Ability to work independently or with minimal supervision
• Expertise in Microsoft Office
• Expertise in at least one statistical software

If you meet the above requirements and consider yourself up to the challenge, please email your application and a copy of your CV clearly indicating the reference number as the subject on your email e.g: Management Trainee - Ref No: HRD-03/6/2012- -: to the.

The Group Human Resource Manager
CIC Insurance Group LTD
PO Box 59485-00200
Nairobi

Email: recruitment@cic.co.ke
The application should reach us by close of business on 23th March, 2012. Please note only shortlisted candidate will be contacted. If you do not hear from us by 9th April 2012 consider yourself unsuccessful.