Posted:3 hours ago
By:Hiring Kenya
Company Details
Industry:
Insurance
Description:
Apollo Group (Apollo Investments Limited)was an idea born from the need to harness synergies across the insurance business. Built on commitment, integrity and innovation, it has risen to be one of the leading financial groups in East Africa. Apollo Investments Limited (AIL) includes APA Insurance (Kenya and Uganda). It underwrites General Insurance risks such as Fire, Marine, Aviation, Personal Accident, Motor, Liability, Agriculture, Property, and Micro Insurance. We also underwrite Health Insurance i.e. Corporate, Individual & Family Health Insurance. APA Life Assurance is one of the leading insurance companies in Kenya providing Life Insurance and Pension benefits.It has been recognised as The Best Insurance Company in Claims Settlement (Life Business). Our Individual products, APA Elimu,Pumzisha, Imarika and HosiCare aim to protect generations as well as help people from all walks of life to meet common needs. Apollo Asset Management which is an investment and wealth management firm licensed by the Retirement Benefits Authority (RBA) and the Capital Markets Authority (CMA) to conduct fund management and investment advisory services. Gordon Court (Apollo Conference Centre) is the premier event hosting location for both business and private functions in the city. From business conferences to private occasions, Apollo Conference Centre provides the ultimate meeting place. Established in 1977 as one of the first locally owned insurance companies, Apollo has achieved impressive growth over the years thanks to commitment to service and confidence of policyholders and a sound management policy. APA Apollo has been at the fore front of Innovations and taking bold and daring steps in the Insurance and Financial service sectors.
Job Description
KEY PRIMARY RESPONSIBILITIES
- Collaborate with various departments to identify and exploit cross-marketing opportunities.
- Develop and implement strategies to increase cross-selling and up-selling to existing clients.
- Monitor the renewal process to ensure timely engagement with clients.
- Communicate effectively with clients to discuss renewals, address their needs, and offer appropriate insurance solutions.
- Ensure renewals engagements are completed within set company timelines.
- Engage the reinsurance team promptly on various classes of cover.
- Negotiate policy terms and premiums to ensure they are agreed upon in a timely manner.
- Ensure risk surveys are conducted for risks classified under CLASS 3, 4, and 5.
- Oversee the implementation of recommendations for risk improvement based on survey findings.
- Ensure full adherence to the underwriting branch manual.
- Maintain accurate and up-to-date underwriting records.
- Recruit and manage relationships with intermediaries to foster strong partnerships.
- Ensure the best possible relationship with intermediaries through consistent communication and support.
- Provide timely and accurate insurance quotations to clients and intermediaries.
- Ensure all quotations are competitive and meet client needs.
- Ensure full compliance with Know Your Customer (KYC) requirements.
- Adhere to all regulatory and company policies, including credit control measures.
- Monitor and manage the credit control process to ensure timely payment of premiums.
- Work closely with the finance team to resolve any issues related to premium payments
- Any other work that may be allocated to you by your supervisor.
ACADEMIC QUALIFICATIONS
Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
JOB SKILLS AND REQUIREMENTS
- Excellent communication and negotiation skills.
- Client-focused with a commitment to delivering exceptional service
- Strategic thinking and business acumen
- Analytical skills
- Presentation skills
- Communication and interpersonal skills
- Numerical Skills
PROFESSIONAL QUALIFICATIONS
EXPERIENCE
- At least 4 years relevant experience
- Strong understanding of underwriting principles, risk assessment, and insurance products
Education: Degree, Diploma
Employment Type: Full Time
