Thursday, October 3, 2013

Orange Telkom Insurance Officer Job in Kenya

Position: Insurance Officer 
Reporting to: Chief Legal & Regulatory Affairs Officer
Range: R2L
Department: Legal & Regulatory 
Role Purpose: To coordinate insurance activities in the company.

Key Duties and Responsibilities
1. Responsibilities / Execution Activities
  • Ensuring that insurance covers including those compulsory under local law are in place in good time. 
  • Arranging covers from time to time on need basis; 
  • Reporting all insurance related incidences to insurance brokers; 
  • Documentation of GPA insurance claims for the company and following up on payment to the claimant
  • Documentation of general insurance claims and coordinating with the broker for prompt settlement.
  • Organizing vehicle valuation at the end of every insurance period and compiling insurance schedules for all vehicles to be insured (company and staff vehicles); 
  • Liaising with assessors to ensure that vehicles are assessed after accidents to ensure that vehicles are assessed after accidents to ensure repair authority is given and release of the vehicle after repairs.
  • Obtaining and analyzing insurance renewal quotes from the underwriters/brokers; 
  • Preparing renewal schedules for the company policies e.g. motor vehicle, IT assets, company equipment
  • Arranging Insurance risk survey and audits and accompanying insurance survey teams during the exercise;
  • Providing all necessary information and documentation needed for renewal exercises to the insurers and brokers
  • Meeting with loss adjustors/assessors.
  • Managing the Group Life Policy, ensuring that all members are informed accordingly and ensuring that member’s benefits reflect their current salaries. 
  • Updating salary records and informing the broker on changes in the salary.
  • Ensuring that beneficiaries of deceased members of staff are compensated in the shortest time possible.
  • 24 hours for burial expenses and death in service benefits within a month, subject to documentation of the claim
  • Analyze claims and identify trends in order to propose loss prevention/mitigation measures; 
  • Act as a focal point for all insurance related matters in the company.
  • Review contractual arrangements with 3rd parties in order to identify any insurance requirement and ensure that;
a) They are in line with best practice.
b) Company exposure is mitigated as much as possible.
  • Identify and eliminate any duplicated insurance cost;
a) Identify any insurance cost that falls outside local legal requirements.

KPIs (Measurable parameters of the role) & Dimensions (What is the span of the role)
  • Premium invoices to be paid within 30 days of receipt.
  • Claims: Ensure that all necessary documentation is submitted to insurers on a timely basis and that claims are settled as soon as possible (as per claims handling procedures) and follow up on any possible claim recovery from 3rd party.
  • Where applicable, accurate booking of insurance transactions, Audit reports on insurance are and Full compliance with local law.
Academic/ Professional Qualifications
  • Basic Degree-Bachelor of Commerce(Insurance option)
  • At least 3 years relevant experience
Key Competencies:
  • Customer orientation.
  • Business driven approach
  • Results orientation
  • Organizational awareness
  • Team-work and cooperation
  • Planning and organization
  • Problem solving skills
  • Analytical thinking
This position is open to Kenyan citizens only. 

If you fit the required profile, please apply highlighting how your qualifications, experience and career aspirations match the requirements for this position. 

Application should be sent latest by 10th October 2013, please provide an updated Curriculum Vitae (CV) including details of your current telephone contacts and names of three referees. 

Apply through

Only shortlisted candidates will be contacted.