Company Address: Address Suite 130, 1st Floor, Hughes Building, Muindi Mbingu St, Nairobi, Kenya

Financial Advisor

What we are looking for;
We are currently seeking individuals looking for an exciting career opportunity as Financial Advisors to transform communities by turning their dreams into reality through the promotion of our innovative Insurance products and services to prospective clients, identifying growth opportunities and maintaining good relationships. This opportunity is available in Mt Kenya Region (Nyeri, Meru, Embu, Kirinyaga, Murangá and Laikipia)
Why choose to be a Financial Advisor at Kenya Orient Life Assurance?

Market-driven products
Attractive commission-based earnings with no upper limit on our potential income
Free structured class training to equip you with the necessary skills and knowledge in Insurance sales
Excellent Rewards and Incentives to appreciate performance and keep you motivated
Opportunity to be the entrepreneur and grow your business with a recognized Brand.
Unwavering Company support to ensure you succeed
Career advancement opportunity

Qualifications

Age: 25 years and above
Academic Qualifications: C- in KCSE, Diploma or a Degree in any field
Computer literate
Work Experience: Not necessary, however previous experience in sales or financial services will be an added advantage.
Excellent communication skills
Excellent interpersonal skills
Good listening skills
Self-driven, Entrepreneurial mindset
Passionate and coachable.

Candidates with the required qualifications, experience, and competencies who wish to apply for the above position are required to forward their applications with their CVs to simon.njuguna@orientlife.co.ke.

Apply via :

simon.njuguna@orientlife.co.ke

October 28, 2024
Unit Managers

Job Description
Responsible for identifying ,selecting, recruiting , training ,supervising and developing sales agents ,opening new markets and growing business from existing markets and ensuring unit sales budgets are met.
Key Tasks, Duties and Responsibilities

Recruit, train, supervise and develop sales agents to meet the units set sales objectives.
Offer mentorship to sales agents for professional growth.
Conduct weekly sales agents’ meetings.
Conduct monthly performance management/reviews of sales agents.
Generate and implement unit work plans and strategies.
Implement and supervise the unit sales incentive programs.
Conduct market intelligence and keep management informed of changing trends.
Participate in product development and enhancement initiatives.
Preparation of weekly market activity reports.
Participate in market development initiatives for the unit.

Requirements

A bachelor’s degree from a recognized University or a diploma in Insurance/Marketing or relevant field.
COP or its equivalent.
3 years working experience.
A track record of sales preferably life insurance sales.
Demonstrated ability to organize and lead teams.

If you have the required professional and academic qualifications and are interested in any of the positions, kindly send us your Application/Resume to info@orientlife.co.ke by Thursday 7th October 2021.

Apply via :

info@orientlife.co.ke

October 28, 2024
Internal Assessor Internal Investigator

Reports To: Assistant Claims Manager
Purpose of the Position
The position is responsible for:

Analysing and determining the extent of liability/damages on all claims reported material damage claims with a comprehensive cover.
Assessing and reviewing external assessment reports.

Key Tasks, Duties and Responsibilities

Ensure 90% of all reported claims in Nairobi and its environs within a 20km radius are assessed internally and at the assessment center to cut down on assessment cost.
Vet and review all external assessors’ reports to ensure they adhere to quality assurance in their reports and pricing.
Identify and flag potentially fraudulent claims and give recommendations to ensure the company does not incur a financial loss.
Provide adequate and reasonable pre-accident/pre-theft values and salvage values.
Provide clear guidance and instructions to the service provider.
Ensure safety of client’s vehicles under the company’s custody.

Requirements

Diploma in Automotive Engineering
Assessors Professional Certification or COP
Certificate of Insurance will be an added advantage
At least 3 years’ work experience preferably in a reputable assessment or valuation firm

go to method of application »

Use the link(s) below to apply on company website.

Apply via :

October 28, 2024
Financial Advisors

About the job

Kenya orient life assurance limited, a leading life insurance company in Kenya requires FINANCIAL ADVISORS to work at their branch in Nairobi we are young, energetic and enthusiastic team that will get your life long dreams realized while enjoying the journey called LIFE.

KEY TASKS, DUTIES AND RESPONSIBILITIES
1.key role will be selling our financial services and products solution to prospective and existing clients.
2.meet and exceed set targets.
3.work in a high-pressure, fast-paced environments within an entrepreneurial culture that offers minimum supervision.

QUALIFICATION

You must be between 24 -35 years strictly
Good interpersonal skills
Very good communication and presentation skills
Extremely good personal presentation
Holder of a diploma or degree in finance, banking, insurance or marketing is an added advantage
Should have a minimum of C- in KCSE or its equivalent.

HOW TO APPLYSend your current CV’s and cover letter clearly indicating your Year Of Birth to wahito.stephen@orientlife.co.ke

Apply via :

wahito.stephen@orientlife.co.ke

October 28, 2024
Branch Manager – Hughes

Division / Department: Underwriting & Business Development
Immediate Supervisor: Regional Manager
Overall Responsibility: The position will be responsible for the profitable growth of the branch, overseen the branch operations and maintaining good custody of all the company assets within the branch.
Key Tasks, Duties and Responsibilities
Focus Area and Key Tasks
GWP

Responsible for the growth of revenue to the set targets through retention & acquisition of new business on existing accounts and new ones

KOIL Brand & Products Penetration

Leading in development of business partners profit story

Customer Experience

Ensure clients are constantly updated on claims process and progress.
Ensure top notch customer experience is provided to assigned business partners
Ensuring training and increased uptake of all automation initiatives by business partners

Cash

Ensuring compliance with the Company’s credit policy
Full responsibility for collection of the written premium

Profitability

Proactively drive quality of business and ensure achievement of set business mix target.
Vet claims at reporting stage and identify and address unfavorable trends
Manage costs within the branch in order to achieve desired profitability margin.

Product Mix

Responsible for obtaining and providing the correct marketing intelligence to inform product development/customization and pricing

Organization Development

Assist the regional manager in training and development of relationship officers, Unit Managers & Direct sales force.

Requirements

A bachelor’s degree/Diploma in business related course (Insurance Option, Marketing, Business Administration, and Finance) or equivalent from a recognized university.
DIP CII or local (IIK) equivalent or equivalent experience
Six (6) years’ experience, two (2) of which should be at supervisory level or above

Competencies & Skills

Relationship building for influence
Customer service orientation
Holding people accounting
Thorough knowledge of insurance products
Understanding route to market
Key account management
Risk management
Effective communication
Leadership
Good negotiation
Great presentation

October 26, 2024
Business Development Manager – Corporate

Reporting to: Assistant General Manager – Underwriting & Business Development
Job Reference: KOIL/HR/BDC001/2019
Function: Underwriting & Business Development
Key Relationship (Internal): Work closely with underwriting, reinsurance, claims and regional managers
Purpose of the role

The position will be responsible for the identification and opening of new markets, recruitment and growing business from new intermediaries.
Soliciting and acquiring business from corporates and large clients including government institutions and SMEs.
Key champion in developing new products and conducting competitor analysis.

Key Responsibilities
A: QUANTITATIVE = 60%
1. New Leads and opportunities

Acquiring and retaining new business by generating leads• Identifying new markets and business opportunities to increase sales revenue.• Acquiring and developing new business accounts and preparing sales proposals for clients• Targeting key accounts potential for the company.• Reviewing, evaluating and pricing moderately complex business by applying sound underwriting judgement and adhering to company policy and Industry Regulatory Framework.• Creating deal pipelines that lead to substantial conversions

2. Quote to cash

Achieving average revenue per product
Converting issued quotes to revenue
Reviewing financial performance of accounts against budget

3. Loss Ratio

Managing the quality of business to maintain the agreed level of claims ratios
Reviewing, managing and controlling the claims registered and paid to achieve set claims / loss ratios

4. Product Development and Marketing

Spearheading product development and enhancement initiative.
Conducting market campaigns, activations and product sales drives.
Reviewing existing products to maximise on revenue

B: INTERNAL CONTROLS & RISK MANAGEMENT COMPLIANCE = 20%
1. Adherence to Credit & Underwriting Policy

Carrying out periodic reviews of the department’s policies and procedures to ensure their relevance to the business strategy and changing organizational needs.

2. Internal Controls and Reporting

Preparing annual budget for the sales and business development function and ensure proper budgetary control
Update action plans and financial objectives quarterly.
Offering input and feedback to long range, strategic and budget planning processes.
Preparing periodical management reports

C: QUALITATIVE PERFOMANCE & COMPETENCIES = 20%
1. Brand Promotion & Competitive Analysis

Establishing and maintaining a good relationship with brokers, agents and clients. Also maintaining close liaison with other departments in the Company.
Fostering and maintaining good corporate image through liaison with all intermediaries and the general public
Maintaining high public relations amongst clients
Training of intermediaries and staff on our products, selling & closing skills and relationship management.
Recruiting new intermediaries.
Conducting market intelligence and keep management informed of changing trends.
Carrying out market research and competitor surveys.

2. Communication

Visiting, developing and maintaining good rapport with customers and handling their queries and reporting on any significant/persistent concerns to management.
Clarifying and articulating the diverse requirements of customers to support delivery of professional excellence and expertise.
Using customer insight to determine and drive customer service outcomes and quality.
Advising the Assistant General Manager and the Management on issues pertaining to the business
Closely follow up on all leads within a 24 hour response time line client
Excellent customer service and complaints handling

3. Living KOIL Values

Integrity
Excellence
Customer Driven
Innovation
Team Work

Qualifications and Requirements

Bachelor’s degree;
Master’s degree is an added advantage
ACII or AIIK Professional qualification
12 years relevant working experience, Four (4) of which should have been at a managerial level

Competencies and Skills
Competencies

Relationship building for influence
Result Oriented
Accountability
Committed and self-driven
High standards of integrity and professionalism
Self-initiative and innovative

Skills

Thorough knowledge of insurance products, regulations, product development and underwriting.
Understanding of general insurance distribution chain and route to market
Key account management
Risk management
Effective communication
Good negotiation
Great presentation
Leadership skills

October 26, 2024
Relationship Manager

Overall Responsibility
The position is responsible for growing the revenue for the accounts assigned and maintaining the desired loss ratio through regular engagements to build strong relationships and loyalty.
Attached to a region and servicing a specific area in the region, the relationship manager is the front face of the organization to the customers and will do business development to deliver new business and new accounts, drive renewals and support all after sales services to the Customer.
Responsibilities
Focus Area Key Tasks
GWP

Responsible for the growth of portfolio top line to the set targets through retention & acquisition of new business on existing accounts and new ones.

KOIL Brand &Products

Penetration Leading in development of business partners profit story.

Customer Experience

Ensure clients are constantly updated on claims process and progress.

Cash

Ensure top notch customer experience is provided to assigned business partners.
Ensuring training and increased uptake of all automation initiatives by business partners.
Ensuring compliance with the Company’s credit policy.

Loss Ratio

Support in collecting revenue from key accounts.
Proactively drive quality of business and ensure achievement of set business mix target.
Product Mix Responsible for obtaining and providing the correct marketing intelligence to inform product development /customization and pricing.

Organization development

Assist the regional manager in training and development of relationship officers

Qualifications

A bachelor’s degree in business related course (Insurance Option, Marketing, Business Administration, and Finance) or equivalent from a recognized university.
DIP CII or local equivalent (IIK) or equivalent experience
5 (Five) years’ experience, 2(two) of which should be at supervisory level or above

Competencies & Skills

Relationship Building for influence
Achievement
Analytical Thinking
Thorough knowledge of insurance Products
Understanding route tomarket
Key account management
Risk management
Effective communication
Leadership
Good negotiation
Great presentation

October 26, 2024
Underwriting Associate

The position will perform the internal auditing activity and help the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
Responsibilities

Process the prelist and renewal notices and save in the shared folder. Dispatch the renewal notices to the clients/intermediaries 6 weeks prior to renewal of the policies.
Daily claims Notification.
Validation and documentation of claims.
Ensure timely preparation and despatch of policy documents.
100% compliance to the Underwriting guidelines
100% implementation of recommendations that satisfactorily addresses the issues identified during audit & risk reviews.
Ensure compliance to the company credit policy.
Ensure daily prompt banking of money received.
Ensure safe custody of certificates and all other security documents. Full compliance to the certificate management policies.
Prompt feedback to clients and intermediaries on their claim status.

Key Performance Indicators

Achieve a loss ratio of 54%
DSO of 45 days
Retention by policy count of 60%
90% compliance to TATs

Qualifications

Bachelor’s degree from a recognized University.
Pass in at least three papers in ACII or equivalent.
At least 4 years relevant experience

Competencies & Skills

Achievement- able to meet set targets in compliance with quality, time and delivering the required business results.
Customer Service orientation – The willingness and ability to give priority to customers, delivering high quality services that meet their needs
Interpersonal Skills- Must be sociable and engaging. Be able to quickly develop a rapport with customers.
Knowledgeable- Job requires technical understanding of insurance products and services offered by the company.
Must be well groomed and possess excellent office etiquette.

October 26, 2024
Management Accountant

The position’s responsibilities include management of accounts receivables, customer inquiries & disputes and responsible for identifying opportunities to improve DSO and collections performance and troubleshoot other process issues that may arise.
Responsibilities
Assist in identifying and investigating possible risk areas and reporting to management
Financial

Preparations of timely and accurate monthly/quarterly management reports
Prepare a monthly budget- cost variance analysis and communicate early-warning of cost overruns Lead.
Maintain the company’s asset register Financial and Statutory Reporting.
Preparation of daily cash flow and cash forecast report.
Management of accounts payable.
Responsible for all statutory compliance reporting KRA & IRA.
Perform Ad-Hoc Reporting and Analysis using the available business intelligence tools.
Supporting Senior Management Team and Departments heads with in-depth analysis

Customer

Gaining business knowledge from the clients and sharing with the team, resulting in improved client satisfaction.
Work closely and transparently with all external partners including third-party vendors and consultants.

Process

Assist management in the implementation of financial reporting process improvements.
Provide sound analytical support for key financial reporting decision making.
Engage and lead ad hoc projects as needed.
Lead efforts that pertain to planning, forecasting and revenue generating with cross-functional support teams.

Qualifications

Bachelor of Commerce Degree (Accounting Option) or any other relevant Degree. (A degree in Risk Management will be an added advantage)
CPA (K), ACCA, CIA or any other recognized professional accounting qualification
MBA will be an added advantage
Minimum 4 years’ relevant working experience in management accounting.

Skills

Communication- Job requires excellent communication skills at all levels and excellent customer service & telephone manner.
Attention to Detail- Job requires high standard of numeracy, accuracy with attention to detail
Team Player- A team player with a flexible approach and a willingness to learn
Interpersonal Skills – Must be sociable and engaging. Be able to quickly develop a rapport with customers.
Decision Making Skills- Capability to make decisions in an ambiguous / fast paced environment, communicate rationale and make adjustments midcourse is essential.
Must be well groomed and possess excellent office etiquette.

October 26, 2024
Audit Associate

Division / Department: Internal Audit
Immediate Supervisor: Audit Manager
Overall Responsibility: The position will perform the internal auditing activity and help the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.
Key Tasks, Duties and Responsibilities
Assist in identifying and investigating possible risk areas and reporting to management
Financial

Assist in preparation of the annual budget for the department and ensure proper budgetary controls are in place.
Assist in preparation & review of the Annual Audit plan.
Assist in safeguarding the assets of the Company and carrying revenue assurance reviews.

Customer

Work closely with all Departments and service centres within the company with a view to tapping on synergies;
Establishment and maintenance of good business relationship with process owners and audit clients.
Communicating effectively with a variety of stakeholders.
Managing a variety of stakeholders and their expectations through regular communications and understanding of their needs.

Process

Carry out routine audits and make necessary recommendations to Management.
Carry out special investigations and make recommendations as necessary.
Assist in systems review with a view to advising on areas that need to be strengthened.
Assist in the review of internal procedures.
Evaluating the company’s compliance program in terms of how well risk management is handled, information security and compliance exposures.
Researching and assessing how well risk management processes are working and recording the results using software such as Microsoft Word and Excel.
Performing risk assessments on key business activities and using this information to guide what should be covered in audits and tests to be deployed.
Agreeing recommendations with relevant staff members to make improvements to operations and helping to secure backing for them in exit meetings.
Preparing reports to highlight issues and problems and submitting quality and timely draft reports.
Assessing how well the business is complying with rules and regulations and informing management of any issues that need addressing.
Assisting in drafting MAPs for every completed audit/ review.
Anticipating emerging issues through data and assessment.
Carrying out follow up audits when they fall due.

Requirements

Bachelor of Commerce Degree (Accounting Option) or any other relevant Degree. (A degree in Risk Management will be an added advantage)
CPA (K), ACCA, CIA or any other recognized professional accounting qualification
MBA will be an added advantage
Minimum 2 years’ relevant working experience 1 of which should be in Internal Audit in a Financial Institution or in External Audit with a reputable audit firm.

Competencies & Skills

Communication Skills – Job requires outstanding interpersonal and communications skills; ability to communicate effectively with technical and non-technical audiences.
Industry Knowledge – Job requires strong knowledge of Specialty Lines
Insurance / Reinsurance and expert knowledge of internal auditing, internal controls, risk management, and finance and accounting practices and methods.
Interpersonal Skills-Must be sociable and engaging. Be able to quickly develop a rapport with customers.
Must be well groomed and possess excellent office etiquette.

October 26, 2024