Company Founded: Founded in 1919

  • Personal Lines Underwriter

    Personal Lines Underwriter

    About the roleWhat you need to know:

    This role assists in providing technical underwriting support and coordinates service delivery within Auto & Personal Lines department. It ensures key accounts and partners are adequately serviced and all underwriting guidelines are observed when accepting new and renewal business

    Responsibilities
    Technical Underwriting

    Respond to producer queries on Key account issues
    Receive and execute new and renewal instructions
    Issue quotations and invoices as may be requested by the producer
    Prepare and submit transmittals for both new and renewal business
    Engage producers on renewal retention of Key accounts
    Assist Finance in account reconciliation
    Assists in reviewing policy data
    Processes cancellations, endorsements, policy issuance, etc
    Prepare various management reports as may be requested from time to time
    Assist in portfolio analysis

    Audit & Compliance

    Ensure adherence to audit/compliance and regulatory requirements in areas of responsibility.

    What we’re looking for:

    Bachelor’s degree in insurance, Actuarial or related field
    Diploma in Insurance – AIIK or CII
    3+ years of experience working in an insurance company
    Underwriting experience in General Insurance products
    Self-starter who is not afraid to take initiative and has a high level of self-sufficiency and is a team player

    Skills and Competencies
    Reimagining insurance to make a bigger difference to the world
    American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

    Business Acumen: – Knows how business works; knows the competition and awareness of how strategies and tactics work in the marketplace
    Analytical Ability: Structured approach to problem solving incorporating logical thinking, proposing solutions, testing and planning
    Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers
    Dealing with ambiguity: Can shift gears comfortably; effectively cope with change
    Drive for Results: Can be counted on to exceed goals successfully
    Can negotiate skilfully in tough situations with both internal and external groups

    Apply via :

    aig.wd1.myworkdayjobs.com

  • Senior Manager, Internal Audit

    Senior Manager, Internal Audit

    About the role
    What you need to know:
    This position is responsible for providing objective assurance on the AIG Insurance internal control environment by carrying out audits in line with the approved audit plan.
    Audit activities involve preparation and implementation of the Company’s annual audit plan, assessing risks, recommending process and control improvements, and giving insights and control themes to influence the organization’s control environment, thus maximizing earnings and return on assets within acceptable levels of risk.
    Responsibilities:
    Audit Planning

    In conjunction with the Group Head, Internal Audit, develop and implement the annual audit plan by ensuring all identified risk areas are covered and resources are appropriately allocated.
    Assess and advice on the internal control systems and risk in all Operational areas including review of the suitability and reliability of management information systems.
    Oversee and provide quality control of internal audits and ensure goals are met and professional standards maintained.
    Coordinate audit activities together with Enterprise Risk and Compliance departments including risk assessment and audit findings tracking and provide input to the management committee.

    Audit Management & Execution

    Develop audit tests and evaluation programs, execute the audit assignments, ensuring quality and report on the audit results under the direction of the Group Head, Internal Audit.
    Lead audits of specific target areas identified from the overall risk assessment in consultation with the Group Head, Internal Audit to ensure a quality audit approach, achievement of set audit objectives and completion within agreed schedule.
    Guide/undertake consulting activities, as may be requested, in accordance with professional standards and provide sound advice on policies, procedures, risks and controls.
    Deliver accurate, timely and commercially relevant audit reports.
    Provide advice and effective challenge to internal stakeholders regarding the implications on the control environment on business strategic objectives.
    Undertake follow up of actions, and provide timely status updates, on closure of internal audit recommendations.
    Track and monitor other audit issues raised through External Auditors Management Letter, IRA and any other assurance providers.
    Undertake to assist in investigation of cases of internal and external fraud, as requested.

    Internal Business Processes

    Strong collaboration with other lines of defence to provide integrated assurance.
    Review procedures, processes and records to ensure they are in line with Company objectives and appraise policies and plans of activities, departments and functions under audit review.
    Manage and align assignment resources, efforts and goals; identify and remove barriers in order to achieve optimal results.
    Oversight over audit assignments and plans, schedule and review of work-papers.
    In collaboration with the Group Head of Audit, prepare reports for the Board Audit Committee highlighting key weaknesses/risk areas.
    Liaise with external auditors and other regulatory monitoring agencies and track recommendations to improve controls, promote growth and ensure compliance with the law, financial legislation and regulatory framework.

    Customer Relations

    Strong relationships and communications with Senior management to ensure concerns are addressed and expectations met.
    A unified view of risks and compliance to drive informed decisions.
    Liaise with departmental heads to ensure audit findings and recommendations are fully accepted and implemented.

    Learning & Development

    Quality of leadership experienced throughout the unit and how effectively that translates into a conducive work environment and employee satisfaction and retention.
    Adequacy of personal and staff competence development to effectively carry out the department’s responsibilities.
    Review regularly performance of staff against agreed objectives.
    Provide ongoing coaching and feedback to direct reports.
    Identify development and training needs and develop plans to satisfy areas identified.

    Qualifications

    Degree in Finance or related field.
    Master’s degree in a business-related discipline will be an added advantage.
    CPA (K)/ ACCA qualifications
    CIA qualification and member of The Institute of Internal Auditors Kenya (IIA)
    Professional certifications in COP, CISA, CFSA, CFE will be an added advantage

    Experience

    At least 10 years’ experience of auditing or enterprise risk management in an external audit/ Insurance environment.
    Good working knowledge of the TeamMate audit software and Data Analytics tools.
    Proven ability to perform well under pressure and regularly meet strict deadlines a fast-paced environment.

    Skills/Competencies

    Risk Management: Ability to anticipate and mitigate risk by developing appropriate Risk Management recommendations.
    Audit Standards & Legislation: Excellent knowledge of International Accounting and Audit Standards, and Legislations. Excellent knowledge of International Accounting and Audit Standards, and Legislations.
    Compliance & Regulatory Framework: Excellent understanding of the regulatory issues, reporting and operational requirement as provided by IRA, CMA, KRA etc.
    Conceptual and Analytical Skills: Strong analytical, planning and organization skills. Ability to quickly grasp and understand systems and keen to detail.
    Technology Skills: Knowledge of computerized Internal Audit Techniques, Computerized accounting and financial systems, Insurance applications, spreadsheets and other data analytical tools
    Results Oriented:  Strives to achieve results, enjoys measuring others, being measured, and being judged on performance standards and those of the team.
    Negotiation Skills: Must be a good negotiator, particularly in changing behaviour and work practices but always Win/Win.
    Communication & Interpersonal Skills: Excellent oral and report-writing skills, ability to work with, lead and build motivated teams.
    Leadership Skills, Team Building and ability to train, develop and mentor staff.

    Apply via :

    aig.wd1.myworkdayjobs.com

  • Business Development Officer – Direct Channel 

Claims Officer – Auto

    Business Development Officer – Direct Channel Claims Officer – Auto

    Duties & Responsibilities: –
    Sales Management

    To demonstrate sound and strict sales management discipline over your portfolio through a planned and focused business review program/goal setting on selected clients.
    To be proficient with sales numbers through weekly tracking and measuring of production trends to ensure budget are met.

    Business Development & Retention

    To drive and work with underwriters to identify new business opportunities and procure new business.
    To identify business opportunities and build accounts pipeline through clientele base.
    To engage in client visits.
    To work with underwriters to achieve targeted retention ratio.
    To target profitable market and secure healthy business portfolio and business mix.

    Reactivation & Productivity

    To identify and recover lost accounts to increase overall activity ratio.
    To support and execute activities to achieve targeted productivity ratio.

    Training & Engagement

    Organize client forums/round tables for good product awareness.
    To organize and participate in regular client engagement events.

    Campaign Management

    To initiate and execute sales campaigns to create opportunities for new business and/or renewal business through cross sell, up sell and portfolio analysis.
    To support campaigns through your sales activities in order to achieve campaign objectives.

    What we’re looking for:
    Qualifications

    Bachelor’s degree in Marketing/Insurance or Business from a recognized institution.
    Insurance Technical Qualifications CII/ACII or AIIK
    Marketing professional qualifications – desired

    Technical Skills and Expertise:-

    Experience in General Insurance industry with good knowledge of Consumer and Commercial products
    At least 5 years of sales and marketing experience in Insurance industry.
    Strong interpersonal skills and ability to build credibility quickly with new clients.
    High energy and self-driven to meet sales targets.
    Adaptable and able to work independently and under pressure.
    Strong people management skills and ability to deal with different stakeholders within the company.
    A self-starter, results-oriented and independent individual.
    Strong communication and persuasion skills.
    Possess initiative, creativity and able to ‘think-out-of-the-box”.
    Demonstrate problem-solving skills and willingness to roll up one’s sleeves to get the job done.
    Demonstrate experience driving growth through innovation – use of data analytics and insights in decision making.

    go to method of application »

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

    Apply via :

  • National Project Coordinator – Skills Development NOB (DC) 

National Project Coordinator – Market Systems Development NOB (DC)

    National Project Coordinator – Skills Development NOB (DC) National Project Coordinator – Market Systems Development NOB (DC)

    Reporting Lines

    The position works under the supervision of the Project Manager (PM) for Inclusive Growth through Decent Work in the Great Rift Valley. The overall technical backstopping will be done by the Employment Specialist based in CO Dar es salaam, the specialists for Skills Development and Lifelong Learning and for Sustainable Enterprises, Productivity and Just Transition, DWT Pretoria.

    Description of Duties

    In coordination with the Project Manager, provide programming, organizational, and administrative support to activities, including workshops for sectoral training bodies and vocational training centres.
    Conduct consultations with line-Ministries, central and county government departments; employers’ and workers’ organizations, private sector, development agencies on enterprises development issues particularly on skills development.
    Support the coordination of project implementation including through discussions with project implementing partners, field visits, development and analysis of progress reports, and participation in reviews and evaluations determining targets delivery.
    Organize training and orientation courses, seminars and workshops envisaged within the programme, taking notes of proceedings and write associated reports.
    Prepare briefs, periodical reports and data on status of project activities to ILO Dar es Salaam Country Office, Decent work country team Pretoria, Regional office and Headquarters.
    Ensure visibility of the project activities by drafting news items, taking quality pictures etc. and sharing them with the office communication unit Dar es salaam, Pretoria, regional office, and HQ.
    Assist in the capacity building of selected implementing partners to facilitate knowledge, awareness and smoother implementation of enterprise development programmes and strategies; working closely and collaboratively with them to implement project activities.
    Undertake missions to relating to project implementation.
    Collaborate with the project professional team and national partners in the design, implementation, monitoring and evaluation of activities, and in coordination with the ILO Field Offices and HQ.
    Provide inputs for budget preparation and other administrative related matters, including preparing relevant documentation for responsible ILO entities.
    Collaborate closely with relevant ILO programmes and projects, ILO units and responsible ILO offices and DWT as appropriate, to obtain technical inputs and share best practices and lessons learned.
    Prepare background information, programme briefs, periodical reports, gender analysis and related technical reports and statistical data on status  of  programme activities  for  internal  and  external distribution.
    Perform other relevant duties as assigned.

    Required qualifications
    Education

    First level university degree in economics, public policies, development studies or a relevant field. An advanced degree on studies on Skills development would be a strong advantage.

    Experience

    At least three years of work experience of programme/project implementation around skills development, entrepreneurship, monitoring and evaluation, applied research, or social work.   Familiarity with ILO policies, technical programmes, and procedures, including experience working with the United Nations. Experience in implementing development projects funded by donors is an asset. Experience in working with Governments, Employers and Workers organizations will be an advantage.
    Technical requirements: Proven experience in working effectively with government bodies in charge of skills development such as Technical Vocational Educational Training Authority (TVETA), National Industrial Training Authority (NITA), Kenya Institute of Curriculum Development (KICD), Ministry of Education, Kenya National and Qualification Authority (KNQA), Curriculum Development, and Assessment Council (CDACC) and with development partners would be an asset.

    Languages

    Excellent command in English. Working knowledge of Kiswahili is required.

    Competencies

    Knowledge of project and budget, project administration, and evaluation concepts and procedures, and of the mandate and structure of labour market institutions in Kenya.
    Knowledge of the office’s financial rules and regulations. 
    Good knowledge of the context and challenges for the project areas of expertise.
    Strong analytical skills and ability to justify requirements and approaches to problem resolution, and good drafting skills.
    Good ability to interpret project information and to identify and analyze problems with implementation
    Ability to communicate effectively both orally and in writing. Ability to clarify information
    Demonstrate collaborative and team work experience and ability to work effectively with a multicultural and interdisciplinary team, as well as to work on his/her own initiative.
    Ability to work independently, quickly, precisely, and take initiative and responsibility.
    Ability to work under pressure and to meet the deadline.
    Proficient in Microsoft Word, Power Point, Excel, web-browsers and database applications. 
    Ability to deal with people with tact and diplomacy.
    Ability to work in a multicultural environment and gender-sensitive behaviour and attitudes are also required.

    go to method of application »

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

    Apply via :

  • National Project Coordinator NOC (DC)

    National Project Coordinator NOC (DC)

    Reporting Lines

    The incumbent works under the direct supervision of the Director of ILO Country Office for the United Republic of Tanzania, Burundi, Kenya, Rwanda, and Uganda in Dar es Salaam (CO-Dar es Salaam) and will be technically backstopped by the Employment Specialist based in CO-Dar es Salaam, the specialists for Skills Development and Lifelong Learning and for Sustainable Enterprises, Productivity and Just Transition in the Decent Work Technical Support Team in Pretoria. Additional technical backstopping will be provided by ILO technical experts at the Sida funded global Systems Change Initiative in the MSME Branch in ILO Headquarters. Further technical support will be provided on a need basis by other relevant departments at ILO Headquarters.

    Description of Duties

    Lead the project timely implementation, monitoring and evaluation through management functions, including provision of technical and administrative supervision to the project team in line with the ILO policy, rules and regulations and according to the final project document and work plan.
    Contribute proposals for programme/project development and serve as national programme advisor to the Directorate and draft portions of programme and budget proposals, project proposals, programme background, country strategy papers, objectives and project reviews and evaluation. Monitor progress of ILO programmes, projects and activities, by reviewing, verifying and analysing work-plans, progress reports, final reports and other data for clarity, consistency and completeness. Promote the inclusion of gender equality and non-discrimination in all aspects of the project.
    Identify problems, propose solutions and action and follow-up with relevant departments at headquarters and regional office, executing agencies, government offices, constituents and other organizations to expedite implementation and meet targets.
    Develop effective partnerships with line ministries, country governments, employers and workers organizations, private sector, as well as other non-state actors, including youth and women organizations working to implement and evaluate ILO programme on enterprise development.
    Build the capacity of national implementing partners and support them in the development of programme activities in enterprise development related issues. Ensure the delivery of quality technical inputs, including qualitative and quantitative research in line with ILO core conventions on fundamental rights at work.
    Maintain close cooperation and coordination with government, employers’ and workers’ organizations in the planning and implementation of activities mainstreaming gender and disability issues under the project. Initiate, plan and conduct missions and visits to monitor, assess and report on project implementation and propose corrective action.
    Establish and develop knowledge management system covering technical activities under the project, including other economic and social issues of relevance to the project.
    Develop and maintain strong links with ILO specialists within the ILO Decent Work Team in Tanzania & Pretoria, and other colleagues in the field and HQ, on specific technical areas requiring comprehensive and collaborative interventions.
    Periodically report, monitor and facilitate the evaluation of all project’s components according to the project’s document and work plan. Prepare required technical progress reports and ad hoc reports on the status of project planning and implementation for submission to the ILO and the donor.
    Ensure high-level communications to increase project’s visibility at the national and international levels. This includes the responsibility to liaise with the UN country team, and other key stakeholders, to ensure effective coordination with relevant national strategies and related technical projects. Under direct guidance of Dar es Salaam maintain relations with mass media and concerned media groups in order to increase the impact of the project in society as a whole.
    Represent the project in various fora, under the guidance of the ILO Director. Strengthen relationships to cooperate and coordinate with governments, ministries, employers’ and workers’ organizations, non-governmental organizations, target groups and donors, in the planning and implementation of project /programme activities. 
    Undertake local resource mobilization activities with the private sector players and governments (both national and Counties) for realization of the Public Private Development partnerships project implementation model. Coordinate resource mobilization activities and new project partnerships, including ILO with constituents.
    Perform other related duties as assigned.

    Required qualifications
    Education

    A first level university degree (Bachelor’s or equivalent) in economics, education, business administration, social sciences, or a related discipline.

    Experience

    Minimum of five years of relevant experience in design, monitoring and evaluation of multi-stakeholder projects focussing on entrepreneurship, public/private development partnerships, enterprise development or skills development. Experience in resource mobilization especially through engagement with private sector and government agencies at national and county levels will be a must
    Technical requirements: good knowledge of Public and Private sector partnerships development, Enterprise development, as well as economic developments, poverty reduction, and Market Systems development. 

    Languages

    Excellent knowledge of the English. Working knowledge of Kiswahili is required.

    Competencies

    Good knowledge about social and economic development, including labour and employment trends in the country.
    Ability to maintain good working relationships with all project stakeholders.
    Ability to establish and maintain systems within project operations.
    Demonstrated ability to manage technical co-operation projects of international organizations.
    Ability to understand and effectively work with Government, workers’ and employers’ organizations, non-government organizations and UN agencies.
    Ability to conduct action-oriented research and write analytical technical report in English.
    Ability to conduct policy discussion and high-level political processes.
    Good communication skills, both written and verbal, to successfully advocate for and mobilize action to promote freedom of association and right to collective bargaining principles.
    Clear commitment to mainstream gender into project activities.
    Ability to lead and work in a team and good interpersonal relations.
    Ability to train and guide personnel.
    Ability to work under time pressure and meet deadlines.
    Ability to work in diversified environments.
     Proficient in basic computer software (Microsoft Word, PowerPoint, Excel, Adobe Reader) and ability to use other software packages required by the Office.
    Ability to work independently with a minimum of supervision.
    Ability to work in a multicultural environment and to demonstrate gender-sensitive and non-discriminatory behaviour and attitudes.

    Apply via :

    jobs.ilo.org

  • Intern – Motor Inspection & Valuation 

Intern – Sales & Marketing 

Intern – Tours and Travel 

Intern – Graphic Design

    Intern – Motor Inspection & Valuation Intern – Sales & Marketing Intern – Tours and Travel Intern – Graphic Design

    :​​​​MINIMUM REQUIREMENTS

    Recent graduates & college students.
    Undergraduate degree or Diploma in a related field.
    Self-drive, willingness to learn, interpersonal skills, & Communication skills are desired attributes.

    go to method of application »

    To apply, submit your CV, cover letter and other testimonials to jobs@aakenya.co.ke by the 13th May 2024 indicating “Internship program” on the subject line.

    Apply via :

    jobs@aakenya.co.ke

  • Reconciliations Accountant

    Reconciliations Accountant

    Reporting to the Financial Controller, this role is responsible for reconciliation of accounts in line with the company’s policy and ensure that all financial transactions are recorded accurately. This includes reviewing financial records to identify discrepancies and prepare reports detailing the findings and recommend corrective action to prevent future errors. Driving clearance of open reconciling items will be a key performance indicator.

    Responsibilities

    Reconcile and analyse general ledger and sub ledger accounts to source data and systems to ensure transactions are recorded accurately and account balances are accurately stated
    Scrutinize data from various source systems, investigate discrepancies, and collaborate with business and finance operations teams to address differences, outstanding issues, and unusual balances
    Prepare Excel templates needed for the analysis and reconciliation of complex accounts
    Ensure reconciliations are compliant with company financial standards and procedures in terms of ageing profile and volume of open items
    Providing analysis and commentary on any open items and liaise with relevant team members to actively investigate and resolve any unidentified differences in a timely manner
    Active involvement in determining SLA’s for interdepartmental dependencies affecting clearance of open items in reconciliations
    Responsible for reducing unexplained/unreconciled amounts and volumes month-on-month
    Any other duty assigned by management

    Audit & Compliance

    Ensure adherence to audit requirementsEnsure adherence to regulatory and compliance requirements

    Qualifications
    Experience
    Skills/Competencies

    Undergraduate degree in finance, accounting or related field
    Professional qualification : CPA (K) or ACCA
    Member of the Institute of Certified Public Accountants of Kenya (ICPAK)
    Relevant insurance industry experience
    Experience in performing bank reconciliations, balance sheet reconciliations, inter-company reconciliations and other financial transaction reconciliations
    Strong communication skills (both written & oral) and interpersonal skills to effectively work with different departments
    Strong analytical, planning and organization skills
    Proven ability to perform well under pressure and regularly meet strict deadlines a fast-paced environment
    Excellent spreadsheet skills (Excel)

    Time Management: Ability to handle multiple priorities, organize work and meet deadlines
    Attention to detail: Maintain accuracy of work
    Communication: Effective communication skills at all levels of business
    Strong team player

    Apply via :

    aig.wd1.myworkdayjobs.com

  • Credit Control Accountant – Broker Channel 

Senior Management Accountant 

Credit Control Accountant – Bancassurance & Travel Channel 

Senior Financial Accountant 

Credit Control Accountant – Agency Channel

    Credit Control Accountant – Broker Channel Senior Management Accountant Credit Control Accountant – Bancassurance & Travel Channel Senior Financial Accountant Credit Control Accountant – Agency Channel

    Reporting to the Credit Control Manager, this role maintains accounts and secures payments on an assigned group of delinquent accounts for selected high-volume producers and complex accounts by means of telephone, correspondence, or personal contact. Maintains complete and accurate financial records. Prepares standard financial statements and reports. Develops basic reports and maintains ledgers.

    Responsibilities
    Credit Control Operations

    Daily review of receipts and payments postings to debtor’s ledger, ensuring they balance with the cash book
    Daily identification of un-allocated cash (receipts) and payments in the debtor’s leger
    Review of monthly leger and statements – prepare exceptional report and identify write offs, and overdue premiums
    Meet weekly collection targets and refer problem accounts to the department managers
    Refer defaulting accounts to lawyers to institute legal action or to debt collectors after approval by the credit committee
    Ensure the monthly Withholding Tax and annual returns are prepared
    Convene the war room and follow up action plans, distribute and explain data to the Underwriting department managers
    Recommend to the credit committee which producers should have their credit facility withdrawn
    Liaise daily with underwriters on queries raised by the producers
    Monthly review of bad debts and provisions
    Ensure debtors leger is properly aged and is in agreement with the GL
    Check and review broker’s commissions monthly, ensure that the paid commissions are allocated
    Ensure that only licensed brokers are paid commissions

    Audit & Compliance

    Ensure adherence to Credit Control Policy and Procedures
    Ensure adherence to Adherence to L2SOS, Accounts Receivables SLA
    Ensure adherence to Cancellation / Dunning procedures
    Ensure adherence to audit requirements
    Ensure adherence to regulatory and compliance requirements

    Qualifications
    Experience

    Undergraduate degree in finance or related field
    Professional qualification : CPA (K) or ACCA or Diploma in Credit Control
    COP or Diploma in insurance will be an added advantage

    Skills/Competencies

    Relevant insurance industry experience
    Practical exposure to credit control accounting and preparation of producer statements
    Good communication skills (both written & oral) and interpersonal skills to effectively work with different departments
    Strong analytical, planning and organization skills
    Proven ability to perform well under pressure and regularly meet strict deadlines a fast-paced environment
    Excellent spreadsheet skills (Excel)
    Time Management: Ability to handle multiple priorities, organize work and meet deadlines
    Attention to detail: Maintain accuracy of work
    Communication: Effective communication skills at all levels of business
    Strong team player

    go to method of application »

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

    Apply via :

  • Actuarial Manager

    Actuarial Manager

    Make your mark in Actuarial

    The Actuarial Manager will have the responsibility of building an actuarial function for AIG Kenya Insurance Company Limited . Actuaries are on the front line, quantifying risks, pricing insurance and reserving losses. You will collaborate with Finance, Claims, Operations, Marketing and Risk Management among other functions in addressing adherence to Solvency and Minimum Capital Requirements (MCR). You will be responsible for the assessment of premiums and reserve adequacy and support the management of all insurance related risks and the optimization of the Reinsurance structure. Within AIG Kenya, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk.

    How you will create an Impact:

    Develop a documented, approved and tested technical provision process and methodology to calculate technical provisions
    Develop processes, procedures, and metrics to enable the business monitor, assess and control the requirements needed to comply with the Minimum Capital Requirement (MCR) with respect to the investments policies and the valuation of assets, underwriting policy, pricing and product development
    Develop processes and procedures to validate budget assumptions and ensure that the budgeting process is in line with the risk appetite and strategy and make projections for expected loss ratios for all lines of business for budget purposes
    Assist in model validation of standard model for MCR calculations, in accordance with the directive and associated guidance as well as provide technical support for the Own Risk and Solvency Assessment
    Develop procedures to produce, document and report opinions on the adequacy of reinsurance arrangements and align/implement a reinsurance strategy in line with solvency requirements
    Interaction with all underwriting departments in AIG (Commercial and Consumer lines) and provide support with Portfolio Analysis and Management

    Qualifications
    Experience
    Skills/Competencies

    Bachelor’s degree in Actuarial Science, Mathematics, Statistics or equivalent
    Completed professional examinations from the Institute and Faculty of Actuaries, or equivalent recognised qualification
    Short term insurance industry knowledge and experience as an Actuary
    Experience with and/or knowledge of reserving, pricing, risk modelling, market and the industry financial reporting and regulations
    Proficiency in actuarial concepts/methodologies
    Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions
    Business Acumen: Knowledgeable in current and possible future policies, practices, trends, technology and information affecting the business/organization
    Drive for Results: Very bottom line oriented
    Reserving: Skilled at estimatingPricing: Applies an in-depth knowledge of product features to create or change pricing models and assumptions
    Risk Modelling:Applies outputs from models in various practical uses, including economical capital models, technical pricing levels and to estimate appropriate risk margin under various accounting systems (i.e. IFRS)
    Market and Industry: Has a solid understanding of the property/casualty industry (including product knowledge, regulatory requirements, accounting systems, distribution systems, marketing strategies, reinsurance, etc)
    Regulatory: Maintains knowledge of regulatory requirements and is able to easily research information needed to ensure compliance with the Regulatory Authority

    Apply via :

    aig.wd1.myworkdayjobs.com

  • Technical Training Manager

    Technical Training Manager

    Job Summary;

    This position is responsible for researching, developing, delivering and reviewing technical training programs efficiently for achievement of the Company’s objectives.

    Key Performance Areas;

    Research and Business Development.
    Training and service delivery.
    Business processes and communication.
    Performance Management.

    Minimum job requirements:

    For appointment to this position one must have:

    A Bachelor’s degree in Automotive/Mechanical Engineering with training in a business related field, or Bachelor’s degree in a business related field with training in Automotive or Mechanical Engineering.
    Diploma in Technical Training.
    A minimum of 5 years’ experience with at least 2 years in Business Development and technical training positions or equivalent.
    Excellent leadership and negotiation skills.
    Good presentation and communication skills.
    Must demonstrate proficiency in Microsoft Office
    Must have exceptional verbal and written communication skills.
    Research and project management skills.
    Excellent time management skills.

    Apply via :

    forms.zohopublic.com