Organization: African Trade Insurance Agency (ATI)
Duty Station: Kampala, Uganda
Reports to: Chief Underwriting Officer
The
African Trade Insurance Agency (ATI) is a multi-lateral established by African
States with the support from the World Bank and the African Development Bank.
ATI provides insurance, co-insurance, reinsurance and other financial services
to foster trade and investments in its African Member States for the purposes
of promoting trade, investment and other productive activities in Africa.
Key Duties and Responsibilities:
- The incumbent will develop and implement
policies and procedures for investigating, evaluating and managing risks
and settlement of claims. Propose improvements in the underwriting
guidelines based on claims and other experiences. - Offer technical support to the underwriting
and accounts departments in all phases of claims handling and loss
prevention. - Update and maintain records and to provide
file management of claims paid in conjunction with accounts department. - Provide analytical, and technical support to
the CFO in the coordination of insurance policies, loss prevention
reporting and claims management. - Put in place a system for managing individual
and portfolio exposures. - In charge of the identification and
mitigation of risks and bad debts including advising the Agency on the
acceptance of liability for claims. - Measure financial impact of claims and
recommend appropriate actions to avoid, retain or transfer the risk. - Periodic assessment of underwritten risks.
- Provide analytical and technical support on
all claims, and determining their accuracy. - Forecasting of prepayments, delinquencies,
and defaults. - Project and calculate expected losses for
setting loss reserves. - Carry out baseline analysis of risk exposures
and insurance coverage. - In charge of tracking and monitoring
Enterprise Risk Management (ERM) schedules. - Responsible for designing and maintaining
loss reports and monitor claim trends. - Organizing the debt collection processes (pre
and post claim). - Actively collect once an overdue report has
been received. - Select and manage debt collection agencies.
- Communicate with clients, obligors, banks and
all other interested parties in claim processing and prevention. - Keenly review and negotiate changes in policy
wording. - Prepare specifications for improvements of
the underwriting system related to the above. - Organize the filing for over-dues and claims.
- Manage the library of clauses and accepted
changes to the policy wording. - Assess the impact of the changes in law
applicable in policies and other contractual documents related to
underwriting. - Guide on other legal and contractual
documents used in underwriting.
Qualifications, Skills and Experience:
- The ideal candidate should preferably hold a
University degree in Insurance, Finance, Banking, Law plus a professional
qualification in Insurance. - Possession of a Master’s Degree in a related
field - At least five years’ experience in Risk
Management. - Three years’ experience in insurance claims
management. - Extensive experience with legal documents
used in the insurance and banking industry. - Extensive experience with common and commercial law.
- Previous experience with debt collection and
claims management. - Expert knowledge of credit bureau data and
products. - Exceptional analytical skills.
- Strong organizational skills.
- Excellent communication and negotiation
skills. - Competence in English both orally and written
is a prerequisite. Knowledge of
French is added advantage. - Ability to provide financial and insurance
accounting support. - Willingness to travel.
All
suitably qualified and interested candidates should send an application letter,
Personal History Form, Download
Here ,updated CV, details of your current remuneration package and
three references to recruitment@ati-aca.org.
Deadline 7th March, 2016 at Midnight, Nairobi time.
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