Madison Money Market Fund
Daily Yield: 13.97%
Effective Annual Yield: 14.99%Madison Fixed Income Fund
Daily Yield: 13.81%
Effective Annual Yield: 14.81%Madison Wealth Fund
Weekly Average Daily Yield: 14.28%
Weekly Average Effective Annual Yield: 15.35%
ASSISTANT UNDERWRITERS ( KISII, HEAD OFFICE)
Madison General Insurance Kenya Limited, a subsidiary of Madison Group and a leading provider of general insurance products throughout Kenya, is recruiting for the above positions.
Key Responsibilities
- Processing of underwriting transactions such as new businesses, renewals and endorsements.
- Processing and issuance of motor certificates, valuation letters, cover notes and yellow cards.
- Advice, process and update policies as per the valuation reports.
- Underwriting and processing work allocated from immediate supervisor and ensuring all debits are put through in the correct month to facilitate premium collection.
- Assisting clients in identifying our products that suits their needs in line with insurance principles.
- Prepare and issue cancellation notices in case of non-payment of premium for specified covers
- Preparation and issuance of renewal notices sixty dates before renewal date.
- Follow up renewals to ensure retention targets met
- Assist in claims handling.
- Assist in preparation and issuing quotations.
- Attending to all telephone enquiries by our clients and intermediaries as well as giving clarifications and guidance where necessary.
- Liaising with other departments on matters related to work at my disposal and any other enquiries that point towards a better working environment.
- Liaising with intermediaries’ brokers and agents to solve any problems they may have and ensure efficient service delivery.
- Assist in reconciliation by debiting all risk notes both for Corporate, Branch and Bancassurance section
- Assist in preparing loss ratios and risk reviews.
- Any other duties that may be allocated from time to time.
Skills and Competencies Required
- Good analytical and problem-solving skills
- Excellent communication and presentation skills.
- Excellent customer care skills.
- Excellent interpersonal skills.
- Computer literate in MS Office and other office applications.
- Technical competence in insurance.
- Basic knowledge of regulations by IRA.
Academic /Professional Qualification
- Up to (1) year relevant experience.
- Bachelor’s degree in business or in a related field.
- Good progress in professional qualification in Insurance (IIK).
Applications should be addressed to the Group Human Resources Manager, Madison Group Limited,
Email: hr_recruitment@madison.co.ke so as to be received by
Wednesday 15th October, 2024.