Vacancy – Branch Manager

Our client, The Monarch Insurance Company Limited is a leader in the insurance sector with over 40 years’ experience in insurance service providing tailored products in both general and life insurance. They are looking for a dynamic, innovative and result-orientated individual to fill in the following position in their branches within Nairobi and/or Upcountry

BRANCH MANAGER

Reporting to the Marketing Manager, the Branch Manager will be responsible for the administration and efficient daily operation of a full-service branch office, including operations and growth of the branch in accordance with the Company’s objectives.

Principal Accountabilities

• Maintaining communication with agents, brokers, and other stakeholders to obtain further market information, quote rates, or explain the company’s underwriting policies
• Researching on any new issues or regulations to ensure that the branch is in line with current marketing developments and best practices
• Conducting business follow ups for existing clients and making decisions on renewal terms to apply based on past performance
• Identifying new marketing Initiatives through designing marketing and sales strategies
• Performing marketing and public relations activities to create business awareness
• Managing branch resources and equipment to minimize operational costs and overseeing branch activities in accordance with the company policy
• Preparing and sending reports to the Head Office and giving updates of the business status
• Determining and developing the annual budget for the daily expenses of the branch
• Analyzing documents for the different classes of insurance to determine the degree of risk considering the underwriting factors for each particular class
• Managing the branch’s overall operations

Key Qualifications and Experience

• Bachelor’s Degree in Commerce or any business-related course
• At least 5 years’ experience in the insurance sector
• AIIK/ACII (Associate of Chartered Insurance Institute of London) qualifications
• Technical competence in underwriting insurance, risks and claims handling
• Ability to analyze and interpret statistics and statistical data
• Knowledge of company products and country laws
• Knowledge of insurance laws and regulations by AKI, IRA RBA, KRA

Interested candidates are requested to forward their updated CVs to recruit@virtualhr.co.ke stating the subject heading “BRANCH MANAGER” by Wednesday, 17^th  March 2021 clearly indicating their current and expected remuneration (MUST), daytime telephone contacts and addresses of three referees. The position is filled as soon as a suitable candidate is found. Only shortlisted candidates will be contacted.