Head Of Insurance Products

Status
Offen
Quelle
MyJobMag
• Job Type Full Time
• Qualification BA/BSc/HND
• Experience 7 years
• Location Nairobi
• Job Field Insurance
• Bachelor's degree in Insurance, Actuarial Science, Business, Finance, Economics or a related field. COP is required.
• At least 7 years' experience in insurance, with strong exposure to product management, business development, distribution or portfolio management.
• Demonstrated experience in insurance product development, insurer/underwriter partnerships, claims and commercial performance.
• Strong understanding of the Kenyan insurance market and IRA regulatory environment.
• Proven experience leading teams and delivering revenue, premium and portfolio growth.
• Strong analytical, negotiation, relationship management and commercial decision-making skills.
• Insurance Product Strategy: Lead the insurance product strategy, including development, launch, review and enhancement of products based on customer and market needs.
• Business Opportunities: Identify new insurance business opportunities, customer segments and distribution channels, including digital and embedded insurance solutions.
• Partnership Management: Manage relationships with insurance companies, underwriters and other strategic partners, including negotiations on product terms, pricing, commissions and service standards.
• Revenue and Portfolio Growth: Drive premium/revenue growth, product uptake, renewals, customer retention and portfolio profitability.
• Performance Monitoring: Track key portfolio indicators including sales performance, claims experience, loss ratios, conversion, retention and customer satisfaction.
• Claims Management: Oversee the claims management process, ensuring efficient follow-up, resolution and a positive customer experience.
• Team Leadership: Lead, coach and manage the insurance sales/business development team to achieve agreed targets.
• Go-to-Market Plans: Develop and execute sales, partnership and go-to-market plans for insurance products.
• Regulatory Compliance: Ensure products, sales practices, customer communication and operations comply with Insurance Regulatory Authority (IRA) requirements, the Insurance Act and applicable Kenyan insurance regulations.
• Cross-Functional Collaboration: Work closely with Risk, Compliance, Finance, Marketing and Operations to strengthen controls, reporting and overall product performance.
• Reporting & Insights: Provide management with regular portfolio performance reports, market insights and recommendations for growth.
• Job Type Full Time • Qualification BA/BSc/HND • Experience 7 years • Location Nairobi • Job Field Insurance • Bachelor's degree in Insurance, Actuarial Science, Business, Finance, Economics or a related field. COP is required. • At least 7 years' experience in insurance, with strong exposure to product management, business development, distribution or portfolio management. • Demonstrated experience in insurance product development, insurer/underwriter partnerships, claims and commercial performance. • Strong understanding of the Kenyan insurance market and IRA regulatory environment. • Proven experience leading teams and delivering revenue, premium and portfolio growth. • Strong analytical, negotiation, relationship management and commercial decision-making skills. • Insurance Product Strategy: Lead the insurance product strategy, including development, launch, review and enhancement of products based on customer and market needs. • Business Opportunities: Identify new insurance business opportunities, customer segments and distribution channels, including digital and embedded insurance solutions. • Partnership Management: Manage relationships with insurance companies, underwriters and other strategic partners, including negotiations on product terms, pricing, commissions and service standards. • Revenue and Portfolio Growth: Drive premium/revenue growth, product uptake, renewals, customer retention and portfolio profitability. • Performance Monitoring: Track key portfolio indicators including sales performance, claims experience, loss ratios, conversion, retention and customer satisfaction. • Claims Management: Oversee the claims management process, ensuring efficient follow-up, resolution and a positive customer experience. • Team Leadership: Lead, coach and manage the insurance sales/business development team to achieve agreed targets. • Go-to-Market Plans: Develop and execute sales, partnership and go-to-market plans for insurance products. • Regulatory Compliance: Ensure products, sales practices, customer communication and operations comply with Insurance Regulatory Authority (IRA) requirements, the Insurance Act and applicable Kenyan insurance regulations. • Cross-Functional Collaboration: Work closely with Risk, Compliance, Finance, Marketing and Operations to strengthen controls, reporting and overall product performance. • Reporting & Insights: Provide management with regular portfolio performance reports, market insights and recommendations for growth.

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