Senior Underwriters– International (Treaty/Facultative) Job Kenya Re

Insurance Jobs. Kenya Reinsurance Corporation Limited Jobs

Job Purpose

• The Senior Underwriter is responsible for evaluating, pricing, and accepting complex reinsurance treaties and facultative risks to ensure portfolio profitability, sustainable business growth, and excellent client satisfaction. The role combines high-level technical underwriting with business development, market analysis, and team mentoring.

Key Responsibilities

Underwriting & Risk Assessment

• Analyse, negotiate, and approve complex reinsurance treaties and facultative risks within approved authority limits.
• Utilize actuarial data, market trends, and financial analysis to determine appropriate premiums, terms, and coverage structures.
• Conduct thorough risk assessments and make informed acceptance/declination decisions.

 Business Development & Stakeholder Management

• Build and maintain strong relationships with brokers, cedants, and retrocessionaires.
• Identify new business opportunities and provide market intelligence for strategic planning.
• Deliver excellent and responsive customer service to clients and brokers.

Portfolio Management & Analysis

• Monitor portfolio performance to identify growth and profitability opportunities.
• Reconcile accounts and verify treaty statements of accounts and facultative closings.
• Analyse emerging issues and support resolution of complex underwriting challenges.

 Team Leadership & Development

• Mentor and train junior underwriters.
• Contribute to the development of underwriting policies and procedures.

Compliance & Governance

• Ensure all underwriting decisions comply with company policies and regulatory requirements.
• Perform any other duties as may be assigned from time to time.

Qualifications

• A Bachelor’s Degree in Actuarial Science, Statistics, Mathematics, Commerce (Insurance), Business Administration, or a related field.

Professional Qualifications

• Associate of the Chartered Insurance Institute (ACII – London) or Associate of the Insurance Institute of Kenya (AIIK) or equivalent.
• Completion of a Supervisory Course lasting not less than two (2) weeks.
• Proficiency in computer applications and underwriting systems.
• Fulfilled the requirements of Chapter Six (6) of the Constitution of Kenya.

Experience

• At least six (6) years of relevant work experience in insurance or reinsurance underwriting.
• Advanced expertise in treaty and facultative reinsurance.
• French language proficiency will be a distinct advantage.

Key Competencies

• Excellent negotiation, communication, and presentation skills.
• Strong analytical and problem-solving abilities.
• Proven underwriting experience with analytical tools and statistical packages.
• Deep knowledge of reinsurance products, wordings, and market dynamics.
• Sound judgment, attention to detail, and confident decision-making

How to Apply

Some of these positions will be on either fixed term contract or permanent and pensionable terms of employment, in accordance with the provisions of the Corporation’s Human Resource Policy and Procedures Manual and as indicated in the schedule above.

The detailed job specifications, job descriptions, requirements for appointment, and instructions on how to apply can be accessed on the Kenya Re website under the Careers section. Applicants should indicate their current or most recent salary in their CV, as well as whether they are persons living with a disability (PLWD). They should submit, by email, their CV, credentials, and cover letter (as attachments), quoting the position applied for and outlining how they meet the requirements for the position, addressed to:

The Human Resource Manager
Kenya Reinsurance Corporation Limited
P. O Box 30271, 00100 GPO
NAIROBI

E-mail: recruitmentkrc@kenyare.co.ke.

Closing Date: 29th June 2026