Senior Underwriters (Two Positions) – International (Treaty/Facultative)

Senior Underwriters (Two Positions) – International (Treaty/Facultative) Kenya Reinsurance Corporation Limited About the Role Kenya Re is seeking two experienced Senior Underwriters to join our international reinsurance team. In this pivotal position, you will evaluate, price, and approve complex reinsurance treaties and facultative risks while driving portfolio profitability and sustainable business expansion. This role uniquely blends sophisticated technical underwriting expertise with business development, strategic market analysis, and mentoring responsibilities. What You'll Be Doing Underwriting and Risk Evaluation You will analyse, negotiate, and approve intricate reinsurance treaties and facultative risks within your delegated authority. Drawing on actuarial insights, market intelligence, and rigorous financial analysis, you will determine competitive premiums, negotiate favorable terms, and structure appropriate coverage solutions. Your risk assessments will be thorough and evidence-based, ensuring sound acceptance or declination decisions. Building Business Relationships You will cultivate and strengthen partnerships with brokers, cedants, and retrocessionaires, becoming a trusted advisor in the reinsurance market. You will actively identify emerging business opportunities and provide valuable market intelligence to inform company strategy. Your responsiveness and commitment to service excellence will define how clients and brokers experience Kenya Re. Managing and Analyzing Portfolio Performance You will monitor your portfolio continuously to uncover opportunities for growth and improved profitability. Reconciling accounts and verifying treaty statements of accounts alongside facultative closings will be core responsibilities. When complex underwriting challenges arise, you will analyze emerging issues and support their resolution collaboratively. Leading and Developing Teams As a senior member of the underwriting function, you will mentor and coach junior underwriters, helping them develop their technical skills and professional judgment. You will also contribute meaningfully to the development and refinement of underwriting policies and procedures. Maintaining Compliance and Governance Standards Every decision you make will align with company policies and applicable regulatory requirements. You will stay current with compliance expectations and support the organization's governance framework. What We're Looking For Educational Background You hold a Bachelor's Degree in Actuarial Science, Statistics, Mathematics, Commerce, Insurance, Business Administration, or a related discipline. Professional Credentials and Certifications You are an Associate of the Chartered Insurance Institute (ACII – London) or Associate of the Insurance Institute of Kenya (AIIK) or hold an equivalent professional qualification. You have completed a supervisory course of at least two weeks duration. You demonstrate proficiency with relevant computer applications and underwriting systems. You satisfy the requirements outlined in Chapter Six of the Constitution of Kenya. Relevant Experience You bring a minimum of six years of professional experience in insurance or reinsurance underwriting. You possess advanced expertise specifically in treaty and facultative reinsurance. French language proficiency is highly desirable. Core Competencies You are an accomplished negotiator with strong communication and presentation abilities. Your analytical and problem-solving skills are well-developed. You have proven experience applying analytical tools and statistical packages in underwriting contexts. You possess deep, practical knowledge of reinsurance products, policy wordings, and market dynamics. Your judgment is sound, your attention to detail is meticulous, and you are confident in making significant decisions.