Insurance Head – KAKI PLC
Banking and Insurance, Business and Administration, Management
KAKI PLC
KAKI PLC is an official dealer and assembler of ISUZU vehicles in Ethiopia. It is also engaged in different business lines including import, export, metal fabrication, after sales services, and cargo freight transport operations. The company wishes to employ a qualified professional for the Insurance Head position:
General Duties and Responsibilities:
Manage and coordinate the entire insurance related matters, including buying insurance policies for all physical, financial and human resources, claiming insurance or compensation when accident happens, collecting compensation as per policy, while maintaining company policy and procedures and laws and regulations.
Specific Duties and Responsibilities:
- Plan, organize, coordinate and supervise insurance activities of the Company.
- Ensure that insurance policies, procedures and guidelines are adhered to.
- Recommend type of insurance policy to be purchased to transfer risks.
- Follow up purchase of insurance coverage and evaluate purchased policy coverage.
- Examine insurance claims to determine whether they are proper or not.
- Follow up settlement of insurance claims to ensure that it is completed to the best interest of the company.
- Follow up the process of reclaiming premiums as appropriate.
- Advise the management whether to retain risk or not, settle insurance claims, renews insurance agreements and initiates request of insurance premiums.
- Make sure that all insurance related documents are well organized and kept safe.
- Assist all concerned in handling insurance claims.
- Ensure timely settlement of premium payments.
- Ensure insurance documents are well organized and filed properly.
- Ensure that appropriate copies of documents are timely sent to the relevant concerned managers including the HR, and the Finance Dept. as appropriate.
- Coordinate with Finance Department to conduct survey of current market prices of properties with objective of revaluation of those properties/assets.
- Monitor property and employees’ safety to minimize potential risks.
- Coordinate with HR and others to ensure an effective implementation of health and safety policy and procedures.
- Ensure timely renewal of properties, employees GPA and illness insurance coverage’s.
- Evaluate and report recommendations about new insurance coverage that will help the company to minimize insurance costs.
- Liaise with the training manager to organize staff training sessions.
- Conduct employee performance appraisal periodically to evaluate how well employees have completed their duty and to take any needful action accordingly.
- Prepare performance report for submission to immediate supervisor.
- Perform other duties as assigned by the Company.
Required Number : 1(One)
Qualification : BA Degree or MA Degree in Insurance, Management or related field of studies
Work Experience : 6 years for BA Degree, and 4 years for MA Degree graduate in relevant role
Required Competence :
– Communication and relationship building skill.
– Computer skill, communication skills, English language proficiency.
– Proven knowledge and experience of insurance and related aspect.
Based on the Company Scale
