Or your alerts

Underwriting & Operations Trainee at Sidian Bank


Accounting, Auditing & Finance

KES Confidential
1 week ago

Job Summary


Job Description/Requirements

Job Description

(adsbygoogle = window.adsbygoogle || []).push({});

At Sidian Bank, we recognize the significant accountability and inherent risks that an entrepreneur takes to make his ideas and dreams a reality. It is for this reason that our mission is to empower entrepreneurs to create wealth through provision of transformational financial solutions that meet entrepreneurs needs and facilitate growth through convenience and choice.


Management of branches assigned to for:

Business retention and policy renewal management Client’s insurance policies application and advising on the risk rates and acceptable terms, Debiting of policies in the Bancassurance system and policy declarations. Claims Analysis


General Business Underwriting & Operations Key – 40% Business Management, Underwriting and Operations (9 Branches) – 30% Customer Experience Management – 10% Risk and Compliance – 5%


General Business Underwriting & Operations Key – 40%

General business rates and terms negotiation to ensure all customers get value out of quotes issued and covers placed. Ensure SLAS define all TATs around the underwriting and operations processes Enhance and maintain a good business relation between the intermediary and the insurance companies. Ensure renewal notices are sent out to assigned intermediaries’ customers at least a month prior to policy expiry Track the renewal ratio for the assigned branches in the intermediary and advise the bank on the strategies to grow and maintain the overall ratio at 80% File ALL insurance pledge forms and ensure renewal with the intermediary

Business Management, Underwriting and Operations (9 Branches) – 30%

Process and renew policies in the bancassurance system. Ensure Motor certificates, cover notes and policy documents are issued to the clients. Advise Branches and clients on Insurance rates and terms. Ensure Policy reinstatements revisions and endorsements are done and communicated to the underwriters. 9 Branches management on Debt collection, Policy renewals and policy cover issue. The branches include. Ensure accurate debit notes & credit notes are raised in the bancassurance system. Ensure accurate policy endorsements and revisions are raised in the system. Ensure Policy contra and cancellation credit notes are raised in the system.

Customer Experience Management – 10%

Meet the departmental internal customer satisfaction. Identify opportunities for business development and providing insightful feedback on products and solutions that help in the customization and development of new products/solutions. Deliver high level customer service and client satisfaction.

Risk and Compliance – 5%

Ensure all Insurance companies under the bank insurance panel signed Service Level Agreement. Ensure we comply with IRA on the Bancassurance Intermediary appointment and onboarding as an intermediary to appointed insurance companies. Ensure implementation and compliance with operational policies and procedures, AML/CFT Policy.


This section records how decisions are made and the accountability for making decisions. Give examples Day to day making of Business decisions and advising customers on their insurance needs and costs. These include ALL clients in assigned branches. In The position holder is expected to make informed decisions and give customers advise on the same. Any matter involving premium refunds will be referred to the Finance and operations team who will seek approval from Head of Bancassurance before effecting



Bachelor’s Degree (Preference given to Actuarial, Insurance, Statistics or a Business-Related Course)


At least 1 years in insurance, preferably in Bancassurance back office operations and claims experience.


Knowledge in Bancassurance Underwriting and Operations procedures. Knowledge in Insurance and Insurance products. Good Analytical and Interpersonal Decision-making skills.


Important Safety Tips

  • Do not make any payment without confirming with the BrighterMonday Customer Support Team.
  • If you think this advert is not genuine, please report it via the Report Job link below.
Report Job

Share Job Post

Lorem ipsum dolor (Location) Lorem ipsum KES Confidential

Job Function : Lorem ipsum

1 year ago

Lorem ipsum dolor (Location) Lorem ipsum KES Confidential

Job Function : Lorem ipsum

1 year ago

Lorem ipsum dolor (Location) Lorem ipsum KES Confidential

Job Function : Lorem ipsum

1 year ago

Stay Updated

Join our newsletter and get the latest job listings and career insights delivered straight to your inbox.

We care about the protection of your data. Read our privacy policy.

This action will pause all job alerts. Are you sure?

Cancel Proceed
Report Job
Please fill out the form below and let us know more.
Share Job Via Sms

Preview CV