Denis Muthuri
Assistant Underwriter at ATIDI - African Trade & Investment Development Insurance- Claim this Profile
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Bio
Experience
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ATIDI - African Trade & Investment Development Insurance
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Kenya
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Insurance
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1 - 100 Employee
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Assistant Underwriter
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Apr 2021 - Present
• Assist Underwriters in Underwriting business by; Screening business enquiries based on eligibility criteria, Assess the risks of the proposed transactions and produce a report of the risk to convince approvers to accept the risk, Issue non-binding/indicative term sheets, Arrange reinsurance for transactions requiring reinsurance support, Preparation of policy documents, Educating policy holders on the A-Z of the policy they are about to sign • Supporting and guiding in; timely payment of premiums, following up on outstanding documents/information from policy holders, continuous monitoring of the assigned portfolio, pre-empting any potential risk events and bringing such to management’s attention. • Assist in generation of business through marketing activities and increasing the visibility of ATI. • Organize/manage awareness events in countries of responsibility Show less
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African Reinsurance Corporation
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Nigeria
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Insurance
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100 - 200 Employee
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Underwriting and Marketing Department
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Aug 2018 - Apr 2021
• Analysis and acceptance of businesses offered by clients in accordance to our underwriting guidelines. • Responsible for the Nairobi office Facultative portfolio. Preparation and presentation of various management reports and any queries that may arise. • Vigorous marketing by frequently organizing marketing visits and calls to clients so as to maintain a good business relationship and grow our facultative portfolio • Following up on Treaty statements of accounts and facultative closings • Following up and sending renewal warnings to clients. 90 percent renewal retention. • Analysis and Provision of profitability reports when it comes to business renewal • Member of the Nairobi office debt collection committee whereby we are responsible in following up on outstanding balances and reconciliation. Show less
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Reinsurance Broker
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Nov 2017 - Jul 2018
• Analysis of cedant statistics and creation of a structure during the renewal period while creating a reinsurance programme • Forwarding of renewal statistics/structure and requesting for terms from various reinsurers • Assisting clients in preparation of statements of accounts • Facilitating preparation of Cover Notes relating to Treaty and Facultative Business • Preparation of Minimum and Deposit Premium Debit/Credit notes and ensure collected balances from respective cedants have been remitted to the reinsurers as per the laid down procedure • Collect and book returns and follow up on payments • Confirm and reconcile Treaty statements of accounts before circulation to reinsurers. • Placement of facultative offers from cedants Show less
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Underwriting Assistant
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Nov 2016 - Oct 2017
• Analysis and acceptance of Facultative offers • Following up on renewals and providing a profitability analysis before acceptance. • Maintaining of our accepted offers on an excel sheet and following up on Facultative closings • Scanning of slips and closings and sending them to brokers and ceding companies • Responding to general mails as allocated by the supervisor • Organize for archiving of the facultative slips and general mails • Analysis and acceptance of Facultative offers • Following up on renewals and providing a profitability analysis before acceptance. • Maintaining of our accepted offers on an excel sheet and following up on Facultative closings • Scanning of slips and closings and sending them to brokers and ceding companies • Responding to general mails as allocated by the supervisor • Organize for archiving of the facultative slips and general mails
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finance assistant
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May 2016 - Oct 2016
• Verifying accuracy of invoices from vendors and prepared payment vouchers in compliance with PASGR financial policies. • Provide logistical support in making travel arrangements and hotel bookings on behalf of PASGR staff. • Managing the office petty cash and preparing bank reconciliations. • Raising purchase orders for various items being procured. • Processing cash and travel advances for all staff and verifying accounting. • Maintaining a proper filing system for finance documents. • Maintain a Fixed Assets register and prepare inventory reports. Show less
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Back office and accountant
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Sep 2014 - Sep 2015
• Participated in the initial set up of a new start up business. • Supervised all system installations. • Followed up on all Central Bank of Kenya requirements prior to inspection. • Processed all payments including statutory payments and payments to vendors. • Posted invoices and daily expenses in the financial system • Set up daily exchange rates in the system and submit relevant Central Bank Reports. • Updated the general ledger and assisted in preparation of monthly financial reports. Show less
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Finance Assistant
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Jan 2014 - Aug 2014
• Verifying accuracy of invoices from vendors and prepared payment vouchers in compliance with PASGR financial policies. • Provide logistical support in making travel arrangements and hotel bookings on behalf of PASGR staff. • Managing the office petty cash and preparing bank reconciliations. • Raising purchase orders for various items being procured. • Processing cash and travel advances for all staff and verifying accounting. • Maintaining a proper filing system for finance documents. • Maintain a Fixed Assets register and prepare inventory reports Show less
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Education
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University of Nairobi
Bachelor’s Degree, Actuarial Science