ATI recruits 01 Senior Underwriter
The African Trade Insurance Agency (ATI)
Nairobi, Kenya
Senior Underwriter
The African Trade Insurance Agency (“ATI”) is a pan-African multilateral financial institution established
in 2001 by African States. ATI was originally launched with the technical and financial support from the
World Bank Group and has had more recent support from the African Development Bank. ATI has grown
into a market leader for risk mitigation in Africa, establishing itself as Africa’s primary trade and investment
insurer and one of Africa’s largest Development Finance Institutions with an outstanding portfolio
exceeding US$6bn at year end 2019.
ATI provides political and credit risk insurance to companies, investors and lenders doing business in
Africa. For over a decade, ATI has maintained an A rating for Financial Strength and Counterparty Credit
by Standard & Poor’s, and in 2019 obtained a second A3/Stable rating from Moody’s. ATI’s membership
includes African Member States as well as a number of corporate and institutional shareholders. Besides
its head office in Nairobi, ATI currently has offices in Benin, Côte d’Ivoire, Tanzania, Uganda and Zambia.
Working at ATI offers unique career opportunities. Candidates are invited to apply for the following open
positions: Senior Underwriter, Underwriter, Assistant Underwriters (2), Claims Officer and
Transactional Lawyer. All positions will be initially based in Nairobi, Kenya however we envisage
some of the Underwriting staff will move to West Africa.
Job Description
Under the supervision of, and reporting to the Chief Underwriting Officer (CUO), your
functions and duties shall be as follows:
Lead, guide, manage and coach the underwriters
Monitor and ensure optimal resource allocation amongst the underwriters
Monitor the performance of Underwriters in accordance with the ATI Staff Policy Manual
Assist the CUO in the production of reports as and when required
Generate business through marketing activities and increasing the visibility of ATI.
This involves meeting one-on-one with clients and prospects and attending different marketing events organized by ATI or ATI’s business partners
Assist to organize/manage awareness events in countries of responsibility
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
Managing and monitoring the underwritten risk – Support and guide the Post Contract
Management Officer
Any other duties as may be assigned by the CUO from time to time
Key Relationships:
Your key internal relationships are with the credit, finance, marketing and procurement
departments while externally you will have contacts with brokers, banks, insurance
companies, reinsurance companies, corporate clients and governments.
Knowledge, Skills and Experience
An advanced degree in Economics, Business Administration, or related area
A thorough technical expertise and underwriting experience in commercial and political risk insurance, surety bond and banking products
A minimum of 10 years’ experience in project finance, banking, finance and insurance with at least 3 years’ experience in a leadership or supervisory role
A sound understanding of reinsurance markets and mechanisms
International experience in ATI member States and/or countries with a similar profile
Team player with excellent interpersonal and communication skills
Excellent report writing skills
Proficiency in MS Office suite of packages
Fluency in written and spoken English
Operational French is a major advantage
Qualifications, Experience and other Attributes
The successful candidates must have suitable qualifications, experience and attributes as indicated under
the respective job descriptions on ATI’s website.
All the roles require excellent communications skills in written and spoken English. Knowledge of French
and an ability to work in a multi-cultural environment, will be an added advantage.
How to Apply:
i) Please submit an Application Letter, Personal History Form (downloaded from the ATI website), CV, plus details of your current remuneration package along with details of three referees to recruitment@ati-aca.org
ii) For a detailed job description of each role, please visit ATI’s website http://www.ati-aca.org/about-us/current-opportunities/
iii) The closing date for application is 07th February 2020 at Midnight Nairobi time
iv) ATI will only contact those applicants who are being actively considered for an interview
ATI offers a competitive salary and benefits package and a collegial working environment commensurate with other multilaterals. ATI reserves the right to not make an appointment to the above vacancies, or to make an appointment at a slightly higher or lower grade, or to make an appointment with a modified job description.
Personal History Form
Download the form here : http://www.ati-aca.org/about-us/current-opportunities/
Current Opportunity
Request For Expressions of Interest for Review and Re-Development of a Balance Scorecard