Career Opportunity at Alliance Life Assurance Limited
\nCompany Overview
\nAlliance Life Assurance Ltd was established in 2010 as the first locally privately owned Life Insurance Company in Tanzania. The company has spread its sphere of influence throughout the region to become one of the leading insurance and financial services companies in East Africa providing life insurance solutions to both corporate and individuals. Alliance Life is highly rated in leadership, innovation, customer service, and risk management.
\nJob Opportunity: Technical Manager (Life Insurance)
\nThe company is looking for an experienced Technical Manager (Life Assurance) to join the Team. As the Technical Manager, you will be responsible for leading and managing the company\u2019s life assurance back-office operations to ensure effective underwriting, claims processing, actuarial function, premiums, reinsurance function, product development, technical accounting, data integrity & protection, systems integrity, and operational compliance. You will play a key role in driving operational efficiency, regulatory compliance, and technical excellence across the organization.<\/p>\n
Department: Operations
\nLocation: Dar es Salaam
\nReports to: Chief Executive Officer
\nJob type\u00a0Full-time\u00a0Job<\/p>\n
Essential Duties and Responsibilities
\nThe primary responsibility of the Technical Manager is to execute and oversee the company\u2019s technical and operational strategy in line with regulatory standards and business goals. He\/she will be responsible for managing cross-functional technical operations.<\/p>\n
Leadership of Back Office Operations: Oversee and manage all back-office functions to ensure smooth and efficient service delivery, aligning operational processes with strategic goals.
\nQuotations, Claims, and Commission Settlements: Supervise the preparation and timely execution of premium quotations, claims processing, and commission settlements in accordance with agreed Service Level Agreements (SLAs) and internal policies.
\nUnderwriting and Claims Assessment: Conduct thorough underwriting evaluations for new business, renewals, and claims, ensuring compliance with policy terms and sound risk management principles.
\nPremium Reconciliations: Oversee premium collection and reconciliation processes in coordination with banks, brokers and agents, ensuring accuracy and financial integrity.
\nReinsurance Coordination: Manage reinsurance programs, including facultative placements, treaty arrangements, and communication with reinsurance partners for optimal risk-sharing. Periodic reviews of reinsurance treaties.
\nProcess Improvement and Operational Efficiency: Identify inefficiencies and process gaps within operations, and lead initiatives to streamline workflows and enhance service quality.
\nTechnical Accounting: Ensure proper and accurate technical accounting for the business to provide finance team with accurate insurance related financial data and analysis.
\nActuarial: Ensure efficient and compliance actuarial function for the business including statutory valuations, solvency, pricing, product performance: and vendor management.
\nManagement Information & Analytics: Prepare and present detailed management reports and analytics (MIS) that provide actionable insights and support data-driven decision-making.
\nIT and Systems Oversight: Lead and collaborate with the systems team to ensure IT infrastructure supports business objectives, safeguarding company and client data with robust security protocols.
\nStrategic Environmental Scanning: Monitor industry trends, regulatory developments, and technological innovations to continuously adapt and future-proof operational strategies.
\nTeam Leadership and Development: Mentor, train, and develop operational staff, fostering a high-performance culture and building strong succession pipelines within the team.<\/p>\n
Qualifications and Experience Required<\/p>\n
A Bachelor\u2019s degree in Actuarial Science, Mathematics, Statistics, Insurance, Economics, or a related field.
\nA professional qualification such as ACII\/FCII or an equivalent designation is mandatory.
\nMinimum of 10 years of progressive experience in managing back-office operations within a Life Insurance company, with at least 5 years at senior management level.
\nStrong business acumen with a good understanding of life insurance market dynamics and operational frameworks.
\nDemonstrated understanding of IT Systems \/ Environment and Digitization is an added advantage.
\nExcellent leadership, planning, and organizational skills, with the ability to drive performance and manage cross-functional teams.
\nHigh level of integrity, professionalism, and strong interpersonal skills.
\nProven ability to analyze data, prepare technical reports, and support strategic decision-making through insights and analytics.
\nExceptional communication and relationship management skills, with the ability to liaise effectively with internal and external stakeholders.
\nProficient in Microsoft Office and insurance-related systems with strong analytical and numerical abilities.
\nA proactive, self-driven approach with a solution-oriented mindset and a commitment to continuous improvement.<\/p>\n
General Information
\nAlliance Life Assurance Ltd (ALAL) promotes an equal opportunity workplace, which includes reasonable accommodations of otherwise qualified disabled applicants and employees. Please contact Human Resources with questions regarding the physical demands of this position.
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