Rachael Muriuki

Rachael Muriuki Email and Phone Number

Kenya
Rachael Muriuki's Location
Kenya, Kenya
Rachael Muriuki's Contact Details

Rachael Muriuki personal email

About Rachael Muriuki

Dedicated and accomplished enterprise risk management professional with 10 years’ experience in the Insurance industry with expertise in risk and control program development, Claims management, underwriting, risk governance, and regulatory compliance. Collaborates with functional leaders and subject matter experts to drive initiatives that contribute to long term operational excellence. Has strong organizational, project management and effective multi-tasking skills with demonstrated ability to manage expectations, deliver results, and the necessary drive to enhance organizational reputation through service excellence.Experience in various insurance business lines that include General, Life and pensions.Summary of Qualifications• Demonstrated knowledge and understanding of the execution of enterprise risk management principles, including risk identification, assessment, decisioning and reporting.• Good knowledge of risk analysis and management techniques.• Develop and enhance Enterprise Risk Management tools, practices, and policies to analyze and report enterprise risks, and to manage risks according to an ERM framework.• Demonstrated ability to achieve company objectives within Risk Management framework.• Coordinate with the regional risk management function and lead the implementation of risk management best practices.

Rachael Muriuki's Current Company Details
Gras Savoye (Willis Towers Watson) Insurance Brokers Ltd

Gras Savoye (Willis Towers Watson) Insurance Brokers Ltd

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Assistant Divisional Manager
Kenya
Rachael Muriuki Work Experience Details
  • Gras Savoye (Willis Towers Watson) Insurance Brokers Ltd
    Assistant Divisional Manager
    Gras Savoye (Willis Towers Watson) Insurance Brokers Ltd
    Kenya
  • Gras Savoye Kenya, Willis Towers Watson
    Senior Client Advocate
    Gras Savoye Kenya, Willis Towers Watson May 2013 - Present
    Nairobi, Kenya
    Reports to: Technical Director & Managing DirectorKey Achievements:• Coordinated Project management seeing the complex process of renewal through time management, managing sources of information, compilation and data analysis, continuous communication.• Incident reporting. Centralized the reporting structure enabling reporting as soon as incidences occurred. Reduced non-reporting and late reporting of incidences down to 95% • Created and launched three products – mobile device insurance and two different types of small business insurance packages, designing marketing material, face to face interaction with client to create awareness and sell the covers • Processed claims of over US$ 6.5 million • Met KPI’s in the service level agreement with performance of over 96% • Changing attitudes of clients towards insurance by creating positive experiences, awareness and educational. Brought on board customers bringing and income of approximately KShs.350,000 per month • Faster turnaround time on claims responses and payments such as in Marine claims – had a loss adjuster on key client import locations to respond to claims or potential claims – complex claim resolved in under a month from previous >90 days • Member of a high-performing team that established new framework that saved the organization 50% of its insurance spending • Replaced the insurance department client did not need to have an insurance team internally, thus saved on costs of hiring and other related costs • Consistently ensured Zero (0) shillings debt running over 6 years • Lead and coordinated risk assessments and prepared reports thus saving the organization upwards of KShs.4 million typically paid to external consultants.
  • Gras Savoye (Willis Towers Watson) Insurance Brokers Limited
    Client Advocate
    Gras Savoye (Willis Towers Watson) Insurance Brokers Limited May 2013 - Dec 2015
    Nairobi, Kenya
    Key Responsibilities and Duties• Managed both General Insurance and Group Life Assurance corporate business. • Supports Risks analysis, customizing solutions and marketing policies specific to the client’s needs based on data collected through interviews, meetings, surveys and proposal forms• Training clients and potential clients on insurance matters to understand, control and manage risks their organizations’ are faced with.• Claims management; report and collect data/information on loss, assist in investigations and follow up to ensure fair and timely reimbursement to the insured • Credit control; control of premium payments within stipulated periodAchievements• Member of team that set up existing systems at Gras Savoye Kenya which was established in 2012/2013 as staff number 6.• Risk surveys for customers leading to improved risks and a new appreciation to the consequences of non-compliance.• Instrumental in assisting the finance department reconcile and collect outstanding debt, collecting over KShs.10 million • Oversaw a wide range of accounts in due to my broad operational skills in life, pensions and general; this was until the business grew too big to handle individually and more staff hired to focus on the Life business.
  • Trustmark Insurance Brokers Limited
    Head Of Underwriting And Pensions
    Trustmark Insurance Brokers Limited Jan 2011 - Apr 2013
    Nairobi, Kenya
    Key Duties and Responsibilities• Overall responsibility of the smooth running of the General Insurance, Pensions and Life assurance departments• Proactively provide input for the continuous improvement of the company’s existing and new products to meet client needs in a changing market environment • Ensuring compliance with the regulatory and other underwriting guidelines.• Recommending to management effective underwriting systems and procedures for proposals and policies, drafting policies and endorsements and renewals.• Work closely with risk department to establish procedures for surveys, initiating risk management programmes and compliance with recommendations on risk improvement.• Establish appropriate internal underwriting procedures and criteria to control risk.Key Achievements• Upselling services through interactions with clients during the year, thus growing the business organically • Introduced a product in partnership with one of the largest insurers to protect bereaved families of staff that die while on service (actually my proudest achievement).• Established new filing and record management system hence reducing time lost in tracing and retrieving documents. • Modified most operations to online and reducing waste associated with printing, storage and archiving charges of physical copies.• Training of staff on financial management, pension savings.
  • Trustmark Insurance Brokers Limited
    Insurance Underwriter
    Trustmark Insurance Brokers Limited Mar 2009 - Dec 2011
    Nairobi, Kenya

Rachael Muriuki Skills

Underwriting Insurance Property And Casualty Insurance Commercial Insurance General Insurance Liability Casualty Commercial Lines Professional Liability Legal Liability Brokers Customer Service

Rachael Muriuki Education Details

Frequently Asked Questions about Rachael Muriuki

What company does Rachael Muriuki work for?

Rachael Muriuki works for Gras Savoye (Willis Towers Watson) Insurance Brokers Ltd

What is Rachael Muriuki's role at the current company?

Rachael Muriuki's current role is Assistant Divisional Manager.

What is Rachael Muriuki's email address?

Rachael Muriuki's email address is re****@****ail.com

What schools did Rachael Muriuki attend?

Rachael Muriuki attended Daystar University, Jomo Kenyatta University Of Agriculture And Technology, The Chartered Insurance Institute.

What are some of Rachael Muriuki's interests?

Rachael Muriuki has interest in Social Services, Children, Arts And Culture, Education.

What skills is Rachael Muriuki known for?

Rachael Muriuki has skills like Underwriting, Insurance, Property And Casualty Insurance, Commercial Insurance, General Insurance, Liability, Casualty, Commercial Lines, Professional Liability, Legal Liability, Brokers, Customer Service.

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