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Manager, Insurance
Apollo Agriculture
Nairobi, Kenya
Posted on Nov 28, 2024
About Apollo Agriculture:
Apollo Agriculture is a leading agri-fintech platform empowering small-scale farmers across Africa to increase their profits and farm more sustainably. Apollo uses artificial intelligence and automated operations to unlock the massive, untapped small-scale farming market. Apollo enables farmers to access the optimized financing, high-quality farm products, expert digital advice, and risk management solutions they need to invest and scale their businesses. Apollo grew paying customers over 2.5x in 2023 to over 200K small-scale farmers in Kenya and Zambia, increasing revenue to nearly $30M with robust unit economics. Apollo partners with key global agriculture companies like Bayer, OCP and Yara, and is backed by Anthemis, Chan Zuckerberg Initiative, Flourish Ventures, Leaps by Bayer, and Softbank Vision Fund. Apollo’s team brings together technology, credit and operations experience from The Climate Corporation, Google, Capital One, Revolut, and One Acre Fund.
About the Role:
We are seeking a forward-thinking and results-driven Insurance Manager to shape how Apollo protects our customers and business against key operational risks. This role combines strategic vision with hands-on execution, from designing innovative insurance products to working with third-party providers and streamlining payout processes to drive meaningful outcomes.
As the Insurance Manager, you will balance individual contribution to high-impact projects with the leadership of a high-performing team to achieve ambitious business targets. You will play a pivotal role in empowering farmers to understand their coverage, fostering trust in our solutions, and enhancing resilience across our customers in Kenya and Zambia.. By aligning insurance strategies with Apollo’s mission, you will play an essential part in securing livelihoods and making farming more profitable and sustainable.
You’re a fantastic candidate for this role if you’re highly analytical, have a solid technical background and are able to effectively balance technical expertise with business acumen. We’re looking for a collaborative problem-solver who thrives in teamwork and is passionate about driving solutions.
Responsibilities:
- Innovation and Product Development: Assess market needs and farmer feedback to design and enhance insurance products, including drought-resistant covers and tailored microinsurance options.
- Stakeholder and Partner Relations: Build and maintain strong partnerships with insurers and regulatory authorities, negotiating favorable terms and ensuring compliance.
- Data-Driven Risk Assessment: Use data models to forecast risks, set fair premiums, and design precise policies based on yield, weather, and demographic insights.
- Efficient Claims Management: Streamline claims processes for quick, transparent payouts while analyzing trends to address recurring issues.
- Regulatory Compliance and Risk Mitigation: Ensure all products meet legal standards and proactively address potential risks.
- Farmer Education and Engagement: Educate farmers on coverage benefits and policies to build trust and encourage informed decision-making.
Requirements:
- Educational Background: Bachelor’s degree from a recognized institution, preferably in a STEM field. A master’s degree or specialization in actuarial science, insurance, or risk management is a plus.
- Professional Experience: 5+ years of experience in insurance, with a strong preference for experience in microinsurance or agricultural insurance.
- Actuarial Expertise: Strong foundation in actuarial science, with demonstrated experience applying actuarial principles to design, evaluate, and optimize insurance products.
- Project and Partner Management: Excellent project management skills, with proven partner management and negotiation abilities.
- Regulatory Knowledge: In-depth knowledge of insurance compliance regulations.
- Technical and Analytical Skills: Strong analytical skills to interpret data, generate insights, and drive decision-making. Proficiency in SQL or Python is an added advantage.
- Leadership: Proven ability to lead, motivate, and develop high-performing teams.
- Communication Skills: Excellent verbal and written communication skills.
- Adaptability: Ability to thrive in a fast-paced environment and adjust strategies as needed.
- Customer Focus: Customer-centric mindset with a demonstrated ability to design solutions that address customer needs.
We:
- Are a collaborative team of smart and ambitious people who are dedicated to serving our customers.
- Make magic happen to solve hard problems and always come with solutions when challenges arise.
- Are comfortable taking risks that can result in radical scale, and understand that failures are opportunities to learn and improve.
- Are considerate listeners and take the time to deeply understand and seek out ideas from the people around us, even when we disagree.
- Offer a dynamic environment that fosters talent, collaboration and growth.
- Take pride in our work and share the responsibility to see it through from conception to deployment.
- Back up our talk with a competitive compensation and benefits package and challenging projects.
- Value autonomy, honesty, transparency, and respect.
- Are excited to hear from you!