Douglas Egesa -FCII,FIIK
African Regional Representative At Kuwait Re
Nambale
Summary
Results-driven professional with a proven track record in reinsurance, demonstrating exceptional leadership, strategic planning, and problem-solving abilities. Expertise in building strong relationships, negotiating contracts, and driving sustainable business growth provides a solid foundation for success. Recognized as a reliable team player, consistently adaptable and delivering impactful results in dynamic environments. Committed to leveraging skills to contribute effectively to organizational goals and foster collaborative success.
Overview
14
14
years of professional experience
1
1
Language
Work History
African Regional Representative at Kuwait Re
Kuwait Reinsurance Company
02.2025 - Current
- Expanded regional market share through effective territory management and strategic planning.
- Developed customized proposals for prospective clients, showcasing unique value propositions tailored to their specific needs.
- Conducted extensive market research to identify emerging trends and opportunities for growth within the region.
- Coordinated successful product launches, leading to heightened brand awareness and increased revenue.
- Managed a diverse portfolio of accounts, effectively addressing individual client needs while maximizing overall revenue generation.
- Monitored competitor activity within the region, utilizing insights gained to inform strategic decision-making processes.
- Delivered exceptional customer experiences.
- Presented regular progress reports to executive leadership, demonstrating success in achieving key performance metrics.
- Spearheaded regional initiatives that enhanced brand reputation and fostered loyalty among customers.
- Implemented marketing strategies and techniques, increasing revenue, and customer satisfaction.
- Forged and nurtured impactful relationships with customers to cultivate loyalty.
- Maintained routine communication with clients to assess overall satisfaction, resolve complaints, and promote new offerings.
- Demonstrated products and specific features at customer locations and special events to expand business profits and revenues.
Underwriting Manager
Continental Re
09.2023 - Current
- Handling Fire, Engineering, Liabilities, PVT and Oil & Gas Portfolio.
- Market Visits/Business Development activities
- Market Training
- Underwriting presentation to the Board Committee
- Site/Risk Inspections
Assistant Manager-Underwriting
Continental Re
07.2021 - 08.2023
Senior Executive-Underwriting
Continental Re
02.2021 - 06.2021
Facultative Energy Underwriter
MISR Insurance Company
08.2020 - 01.2021
- In addition to the roles performed previously in Trust Re which am similarly undertaking here, I manage full underwriting of Energy Onshore, Offshore, Power, and heavy industry accounts across the globe.
- Building up of the Energy Portfolio.
- Marketing of our underwriting capabilities and appetites to our clients across the globe, more so in MEA, Asia Europe and Indian Sub-continent.
- Research and study of the market to understand the market dynamics & trends and what is needed by underwriters in various sectors.
- Chasing and making sure premium settlement is done in timely manner.
Deputy Underwriter & Deputy Regional Manager-Facultative Property & Engineering
Trust Re
01.2014 - 12.2019
- Reviewing full information/data accuracy of, within assigned approved offer policy limits and authority level and if necessary, prepares the standard risk review and statistics sheets in adherence of underwriting guidelines and reinsurance protections using the existing modelling, pricing tools and methods.
- Review offer summaries, makes quotation or counter proposals if necessary, prior to signing or declining
- Ensures accuracy of the final slip and wording documents and provides first signature or refers to higher authority level as per offer limits highlighting changes/discrepancies in final slip summary.
- Reviews DMS file and Oracle data entries to ensure accuracy and assist in data entry requirements when necessary.
- Reviews aggregate exposure entries and approved limits.
- Keeps updated of all class developments from all aspects, including technical changes, market capacity, rating level etc and reports to underwriter any positive or negative effects these have on the company underwriting philosophy.
- Reviews Renewal Standard Review & Statistical sheets and reseal summary to ensure renewal details adherence to underwriting guidelines and reinsurance protections and provide first signature for acceptance or decline the renewal.
- Reviews pre-renewal accumulation control/portfolio statistics (and monitors continuous updates) per region/country and cedant to ensure evaluations are within reinsurance protection.
- Reviews, if necessary, prepares renewal notices prior to due dates and submit for department management approval.
- Reviews information/data accuracy of the standard risk review and statistics sheet within approved per existing offer policy limits and authority level with emphasis on technical results and premium settlement aspects to ensure adherence within underwriting guidelines and reinsurance protections.
- Fore renewals above authority level, reviews renewal summary, observations and suggestions and makes additional recommendations if necessary, prior to submission of file to seniors for acceptance or decline.
- Reviews of status report for outstanding accounts & settlement receipts and outstanding reserves and highlights outstanding to underwriter. In conjunction with U/W determines solutions to obtain outstanding from cedants /brokers.
- Ensures accuracy of complex business and statistical data produced on each cedant/broker as per designated market area and proposes/advises changes/modifications.
- Checks and validates market data for variables
- Maintains and updates all relevant information on insurance laws, regulations and cedants/clients importance and standing in their markets and on major and key contact personnel of customer companies with marketing unit/region.
- Analyses annual reports of each company in the market and presents an analysis of each company’s performance within marketing unit and / or underwriting region.
- Participates in marketing strategy as per limits whilst maintaining excellent relationship with ceding companies/brokers and networking through participation in seminars and conferences.
- Participates in broker calls and meetings with underwriter when necessary.
- Prepares within authorized class of business study materials for retro renewals.
- Supports the department in the periodical reserves reconciliation analysis report in order to justify any difference between retained and released reserves periodically.
- Reviews statistics/information accuracy for monthly/quarterly production reports, to the regulator Best & S&P.
- Assists and coordinates with finance department regarding production reports
- Supports preparation of prepares various management reports
- Provides complex raw data and assists in departments business plan preparation.
- Assists in special projects or other duties as required from time to time as directed by the department management or senior nominated person.
- Provides guidance on work related and departmental aspects to all juniors.
- Provide hands -on training to new junior entrants to the department to section
Assistant Underwriter, Facultative Property & Engineering Africa
Trust Re
07.2015 - 06.2016
- Registering inward offers details in the Oracle system.
- Underwriting for both Engineering & Property accounts.
- Performing catastrophe management, data management and analysis.
- Checking and ensuring that contract summaries and contracts are consistent, and accurately reflect binding agreement or terms negotiated on behalf of clients and reinsurers.
- Preparing and initiating standard risk review and offer summary sheets (within defined marketing unit) after full analysis of each new risk proposal/offer against underwriting guidelines and reinsurance protections.
- Writing an offer summary with computation of premiums, endorsement premium, deposit premiums and related adjustments for specific class of business and with observations and suggestions for acceptance or decline and then
- Reviewing final offer slip and wording documents for accuracy against original offer details for initiating or referring to high authority level as per offer policy limits highlighting any discrepancies in the final slip summary.
- Updating oracle system entry as per the progress towards offer finalization.
- Sending renewal notices for the existing and renewal business
- Preparing standard risk review/statistics sheets (within defined geographical area) after full analysis of existing terms against underwriting guidelines and reinsurance protections and initial sheets.
- Assisting Finance department in reconciling booking of accounts and settlement receipts in oracle system and producing a status report highlighting the outstanding premium
Management Trainee
Trust Re
01.2014 - 06.2015
- Preparing and initiating standard risk review and offer summary sheets (within defined marketing unit) after full analysis of each new risk proposal/offer against underwriting guidelines and reinsurance protections.
- Writing an offer summary with computation of premiums, endorsement premium, deposit premiums and related adjustments for specific class of business and with observations and suggestions for acceptance or decline and then submitting the entire file to the appropriate authority as per the offer policy limits.
- Reviewing final offer slip and wording documents for accuracy against original offer details for initiating or referring to high authority level as per offer policy limits highlighting any discrepancies in the final slip summary.
- Updating oracle system entry as per the progress towards offer finalization.
- Sending renewal notices for the existing and renewal business
- Registering inward offers details in the Oracle system
Assistant Credit Controller & HP Business Accountant
Mitsumi Computer Garage
05.2012 - 12.2013
- Maintain financial records by analyzing balance sheet and general ledger accounts of different companies
- Handle monthly reconciliations of cash and bank account
- Determining the credit limits of various customers
- Verifying and opening accounts for successful credit applicants
- Visiting the customer’s premises and warehouses for verification
- Generating financial statements both full and ageing for the purpose of assessing the Payment behaviour of customers and overcoming errors of omission and commission if any during reconciliations and any other complaints arising
- Maintain financial records by analyzing balance sheet and general ledger accounts of different companies
- Performs verification and reconciliation tasks for invoices/receipts/balances according to department checks and balances procedures.
- Reconcile general and subsidiary bank accounts by gathering and balancing information
- Performs verification and reconciliation tasks for invoices/receipts/balances according to department checks and balances procedures.
- Placing and tracking goods ordered from overseas countries
- Reconciliation of suppliers and Mitsumi computer garage
- Using both ERP and Orion accounting software to feed and generate statements.
- Reporting to hp site online on sales across 25 countries and nations.
Project Administration and Finance department Intern
Housing Finance (HF)
03.2012 - 05.2012
- Updating information on files.
- General bookkeeping.
- Arranging the retrieved files according to land reference numbers for archives.
- Differentiating between the active / current loanees and inactive / cleared loanees.
- Arranging the files on shelves according to land reference numbers and location for easy identification and retrieval of needed files in line of daily duties.
- Making comparative analysis between the properties of the same description in one or different location and rental value per month both residential and commercial properties and inputting the same on the excel sheet for future reference.
Education
Fellow of the Chartered Insurance Institute (UK) - FCII
Chartered Insurance Institute
London.01.2024
ACII
Chartered Insurance Institute
London 04.2001 -
Bachelor of Commerce - Major in Finance, Minor in Accounting
Kenyatta University
Kenya01.2013
Skills
Collaborative mindset
Competitor analysis
Client acquisition
Data interpretation
Brand promotion
Influencing skills
Industry expertise
Professional networking
Forecasting skills
Business acumen
Teamwork and collaboration
Accomplishments
- Saved more than 35% on cost by completing retro optimization project with accuracy and efficiency.
- Eradicated cases of non processed receipts through effectively
- Collaborated with team in the development of proper EPI capturing hence avoiding over statement which brings misalignment with actuarial estimations
- Documented and resolved to have a proper record management system which led to excellent record keeping and easy retrieval of documents if needed
- Exceeded quarterly objectives by as much as 30% on a regular basis.
- Increased yearly revenue by 50% in 2025
Timeline
African Regional Representative at Kuwait Re
Kuwait Reinsurance Company
02.2025 - Current
Underwriting Manager
Continental Re
09.2023 - Current
Assistant Manager-Underwriting
Continental Re
07.2021 - 08.2023
Senior Executive-Underwriting
Continental Re
02.2021 - 06.2021
Facultative Energy Underwriter
MISR Insurance Company
08.2020 - 01.2021
Assistant Underwriter, Facultative Property & Engineering Africa
Trust Re
07.2015 - 06.2016
Deputy Underwriter & Deputy Regional Manager-Facultative Property & Engineering
Trust Re
01.2014 - 12.2019
Management Trainee
Trust Re
01.2014 - 06.2015
Assistant Credit Controller & HP Business Accountant
Mitsumi Computer Garage
05.2012 - 12.2013
Project Administration and Finance department Intern
Housing Finance (HF)
03.2012 - 05.2012
ACII
Chartered Insurance Institute
04.2001 -
Bachelor of Commerce - Major in Finance, Minor in Accounting
Kenyatta University
Fellow of the Chartered Insurance Institute (UK) - FCII
Chartered Insurance Institute