OSCAR TUTAI
Dar es Salaam
Summary
Reinsurance professional with 16 years of experience in financial oversight, process improvements, and protocol development. Proven leader in employee engagement and customer relationship management, achieving significant cost reductions and enhanced operational efficiency. Strong track record in managing accounts and fostering business relationships. Committed to optimizing workflows and driving team success in dynamic environments.
Overview
18
18
years of professional experience
Work History
Principal Officer/Managing Director
Minerva Reinsurance Brokers
Dar es Salaam
07.2022 - Current
- Built a robust client portfolio while conducting pre-underwriting for various insurance products.
- Interpreted risks, business needs, and client requirements to enhance forecasting accuracy.
- Negotiated high-profit contracts with key stakeholders in global markets.
- Developed and nurtured local opportunity pipelines to drive conversions.
- Exceeded regional revenue goals, aligning with company growth strategies.
- Supervised budgets and timelines to ensure adherence to project scope targets.
- Maintained accurate company records, ensuring compliance with regulations.
- Led risk assessment initiatives across diverse financial services clients.
Technical Director/COO
Imperial Insurance Company
Maputo
05.2021 - 06.2022
- Coordinated with company management to ensure communication is clear through effective internal and external communication.
- Responsible for the analysis, documentation, and reporting of management information.
- Spearhead a training and development program for new employees.
- Spearheaded expansion strategies to increase business market share, drive growth, and increase the customer base.
- Developed quarterly business plans to evaluate cost projections.
- Refined organizational structure to consolidate, streamline, and delineate necessary functions.
- Led technical strategy development for insurance systems and processes.
- Coordinated cross-departmental teams to enhance technology integration.
- Oversaw compliance with industry standards and regulations in technology use.
- Prepared budgets for upcoming projects based on anticipated costs associated with labor, materials, rentals and other expenses.
General Manager/Consultant
Austral Seguros
Maputo
12.2020 - 04.2021
- Responsible for implementing new concepts within a company and helping to transform the ways in which the organization operates.
- Monitored and evaluated teams, identifying and targeting opportunities for improvement.
- Tracked KPIs to drive profitability and target delivery.
- Delivered business strategy to drive revenue and operational efficiencies.
- Directed daily operations to enhance customer service and satisfaction.
- Managed staff recruitment, training, and performance evaluations for team development.
- Developed strategic plans to improve organizational efficiency and effectiveness.
Reinsurance Broker/Head of Claims
African Reinsurance Consultants
Ebene
05.2019 - 06.2020
- Support insurance companies in placing the risk and choosing the most appropriate reinsurers after reviewing all the relevant information about contracts and premiums.
- Developed reinsurance policies tailored to client needs and market trends.
- Analyzed risk factors to provide accurate underwriting support for clients.
- Collaborated with stakeholders to streamline the claims process and enhance efficiency.
- Educated clients on various reinsurance products and their benefits.
- Managed client relationships, ensuring clear communication and satisfaction throughout the process.
- Conducted market research to identify emerging opportunities within the reinsurance sector.
Claims Officer
Treaty Reinsurance | Trust Re
Manama
07.2017 - 02.2019
- Supervising the treaty claims team handling the Africa market.
- Recorded detailed, accurate claim particulars for reliable case notes.
- Kept clients well-informed of claim updates and case progress.
- I examined properties first-hand, collected measurements, and reviewed historical documents to complete thorough evaluations.
- Inspected damaged property, determining the extent of loss and liabilities for insurance claims.
- Reviewed claims submissions for accuracy and compliance with guidelines.
- Coordinated communication between clients, brokers, and internal teams.
- Analyzed claim data to identify trends and potential issues.
- Processed claims efficiently while maintaining thorough documentation.
- Assisted in training new team members on claims procedures.
- Developed reports summarizing claim activities for management review.
Underwriter
ZB Reinsurance
Harare
11.2007 - 07.2017
- Reviewed applications for insurance coverage, and reports from loss control specialists, to determine risks.
- Supported review, acceptance, or denial of new or renewal business.
- Coordinated with internal stakeholders to initiate marketing strategies, and meet market penetration and business growth objectives.
- Calculated group and individual renewal rates based on customers' background, industry and demographic information.
- Examined the potential loss stemming from a catastrophe, the severity, or frequency of possible loss.
- Controlled loss by assessing risk, conducting system analysis, and recommending policy solutions.
- Determined financial needs by assessing existing coverage, and aligning new products and services with long-term goals.
- Built relationships with clients through active listening and talents, to provide excellent service.
Education
Bachelor of Science - Statistics
University Of Zimbabwe
Harare11.2007
Some College (No Degree) - Insurance
Chartered Institute of Insurance
LondonSkills
- Risk assessment
- Contract negotiation
- Client relationship management
- Budget management
- Data analysis
- Regulatory compliance
- Market research
- Team leadership
- Sales strategy
- Operational efficiency
- Employee training
- Effective communication
- Strategic planning
- Performance evaluation
- Staff development
- Relationship building
- Audit reporting
- Key performance indicators
Accomplishments
Managed the setup of a Reinsurance Broking firm, as a Greenfield and grew it to the breakeven point and beyond until profitability was achieved.
Languages
- Shona, Native language
- English, C2 Master or proficient
Personal Information
Nationality: Zimbabwean
Timeline
Principal Officer/Managing Director
Minerva Reinsurance Brokers
07.2022 - Current
Technical Director/COO
Imperial Insurance Company
05.2021 - 06.2022
General Manager/Consultant
Austral Seguros
12.2020 - 04.2021
Reinsurance Broker/Head of Claims
African Reinsurance Consultants
05.2019 - 06.2020
Claims Officer
Treaty Reinsurance | Trust Re
07.2017 - 02.2019
Underwriter
ZB Reinsurance
11.2007 - 07.2017
Bachelor of Science - Statistics
University Of Zimbabwe
Some College (No Degree) - Insurance
Chartered Institute of Insurance
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