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Our Vision " To improve the quality of life in Myanmar by providing the right insurance solutions for everyone. " Our Core Values " KBZMS is guided by a belief and a culture that runs throughout the entire organization: being good to people and doing the right thing. That is why we are driven by our three values – Metta, Thet Ti, Virya – loving kindness, perseverance, and courage. " Our Commitment Our dedication to ensuring the sustainability and efficiency of our operations from the ground up is demonstrated through: Delivering top-tier insurance services to fulfill our customers' needs. Continually striving to provide quick and efficient solutions for various claim processes. Timely management of specific insurance policies and endorsements. Upholding the ethical standards and integrity that align with our society's reputation. In order to meet the insurance requirements of our insurance buyers and business partners, we use our extensive knowledge, experience and innovative insurance methods to for the benefit of our customers. * Our People KBZMS conducts its business through eighteen operating divisions: Yangon, Mandalay, Taungyi, Mawlamyine, Monywa, Magwe, Pathein, Lashio, Nay Pyi Taw, Myeik, Myintkyinar, Bago, Meikhtilar, Pyay, Pakokku, Sittwe, Myingyan and Kalay. Each division is managed by talented underwriters and staffed by skilled pricing professionals, claims professionals, auditors, and energetic sales staff, all with local expertise and the technical resources to assess and underwrite risk. We offer products with the capacity to listen, understand the need and design the appropriate solution for our business partners. Our diverse platform and strong capitalization provide a stable market to our business partners across all lines of business.
About KBZMS

Employer Details

  • Type: Direct Employer
  • Industry: Banking/ Insurance/ Microfinance
  • No. Employees: 501 to 1000

Address

No.53, Ground Floor, Strand Square, Strand road, Pabedan Township,Yangon.,Yangon, Myanmar

Company vision and mission

Our Vision

" To improve the quality of life in Myanmar by providing the right insurance solutions for everyone. "

Our Core Values

" KBZMS is guided by a belief and a culture that runs throughout the entire organization: being good to people and doing the right thing. That is why we are driven by our three values – Metta, Thet Ti, Virya – loving kindness, perseverance, and courage. "

Our Commitment

Our dedication to ensuring the sustainability and efficiency of our operations from the ground up is demonstrated through:

Delivering top-tier insurance services to fulfill our customers' needs.

Continually striving to provide quick and efficient solutions for various claim processes.

Timely management of specific insurance policies and endorsements.

Upholding the ethical standards and integrity that align with our society's reputation.

In order to meet the insurance requirements of our insurance buyers and business partners, we use our extensive knowledge, experience and innovative insurance methods to for the benefit of our customers.

* Our People
KBZMS conducts its business through eighteen operating divisions: Yangon, Mandalay, Taungyi, Mawlamyine, Monywa, Magwe, Pathein, Lashio, Nay Pyi Taw, Myeik, Myintkyinar, Bago, Meikhtilar, Pyay, Pakokku, Sittwe, Myingyan and Kalay. Each division is managed by talented underwriters and staffed by skilled pricing professionals, claims professionals, auditors, and energetic sales staff, all with local expertise and the technical resources to assess and underwrite risk. We offer products with the capacity to listen, understand the need and design the appropriate solution for our business partners. Our diverse platform and strong capitalization provide a stable market to our business partners across all lines of business.

What we do

KBZMS General Insurance Co., Ltd was established as Myanmar's first officially licensed insurance company under the name of IKBZ in September 2012, with license number 001.

After forming a joint venture with the Japanese insurance company Mitsui Sumitomo Insurance Group (MSIG) in November 2019, IKBZ continued to operate under the new name KBZMS.

KBZMS operates out of 23 branch offices in 21 cities: Yangon, Mandalay, Naypyitaw, Taunggyi, Pyay, Pathein, Sittwe, Magway, Meiktila, Pakkoku, Monwya, Kalay, Myitkyinar, Lashio, Bago, Mawlamyine, Myeik, Myingyan, Tachileik, Hinthada & Taungoo.

In October 1st, 2020, KBZMS expanded its Commercial Lines product portfolio to provide coverage in industrial-related risks, construction, and electrical hazards.

Our products cover the full range of individuals' and organizations' general insurance needs including fire insurance, motor insurance, marine cargo insurance, personal accident insurance, health insurance, and as well as Commercial Lines, covering Industrial All Risk, Construction All Risk/Erection All Risk and Bailee’s Liability Insurance products.

KBZMS aims to conduct operations and Corporate Governance with the best international standards with the help of highly qualified staff and Professional Agents.

Internationally recognized as one of the best general insurance companies for many years, KBZMS strives to improve the quality of life for the people of Myanmar by providing the right insurance solutions for all.

KBZMS provides insurance services shown below:

Fire Insurance

Home Protect Insurance

Motor Insurance

Personal Accident Insurance

Travel Insurance (Local/Oversea)

Health Insurance

Marine Hull Insurance

Marine Cargo Insurance

Bailee’s Liability Insurance

Industrial All Risk Insurance

Contractors’ All Risk/Erection All Risk Insurance

Why you should join us

As a premier insurance company in Myanmar, KBZMS holds METTA (Loving Kindness) dear in every aspect. We uphold diversity and inclusion, offering equal opportunities to all qualified applicants irrespective of race, ethnicity, gender, gender identity or expression, sexual orientation, national origin, disability, age, or any other protected characteristic, as mandated by applicable law.

Our workplace and culture

“With Metta, Thet Ti, Virya – loving kindness, perseverance, and courage, discover your future at KBZMS!”
Testimonials

Mr. Shwe La Min

Sales and Special Travel

“While working with travel insurance & sales team, I' m very delighted with the team’s dynamics. I'm proud to be an KBZMS member. I think it's the best choice for my career development. So, my ambition is to become a professional sales and contributes to the growth of KBZMS insurance and development of insurance industry in Myanmar.”

Mr. Takuya Tsuji

Commercial Department

"After 22 years of staying in Myanmar, I got the great opportunity to work in KBZMS under fast growing Insurance industry with huge potential around. With our KBZMS's core value of Metta, Thet Ti and Virya, I am very much excited to develop my skills and professional career through the teamwork and under the strong and solid management"

If you haven't found a suitable job, submit a General Application and recruiters at this company will keep your CV for future review!

All KBZMS Jobs
Key Responsibilities Training & Development Coordinate training programs, logistics, and vendor arrangements. Support Learning & Development (L&D) activities including scheduling, communication, and record-keeping. Assist in monitoring training effectiveness and maintaining the LMS. Employee Engagement & Well-being Support employee engagement activities, career development initiatives, and well-being programs. Prepare internal communication for training, events, and engagement activities. Collect employee feedback and recommend improvements. HR Operations & Administration Supervise HR operations including attendance, leave management, payroll inputs, and HRIS updates. Ensure accurate employee records and compliance with labor laws and company policies. Oversee SSB, income tax submissions, and HR-related payments. Manage and organize employee files (physical and digital). Employee Relations Act as first point of contact for employee queries and concerns. Provide HR policy guidance to employees and line managers. Support HRBP Managers in handling employee relations cases, disciplinary actions, and performance management. Help foster positive employee relations to improve morale and retention.
Assist HRBPs Managers in conducting weekly meetings with respective business units. Support line management with HR guidance when appropriate. Assist in analyzing trends and metrics in partnership with the cross function teams to develop solutions, programs, and policies. Help manage and resolve complex employee relations issues by conducting effective, thorough, and objective investigations. Maintain knowledge of legal requirements related to day-to-day management of employees, reducing legal risks, and ensuring regulatory compliance. Partner with the legal department as needed/required. Provide performance management guidance to line management (e.g., coaching, counseling, career development, disciplinary actions). Assist HRBPs (Managers) in working closely with management and employees to improve work relationships, build morale, and increase productivity and retention. Provide HR policy guidance and interpretation. Assist in developing contract terms for new hires, promotions, and transfers. Serve as a point of contact for employee relations issues, providing guidance and support to managers and employees. Assist international employees with expatriate assignments and related HR matters. Assist HRBP Managers in business unit restructuring, workforce planning, and succession planning. Identify training needs for business units and individual executive coaching needs. Participate in the evaluation and monitoring of training programs to ensure success and follow up to ensure training objectives are met. Participate in cross-functional projects and initiatives as needed.
KBZMS Awards