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KBZMS

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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
Process insurance applications, renewals, and endorsements. Verify customer information and policy documents. Maintain accurate records and update system data. Coordinate with internal Departments. Handle customer inquiries and office correspondence. Manage daily office operations and administrative tasks. Prepare, organize, and maintain files, records, and documents. Handle incoming and outgoing correspondence, emails, and phone calls.
Support the recruitment, onboarding, and activation of new insurance agents. Identify potential agents and expand the agency network within assigned areas. Support agents in achieving assigned sales, premium, and productivity targets. Monitor individual and team performance and follow up on sales activities. Build and maintain positive working relationships with agents. Provide information regarding insurance products, campaigns, procedures, and company updates. Coordinate with relevant internal departments to resolve agent and customer-related issues. Ensure agent activities comply with company policies, procedures, and applicable regulatory requirements. Coordinate with Underwriting, Operations, Claims, Finance, and other relevant teams when required.
Job Summary Regional Manager - Branches (Lower Myanmar) at KBZMS, based in Yangon, will lead branch performance, strengthen sales growth, and support business development across the region. This role focuses on team leadership, customer expansion, and operational excellence. Key Responsibilities ● Oversee branch operations and sales performance across the Upper Myanmar region. ● Drive business growth through effective planning, coaching, and market development. ● Monitor branch KPIs, ensure target achievement, and report performance trends. ● Build strong relationships with customers, partners, and internal stakeholders. ● Support branch teams with training, motivation, and performance management. ● Ensure compliance with company policies, procedures, and regulatory requirements. ● Identify opportunities to improve service quality, efficiency, and customer retention.
Job Summary Lead branch performance across Upper Myanmar for KBZMS, driving sales growth, service quality, and operational excellence. Manage branch teams, strengthen partner relationships, and ensure targets, compliance, and customer experience are consistently achieved. Key Responsibilities ● Oversee branch operations and sales performance across the Upper Myanmar region. ● Drive business growth through effective planning, coaching, and market development. ● Monitor branch KPIs, ensure target achievement, and report performance trends. ● Build strong relationships with customers, partners, and internal stakeholders. ● Support branch teams with training, motivation, and performance management. ● Ensure compliance with company policies, procedures, and regulatory requirements. ● Identify opportunities to improve service quality, efficiency, and customer retention.
Build and maintain strong, long-term relationships with corporate clients and key decision-makers. Ensure timely follow-up for policy renewals, premium collection, endorsements, and other client requirements. Coordinate with Underwriting, Survey, Claims, Finance, Policy Administration, and other relevant departments to ensure smooth policy processing. Prepare regular sales activity, pipeline, target achievement, and business performance reports. Ensure all sales activities comply with company policies, underwriting guidelines, internal controls, and applicable insurance regulations. Arrange client meetings, presentations, site visits, and business discussions to understand customers' insurance requirements.
KBZMS Awards