KENYA REINSURANCE CORPORATION LIMITED

VACANCIES
Kenya Reinsurance Corporation Limited (Kenya Re), is a leading reinsurer and is listed at the Nairobi Securities Exchange (NSE). It is ISO 9001: 2008 Certified and is rated B+ by A.M Best and AA by the
Global Credit Rating Company (GCR). Kenya Re now seeks to recruit and fill the following positions:-

1. ACTUARY - KRC/HR/2016/01 faster processes and turnaround times. 4. ASSISTANT MANAGER INVESTMENTS REF
The Actuary will ensure that the Reinsurer has an effective actuarial Advice on research results against objectives set NO: KRC/HR/2016/04
function capable of evaluating and providing advice to the Reinsurer Identifying problems, opportunities and/or gaps through The main purpose of this role is to assist in prudent investment of
regarding capital adequacy, technical provisions, premiums levels, primary and secondary research and innovation. the Corporations surplus funds and maintain an optimal investment
pricing activities as well as compliance with related statutory and Management and dissemination of insight form secondary portfolio that will ensure correct and up to date investment
regulatory requirements. research sources such as market data, consumer/customer/ records.
The actuarial function shall be required to evaluate and provide competitor trends as well as internal company data. PRIMARY RESPONSIBILITIES
advice on the Reinsurers actuarial and financial risks, the Reinsurers PERSON SPECIFICATIONS Assist in advising management on sound investment policy
investment portfolios and the valuation of assets, the insurers Applicants should be holders of a Bachelors degree in a procedures and control systems that ensure accountability in
solvency position, including adequacy of capital for business and Business related studies, preferably in marketing, economics, all areas;
regulatory purposes as well as liability and loss provisions. statistics or insurance. They should be holders of a post Assist in preparing divisional annual budget and long-term
PRIMARY RESPONSIBILITIES graduate diploma in marketing or project management from a projections;
Responsible for providing ongoing technical and analytical recognized institution. Assist in reviewing the investment portfolio with a view to
support to Reinsurance business. In addition they should have ACII London qualifications and acquisition/disposal for capital gain/interest income/liquidity;
Responsible for actuarial and risk analysis used to develop hold full membership with a recognized professional body. Assist in analysing and gather intelligence on all investment
pricing for new and existing products in line with managements They should have 6 years relevant experience preferably in proposals and make appropriate recommendations;
and companys objectives. research from related financial institution two of which should Assist in preparing of periodic investment reports to
Initiate, organize and manage Actuarial/underwriting projects be in a managerial position management, including cash flow projections;
Gather and prepare analysis based on information from internal They should have excellent interpersonal and communication Assist in Creating and maintaining an investment database;
and external sources. skills, be able to operate in performance driven environment Research and analyse financial and other information with a
Utilize knowledge of mathematics, probability, statistics, and be a team player with the ability to work under pressure to view to providing pro-active response to market changes;
principles of finance and business to problems in insurance. meet deadlines. Facilitate the Preparation of investment schedules on weekly/
Research on functional issues using a variety of resources. monthly basis or as required by management, investment
Develop/prepare reports and assist in the development of 3. ASSISTANT MANAGER (LEARNING AND committee or the Board;
new/revised policies/guidelines. DEVELOPMENT) REF NO: KRC/HR/2016/03 Assist in the analysis of accounts relating to deposits, shares,
Interpret Government regulations and internal policies, The main purpose of the role is to manage the learning and treasury bills, bonds income and other securities.
participate in preparation of documentation related to professional development of employees and provide expertise in Liaise with brokers, bankers and other market participants;
government filings/licensing. Learning & Development. Developing of functional and management Assist in maintaining, reviewing and reporting on performance
Prepare recommendations based on data summaries, trend training content, designing & developing training and development of mortgages;
analysis, financial analysis, and business analysis. programs, facilitating and evaluating learning & development impact. Ensure preparation of annual and half yearly financial
Analyze data, construct probability tables to forecast risk and The selected candidate will be responsible but not limited to the statements
liability to assist in decision making. following duties:- THE PERSON
Ascertain premium rates and accurate cash revenues to assist PRIMARY RESPONSIBILITIES Applicants should possess a Bachelors degree in Finance,
in accurate decision making. Carry out Training Needs Analysis (TNA) for respective Accounting or business related field and be holders of CIFA,
Participate in cross-functional teams to develop new/enhanced businesses, departments and subsidiaries prioritizing the CFA or CPA (K). They should hold membership in recognized
systems/processes/programs/policies to support business application of training solutions professional bodies.
needs. Develop curricular for specific business needs including learning Must demonstrate a deep understanding of the Capital and
THE PERSON content, learning road maps, presentation of learning material in Money markets.
Applicants should possess a Bachelors degree in Actuarial alignment with current and future business strategy They should have at least five years relevant working
Sciences, Statistics, Mathematics or its equivalent. They should Manage and deliver the whole training cycle including experience in Investments, two of which should have been
be holders of a minimum of 7 actuarial papers. A post graduate developing and implementing a training calendar in a supervisory role. In addition they should have excellent
diploma in actuarial science will be an added advantage. Undertake continuous research and development on current interpersonal and communication skills, high integrity and an
Applicants should have six years experience, two of which and new training methodologies with a view of improving in depth understanding of International Financial Reporting
must have been in a management position. In addition they competency level of employees standards.
should have excellent interpersonal and communication skills, Undertake regular training curriculum reviews with a view
good organization and management skills, advanced skills in of adopting and implementing best practice approaches to 5. ASSISTANT MANAGER RECORDS
mathematics and statistics. They should be team players and training MANAGEMENT REF NO: KRC/HR/2016/05
have strong leadership skills. Enhance organizational effectiveness through coaching, The main purpose of this role is to ensure there is effective and
consulting and problem solving activities appropriate management of the Corporation records from their
2. MANAGER RESEARCH AND DEVELOPMENT - Maintain records and preparing statistical reports to evaluate creation through to their eventual disposal.
KRC/HR/2016/02 performance and monitor progress of trainees PRIMARY RESPONSIBILITIES
The Manager Research and Development will be responsible for Monitor and analyze Training and Development budget for Implementing the Archives and Records Management
providing primary marketing research services to management and the Corporation keep track of Training & Development procedures throughout the Corporation
business units for strategic decision making. The role will provide expenditure ensuring reconciliation of Training &Development Conducting in-house training and awareness on proper records
guidance and direction to both primary and secondary research accounts and ensure the Training & Development expenditure management practices
functions in respect to business requirements. is within allocated budget Surveying records that are unique to the Corporation and
PRIMARY RESPONSIBILITIES Facilitate payments relating to Training & Development in prescribe proper management procedures for their proper
Gathering of market intelligence and data analysis and providing liaison with Finance Division to ensure that invoices and bills maintenance.
insights with a view to providing Kenya-Re with a competitive are settled in a timely manner. Implement established durations for which records are to be
edge. THE PERSON kept as stipulated in the Archives and Records Management
Continuously liaise with the Marketing Division and Investment Applicants should possess a Bachelors degree in Human (ARM) Retention and Disposition Schedules.
Division to understand the economic trends both within and Resource Management, business related or in any social Implement and manage the records disaster preparedness
outside the country with an objective of proposing suitable science. They should have a higher diploma in Human Resource program.
investments as necessary. Management from a recognized institution, knowledge of Implement and supervise the mail and registry management
Creation of actionable insight that informs decision making on Enterprise Resource planning application will be an added functions.
customer behavior advantage. They should be members of the Institute of Human Organize and conduct regular records appraisals to identify
Provide insights into the changes in operations to optimize the Resource Management (IHRM). semi-current records, archives and records that have outlived
performance of business. They should have at least five years in relevant experience their value.
Make recommendations to the management team on the two of which should have been in a senior /supervisory
prioritization of the innovative ideas and advice on ways of position. In addition they should have excellent interpersonal
improving innovation. and communication skills, good organization and management
Champion innovation through analysis of the current situations skills.
to foster improvements, better works systems, costs savings,
 KENYA REINSURANCE CORPORATION LIMITED
VACANCIES (contd)
Organize and conduct annual records destruction as per the implementation teams; retention schedules;
Corporations retention and disposal schedules Working with Applications vendors, projects managers/ Coordinate the selection of valuable records for permanent
Management and Maintenance of electronic records. implementation teams for installation and commissioning preservation;
Mitigate risks associated with management of records. of new applications and customizing existing applications in Ensure all the Corporations files are archived as necessary;
Maintenance of the records center. order to make them fit for purpose through; Systems testing, Maintain a log of all records including archived records;
Establishment and management of the Corporations Library. acceptance and implementation Manage all records acquisitions and transfers as per the
THE PERSON Manage disaster recovery site for all databases and respective prescribed procedures
Applicants should possess a Bachelors degree in Information applications. Managing conversion of records to alternative media/
Sciences Records Management option. Carry out databases Backups, Restore and Recovery automation.
They should be holders of a Diploma in Library and Information procedures Ensure good housekeeping; organize records in shelves an
Studies Take part in the overall development of the organizations ensure maximum care of records to reduce deterioration
They should have at least five years in records and registry disaster recovery from the data perspective. Conduct and maintain the arrangement and description of all
management two of which should have been in a senior THE PERSON records and archives.
/supervisory position. In addition they should have excellent Applicants should possess a Bachelors degree in Computer THE PERSON
interpersonal and communication skills, good organization and Science, Information Technology or related studies. They should Applicants should be holders of a Bachelor of Science degree in
management skills and be team players.. have certifications in Oracle database server administration at Information Sciences and holders of a diploma in Archives and
least Oracle Certified Associate (OCA)., Certification in SOL Records Management. They should have three years in records
6. RISK AND COMPLIANCE OFFICER REF NO: Server database administration at least a Microsoft Certified IT and knowledge management.
KRC/HR/2016/06 Specialist ( MCITS) In addition they should have planning and organizational skills
The main purpose of this role is to facilitate identification of risks, They should have at least three years relevant working and be team players with attention to detail.
assessment, monitoring and reporting of risks in line with the experience in related field. In addition the persons attributes
Corporations Enterprise Risk Management framework. In addition, includes excellent interpersonal and communication skills, a
10. ACCOUNTANT (TENANCY)- REF NO: KRC/HR/
undertake risk quantification and modeling as well as assist in team player with the ability to work under pressure and meet
2016/10
conducting reviews to evaluate compliance to various legal and deadlines.
To prepare and report on the Property module and ensure
other internal guidelines.
accuracy of the financial data in the module.
PRIMARY RESPONSIBILITIES 8. ASSISTANT NETWORK ADMINISTRATOR REF
In conjunction with management, facilitate the identification and NO: KRC/HR/2016/08 PRIMARY RESPONSIBILITIES
assessment of risks in line with the Corporations Enterprise The main purpose of the role is to assist the Network Administrator Prepare daily liquid resources report by 9.00 a.m
Risk Management framework and updating outcomes in the in installation, configuration, operation, and maintenance of systems Receipt all investment income to the correct accounts
risk registers. hardware and software and related infrastructure. The job entails Accurately receipt all mortgage related payments
Monitor risks and prepare reports to management and other participating in technical research and development to enable Prepare bank reconciliations in line with the Corporation
risk committees on various aspects of risk management e.g. continuing innovation within the infrastructure. The holder ensures policy
reports of monitoring key risk indicators. that system hardware, operating systems, software systems, and Ensure accurate and prompt filing of all the receipts and related
Conduct risk modelling in line with the various established risk related procedures adhere to organizational policies. documents
analysis models. A good understanding of the Solvency II or PRIMARY RESPONSIBILITIES Accurately receipt all reinsurance related in flows
Basel frameworks is critical. Install new/rebuild existing computers and configure hardware, Accurately receipt all tenant receipts and property related
Conduct risk analysis and quantification financial and insurance peripherals, services, settings, directories, storage, etc. in inflows
risks through sensitivity analyses and stress testing for accordance with standards and operational requirements Liaise with property division to ensure integrity of data being
financial and insurance risks as well as major projects in the Perform daily system monitoring, verifying the integrity and receipted
Corporation. availability of all hardware, server resources, systems and key Receipt all miscellaneous inflows
Scanning environmental risks and identifying new threats and processes, reviewing system and application logs, and verifying Addressing all risk related matters affecting the receivables
opportunities that may impact on the business. Completion of scheduled jobs such as backups. role
Create awareness on risk management to facilitate embedding Resolve operating system technical problems on the Kenya Re Accurately recording all cheques received and promptly
of a risk conscious culture across the Corporation. server platforms; banking them
Follow-up proactively on action plans put in place by Research and recommend to immediate supervisor, automated Provision of relevant audit schedules to external audit
management or the various risk committees to address risk approaches for system administration tasks. Identify approaches schedules
exposures and report on the same. that leverage our resources and provide economies of scale. Ensuring smooth running of the commercial mortgage function
Conduct reviews to evaluate compliance to laws, regulations Creating and maintaining of users in Domain Controller and in the absence of the Mortgage accountant
and internal procedures. Exchange Servers Any other duties assigned by management.
Performing any other duties as may be assigned. Provide Service desk support to users and ensure problem PERSON SPECIFICATIONS:
THE PERSON tracking and resolution; Applicants should be holders of a bachelors degree in finance,
Applicants should possess a Bachelors degree in Actuarial Managing of Preventive Maintenance of Computers and Allied accounting or a business related field. In addition they should
Science, Risk Management, Statistics or Mathematics. They Accessories; have CPA (K) with two years experience in a busy finance
should be Certified Public Accountants (CPA) finalists or THE PERSON environment.
Associate Certified Chartered Accountant (ACCA) finalists Applicants should possess a Bachelors degree in Computer Applicants should have high integrity, be team players who are
with good knowledge of computerized systems work Science, Information Technology or related studies. They should computer literate and have the ability to work under pressure
environment. Possession of Actuarial papers will be an added have Certifications in Cisco Certified Network Associate to meet deadlines.
advantage. (CCNA) 2 years. Certification in Systems and Network
They should have at least two years relevant working experience Administration in Microsoft certified systems engineer (MCSE), Kenya Re is an equal opportunity employer and does not
in risk management, underwriting, claims or actuarial functions Microsoft Certified System Administrator (MCSA) discriminate on the grounds of gender, colour, race, religion,
preferably in a Reinsurance company or financial institution. They should have at least three years relevant working natural origin, age or physical disability. An appropriate
In addition the persons attributes includes quick learner, experience. In addition the persons attributes includes remuneration package will be offered to the successful
analytical, self-driven and excellent communication skills excellent interpersonal and communication skills, ability to candidates.
work under pressure and meet deadlines.
7. ASSISTANT DATABASE ADMINISTRATOR REF
Applicants should post or email as attachments their CV and
NO: KRC/HR/2016/07 9. RECORDS OFFICER - REF NO: KRC/HR/2016/09 cover letter quoting the relevant Job Ref No. and outlining how
The main purpose of the role is to assist the Database Administrator This role is responsible for the creation, storage, retrieval and they meet requirements for the position to:-
in administration of enterprise database management systems disposal of all recorded information in the Corporation The Human Resource Manager
through ensuring availability, security and optimum performance of
PRIMARY RESPONSIBILITIES: Kenya Reinsurance Corporation Limited
all functional enterprise database systems with their applications
Ensure all Corporations key correspondences and information P. O Box 30271, 00100 GPO
tools.
related to departmental processes are appropriately NAIROBI
PRIMARY RESPONSIBILITIES documented and filed to enable easy retrieval; E-mail: [email protected]
Perform enterprise database servers performance tuning and Proactively seek to update the Corporations knowledge Closing Date: 5th February 2016
monitoring configurations. management system through updating and documenting the
Controlling Access Permissions and Privileges departmental key processes for future reference;
Maintain software standards and software development tools, Conduct records retrieval and dissemination as and when
maintained as per the ICT policies of the organization required;
Deploy database changes as submitted by the development/ Assist with the implementation of the records disposal and