Assistant Manager External Resources at Higher Education Loans Board (HELB)

Assistant Manager External Resources & Student Loans Job Responsibilities

• Developing and implementing a student loans self-protection management system
• Managing all underwriting aspects of the student loans self-protection scheme with guidance from the scheme
• Actuary eg Risk assessment, student loans self-protection deductions computation etc
• Ensuring student loans self-protection scheme deductions are prudently invested and accounted for as per the self-protection, accounting and investment policy in place.
• Ensure all claims are adequately reviewed, properly documented, accurately computed, processed on time and properly accounted for.
• Regularly advice the board on the performance of the student loans self-protection scheme on areas such as claims experience, student loans self-protection deductions adequacy, investment returns, actuarial liability and liquidity of the scheme.
• Prepare periodic financial and operational reports on performance of external funds and self-protection scheme in line with IFRS and international best practice.

Requirements for the Assistant Manager External Resources & Student Loans Job

• Bachelor degree from a recognized university preferably BCom (Insurance Option) or Actuarial Science
• Accounting qualification such as CPA(K)or ACCA
• An MBA or Master’s degree in a relevant field from a recognized university will be an added advantage;
• Experience in Quality Management Systems will be an added advantage.
• At least 5 years’ experience in administration of a loans insurance scheme, 3 of which should be in at least middle management
• Proven experience in life insurance and investment accounting
• Experience in running an in-house Loans self-protection Scheme will be an added advantage
• Experience in resource mobilization/ Fund raising will be an added advantage.
• Working experience in an ERP environment preferably Microsoft Dynamics AX system

Minimum Requirements

Candidates interested in the above positions are expected to fulfil the requirements of Chapter 6 of the Constitution of Kenya. Specifically, they must obtain and submit with their application copies of
clearance certificates from the following organizations:-

• Kenya Revenue Authority;
• Higher Education Loans Board;
• Ethics and Anti-Corruption Commission;
• Directorate of Criminal Investigations (Certificate of Good Conduct);
• and Credit Reference Bureau.