General Manager – Reinsurance Operations at Kenya Reinsurance Corporation Limited (Kenya Re)

Job Purpose

• The General Manager, Reinsurance Operations, provides strategic and operational leadership for all reinsurance activities at Kenya Re. The role drives sustainable profitable growth, technical excellence, prudent
• risk management, sound claims handling, effective retrocession arrangements, and superior client service
• across local, regional, and international markets.

Key Responsibilies
Strategic Portfolio Oversight

• The role has overall responsibility for Life Reinsurance, Local Market Operations, International
• Treaty, International Facultative, Marketing & Business Development, and Retrocession placements.

Business Growth, Marketing and Market Development

• Lead marketing and business development strategies to grow market share across local, international treaty, and international facultative business.
• Identify new opportunities and develop innovative reinsurance products and solutions.
• Oversee the preparation and delivery of competitive quotations, pricing, rating terms, and underwriting conditions.

Stakeholder Engagement and Relationship Management

• Build and maintain strong relationships with cedants, brokers, retrocessionaires, and regulators in local and international markets.
• Provide strategic reports, business intelligence, and technical advisory to the Board and Senior Management.
• Ensure high client satisfaction, retention, and fulfilment of Kenya Re’s statutory mandate.

Underwriting, Technical and Financial Performance

• Provide executive leadership in underwriting and portfolio management across all business lines.
• Lead the strategic retrocession placements and negotiations to secure optimal risk transfer, capacity, and favorable terms from global retrocessionaires.
• Draft, review, and negotiate treaty and facultative agreements in line with Kenya Re’s policies and regulatory requirements.
• Ensure timely collection of premiums, commissions, and receivables.
• Oversee management of mandatory cessions and run-off accounts.

Claims Management

• Oversee end-to-end claims handling for Group Life and Individual Life reinsurance business,
• including death, disability, and other treaty-related claims.
• Review outstanding loss reserves, IBNR provisions, and claims adequacy.
• Ensure prompt, fair, and compliant claims settlements.

Data, Analytics and Reporting

• Coordinate regulatory data submissions to the Insurance Regulatory Authority (IRA).
• Analyse actuarial and market statistics to support valuation, reserving, and strategic planning.
• Monitor performance across all portfolios.

Governance, Risk and Compliance

• Champion strong governance, internal controls, risk management, and full statutory compliance.
• Prepare and monitor divisional budgets, work plans, and performance contracts.

People Leadership and Organizational Effectiveness

• Lead, mentor, and develop a high-performing team within the Reinsurance Operations Division.
• Promote a culture of professionalism, innovation, accountability, and service excellence.
• Perform any other duties assigned by the Group Managing Director

Academic Qualifications

• Bachelor’s degree in actuarial science, Statistics, Mathematics, Insurance, Commerce (Insurance/ Finance/Accounting/Marketing), Business Administration, Strategic Management, or equivalent from a recognized institution.
• Master’s degree in actuarial science, Commerce, Business Administration (MBA), Strategic Management, or equivalent from a recognized institution.

Professional Qualifications

• Associate of the Chartered Insurance Institute (ACII) or Fellowship (FCII) – London or Kenya.
• Full membership of the Insurance Institute of Kenya (IIK) or equivalent professional body, in good standing.
• A senior leadership or management course lasting not less than four (4) weeks from a recognized institution.
• Proficiency in computer applications.
• Must satisfy the requirements of Chapter Six of the Constitution of Kenya 2010.

Experience

• At least fifteen (15) years of relevant experience in insurance/reinsurance, with a minimum of ten (10) years in senior management roles.
• Demonstrated experience managing Life reinsurance, international treaty/facultative business, and business development functions.
• Proven track record of engaging with Boards of Directors and leading high-performing teams.