Managing Director / Chief Executive Officer at Kenya Reinsurance Corporation Limited (Kenya Re)

JOB REF: KRC/HR/2022/06

The Position

The holder of this position is the Managing Director / Chief Executive Officer charged with overall leadership and management of the Corporation, subsidiaries and global markets.

The duties and responsibilities will include but not be limited to the following: -

• Be responsible for the day-to-day operations of the Corporation;
• Provide leadership to senior management and staff;
• Prepare annual budgets and establish proper internal controls;
• Be responsible for the execution and communication of the Board's strategies, decisions and policies;
• Develop and recommend to the Board annual business plans for the Corporation;
• Ensure that the Corporation has a robust and effective organization structure including succession plans;
• Serve as the link between the Board and the Management;
• Be responsible for the achievement of the objectives of the Corporation;
• Put in place effective administrative structures, processes and systems;
• Provide regular, thorough, and prompt communication to the Board on key technical, financial and administrative matters;
• Be responsible for stakeholder management and enhancement of corporate image;
• Cultivate sound and working relationships with Government agencies, local and international business partners and other stakeholders:
• Ensure compliance with all statutory requirements:
• Efficient management of all Kenya Re's assets to enhance shareholder's value;
• Foster a corporate culture that promotes ethical practices and sound corporate governance;
• Provide proactive public relations that enhances corporate image;
• Responsible for the financial performance of the Corporation and its subsidiaries.

Applicants should fulfill the following conditions:-

• Must have a bachelors degree in Finance. Insurance and Business Administration or any other relevant degree from a recognized university;
• Must have a Post graduate qualification (MBA) in Finance. Insurance. Business Administration or other relevant postgraduate qualification from a recognized university;
• Must have a minimum of fifteen (15) years' experience at senior management level in a large organization, preferably in Reinsurance, Insurance or Financial Institutions;
• Must have a professional qualification in Insurance. Accounting or Banking or other relevant
• Must be a member of a professional body in good standing.

Required Skills, and Competencies:

• A track record of exemplary performance leadership, effective planning and project management skills;
• Experience in implementation of institutional strengthening projects (ISPs), improving organizational efficiency and effectiveness with attention to detail;
• Ability to work under pressure, applying emotional intelligence, while exercising team leadership and effective decision-making skills;
• Experience of working in an international and multicultural environment with a deep knowledge and understanding of Pan African markets will be an added advantage,
• Strategic thinker, excellent oral and written communication, strong presentation, and negotiation skills;
• Knowledge of insurance, investment, trade, treasury and other cross functional products.
• Candidates will be required to satisfy or initiate the process of complying with the requirements of Chapter Six (6) of the 2010 Constitution specifically:-
• Certificate of Good Conduct from Director of Criminal Investigation (DCI);
• Clearance Certificate from Higher Education Loans Board (HELB);
• Tax Compliance Certificate from Kenya Revenue Authority (TCC);
• Clearance from Ethics and Anti-Corruption Commission (EACC);
• Report from an approved Credit Reference Bureau (CRB)