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  • Posted: Apr 5, 2022
    Deadline: Apr 19, 2022
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    The Policyholders Compensation Fund (PCF) is a State Agency established under Section 179 of the Insurance Act (Cap 487 of the Laws of Kenya) with the mandate of protecting insurance claimants of an insurer placed under a manager appointed under section 67C (2) or whose license has been cancelled under the Act, through the provision of compensation for their unsettled claims.
    Read more about this company

     

    Principal Investment Officer

    Job Specifications

    • Develop, review and implement policies and strategies relating to financial investment 
    • Undertake investment planning to ensure compensation amounts to claimants are available as and when required. 
    • Facilitate transfer of amounts required to finance activities, plans and programmes of the Fund as 
    • contained in approved budgetary estimates in a given financial year. 
    • Invest surplus funds in securities which for the time being trustees may by law invest in, or any other securities which the Treasury may, from time to time approve.
    • Advise the Managing Trustee on sound investment systems and procedures.
    • Mobilize internal financial resources. 
    • Prepare and submit investment reports. 
    • Design, monitor, supervise and implement internal 
    • controls to safeguard the Fund’s properties and assets.
    • Ensure compliance with all statutory obligations; andCoordinate investment audits and ensure implementation of recommendations thereof. 

    Person Specifications

    • A Minimum period of eight (8) relevant work experience, 
    • three (3) years of which must have been in a supervisory role.
    • A bachelor’s degree in any of the following fields: 
    • Finance, Accounts, Investment, Internal Audit or related field from a recognized Institution.
    • A Masters Degree in any of the following fields: Finance, 
    • Accounts, Investment, Internal Audit or related field from a recognized Institution.
    • Senior Management course lasting no less than four (4) weeks from a recognized institution.CPA (K)
    • Certified Financial/Investment analysist.
    • Member of ICPAK in good standing.
    • Proficiency in computer applications
    • Fulfilled the requirements of Chapter six of the Constitution of Kenya (2010

    Method of Application

    GENERAL APPLICATION REQUIREMENTS
    Interested candidates, who must be Kenyan citizens, should submit their applications including copies of their academic and professional certificates, a copy of the National Identity Card or valid passport, an updated Curriculum Vitae (CV) detailing current position, qualifications, working experience, current and expected salary, an email address and a daytime telephone number. The CV should also include the email and telephone contacts of three (3) professional referees who can speak on your competence, character and integrity. All application must contain the reference number and job title on the subject matter (on letter or email) and on the envelope

    OTHER KEY REQUIREMENTS

    • Successful candidates in the interviews will be required to present and satisfy the requirement of Chapter Six of the Constitution of Kenya 2010 by providing original 
    • copies of the following documents as an employment condition:
    • A certificate of Good Conduct from the Directorate of Criminal Investigations (DCI);
    • A Clearance Certificate from the Higher Education Loans Board (HELB)
    • A Tax Compliance Certificate from the Kenya Revenue Authority (KRA)
    • Clearance certificates from the Ethics and Anti-Corruption Commission (EACC).
    • A clearance Certificate from an Approved Credit Reference Bureau (CRB) in Kenya

    Applications should be received on or before close of business Tuesday 19th April 2022 via post/courier services, hand delivery or email to:

    The Managing Trustee
    Policyholders Compensation Fund
    KWFT Center, 6th Floor
    Masaba Road - Upper Hill
    P O Box 24203 – 00100
    NAIROBI

    Email: recruitment@pcf.go.ke

    PCF is an equal opportunity employer. Canvassing of any kind will lead to 
    automatic disqualification. Women, Youth and Persons with Disabilities are 
    encouraged to apply.
    Only shortlisted candidates will be contacted

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