Vacancies at Jubilee Insurance

Job Ref. No. JHL016

Role Purpose

• The role holder will be responsible for formulating the Group Audit strategy, developing the Group Audit framework, and conducting the company’s internal audit plans approved by the Board Audit Committee. The role holder will also be responsible for providing strategic leadership and guidance and overseeing the Group Internal Audit Function across the Group.

Main Responsibilities
Strategy

• Develop the Group Audit strategy and create the group audit framework for internal audit and present the same to the Board's Audit Committee for approval.
• Submit the internal audit yearly work plan for approval by the Board's Audit Committee and regularly update the committee, the management of the subsidiary companies, and the group CEO on the execution of the plan.
• Carry out and manage the entire audit cycle and risk management and report objectively any non-adherence to relevant directives and legal requirements.
• Meet performance standards defined in the Personal Scorecard, Departmental and Corporate Strategy by developing and maintaining a thorough risk assessment process as the foundation for an effective internal audit assurance plan.
• Develop in liaison with Regional HR Manager appropriate training and upscaling programs for the internal audit team.

 Operational

• Review final audit reports for all subsidiaries that received an "unsatisfactory" audit rating, paying close attention to the main causes, suggestions, and management comments before they are released to various stake holders.
• Ensure that thorough audit tests based on Standard audit programs are carried out on all business operations in accordance with the authorized annual audit plan and offer suggestions for enhancing effectiveness.
• Continuous examination of internal processes and procedures to identify weaknesses in internal control and giving suggestions to boost effectiveness.
• Prepare the quarterly Group Audit reports and present them to the Board Audit Committee.
• Establish audit standards, oversee adherence to audit quality requirements for audit processes implemented across group entities, and offer guidance as needed.
• Any other duties as may be assigned by the GCEO and/or Board Audit Committee.

 Corporate Governance

• Provide assurance regarding the effectiveness of the Risk Management, Control, and Governance Processes.
• Foster a strong emphasis on high-quality assurance to guarantee adherence to the relevant regulatory and industry standards as well as policies, procedures, and processes.
• Put into practice a suitable approach for obtaining audit evidence based on the real field conditions experienced during the fieldwork. Discuss the business's findings frequently to improve reporting and execution.
• Define and assess the governance and risk management components of the service and provide solutions for risk management and mitigation that are appropriate for deployment.

 Leadership & Culture

• Offer direction and support to the Internal Audit Managers to enable them to execute and deliver effectively on the approved Audit Plan.
• Create clear communication of audit deliverables' risks and controls to the Jubilee stakeholders, including senior management, authorities, and the Audit Committee.
• Take the leading role in the evaluation and documentation of current administrative, accounting, and internal control systems to determine their sufficiency and efficiency and offer suggestions for improvement to the Management.
• Manage internal audits in compliance with the company's audit methodology and international standards for the professional practice of internal audit.

Key Competencies

• Strong knowledge of internal audit principles, practices, and methodologies.
• Excellent understanding of insurance industry regulations, risks, and control frameworks.
• Analytical thinking and problem-solving abilities.
• Strong business acumen and ability to assess the impact of risks on organizational objectives.
• Excellent communication and presentation skills.
• Leadership and team management capabilities.
• Strong ethical standards and ability to maintain confidentiality.
• Ability to adapt to changing priorities and work effectively in a dynamic environment.

Qualifications

• Bachelor’s Degree in Accounting, Finance, Business Administration, or any other related course.
• Master’s Degree will be an added advantage.
• Professional certification such as Certified Public Accountant (CPA) and a member of ICPAK
• Certified Internal Auditor and Member of IIA or CISA.

Relevant Experience

• Minimum of 10 years of experience in audit or related roles within the insurance industry.
• Significant experience in the insurance industry and knowledge of insurance standards.
• Experience in leading and managing cross-functional projects or initiatives.
• Proven experience in a leadership or managerial role. Minimum of 4 years
   

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Job Ref. No: JAML007

Role Purpose

• To provide professional investment advisory services to our clients within the retail segment. The successful candidate will be responsible for sourcing, retaining, and growing a client base by implementing financial planning solutions in line with the client’s needs. The role holder will be required to be up to date with macro-economic trends, market developments as well as monitoring corporate actions of listed companies.

Main duties and responsibilities:

• Meeting clients to understand their financial objectives by selling & cross selling of all JAML Investment products and services.
• Managing, maintaining and building new and existing client relationships.
• Preparing and presenting proposals to existing and potential clients
• Provide direct sales support (quality lead generation and effective follow-up) to generate and convert quality leads into sales.
• Participate in specific product campaigns by ensuring that the products are explained to customers.
• Adhering to compliance, operational procedures, and practice management standards.
• Assists clients grow their investment portfolios by giving them the right advice on where to invest the money for maximum returns
• while reducing risk.
• Asks clients pertinent questions to understand their financial goals to advise them correctly on what investment options to take.
• Complies with all regulatory requirements in offering advice to clients to avoid penalties from regulators.
• Consistently achieving the allocated sales targets.

Key Competencies

• Prospecting skills
• Personal Branding & Good communication skills
• Social Selling & Negotiation skills
• Virtual Selling Skills
• Able to work independently.
• Relationship management and networking skills
• Able to plan and manage time effectively.
• Strong negotiation skills are required.
• Ability to understand economic and financial trends is a requirement.
• Ability to work under pressure.

Qualifications

• Bachelor’s degree/Diploma in Finance, Business Administration or any other relevant field
• Investment industry knowledge will be an added advantage.

Relevant Experience

• Minimum of 1 year work experience in the Financial Services industry in a Sales role in a Bank or in the Asset/Wealth Management and Investment space.

If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the Job Reference Number and Position by Monday, 17th June2023.

Only shortlisted candidates will be contacted.

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Job Ref. No: JAML007

Role Purpose

• The investment analyst plays a critical role in conducting research, performing investment analysis, and providing valuable information and recommendations on equity and fixed income investments. This position requires staying updated on macroeconomic trends, monitoring market developments, and tracking corporate actions of listed companies.

Main Responsibilities

 Research and Analysis:

• Conduct extensive research and analysis on potential investment opportunities, including fundamental analysis of financial statements, market trends, industry analysis, and competitor evaluations.
• Evaluate the risk-return characteristics of investments and assess their suitability for specific portfolios or strategies.
• Utilize financial models and quantitative techniques to forecast investment performance and assess potential risks.
• Stay updated with market developments, economic indicators, and regulatory changes that may impact investment decisions.

Investment Due Diligence

• Perform due diligence on investment opportunities, including conducting background checks, reviewing legal and regulatory documents, and assessing the credibility and financial strength of potential investment partners or issuers.
• Evaluate investment strategies and assess their alignment with client objectives, risk tolerance, and investment guidelines.
• Identify and analyze key drivers, trends, and risks within specific industries or sectors that may impact investment performance.
• Reporting and Communication:
• Prepare detailed investment reports, investment memos, and presentations to communicate investment recommendations, findings, and performance to portfolio managers, clients, and senior stakeholders.
• Clearly and effectively communicate complex investment concepts, strategies, and risks to both technical and non-technical audiences.
• Collaborate with team members to generate investment ideas, discuss research findings, and contribute to investment strategy discussions.

Investment Recommendation

• Making recommendations regarding investment attractiveness of equities and fixed income securities
• Transferring relatively complex information to diverse audiences.

 Portfolio Monitoring and Performance Evaluation:

•  Monitor and evaluate the performance of existing investments and portfolios, identify areas of improvement, and recommend appropriate actions.
• Conduct periodic reviews of investment portfolios to ensure compliance with investment guidelines, risk parameters, and regulatory requirements.
• Assist in the development and implementation of investment strategies, asset allocation models, and risk management frameworks.
• Market and Competitive Analysis: analyze market trends, economic indicators, geopolitical events, and other factors that may impact investment opportunities.
• Monitor and assess the competitive landscape within specific industries or sectors to identify potential investment risks and opportunities.
• Stay updated with industry research reports, investment publications, and market commentary to gain insights into emerging trends and potential investment themes.
• Analyzing the position of listed and unlisted companies within the investment universe.
• Projecting short and long-term macroeconomic forecasts for factors such as GDP, inflation, and interest rates, as well as industry and company specific financial projections, with clearly identifiable performance drivers.

Key Competencies

• Technical knowledge in Investment
• Decision Making
• Planning & Organizing
• Analytical Skills
• Ownership & Commitment
• Highly Numerate
• Qualifications
• Bachelor’s degree in Finance/ Investments
• CFA Qualification will be an added advantage.

Relevant Experience

• Minimum of 3 years’ work experience in financial modelling and investment analysis

If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the Job Reference Number and Position by 15th June 2023 Only shortlisted candidates will be contacted

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Job Ref. No: JHIL078

Role Purpose

• Assistance to the Head of wellness in implementing the wellness activities to clients. Supervisory to the wellness team members towards effective execution of the wellness programs. Conducting Health Talks, Implementing Wellness schedules & Medical camps. Assisting in development and Implementation of Chronic Disease Management programs, Maisha FITI digital App, Mum’s Club, Corporate wellness.

Main Responsibilities

• Supervision of Wellness initiatives, ensuring their full implementation and execution within budget.
• Enroll, coordinate, and support patients in the Chronic Disease Management Program, Jubilee Mum’s Club Program and Mental Health and Wellness Program.
• Supervise and coordinate medical camps in collaboration with third party providers.
• Negotiate and effect favorable rates for medical camps with third party providers.
• Audit and empanel suitable third-party providers for provision of corporate wellness services to Jubilee Insured members.
• Develop and implement new business products that promote preventive health initiatives.
• Liaise with the relevant departments in implementation of tele-health initiatives.
• Organize and participate in member education activities related to the various wellness programs.
• Analyze ailment reports for loss making schemes and implement disease prevention intervention.

Key Competencies

• Population health and health benefits plan management
• Performance reporting and management
• Intelligence and Business Development skills
• Customer Service

Qualifications

• A minimum of 3 years’ experience in Wellness and/or Health promotion and prevention roles.
• Degree holders in clinical studies (clinical medicine/nursing/nutrition & dietetics).
• A master’s degree in public health is an added advantage.
• Basic understanding of the concepts of health insurance.
• Proficient in the use of Microsoft office suite and packages.

Relevant Experience

• Minimum of 6 years’ experience in a similar role.

If you are qualified and seeking an exciting new challenge, please apply via Recruitment@jubileekenya.com quoting the Job Reference Number and Position by 15 th June 2023. Only shortlisted candidates will be contacted.

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Job Ref. No.: JLIL144

Role Purpose

• The job holder will be responsible for leading and managing the technology strategy and architectural framework within the organization. The role holder will also play a crucial role in aligning technology solutions with business objectives, ensuring operational efficiency, compliance with regulatory requirements, and fostering a culture of innovation and collaboration.

Main Responsibilities

 Strategy:

• Develop and maintain the IT enterprise architecture roadmap aligned with the organization's strategic goals, specifically focusing on industry requirements.
• Provide expert guidance and recommendations on emerging technologies, industry trends, and best practices relevant to drive innovation and digital transformation.
• Collaborate with senior stakeholders, including business leaders, to understand business requirements and translate them into technology solutions and architectural designs specific to the insurance industry.

Operational:

• Define and enforce IT architecture standards, policies, and procedures to ensure consistent and efficient technology implementations.
• Evaluate existing IT systems, applications, and infrastructure, to identify opportunities for improvement and optimization.
• Lead the design and implementation of scalable, secure, and efficient technology solutions for business units, considering factors such as performance, reliability, and scalability.

Corporate Governance (Regulatory and Compliance):

• Ensure compliance with regulatory and industry standards, data privacy, security, and governance requirements.
• Collaborate with legal, compliance, and risk management teams to address regulatory requirements, ensuring adherence to laws and regulations.
• Monitor and assess technology-related risks specific to the insurance industry and implement necessary controls to safeguard the organization's assets and sensitive data.

Leadership and Culture:

• Provide strategic leadership and mentorship to the IT architecture team, fostering a culture of excellence, collaboration, and continuous learning.
• Collaborate with cross-functional teams and business units, particularly business units, to promote a unified vision and drive technology initiatives.
• Champion the adoption of enterprise architecture principles and methodologies within the various units to drive consistency and standardization across technology solutions.

Key Competencies and Skills

• Strategic thinking and visioning within the industry.
• Ability to translate insurance business requirements into technology solutions.
• Strong project management and organizational skills in an insurance context.
• Risk assessment and mitigation specific to insurance operations.
• Ability to drive change and foster innovation.
• Collaboration and teamwork within business units and IT teams.
• Continuous learning and professional development in technology advancements.

Academic Qualifications

• Bachelor's degree in computer science, information technology, or a related field.

Professional Qualifications

• Certification in enterprise architecture (e.g., TOGAF) and insurance-specific certifications (e.g., insurance operations, regulations) are highly desirable.

Relevant Experience

• Proven experience (8 years) as an IT Enterprise Architect or similar role.
• Proven experience in enterprise architecture planning and implementation in a complex organization.
• Experience in leading and managing a team of IT architects.

If you are qualified and seeking an exciting new challenge, please apply via recruitment@jubileekenya.com quoting the Job Reference Number and Position by Thursday,15th June 2023. Only shortlisted candidates will be contacted.

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Job Ref. No: JAML003

Role Purpose

• The Portfolio Manager is responsible for executing the Company’s Investment Strategy in consultation with the Investment Committeeand support the Marketing Team in selling the Company’s Investment Products to grow assets under management.
• They will also oversee and manage investment portfolios for a variety of clients, ensuring that they are aligned with each client's investment objectives, risk tolerance, and time horizon. The Portfolio Manager will work closely with clients, financial advisors, and other professionals to develop and execute investment strategies that maximize returns while minimizing risk.

Main duties and responsibilities:

Investment

• Develop and oversee the economic and investment research and report to the CEO.
• Responsible for developing portfolios and delivering investment returns exceeding pre-set benchmarks.
• Manage a team of investment professionals and research analysts.
• Ensure timely and coordinated implementation of Investment Committee decisions.
• Regularly monitor portfolios under management and recommend any rebalancing strategies to bring them in line with both agreed investment committee strategies and current client circumstances.
• Report in accordance with the CFA Institute GIPS Performance Reporting Standards
• Uphold and follow the CFA Code of Ethics and Standards of Professional Conduct.
• Ensure investment decisions are backed by high quality and appropriate research and analysis; both internally and externally.

Business Development

• Manage existing client relationships in order to retain and grow business from company’s clients.
• Support the Business Development team in presentations to potential clients.
• Leverage existing business relationships of the Group to grow company client base.

Reporting & Relationship Management

• Responsible for periodic reporting to clients while incorporating economic and market overviews, portfolio valuation, performance and strategy for the following quarter.
• Coordinate with other Departmental Heads to ensure timely and accurate reporting to regulators (CMA/ RBA) as per the regulations.
• Making presentations to Client Investment Committees/ Trustees/ Fund secretaries.
• Preparing strategy papers, investment recommendations and reports to the Board, CEO and Investment Committee.
• Actively manage relationships with brokers and other market participants.

Administration

• Oversee the maintenance of client files for all correspondences, reports and minutes of Client meetings
• Ensure all documentations regarding relationship with clients in terms of investment management agreement, and investment policy statement are complete and up to date
• Liaise with Operations to ensure that management fees is paid promptly.

Compliance

• Ensure compliance to statutory and regulatory requirements including Treating Customers Fairly, Data Protection and Anti Money Laundering.
• Ensure compliance to all company policies, regulatory and statutory reporting.

Leadership and People

• To provide the much-needed transformational leadership to meet and surpass the expectations of stakeholders.
• Building relevant departmental capacity to deliver on strategy by leading, guiding, directing, and evaluating the work of the team.
• Fostering a corporate culture that promotes ethical practices and good corporate citizenship while maintaining a conducive work environment for attracting, retaining, and motivating employees.
• Building the team and ensure adequate succession planning throughout the organization.

Key Competencies

• Strong analytical skills, including the ability to conduct in-depth research and analysis of potential investments.
• Excellent communication and interpersonal skills, with the ability to build and maintain strong relationships with clients and other  professionals.
• Solid understanding of financial markets, investment principles, and portfolio management strategies.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Strong leadership skills, with the ability to provide guidance and mentorship to junior investment professionals.
• Attention to detail and commitment to accuracy, with the ability to analyze complex data and identify trends and patterns.
• Strong problem-solving skills, with the ability to identify and address issues and challenges in a timely and effective manner.

Qualifications

• Bachelor's degree in finance, economics, or a related field.
• Master’s in Business Administration or its equivalent will be an advantage.
• CFA Charter holder or equivalent.
• Knowledge in investment reporting and corporate financial reporting.
• Knowledge of legislation governing Retirement Benefits, institutional and retail investments.
• Excellent computer skills, including proficiency in Excel, Bloomberg, and other financial analysis tools

Relevant Experience

• Minimum of 4-6 years’ experience in managing investments.
• Track record of delivering superior investment returns
• Experience in managing funds on a local and/or regional basis will be an added advantage.
• Solid understanding of applicable laws and regulations related to investment management.
• Excellent computer skills, including proficiency in Excel, Bloomberg, and other financial analysis tools.

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Job Ref. No: JAML002

Role Purpose

• To provide Professional Investment Advisory services to our clients within the retail segment. The successful candidate will be responsible for sourcing, retaining, and growing a client base by implementing financial planning solutions in line with the client’s needs. The role holder will be required to be up to date with macro-economic trends, market developments as well as monitoring corporate actions of listed companies.

Main duties and responsibilities:

• Meeting clients to understand their financial objectives by selling & cross selling of all JFSL products and services.
• Managing, maintaining and building new and existing client relationships.
• Preparing and presenting proposals to existing and potential clients
• Provide direct sales support (quality lead generation and effective follow-up) to generate and convert quality leads into sales.
• Participate in specific product campaigns by ensuring that the products are explained to customers.
• Adhering to compliance, operational procedures, and practice management standards.
• Staying abreast of product information, performance, and industry changes.
• Building a sustainable book of clients in the retail segment.
• Assists clients grow their investment portfolios by giving them the right advice on where to invest the money for maximum returns while reducing risk.
• Asks clients pertinent questions to understand their financial goals to advise them correctly on what investment options to take.
• Advises clients on changing economic and investment trends to assist them in making informed choices about investments in their chosen areas.
• Interprets financial and investment reports on behalf of clients to assist them in having a deeper understanding of the performance of their investments.
• Carries periodic updates of clients' investment portfolios to assist clients in seeing the performance of their portfolios.
• Builds client relationships that assist them in offering new investment products and services.
• Meets with clients to understand their financial needs and objectives, risk tolerance, income, and asset profiles to assist them in choosing the ideal investment options.
• Complies with all regulatory requirements in offering advice to clients to avoid penalties from regulators.
• Consistently achieving the allocated sales targets.

Key Competencies

• Prospecting skills
• Personal Branding
• Social Selling skills
• Virtual Selling Skills
• Consultative Selling skills
• Able to work independently
• Relationship management and networking skills
• Able to plan and manage time effectively
• Strong negotiation skills are required.
• Ability to understand economic and financial trends is a requirement.
• Good communication skills.
• Good stakeholder management skills.
• A high level of attention to detail
• Ability to work under pressure.

Qualifications

• Bachelor’s degree/Diploma in relevant field
• Investment industry knowledge (added advantage)

Relevant Experience

• Minimum of 1 years’ work experience in the Financial Services industry in a Sales role within the Asset/wealth and Investment management space