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  • Posted: Jan 12, 2021
    Deadline: Jan 22, 2021
  • Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.
    Read more about this company


    Finance Manager

    Job Reference Number: HRJIC600 

    Role Purpose

    We currently have an exciting career opportunity for a Finance Manager, Jubilee Life Insurance Limited (JLIL). The position holder will report to the Chief Finance Officer and will be based at Head Office in Nairobi.

    Role Purpose

    The position holder will be responsible for maintaining highest levels of integrity, quality & timeliness in financial and management accounting function of the Company in compliance with internal policies, regulatory requirements and International Financial Reporting Standards. Including and not limited to maintaining a robust internal control environment, preparation, review and submission of financials on a timely and accurate basis & managing stakeholder.

    Main Responsibilities

    1. Responsible for both internal and external Financial Reporting.
    2. Responsible for the business planning process including coordination for collation of data, input, review & submission of accurate and timely budget estimates.
    3. Ensuring integrity of the Trial Balance at all times.
    4. Liaison with the Actuarial team and enforcement of the Service Level Agreements in place.
    5. Responsible for recommending and authorizing all entries including post balance sheet transactions.
    6. Treasury & Credit Control Management Operations and maintaining stakeholder relationships with all Banks, Intermediaries, Reinsurers and any other relevant parties.
    7. Capital Management by ensuring optimization of available cash & liquidity requirements.
    8. Responsible for the development of the Audit Plan in conjunction with the External Auditors and CFO.
    9. Liaison with the External Auditors and ensuring that all matters are addressed in a timely manner and management letters and financial reports are finalized in accordance with timetable.
    10. Follow up for quick resolution to outstanding internal and external audit issues.
    11. Authorization of expenses within the approved limits and following due process.
    12. Staying abreast of all investment and reporting matters.
    13. Managing and providing leadership to assigned team.
    14. Documentation and continuous review of the internal control environment to mitigate risks.
    15. Embed international best practice and culture within the staff compliment of the team.
    16. Develop management information systems that will enhance decision making.
    17. Submission of various statutory returns to IRA, KRA.
    18. Assist the Chief Finance Officer with tasks assigned.
    19. Responsible for the timely preparation and review of Board papers and other management reports.

    Functional Skills

    1. Demonstrate good communication and leadership skills with high personal integrity
    2. Organized, numerate, analytical and fully computer literate
    3. Very familiar with the current Insurance, Retirement Benefits Authority and Capital Markets Authority regulations
    4. High levels of energy, drive, creativity and innovation.
    5. Ability to prioritize and work on a wide range of deliverables at once.
    6. Strong business acumen and a good understanding of the market.
    7. Self-starter who shows initiative and is able to drive projects to completion with minimal guidance.


    1. Degree in Bachelor of Commerce – Finance option
    2. Certified Public Accountant (registered member with ICPAK)

    Relevant Experience                                                                         

    • At least 10 years’ Experience of which three must be in similar good understanding of life insurance business.
    • Management/Supervisory

    go to method of application »

    Junior Quality Assurance Officer

    Job Reference Number: HRJIC599 

    Role Purpose

    We currently have an exciting career opportunity for Junior Quality Assurance Officer, Jubilee Health Insurance Limited. The position holder will report to the Assistant Quality Assurance Officer and will be based at Head Office in Nairobi.

    Role Purpose
    Under general supervision, the role holder is responsible for performing intermediate and daily quality assurance reviews
    to ensure and report on the accuracy of claims processing end-to-end and other key business processes.

    Main Responsibilities

    • Randomly audit claim transactions, including high value, declines and duplicate claims.
    • Determine error sources and accurate entry of registered and approved claims.
    • Ensure pricing arrangements have been applied accurately.
    • Attend and actively participate in Quality Assurance Team meetings.
    • Analyze claims supporting documents to establish liability.
    • Monitor and ensure that the key interfaces adhere to the set claims handling standards and escalate nonadherence to the management

    Key Competencies

    • Detail-oriented with problem-solving abilities structural and conceptual thinking
    • Ability to handle detailed tasks and work with varying types of data.
    • Ability to maintain confidentiality.
    • A team player willing to learn, apply and improve Quality Assurance best practices consistently.


    • Diploma or a Bachelor’s degree in any Healthcare-related field.
    • Professional qualification in Insurance (ACII, AIIK) is an added advantage.

    Relevant Experience

    • Knowledge of medical insurance claims processes and procedures.
    • Knowledge and experience in insurance concepts & regulatory requirements.


    • Diploma or a Bachelor’s degree in any Healthcare-related field.
    • Professional qualification in Insurance (ACII, AIIK) is an added advantage.

    Method of Application

    Send applications to [email protected]

    Closing Date: 22nd January, 2021

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

    View All Vacancies at Jubilee Insurance Back To Home
Average Salary at Jubilee Insurance
KSh 58K from 48 employees

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