Requirements / Person Specifications**

Academic Qualifications****

For appointment to this grade, an officer must have:

• Bachelor’s Degree in any of the following disciplines: Insurance, Actuarial Science, Strategic Management, Project Planning and Management, Economics, Statistics, Commerce, Business Management, Mathematics, or an equivalent qualification from a recognized and accredited institution.

• Master’s Degree in any of the following disciplines: Insurance, Actuarial Science, Strategic Management, Statistics, Project Planning and Management, Economics, Business Management, Mathematics, or an equivalent qualification from a recognized and accredited institution.

Professional Qualifications****

The officer must have:

• Diploma in Insurance (IIK) or Diploma in Chartered Insurance Institute (CII);

• Advanced Chartered Insurance Institute (ACII) will be an added advantage;

• Membership to the Insurance Institute of Kenya (IIK) or an equivalent professional body and in good standing;

• Knowledge of Retakaful operations and Sharia-compliant insurance principles will be an added advantage;

• Proficiency in computer applications; and

• Fulfilled the requirements of Chapter Six of the Constitution of Kenya.

Experience****

The officer must have:

• At least twelve (8) years of relevant work experience, three (3) of which must have been in a supervisory position;

• Demonstrable experience in team leadership, stakeholder engagement, and operational coordination within insurance, reinsurance, or Retakaful environments.

Other Requirements**

The officer must possess:

• Excellent interpersonal and communication skills;

• Strong planning, organizing, problem-solving, and decision-making skills with the ability to work under pressure and meet deadlines;

• Strong analytical, report writing, and presentation skills;

• Team leadership and collaboration skills; and

• Knowledge of auditing concepts, governance principles, internal controls, and risk management practices.

Financial Processing & Reconciliations

• Support the timely release of retained premiums, loss reserves, and related returns to cedants and brokers in line with Retakaful principles.

• Ensure accurate and timely raising, processing, and reconciliation of Monthly Debit/Payments (MDPs), premium adjustments, profit commissions, reinstatement premiums, and other treaty/facultative transactions.

• Process recoveries from reinsurers and retrocessionaires while ensuring all balances due to and from Kenya Re are accurately captured and reconciled in the system.

• Monitor and manage runoff accounts, outstanding balances, and facilitate timely settlement of obligations.

Business Analysis & Underwriting Support

• Analyse and process inward international treaty and facultative business (new and existing).

• Review and validate treaty slips, determine acceptance shares, and ensure accurate and timely generation of confirmations.

• Analyse facultative offers, treaty technical statements, and quarterly returns submitted by ceding companies.

• Provide technical support and advisory services to cedants and brokers on Retakaful and reinsurance matters.

Account Management & Debt Collection

• Conduct regular reconciliation of cedant and broker accounts, follow up on outstanding balances, and drive timely debt collection.

• Prepare weekly debt and performance reports for Management.

• Liaise with Finance to confirm balances and ensure prompt settlement of accounts.

Compliance, Reporting & Sharia Governance

• Serve as Secretariat to the Sharia Supervisory Board — preparing agendas, reports, minutes, and tracking implementation of resolutions.

• Ensure full Sharia compliance across underwriting, claims, investments, product development, and all Retakaful operations.

• Review the accuracy and integrity of financial and technical reports generated from the Reinsurance System.

• Monitor compliance of ceding companies with Kenya Re’s submission and reporting requirements.

Stakeholder Engagement & Additional Duties

• Support stakeholder awareness initiatives, including the Yellow Card Scheme where applicable.

• Participate in quarterly treaty confirmations, renewals, and compulsory share validations.

• Prepare periodic management and statutory reports on Retakaful operations.

• Perform any other duties as may be assigned from time to time.