Academic Qualifications**
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Bachelor’s degree in actuarial science, Statistics, Mathematics, Insurance, Commerce (Insurance/ Finance/Accounting/Marketing), Business Administration, Strategic Management, or equivalent from a recognized institution.
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Master’s degree in actuarial science, Commerce, Business Administration (MBA), Strategic Management, or equivalent from a recognized institution.
Professional Qualifications****
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Associate of the Chartered Insurance Institute (ACII) or Fellowship (FCII) – London or Kenya.
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Full membership of the Insurance Institute of Kenya (IIK) or equivalent professional body, in good standing.
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A senior leadership or management course lasting not less than four (4) weeks from a recognized institution.
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Proficiency in computer applications.
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Must satisfy the requirements of Chapter Six of the Constitution of Kenya 2010.
Experience**
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At least fifteen (15) years of relevant experience in insurance/reinsurance, with a minimum of ten (10) years in senior management roles.
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Demonstrated experience managing Life reinsurance, international treaty/facultative business, and business development functions.
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Proven track record of engaging with Boards of Directors and leading high-performing teams.
Strategic Portfolio Oversight
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The role has overall responsibility for Life Reinsurance, Local Market Operations, International
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Treaty, International Facultative, Marketing & Business Development, and Retrocession placements.
Business Growth, Marketing and Market Development
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Lead marketing and business development strategies to grow market share across local, international treaty, and international facultative business.
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Identify new opportunities and develop innovative reinsurance products and solutions.
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Oversee the preparation and delivery of competitive quotations, pricing, rating terms, and underwriting conditions.
Stakeholder Engagement and Relationship Management
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Build and maintain strong relationships with cedants, brokers, retrocessionaires, and regulators in local and international markets.
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Provide strategic reports, business intelligence, and technical advisory to the Board and Senior Management.
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Ensure high client satisfaction, retention, and fulfilment of Kenya Re’s statutory mandate.
Underwriting, Technical and Financial Performance
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Provide executive leadership in underwriting and portfolio management across all business lines.
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Lead the strategic retrocession placements and negotiations to secure optimal risk transfer, capacity, and favorable terms from global retrocessionaires.
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Draft, review, and negotiate treaty and facultative agreements in line with Kenya Re’s policies and regulatory requirements.
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Ensure timely collection of premiums, commissions, and receivables.
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Oversee management of mandatory cessions and run-off accounts.
Claims Management
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Oversee end-to-end claims handling for Group Life and Individual Life reinsurance business,
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including death, disability, and other treaty-related claims.
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Review outstanding loss reserves, IBNR provisions, and claims adequacy.
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Ensure prompt, fair, and compliant claims settlements.
Data, Analytics and Reporting
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Coordinate regulatory data submissions to the Insurance Regulatory Authority (IRA).
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Analyse actuarial and market statistics to support valuation, reserving, and strategic planning.
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Monitor performance across all portfolios.
Governance, Risk and Compliance
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Champion strong governance, internal controls, risk management, and full statutory compliance.
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Prepare and monitor divisional budgets, work plans, and performance contracts.
People Leadership and Organizational Effectiveness
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Lead, mentor, and develop a high-performing team within the Reinsurance Operations Division.
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Promote a culture of professionalism, innovation, accountability, and service excellence.
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Perform any other duties assigned by the Group Managing Director