Head of Credit Management

Reporting To: General Manager – Finance & Administration
Main Purpose of the Job: This is a strategy role responsible for management of Company’s credit risk in line with the Insurance Act and the credit policy as amended from time to time.
Key Responsibilities / Accountabilities
Executing strategic initiatives aimed at reducing the credit exposure to the business.
Management of cross functional relationship affecting premium records.
Constant review and improvement of existing processes linked to credit management.
Regular feedback to senior management and recommendations for improvements.
Constant interaction with all stakeholders to manage the consequence of uncollected premiums
Full compliance to credit management policy, and if necessary recommendation for change due to changes in legal and operating environment.
Staff development and training on debt management.
Referral of uncollected debt to debt collection agencies, managing legal action and reference to the Credit Reference Bureau (CRB)
Key Skills, Knowledge, Experience and Personal Competencies Education • Degree in an Accounting or Finance from a recognized university • Qualified CPA (K) or ACCA • Credit Management qualification is an added advantage Experience • At least seven (7) years of which at least three (3) years should be in managerial position in credit management, with proven track record. • Experience in credit management in a large company operating in financial services industry is an added advantage.