Company Address: Address Reinsurance Plaza Mezzanine Floor, Aga Khan Walk

  • Compliance Officer

    Compliance Officer

    PURPOSE:
    The role is responsible for the management of compliance, recordkeeping, monitoring, and analytical functions involved with regulatory compliance, anti-fraud, Anti Money Laundering (AML), and Counter Terrorist Financing (CTF) with a strong background in Fund management and pension Compliance.

    The Compliance Officer’s job deals with any day-to-day compliance issues that arise during financial transactions, trading, Investment or the handling of client accounts and funds.
    This officer must ensure the business and its employees understand and abide by internal and regulatory procedures.
    The individual with be part of the Risk and Compliance team; working within the shared services structure of CIC Insurance Group. The role will assist in compliance in the Insurance Related business but will have a substantive role in the Fund Management and Pension Compliance within the team.

    PRIMARY RESPONSIBILITIES:

    Performing real time surveillance and support with a view to preventing misconduct, promoting ethical standards, and monitoring and advising on rules, within the overall objective of reducing risk to the business
    Develop an appropriate Compliance Management methodology and process to ensure compliance with all the set up regulations.
    Provide high quality Compliance advice to Business and Support functions on applicable internal policies, laws and regulations
    Ensure that all Fund Management portfolios managed by the business comply with Capital Markets Authority Guidelines.
    Ensure that the pension portfolio in CIC Life and CICAM are in full compliance with the Retirement Benefit Authority Guidelines.
    Provide advice regarding Anti-money laundering compliance especially; client due diligence, KYC standards, internal policies and local regulations
    Assist with the review of marketing materials and client presentations to ensure compliance with regulatory requirements and presentation of the same to regulators for approval
    Provide high level analysis on changes to regulations and provide support to the Business on implementation
    Carry out compliance monitoring and perform ad hoc investigations into matters or issues that are escalated to Compliance
    Prepare draft operational policies to assist in compliance with laws and regulation for management approval.
    Coordinate submission of regulatory returns

    PERSON SPECIFICATIONS
    Academic Qualifications

    Bachelor’s Degree in Business Related Field

    Professional Qualifications

    Professional Qualification
    CISA/CISI/CRM, CISM, Progress in CPA

    Experience

    Up to three (3) years’ relevant experience

     Skills and Attributes

    Team player adaptable to fast-paced and changing environment and eager to learn.
    Ability to manage tight processes, accuracy and attention to detail.
    Ability to dive into the details and develop greater understanding of the CIC Group wide compliance requirement.
    Highly disciplined person, self-motivated, and delivery focused.
    Excellent time management skills – Be able to organize and meet monthly, quarterly and annual deadlines for multiple regulators.

    If you have the aforementioned professional and academic qualifications and you are ready to execute,the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title.

    Apply via :

    cic.co.ke

  • Executive Assistant for MD

    Executive Assistant for MD

    REPORTING
    Reporting to CIC Life Managing Director, your role will involve managing the Managing Director’s office and offering support in executing his role. You will work closely with Senior Managers within CIC Life and other Executives within CIC Group. Your role shall be aligned to the strategic goals and objectives of the Managing Director.
    PRIMARY RESPONSIBILTIES:

    To act as first point of contact to MD Life, proactively and promptly reviewing and tracking incoming enquiries such as emails, invitations, complaints and correspondence and responding directly, delegating to colleagues, or advising on responses to the MD Life; providing clarity of outcome/actions and ensuring these are followed to resolution in a professional manner;
    To maintain MD Life’s diary, making necessary plans for travel, meetings and other appointments;
    To make administrative arrangements and the planning for internal and external meetings, conferences and attend as necessary; operating a system to ensure the MD Life is fully briefed for meetings, including recommending solutions where appropriate;
    Proper management (direct/indirect) of projects that the MD Life’s office may be participating in;
    To provide high-level secretariat support to key internal and external meetings involving the MD Life, including preparing agendas, coordinating or writing papers, producing minutes, and ensuing follow-up actions are progressed;
    To liaise with external bodies with which the MD Life requires representation and is involved as required;
    To prepare and edit correspondence, reports, memos, message point, speeches and presentation material as required; noting the need for accessibility in all documentation from all sources;
    Organizing and maintaining files and records;
    Welcomes guests and customers by greeting them, in person or on the telephone; answering or directing inquiries;

    Assists in coordinating the agenda of senior management team Prepares an account of the meetings, designates and follows up on assigned action items;
    Monitoring MD Life’s office budget to ensure it is within the allocated limits and make amendments where necessary;
    Have ability to provide analytics and insights on Sales reports
    Assist in research and market intelligence and presentation of the same
    Preparation of concept papers and power points in relevant topics
    To undertake any other reasonable duties as

    QUALIFICATIONS

    Bachelor’s degree in a relevant field with part qualification in relevant professional field;
    Up to two (2) years’ relevant experience
    Demonstrable level of numeracy and ability to analyze statistical and financial data, is essential;
    A self-starter, capable of acting on own initiative and proactively managing competing demands and pressures and able to multi-task effectively;
    Must be able to work collaboratively, with a range of colleagues in the wider organization, senior internal as well as external stakeholders;
    Excellent interpersonal, diplomatic, oral communication skills;
    Well placed sense of judgment and stakeholder management skills, able to exercise absolute discretion and confidentiality;
    Evidence of an ability to “think outside the box” and generate and implement creative solutions;
    To be able to work with versatility, meeting unexpected, very tight deadlines on occasion, being able to prioritize as required and able to work autonomously;
    Have strong attention to detail; and
    Highly competent IT skills across standard Microsoft packages;

    Apply via :

    cic.co.ke

  • Executive Manager

    Executive Manager

    REPORTING
    Reporting to CIC Life Managing Director, your role will involve managing the Managing Director’s office and offering support in executing his role. You will work closely with Senior Managers within CIC Life and other Executives within CIC Group. Your role shall be aligned to the strategic goals and objectives of the Managing Director.
    PRIMARY RESPONSIBILTIES:

    To act as first point of contact to MD Life, proactively and promptly reviewing and tracking incoming inquiries such as emails, invitations, complaints and correspondence and responding directly, delegating to colleagues, or advising on responses to the MD Life; providing clarity of outcome/actions and ensuring these are followed to resolution in a professional manner;
    To maintain MD Life’s diary, making necessary plans for travel, meetings and other appointments;
    To make administrative arrangements and the planning for internal and external meetings, conferences and attend as necessary; operating a system to ensure the MD Life is fully briefed for meetings, including recommending solutions where appropriate;
    Proper management (direct/indirect) of projects that the MD Life’s office may be participating in;
    To provide high-level secretariat support to key internal and external meetings involving the MD Life, including preparing agendas, coordinating or writing papers, producing minutes, and ensuing follow-up actions are progressed;
    To liaise with external bodies with which the MD Life requires representation and is involved as required;
    To prepare and edit correspondence, reports, memos, message points, speeches and presentation material as required; noting the need for accessibility in all documentation from all sources;
    Organizing and maintaining files and records;
    Welcomes guests and customers by greeting them, in person or on the telephone; answering or directing inquiries;
    Assists in coordinating the agenda of the senior management team and prepare an account of the meetings, designates and follows up on assigned action items;
    Monitoring MD Life’s office budget to ensure it is within the allocated limits and make amendments where necessary;
    Have the ability to provide analytics and insights on Sales reports
    Assist in research and market intelligence and presentation of the same
    Preparation of concept papers and power points in relevant topics
    To undertake any other reasonable duties as

    QUALIFICATIONS

    Bachelor’s degree in a relevant field with part qualification in relevant professional field;
    Up to two (2) years’ relevant experience
    Demonstrable level of numeracy and ability to analyze statistical and financial data is essential;
    A self-starter, capable of acting on own initiative and proactively managing competing demands and pressures, and able to multi-task effectively;
    Must be able to work collaboratively, with a range of colleagues in the wider organization, senior internal as well as external stakeholders;
    Excellent interpersonal, diplomatic, oral communication skills;
    Well placed sense of judgment and stakeholder management skills, able to exercise absolute discretion and confidentiality;
    Evidence of an ability to “think outside the box” and generate and implement creative solutions;
    To be able to work with versatility, meeting unexpected, very tight deadlines on occasion, being able to prioritize as required and able to work autonomously;
    Have strong attention to detail; and
    Highly competent IT skills across standard Microsoft packages;

    Apply via :

    cic.co.ke

  • Project Management Officer

    Project Management Officer

    PURPOSE:
    To ensure implementation of assigned projects within the planned time and budget and to the satisfaction of project owners and users.
    PRIMARY RESPONSIBILITIES:

    Plan the project which will include; defining the scope, developing work plans and schedules, determine the required resources and set objectives and measures in consultation with the appropriate stakeholders
    Staff the project which will include; selecting staff and/or volunteers with appropriate skills for the project activities in consultation with the business units, manage project staff according to the established policies and practices
    Implement the project which will include; executing the project according to the project plan, develop records to document project activities, monitor the progress of the project and make adjustments as necessary to ensure the successful completion of the project, establish a communication schedule to update stakeholders and review the quality of the work completed with the project team
    Control the project which will include; monitoring the project progress and communicate to project sponsors, monitor budgeted expenditures and project cash flows, maintain financial records and any supporting documents and manage change requests as per the change management plan
    Evaluate the project which includes; ensuring that the project deliverables are on time, within budget and at the required level of quality and evaluating the outcomes of the project as established during the planning phase

     PERSON SPECIFICATIONS Academic Qualifications

    Degree in Business, project management, or other relevant degree

    Professional Qualifications

    Project Management Certification – Added advantage

    Experience

    Four (4) years relevant experience.

     Skills and Attributes

    Analytical skills
    Project management skills
    Interpersonal and communication skills

    Apply via :

    cic.co.ke

  • Reinsurance Manager – General Business 

Actuarial Manager – General Insurance 

Customer Experience Officer

    Reinsurance Manager – General Business Actuarial Manager – General Insurance Customer Experience Officer

    PURPOSE:
    Responsible for designing an optimal reinsurance programs, assessment and placement of risks and reinsurance recoveries for the group.
    PRIMARY RESPONSIBILITIES:

    Review all risks acceptances to ensure they are protected by proper reinsurance arrangement;
    Monitor the reinsurance register to ensure risks are correctly allocated into the relevant treaties;
    Negotiate and review reinsurance contracts (best rates and terms) at each reinsurance renewal period;
    Underwrite inward facultative business;
    Prepare reinsurance underwriting and claims statistics for reinsurance renewals and review of profitability of the reinsurance program;
    Grow inward facultative business and collect premiums, through acquisition of new and retention of existing business;
    Place all risks that are in excess of capacity;
    Prepare and file quarterly reinsurance returns and
    Negotiate special acceptances of unusual risks.
    Ensure facultative premiums are collected on time.
    Ensure treaty recoveries are done on time.
    Collect all outstanding debt on premiums and claims recoveries
    Process and ensure all custom bonds are canceled immediately they fall due.

    GENERIC DUTIES

    Carry out performance appraisal, coaching and mentoring staff;
    Resource allocation, staffing and leave approval;
    Participate in planning and budgeting for the department;
    Participate in various meeting and committees.

    PERSON SPECIFICATIONS
    Academic Qualifications

    Bachelor’s degree in a business related field

    Professional Qualifications

    ACII or AIIK is mandatory

    Experience

    Minimum of six (6) years’ relevant experience, two (2) of which at supervisory level

    Skills and Attributes

    Excellent communication and presentation skills
    Problem solving skills
    Excellent interpersonal skills
    Good negotiation skills
    Good analytical skills
    Computer literate in MS Office and other office applications
    Understanding of the working environment /competitors
    Technical competence in insurance
    Basic knowledge of regulations by AKI and IRA

    go to method of application »

    Use the link(s) below to apply on company website.  

    Apply via :

  • Senior Finance Manager-General Business

    Senior Finance Manager-General Business

    PURPOSE:
    Responsible for the overall financial reporting, cost control, budgeting, regulatory and statutory compliance, cash flow management, safeguarding the assets with an aim of attaining profitability for the subsidiary.
    PRIMARY RESPONSIBILITIES:

    Review for adequacy operational and financial controls in the business (systems, processes and people) and recommend changes to the management;
    Review and file returns to the regulator and other statutory bodies on monthly, quarterly and yearly;
    Review the completeness of the asset register and confirm that it is in line with the company accounts;
    Confirm investment in company assets are within company investment policy statement and guided by the Insurance Act and advice the fund management monthly;
    Review management and financial reports for completeness and preparation of board papers on a monthly and quarterly basis respectively;
    Prepare and compile company budgets annually and analyse financial reports and report variance against budget on a monthly basis;
    Approve payments and check that all accounting transactions are posted to the correct cost centres;
    Coordinate external and internal audits;
    Manage cash flows, control costs and action on audit recommendations;
    Liaise with external stakeholders e.g. banks, IRA, KRA towards enhancement of company operations.

     
    GENERIC DUTIES

    Carry out performance appraisal, coaching and mentoring staff;
    Resource allocation, staffing and leave approval;
    Participate in planning and budgeting for the department;
    Participate in various meeting and committees and acting as spokesperson on behalf of the company.

    PERSON SPECIFICATIONS
    Academic Qualifications

    Bachelor’s degree in Finance, Accounting, Business or in a related field.
    A Master’s degree an added advantage

    Professional Qualifications

    CPA (K) or ACCA/CFA is a requirement

    Experience

    Minimum of eight (8) years’ relevant experience in a similar position, three (3) of which at supervisory level

    Skills and Attributes

    Excellent communication and presentation skills
    Problem solving skills
    Excellent interpersonal skills
    Leadership skills
    Good analytical skills
    Computer literate in MS Office and other office applications
    Knowledge of Business Environment

    Apply via :

    cic.co.ke

  • Underwriter – Group Life

    Underwriter – Group Life

    PURPOSE:
    The job holder shall be responsible for analyzing and assessing the risk presented to the company through the proposals submitted and based on the underwriting guidelines provided by the company.
    PRIMARYRESPONSIBILITIES:

    Lead the Corporate Business Underwriting and Servicing Section;
    Evaluate risks proposed and prescribe rates and terms commensurate with level of risk before acceptance as per Underwriting guidelines;
     Approve Policy endorsements;
    Approve renewal invitations guided by the claims experience;
    Ensure business retention ratio is achieved
    Monthly Premium Reconciliation and preparation of quarterly intermediaries Account Statement;
    Approve commission for agents and brokers as per authority limits;
     Approve premium refunds to customers;
    Review and approve Policy documents and Renewal Endorsements;
     Review and approve Group Life quotations to intermediaries and clients;
    Respond and attend to customer enquiries;
    Prepare monthly business reports;
     Approve payments to Medical Service Providers;
    Periodic review and update of the Underwriting Guidelines and Policy Documents

    PERSON SPECIFICATIONS
    Academic Qualifications

    Bachelor’s Degree in Business or in a related field

    Experience

    Minimum (4) years’ relevant work experience

    Professional Qualifications

    CII, AIIK or LOMA – FLMI (Required)

    Skills and Attributes

    Excellent communication and presentation skills
    Problem solving skills
    Excellent interpersonal skills
    Good negotiation skills
    Good analytical skills Computer literate in MS Office and other office applications
    Understanding of the working environment /competitors
    Technical competence in insurance
    In-depth knowledge of regulations by AKI and IRA

    Apply via :

    cic.co.ke

  • Underwriting Assistant

    Underwriting Assistant

    PURPOSE:
    To assess and prudently underwrite General Business in commercially sound terms and to ensure that all underwriting and documentation duties in the section operate effectively and efficiently.
    PRIMARY RESPONSIBILITIES:

    Asses business risk proposal (Accept/Reject Risk) on the basis of existing underwriting guidelines);
    To process schedules and issue policy document and endorsement;
    To ensure proper and accurate debiting and crediting and ensure proper reinsurance policy in place;
    Doing quotes for clients;
    Ensure Timely renewal notification/followup
    General business underwriting for all classes of business
    Preparation of monthly reports
    Service to all customers within a reasonable time

    PERSON SPECIFICATIONS
    Academic Qualifications

    Diploma in relevant field / Relevant technical training certificate / part qualification in relevant professional field

    Professional Qualifications
    Experience

    Up to one (1) years’ relevant experience

    Skills and Attributes

    Excellent communication and presentation skills
    Problem solving skills
    Excellent interpersonal skills
    Good negotiation skills
    Good analytical skills
    Computer literate in MS Office and other office applications
    Understanding of the working environment /competitors
    Technical competence in insurance
    Basic knowledge of regulations by AKI and IRA

    Apply via :

    cic.co.ke

  • Human Resource Assistant 

Sales and Training Officer, Micro Insurance 

Managing Director – CIC Africa Uganda

    Human Resource Assistant Sales and Training Officer, Micro Insurance Managing Director – CIC Africa Uganda

    PURPOSE:
    The successful candidate shall be responsible for supporting CIC Life Subsidiary HRBP with a variety of duties, including new hire on-boarding, orientation, employee records, payroll and benefits administration, learning & development, employee assistance and other special assignments as needed.
    PRIMARY RESPONSIBILITIES:

    Submits employee data reports by assembling, preparing, and analysing data e.g. Staff KPIs and Appraisal records;
    Assisting the HRBP with generalist HR matters, including reviewing and developing relevant Policies and Procedures and providing advice in relation to employee performance, conduct and absence management;
    Coordinates and administers training and development programs and liaising with the HRBP and Group Learning & Development Manager as required. This includes providing support in relation to Health and Safety training records for employees;
    Preparation of documents required for management meetings and interviews;
    Managing and maintaining contracts, personnel files and other employee information including by capturing and updating employment and status-change data;
    Welcomes new employees to the organization by conducting orientation & develops an induction program for them;
    Assisting with preparations for disciplinary and grievance hearings as necessary;
    Drafts contract offer letters to new staff and confirmation letters; and
    Providing confidential ad hoc advice and assistance to employees.

    PERSON SPECIFICATIONS 
    Academic Qualifications

    Bachelor’s degree in a related field, preferably in Human Resources.

    Professional Qualifications

    Progress in CHRP/ HR Higher Diploma

    Experience

    Up to 2 years of relevant experience.

    Skills and Attributes

    Excellent communication and presentation skills
    Problem solving skills
    Excellent interpersonal skills
    Computer literate in MS Office and other office applications

    go to method of application »

    Use the link(s) below to apply on company website.  If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly submit your application: Strictly apply through: https://cic.co.ke/job-application/ clearly indicating the position being applied for. E.g. HUMAN RESOURCE ASSISTANT The application should reach us by close of business on 31st May 2021. Please note only short listed candidates will be contacted. If you do not hear from us by 14th June 2021 consider your application unsuccessful.

    Apply via :

  • Sales and Training Officer

    Sales and Training Officer

    PURPOSE:
    Generate revenue Micro Insurance revenue in order to achieve the annual budgets. The job involves training and motivating of sales teams, development of assigned markets and channels, and nurturing of strong partnerships which will be a source of profitable business for the company.
    PRIMARY RESPONSIBILITIES:

    The person is responsible for the revenues and motivation of sales teams to produce results.
    Attain 100% or above of the set annual budget with our key partners which shall include micro Agriculture Insurance, Micro Credit life and cross selling of other Micro insurance products. .
    Develop new micro markets by identifying and exploiting business opportunities especially amongst aggregator groups and other organized networks for the growth of micro Insurance business.
    Attend and carry out farmer training sessions and disseminate information on all micro Insurance products.
    Ensue at least 85% retention of business on an annual basis.
    Gather and share market intelligence that helps improve product offering, distribution and processes improvements.
    Provide weekly and monthly production reports within set deadlines.
    Ensure smooth process flows that adhere to the agreed turnaround time (TATs) as well as be a champion of excellent customer service to the cooperatives and individual clients
    To comply with company credit policy and audit requirements.

    Person specifications
    Academic Qualifications

    Bachelor’s degree in Commerce or in a business related field

    Professional Qualifications

    Certification in training course required.
    Progress towards attaining ACII or AIIK will be an added advantage

    Experience

    Up to three (3) years’ relevant sales and training experience

    Experience with the cooperative movement and interaction with farmers an added advantage.
    Skills and Attributes

    Excellent communication and presentation skills
    Problem solving skills
    Excellent interpersonal skills
    Excellent customer care skills
    Good negotiation skills
    Computer literate in MS Office and other office applications
    Understanding of the working environment /competitors

    If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, kindly send your resume to the address below indicating on the subject of your email the job title.

    clearly indicating the position being applied for.For example: Ref: Application for Sales and Training Manager, Micro InsuranceThe application should reach us by close of business on 28th May 2021. Please note only short listed candidates will be contacted. If you do not hear from us by 8th June 2021 consider your application unsuccessful..

    Apply via :

    cic.co.ke