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Showing 107 Insurance Companies jobs in Kenya

group actuary

Nairobi, Nairobi KES1500000 - KES4500000 Y CIC Insurance Company

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Job Description

PURPOSE:
CIC Insurance Group is a leading cooperative insurer with operations across East and Southern Africa. With a diverse portfolio spanning Life, General, and Micro Insurance businesses across multiple jurisdictions, CIC is committed to financial inclusion, innovation, and long-term sustainability. Reporting to the Group Managing Director & CEO, the Group Actuary role shall provide strategic actuarial leadership across all CIC Insurance Group entities, in close collaboration with the Group CFO, the role ensures regulatory compliance, optimal risk management, and sustainable profitability across multiple jurisdictions—while also driving innovation, establishing new business lines, and maintaining stakeholder confidence.

PRIMARY RESPONSIBILITIES:
Academic and Professional Requirements:
Experience Required:

  • Strategic Leadership & Group Governance (20% of time)
  • Provide actuarial insights and leadership in strategic planning and budget development across all Group entities
  • Lead actuarial valuations and sign-offs for all subsidiaries across Life, General and Micro Insurance operations
  • Prepare and present comprehensive actuarial reports, analyses, and recommendations to Boards of Directors for all entities in the Group
  • Maintain strategic relationships with regulatory bodies across multiple jurisdictions and industry players
  • Drive cross-functional collaboration between actuarial teams, underwriting, product development, finance, and other departments across the Group
  • Oversee adherence to all statutory and regulatory requirements, including IFRS 17, risk-based capital frameworks, and other reporting standards
  • Support the preparation of Financial Condition Reports across the Group in conjunction with appointed/external actuaries
  • Risk Management & Capital Optimization (15% of time)
  • Lead implementation of robust risk management frameworks, including stress testing and scenario analysis to identify potential risks and recommend mitigation strategies across all entities
  • Monitor capital management and solvency positions for the entire Group and develop risk-based capital models recommendations for all subsidiaries
  • Manage Asset Liability Matching and provide investment performance recommendations
  • Product Development & Pricing Strategy (20% of time)
  • Lead the pricing and design of innovative insurance products across Life, General and Micro Insurance to meet market demands and improve profitability
  • Advise on appropriate ratings for existing products based on relevant market information and experience analysis
  • Spearhead product rationalization and innovation across the Group, leading rollout of new products and revamping existing offerings
  • Oversee experience analysis (claims, mortality, persistency, expenses, etc.) across all entities and provide strategic recommendations
  • Collaborate with industry players to ensure adequate rates loss making lines of business
  • IFRS 17 Implementation & Advanced Reporting (15% of time)
  • IFRS 17 implementation across all Group entities, developing specific policies and methodologies for implementation
  • Oversee the generation of financial results under IFRS 17 standards across Life, General and Micro Insurance operations
  • Lead the systemization initiatives for IFRS 17 reporting across multiple subsidiaries and jurisdictions
  • Ensure consistency in IFRS 17 application and reporting standards across all Group entities
  • Reinsurance & Industry Analysis (10% of time)
  • Provide recommendations on the suitability of reinsurance arrangements to all subsidiaries across Life, General and Micro Insurance
  • Consolidate reinsurance treaty negotiations and operations at Group level to ensure synergies and increased cost efficiency
  • Serve as thought leader in establishing market trends by presenting industry reports for all entities in the Group
  • Negotiate with stakeholders to optimize reinsurance arrangements and build strategic partnerships
  • New Business Development & Strategy (10% of time)
  • Lead the strategic development and launch of new business lines from concept through to market entry
  • Conduct detailed business case analyses, market feasibility assessments, and ensure alignment with regulatory frameworks for new ventures
  • Design innovative and market-relevant insurance products tailored to the needs of target customer segments
  • Establish appropriate pricing methodologies and actuarial frameworks suited to the unique characteristics of each new business line
  • Manage regulatory approval processes for new licenses and product filings across relevant jurisdictions
  • Develop and implement go-to-market strategies, including distribution channel design and strategic partnerships
  • Create fit-for-purpose risk management frameworks that support simplified processes, scalable operations, and effective fraud detection
  • Define operational and technological infrastructure needs, including data management, systems integration, and reporting capabilities
  • People Leadership (10% of time)
  • Lead performance management, coaching, and mentoring of actuarial staff across all Group entities
  • Handle resource allocation, staffing decisions, and leave approval for the actuarial function Group-wide
  • Plan and manage budgets for the actuarial department across all subsidiaries
  • Develop and maintain actuarial talent pipeline through strategic hiring, training, and succession planning
  • Oversee the management of actuarial software solutions across all subsidiaries
  • Bachelor's degree in business science in Actuarial Science
  • Masters in Econometrics
  • Fellow of the Institute and Faculty of Actuaries (FIA); Chartered Actuary Fellow
  • Continuous Professional Development
  • GRI Certified Sustainability Professional
  • Minimum of 10 years' relevant experience, with at least 7 years at leadership level
  • Proven experience in strategic management and commercial decision-making across multiple business lines, jurisdictions, and emerging markets
  • Deep expertise in financial reporting standards (IFRS 17, IFRS 9, IFRS 4, IAS 19) with application to emerging business lines

Skills and Competencies:

  • New business development expertise including market entry strategies, regulatory navigation, and startup operations
  • Advanced actuarial modelling expertise (Prophet, R, Python, C++, VBA, SQL) with adaptation capabilities for micro insurance
  • Comprehensive knowledge of Life, General, and Micro Insurance actuarial principles and practices
  • Regulatory engagement and compliance management across multiple jurisdictions including micro insurance licensing
  • Capital management and solvency optimization across diverse portfolios and new business ventures
  • Reinsurance strategy development and treaty negotiation capabilities including specialized micro insurance covers
  • Product development and pricing expertise across traditional and micro insurance markets
  • Risk management framework design and implementation across diverse customer segments
  • Asset Liability Management and investment strategy development
  • Market research and feasibility analysis for underserved customer segments
  • Leadership and people management across geographically distributed and cross-functional teams
  • ESG (Environmental, Social, Governance) strategy and sustainability reporting including financial inclusion initiatives

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licenced financial advisors

Nairobi, Nairobi KES180000 - KES450000 Y CIC Insurance Company

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Job Description

Company Description

CIC Insurance Group is a leading Cooperative Insurer in Africa, providing insurance and related financial services in Kenya, Uganda, South Sudan, and Malawi. The Group offers a wide range of products including General Insurance, Life Assurance, Medical Insurance, and Asset Management services. Renowned for its pioneering role and leadership in Micro-insurance, CIC Insurance Group is distinguished by its focus on innovation and excellence in service delivery, earning National and International recognition.

We're Hiring – sales insurance agents

Looking for a sales insurance agent to work in a leading Insurance company

Certificate Level

Good communication skills

Experience in the insurance industry it's an added advantage.

Must have 25 yrs of age and above.

Incentive: KSh 15,000 plus attractive commissions

Send your CV to

Location: Nairobi

Role Description

This is a full-time on-site role for a Licensed Financial Advisor located in Nairobi. The Financial Advisor will be responsible for financial planning, investment management, retirement planning, and providing comprehensive financial advice. Day-to-day tasks include assessing clients' financial needs, developing and implementing personalized financial plans, advising on investment opportunities, and ensuring clients achieve their financial goals.

Qualifications

  • Proficiency in Financial Planning and Finance
  • Expertise in Retirement Planning and Investments
  • Experience in Financial Advisory services
  • Strong analytical and problem-solving skills
  • Excellent communication and interpersonal skills
  • Relevant certifications and licenses required for financial advising
  • Bachelor's degree in Finance, Economics, or related field
  • Experience in the insurance or financial services industry is an advantage
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Insurance Sales Representative

Mombasa, Coast KES600000 - KES1200000 Y CIC Insurance Company

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Job Description

Company Description

CIC Insurance Group is a leading Cooperative Insurer in Africa, providing insurance and related financial services in Kenya, Uganda, South Sudan, and Malawi. The Group offers a wide range of products including General Insurance, Life Assurance, Medical Insurance and Asset Management services. As a pioneer and leader in Micro-insurance, the Group's focus on innovation and excellence in service delivery has earned it both National and International recognition.

Role Description

This is a full-time on-site role for an Insurance Sales Representative located in Mombasa. The Insurance Sales Representative will be responsible for selling insurance policies, providing excellent customer service, and assisting clients in understanding and selecting suitable insurance coverage. Daily tasks include prospecting for new clients, maintaining relationships with existing clients, preparing and presenting sales proposals, and meeting sales targets.

Qualifications

  • Insurance Sales and Sales skills
  • Customer Service skills
  • Strong communication and interpersonal skills
  • Ability to work independently and as part of a team
  • Previous experience in the insurance industry is a plus
  • Bachelor's degree in Business, Finance, or a related field
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Call Centre Nursing Executive

Nairobi, Nairobi KES900000 - KES1200000 Y CIC Insurance Company

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Job Description

PURPOSE:
To provide general customer service in respect to medical business customers.

PRIMARY RESPONSIBILITIES:

  • Receive and respond to Medical Emergency lines and ensure 24-hour coverage of the Call Centre
  • Handle phone calls and visitors, as well as resolve customers' communication through electronic and physical channels
  • Issuance of both in and outpatient approvals for admissible requests for insured members
  • Communication to stakeholders on management of cases and financial liability through reports
  • Provide input for the customer service reports
  • Share daily/weekly and monthly reports as may be required from time to time
  • Participate in cost management initiatives/strategies that have been put in place by the business
  • Handle customer service issues and queries in a timely manner
  • Escalate Customer queries to the relevant job role if necessary
  • Maintain professional ambience within the office premises
  • Promote the organization's customer service charter

Academic and Professional Requirements
Minimum Qualification - Diploma in Clinical Medicine/Nursing (KRCHN)

Experience Required:
Three years of relevant experience in busy health environment

One year experience in a medical call centre management unit

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Investments Operations Officer

Nairobi, Nairobi KES900000 - KES1200000 Y CIC Insurance Company

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Job Description

PURPOSE:
Reporting to the Head of Investment Operations, the role holder will be responsible for managing proper trade settlement with custodian custodians, settlement of corporate actions across portfolios as well as daily reconciliations of unit trust purchase transactions, cash and assets.

PRIMARY RESPONSIBILITIES:

  • Ensuring trades, allocations and settlements are executed accurately on custodian statements
  • Review all daily entries to verify the correctness of the captured data and advise on required actions
  • Update NSE prices and exchange rates in our core Fund management system
  • Identify and follow up on un matched transactions and make follow ups with the custodian and inform fund administrators (retail transactions) as well as the dealers
  • Reconcile daily M-Pesa purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
  • Reconcile daily bank purchases and list the unmatched accounts and notify the Fund Administrators of amounts to be remitted to the suspense accounts and any discrepancies;
  • Prepare and record monthly reconciliation reports of all the unit trust purchases
  • Tracking and processing of Corporate Actions
  • Monthly portfolio holdings reconciliation of funds
  • Portfolio performance computation
  • Agent commission population and reconciliation
  • Preparation of payments of Custody and Trustee fee invoices and keep records for finance payments of VAT withheld
  • Resolve queries/complaints on interest, commission, valuation, tax
  • Assist in process improvements and System tests for new updates
  • Creating products-Creating and onboarding new clients upon successful tenders and RFPs in the fund management system
  • Files the monthly portfolio valuation reports from CICAM and Custody

Generic Duties:

  • Participate in planning and budgeting for the department
  • Participate in various meeting and committees;
  • Support internal and external audits
  • Any other duty as may be given by the line manager

Academic and Professional Requirements

  • Bachelor's degree in business related field
  • CPA, CIFA, CISI

Experience Required:

  • One (1) year of relevant experience

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Senior Software Engineer

Nairobi, Nairobi KES1200000 - KES3600000 Y CIC Insurance Company

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Job Description

PURPOSE:
Reporting to the Software Engineering Manager, the position holder will design, develop, and deploy full-stack applications, including frontend web interfaces and backend microservices. They will collaborate with cross functional teams to deliver robust software solutions while adhering to the best system architecture, cloud deployment, and process automation practices. The successful candidate will thrive in a fast-paced environment, staying current with the latest trends in full-stack development, cloud technologies, and agile delivery while fostering innovation and efficiency within the team.

PRIMARY RESPONSIBILITIES:

  • Architect, design, and develop scalable and maintainable full-stack solutions
  • Implement responsive user interfaces using modern front-end frameworks like React, Angular, or
  • Build robust back-end APIs and services using , Python, Java, or. NET
  • Collaborate with cross-functional teams to define and implement solutions, including designers, product managers, and other developers
  • Provide mentorship to junior engineers and lead code reviews to ensure code quality and best practices
  • Contribute to technical decision-making and the design of new features and products
  • Debug, troubleshoot, and resolve complex technical issues across the stack
  • Refactor code to improve reliability, security, and maintainability
  • Ensure the implementation of secure coding practices to protect applications from vulnerabilities
  • Stay up-to-date with emerging technologies and frameworks, proposing innovative solutions to improve development processes
  • Experiment with new tools and techniques to continuously improve the user experience and developer productivity
  • Create and maintain detailed technical documentation for software systems, including APIs and architectural designs
  • Ensure knowledge sharing within the team and contribute to the company's technical repository

Education Level
Masters/bachelor's degree in a Computer Science, Engineering, or a related field.

Relevant Experience, Skills and Competencies Required:
Minimum of Seven (4+) years' relevant experience.

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Senior Conduct Risk Officer

KES900000 - KES1200000 Y Marley Risk Consultants Limited

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Job Description

  • Application Deadline: Oct. 24, 2025
  • Hybrid

Job Description
AmTrust is a global insurance provider offering risk-management solutions and business underwriting. Today AmTrust International underwrites over $2.5bn of gross written premiums and employs more than 1900 people in 14 countries.

We are now looking for a Senior Conduct Risk officer to join our team based in either London or Nottingham.

In this key role you will focus on driving the development and approach to internal control of regulatory and conduct risk by acting as an embedded independent challenger, advisor and partner to support the underwriting team on conduct risk and regulatory compliance.

Essential Role Functions Include But Are Not Limited To

  • Supporting the implementation and embedding of the Conduct Risk Framework
  • Advising and supporting the business functions on, oversight of risk controls and performance metrics, applicable regulatory conduct requirements & supporting business activities through compliance advice & expertise
  • Reviewing Policy documentation, training materials, websites, or other material for conduct risk
  • Ensure Consumer Duty principles are met across the business.
  • Support the on-going operations of a Delegated Authority and Product Governance control framework.

Successful candidates must have a good working knowledge of conduct risk as well as knowledge of consumer duty, either via direct experience or experience within complaints or compliance and a background within the Insurance sector is essential.

We are looking for candidates with a strong work ethic, excellent attention to detail skills, be able to demonstrate good report writing skills, as well as knowledge of MS office, PowerPoint, Word and Excel. Successful applicants must be comfortable working to both scheduled and last-minute deadlines, be able to work autonomously, have confidence in your ability, thrive working in a collaborative business, and possess excellent written and verbal communication skills.

For more information, click

To show your interest, submit your CV and we will be in touch.

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Senior Risk Manager - Credit Risk

01002 Makongeni KES650000 Annually WhatJobs

Posted 20 days ago

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Job Description

contractor
Our client, a leading financial institution, is seeking a seasoned Senior Risk Manager with expertise in Credit Risk to join their dynamic team. This role is critical in identifying, assessing, and mitigating credit-related risks across the organization's lending portfolios. You will be responsible for developing and implementing robust risk management frameworks, policies, and procedures to ensure sound credit practices and regulatory compliance. This position offers a hybrid work arrangement, blending remote flexibility with essential in-office collaboration.

The ideal candidate will possess a comprehensive understanding of credit risk principles, financial markets, and regulatory requirements. You will lead initiatives related to credit portfolio analysis, stress testing, and the development of credit scoring models. Your responsibilities will include monitoring risk exposures, providing insights to senior management, and contributing to strategic decision-making. Excellent analytical, problem-solving, and communication skills are essential for effectively managing complex risk scenarios and collaborating with various business units.

Key responsibilities include:
  • Developing and implementing credit risk policies and procedures.
  • Analyzing credit portfolios to identify, assess, and quantify credit risks.
  • Conducting stress testing and scenario analysis to evaluate portfolio resilience.
  • Developing and validating credit scoring and rating models.
  • Monitoring key risk indicators (KRIs) and reporting on credit risk exposures to senior management.
  • Ensuring compliance with relevant banking regulations and internal policies.
  • Collaborating with business units to promote a strong risk culture.
  • Advising on risk appetite and tolerance levels for credit products.

Qualifications:
  • Master's degree in Finance, Economics, Statistics, or a related quantitative field.
  • Minimum of 7 years of progressive experience in credit risk management within the banking or financial services industry.
  • Deep understanding of credit risk modeling, portfolio management, and regulatory frameworks (e.g., Basel Accords).
  • Proficiency in statistical software and data analysis tools (e.g., SAS, R, Python).
  • Strong analytical, quantitative, and problem-solving skills.
  • Excellent communication, presentation, and interpersonal skills.
  • Ability to manage multiple projects and work effectively in a hybrid team environment.
  • Professional certifications such as FRM or PRM are highly desirable.

This hybrid role offers the opportunity to manage significant credit risk exposures for our client, with a base of operations in or near Thika, Kiambu, KE . Join a dedicated risk management team and contribute to the financial stability of the organization.
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Risk Manager

50100 Kakamega, Western KES200000 Annually WhatJobs

Posted 24 days ago

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Job Description

full-time
Our client, a prominent financial institution specializing in insurance services, is actively seeking a highly skilled and analytical Risk Manager to lead its enterprise-wide risk management functions. This fully remote position requires a strategic thinker with a deep understanding of risk assessment, mitigation strategies, and regulatory frameworks within the insurance industry. The ideal candidate will be adept at identifying, evaluating, and managing a broad range of risks, including financial, operational, and strategic risks. You will be responsible for developing and implementing robust risk management policies and procedures, conducting regular risk assessments, and ensuring compliance with all relevant insurance regulations. This role provides the flexibility to work from anywhere in Kenya, with a conceptual operational base in Kakamega, Kakamega, KE .

Key Responsibilities:
  • Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
  • Identify, assess, and prioritize potential risks across all business units and operations.
  • Design and implement effective risk mitigation strategies and control measures.
  • Conduct regular risk assessments and stress testing to evaluate the company's resilience.
  • Monitor key risk indicators (KRIs) and report on risk exposures to senior management and the board.
  • Ensure compliance with regulatory requirements and industry best practices related to risk management.
  • Develop and deliver training programs to promote a strong risk-aware culture throughout the organization.
  • Collaborate with internal audit, compliance, and other departments to integrate risk management processes.
  • Investigate and analyze risk incidents, recommending and implementing corrective actions.
  • Stay abreast of emerging risks and industry trends, proactively adjusting risk strategies as needed.
  • Manage relationships with external risk management consultants and service providers.

Qualifications:
  • Bachelor's degree in Finance, Economics, Statistics, Risk Management, or a related quantitative field. A Master's degree or professional certification (e.g., CRM, PRM, FRM) is highly preferred.
  • Minimum of 7-10 years of progressive experience in risk management, preferably within the insurance or financial services sector.
  • In-depth knowledge of risk assessment methodologies, financial modeling, and statistical analysis.
  • Strong understanding of insurance products, operations, and regulatory landscape.
  • Proven ability to develop and implement comprehensive ERM frameworks.
  • Excellent analytical, problem-solving, and decision-making skills.
  • Strong communication, presentation, and stakeholder management abilities.
  • Experience with risk management software and tools.
  • Ability to work independently, manage priorities, and deliver results in a remote setting.
  • Demonstrated leadership capabilities and a commitment to ethical conduct.
This is an excellent opportunity for an experienced risk professional to contribute significantly to our client's stability and growth, working remotely with an operational connection to Kakamega, Kakamega, KE .
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Credit Control

KES40000 - KES60000 Y Marley Risk Consultants Limited

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Job Description

  • Hybrid

Job Description
We're AmTrust International, an insurance business headquartered in London, employing more than 1900 people in 13 countries. As part of a global group, we work creatively to develop bespoke insurance solutions for leading financial institutions, retailers and manufacturers both internationally and globally.

We are now looking for a credit control team leader to join our team on a permanent basis.

In this role will be responsible for the day to day running of the Specialty Credit Control Team across Ireland and UK. Including management of all cash receipts and cash payables on a monthly basis and supporting the credit control manager.

Essential Job Functions Include

  • Engage with the IPP project team and assist with the implementation of new Credit Control system
  • Manage the reporting of aged debt across AmTrust Specialty.
  • Ensure adequate and appropriate resources (processes and people) are in place to manage the Credit Control Function across the Specialty business.
  • To assess and communicate department priorities via regular team meetings

To be successful in this role you will have proven experience in successfully leading a team, supporting them in all areas to improve output as well as challenge and motivate to succeed. Knowledge of credit control processes is key, having previously worked within the financial services or insurance sector would be beneficial but not a necessity.

This role will suit you if you possess strong leadership capabilities, a collaborative focused work ethic and strong verbal and written communication skills and if you have a desire to work in a fast paced environment for a truly global organisation.

For more information click

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