Jubilee Holdings Ltd owns the Jubilee Insurance companies in Kenya, Uganda, Tanzania, Burundi and
Mauritius. Jubilee is the number one insurer in East Africa. It is a respected East African brand with a strong
financial base and 75 years of experience in the industry.
Jubilee operates through a network of offices in the capital cities of Nairobi, Kampala, Dar es Salaam,
Bujumbura and Port Louis, with plans to expand further within Africa.
In line with the Company’s expansion program and keen risk management focus, we wish to invite
applications for the following positions based in Nairobi, Kenya.
RISK MANAGER
Overall Responsibility and Reporting:
The position will be reporting to the Group Chief Executive Officer of Jubilee Holdings Limited.
Key responsibilities:
• Develop and maintain a risk management strategy for the Group.
• Develop and implement systems, policies and procedures for identification, collection and analysis
of risk related information.
• Evaluate adequacy and effectiveness of controls and methodology established by management to
ensure that identified risks are appropriately mitigated at both departmental and process level.
• Participate in the formulation and review of risk management and control activities for products to
ensure they meet the set objectives and are worthwhile investments with a quantifiable return.
• Understand the insurance risk management systems and controls of the insurance subsidiaries and
put in place controls to monitor the full implementation of these systems with a focus on risk
aggregation.
• Develop a model for assessing risk and templates to be used by technical staff to assess the level
of risk.
• Review new and on-going products to ensure that they are carried out only after a comprehensive
risk assessment is done.
• Prepare reports for the Board Audit and Compliance Committee and Technical Committee in
respect of insurance risk.
Minimum Requirements:
• A Graduate with Masters business degree from a recognized university.
• Professional qualification for accounting and insurance - CPA (K) / ACCA and/or ACII would be
desirable. Actuarial professional papers would be an advantage.
• At least 5 to 10 years experience in assurance and risk management at senior management level
with a reputable organization - insurance industry experience is mandatory.
• Good understanding of key drivers that influence and determine business decisions.
• Self motivated with ability to meet tight deadlines.
• A team player with excellent communication and interpersonal skills and a positive attitude
towards work.
• Good understanding of techniques to manage and mitigate business risks.
• Willing to challenge the status quo.
Interested candidates should forward their detailed resume to the undersigned stating their age,
qualifications, experience, remuneration package expectations, e-mail address, daytime telephone contact
and names and addresses of three referees by 9th September 2011.
The Human Resources Manager,
The Jubilee Insurance Company of Kenya Limited,
P.O. Box 30376-00100 GPO,
Nairobi, Kenya
Applications may also be sent by email to recruitment@jubileekenya.com