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Kenya Reinsurance Corporation Limited (Kenya Re) Jobs and Careers

1.      Credit Controller
2.      Mortgage Accountant
3.      Reinsurance Accountant
4.      Assistant Systems / Database Administrator
5.      Risk and Compliance Officer
Our client Kenya Reinsurance Corporation Limited (Kenya Re), is a highly-rated world class reinsurer and market leader in Africa, providing quality reinsurance and insurance services across the Continent, in the Middle East and Asia. They seek to fill the following key positions.
Candidates for these positions should be team players with good interpersonal, communication and management skills. They should be computer literate, with familiarity of standard office computer applications, in-depth understanding of International Financial Reporting Standards and ability to work under pressure and meet deadlines

Credit Controller
Ref No: 246/CA/TS
Duties & Responsibilities
  • The selected candidate will supervise and coordinate the Corporation’s credit control functions, including debtors’ control and retrocession creditors’ control reconciliations as well as recommending and implementing an efficient credit control system for the Corporation.
  • He/she will follow up all debts owing and all outstanding claim recoveries in accordance with the company’s credit policy and procedures.
  • In addition, duties will include efficient management of cash/cheque/EFT system, handling of quarterly technical statements, dealing with reconciliation and maintenance of accounts and preparing debt collection reports.
Qualifications & Experience
  • Holders of Bachelor’s degree in accounting with CPA(K) and over 5 years relevant experience in Financial Accounting and credit management, one of which must have been in a supervisor position should apply.
  • Experience in insurance / reinsurance industry and use of SUN System will be an added advantage.
Mortgage Accountant
Ref No: 213/JQ/TS
Duties & Responsibilities
  • The Mortgage Accountant will prepare and report on the mortgage accounts and investments of surplus funds in addition to maintaining an optimal investment portfolio that will ensure correct and up to date investment records.
  • Key responsibilities will include accurate processing of all mortgage payments and receipts, preparing daily, weekly and annual cash forecast and mortgage cash flow for the mortgage accounts.
  • In addition, he/she will prepare weekly mortgage and investment schedules, fixed deposit placements with banks and application forms for Treasury Bills, Treasury Bonds and fixed deposits.
Qualifications & Experience
  • Applicants should be university graduates with a Bachelor’s degree in finance, accounting or a business related field – fully qualified CPA(K) with over 3 years relevant experience in finance and accounting.
  • Experience in insurance / reinsurance industry and use of SUN System will be an added advantage.
Reinsurance Accountant
Ref No: 215/BU/TS
Duties & Responsibilities
  • The selected candidate will provide finance and accounting support to the reinsurance business and main responsibilities will include processing all Life business and General business payments and receipts within the information system, undertaking reconciliation of company/broker claims and handling related payments, preparing monthly bank reconciliations on investments and assisting in the preparation of periodic financial statements.
Qualifications & Experience
  • Applicants should be holders of a Bachelor’s degree in accounting and should in addition be professionally qualified CPA (K) with over 3 years relevant experience in finance and accounting.
  • Experience in insurance / reinsurance industry and use of SUN System will be an added advantage.
Assistant Systems / Database Administrator
Ref No: 713/DA/TS
Duties & Responsibilities
  • The selected candidate will ensure availability, continuity, security and optimum performance of all functional systems as well as database systems together with their applications.
  • Duties will include planning and implementing database installations, upgrading procedures and resolving technical problems on operating system, database and applications.
  • In addition, he/ she will ensure that software standards and software development tools are maintained, deploy database changes as submitted by the development teams and carry out database backup and recovery procedures.
Qualifications & Experience
  • Candidates should be university graduates with a B Sc degree in Computer Science /Studies or B Sc. in Information Technology.
  • In addition, they should have such professional qualifications as an ICT diploma and certifications in Oracle /SQL database administration certification, Certifications in Systems and Network Administration in Microsoft Certified Systems Engineer (MCSE); Microsoft Certified System Administrator (MCSA), Certified Information Security Manager (CISM) Certification.
  • Candidates should have at least 5 years relevant experience in IT.
Risk and Compliance Officer
Ref No: 231/AV/TS
Duties & Responsibilities
  • Reporting to the Managing Director and working closely with the Board Audit & Risk Committee and senior management, the selected candidate will be responsible for the identification and management of risk and compliance programs with emphasis on laws, regulations and internal policies and procedures.
  • He/she will align company risk appetite and strategy to mitigate risk management standards, enhance the company’s capability to identify potential risks and establish responses in order to reduce surprises and associated costs or losses.
  • A key result area is to provide robust risk information on deployment of capital and to develop, initiate, maintain and revise policies and procedures for the general operation of the Risk and Compliance Program, including the Code of Conduct and the ISO 9001:2008 Standard.
Qualifications & Experience
  • We invite applications from persons with a Bachelor’s degree in Finance, law or business related field and a postgraduate Master’s degree will be an added advantage.
  • They should possess CPA (K) or ACCA with membership of recognized professional associations.
  • Certification in risk management or information systems auditing will be an added advantage.
  • Candidates should have a minimum 5 years experience in audit or risk management in a reputable financial service organization with demonstrated leadership and familiarity with operational, financial, quality assurance and human resource procedures and regulations is a must.
  • The person must demonstrate good working knowledge and skills in Risk assessments, facilitation, policies and procedures development and adoption and implementation of best practice frameworks.
Kenya Reinsurance Corporation Limited is an equal opportunity employer and does not discriminate on grounds of gender, color, race, religion, natural origin, age or physical disability where such disability does not impact upon the employees’ ability to discharge his/her duties. Competitive remuneration packages will be offered to the selected candidates coupled with long-term career rewards.
Closing date for applications: 3rd September, 2010
Send your application letter and CV- do not attach certificates/testimonials – and state how your experience matches the specification,quoting job Ref. No, to

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