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General Manager – Reinsurance Operations

Kenya Reinsurance Corporation

full time Nairobi Posted 1 day ago

Academic Qualifications**

  • Bachelor’s degree in actuarial science, Statistics, Mathematics, Insurance, Commerce (Insurance/ Finance/Accounting/Marketing), Business Administration, Strategic Management, or equivalent from a recognized institution.

  • Master’s degree in actuarial science, Commerce, Business Administration (MBA), Strategic Management, or equivalent from a recognized institution.

Professional Qualifications****

  • Associate of the Chartered Insurance Institute (ACII) or Fellowship (FCII) – London or Kenya.

  • Full membership of the Insurance Institute of Kenya (IIK) or equivalent professional body, in good standing.

  • A senior leadership or management course lasting not less than four (4) weeks from a recognized institution.

  • Proficiency in computer applications.

  • Must satisfy the requirements of Chapter Six of the Constitution of Kenya 2010.

Experience**

  • At least fifteen (15) years of relevant experience in insurance/reinsurance, with a minimum of ten (10) years in senior management roles.

  • Demonstrated experience managing Life reinsurance, international treaty/facultative business, and business development functions.

  • Proven track record of engaging with Boards of Directors and leading high-performing teams.

Strategic Portfolio Oversight

  • The role has overall responsibility for Life Reinsurance, Local Market Operations, International

  • Treaty, International Facultative, Marketing & Business Development, and Retrocession placements.

Business Growth, Marketing and Market Development

  • Lead marketing and business development strategies to grow market share across local, international treaty, and international facultative business.

  • Identify new opportunities and develop innovative reinsurance products and solutions.

  • Oversee the preparation and delivery of competitive quotations, pricing, rating terms, and underwriting conditions.

Stakeholder Engagement and Relationship Management

  • Build and maintain strong relationships with cedants, brokers, retrocessionaires, and regulators in local and international markets.

  • Provide strategic reports, business intelligence, and technical advisory to the Board and Senior Management.

  • Ensure high client satisfaction, retention, and fulfilment of Kenya Re’s statutory mandate.

Underwriting, Technical and Financial Performance

  • Provide executive leadership in underwriting and portfolio management across all business lines.

  • Lead the strategic retrocession placements and negotiations to secure optimal risk transfer, capacity, and favorable terms from global retrocessionaires.

  • Draft, review, and negotiate treaty and facultative agreements in line with Kenya Re’s policies and regulatory requirements.

  • Ensure timely collection of premiums, commissions, and receivables.

  • Oversee management of mandatory cessions and run-off accounts.

Claims Management

  • Oversee end-to-end claims handling for Group Life and Individual Life reinsurance business,

  • including death, disability, and other treaty-related claims.

  • Review outstanding loss reserves, IBNR provisions, and claims adequacy.

  • Ensure prompt, fair, and compliant claims settlements.

Data, Analytics and Reporting

  • Coordinate regulatory data submissions to the Insurance Regulatory Authority (IRA).

  • Analyse actuarial and market statistics to support valuation, reserving, and strategic planning.

  • Monitor performance across all portfolios.

Governance, Risk and Compliance

  • Champion strong governance, internal controls, risk management, and full statutory compliance.

  • Prepare and monitor divisional budgets, work plans, and performance contracts.

People Leadership and Organizational Effectiveness

  • Lead, mentor, and develop a high-performing team within the Reinsurance Operations Division.

  • Promote a culture of professionalism, innovation, accountability, and service excellence.

  • Perform any other duties assigned by the Group Managing Director