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Employment Practices

It has been and will continue to be the policy of CfC Life Assurance Ltd to be an equal opportunity employer. All company employment decisions are made by utilising objective standards. Our employees deal with the company's customers and fellow employees without discrimination based on sex, religious, tribal, ethnic or racial considerations.

Current Openings


Reporting to:  Managing Director

MAIN PURPOSE OF THE JOB
To develop, maintain and implement an accurate, efficient, timely and effective financial, administrative and risk management function in order to represent and position the business to relevant financial partners, investors, auditors, regulators and other stakeholders.

KEY RESPONSIBILITIES

  • To develop, enhance, implement and maintain an accurate, efficient, timely and effective financial reporting system to ensure compliance with group and legislative reporting requirements and deadlines
  • To co-ordinate, compile and manage the audit process in order to produce the annual financial statements according to the international reporting standards within the specified group deadlines
  • To co-coordinate, compile, distribute and manage the board, audit and related sub-committee packs to ensure the relevant stakeholders are updated on issues, changes and trends in the operating model and operational delivery of the business which impact the risk exposure and strategic objectives of the business.
  • To enhance, implement and maintain financial control processes throughout the business to identify and mitigate key business risks and ensure timely and complete execution of fiduciary duties
  • Managing the budgeting and planning process including forecasting
  • Capital management, maximizing profit and return on capital
  • To lead, coach and mentor staff across all business pillars to improve organisational capacity and improve business sustainability.
  • To review, assess and manage the implementation of effective business processes in a proactive manner within agreed timelines across all business units in order to support the company management in the identification and mitigation of significant business and compliance risks.
  • To establish and maintain effective internal and external relationships with key stakeholders in order to gain buy-in as to the credibility and sustainability of the business
  • To ensure the provision of adequate administration and support services to all functions and also to implement sound procurement practises that give best value for money.

REQUIREMENTS
Education

  • MBA and B.Com degree specialising in Accounting, Economics or Finance
  • CPA-K, ACCA Professional qualification.

Experience

  • Minimum 8 years experience as a senior financial accountant of which at least 3 years’ must be in a management capacity.

Job related Knowledge

  • Knowledge of regulatory requirements
  • Credit management knowledge
  • Capital markets
  • Scenario planning knowledge
  • Process understanding
  • Risk awareness
  • Insurance process knowledge
  • Economic understanding
  • Business management knowledge
  • SAP Accounting System

Technical Competence

  • Credit Risk Management skills
  • Conflict Resolution
  • Business Modelling Skills
  • Costing and Budgeting
  • Creative and Innovative thinking
  • Decision Making and Problem Solving

If you meet the above requirements please send a detailed and updated CV, Copies of relevant certificates, details and contacts of three professional references to This email address is being protected from spambots. You need JavaScript enabled to view it.

OR
Send a hard copy to reach the undersigned by 23 July 2014. Please remember to include the Job Title in the subject matter.

The Human Resource Department
P.O. Box 30364 – 00100 Nairobi

 Click here to download a copy of the job advertisement


Reporting to Deputy Manager – Group Life

MAIN PURPOSE OF THE JOB
To implement departmental objectives to enable the Group Life Schemes team achieve growth objectives, while ensuring high standards of risk underwriting, administration and high service levels to clients.

KEY RESPONSIBILITIES

  • To implement Group Life Schemes processes and procedures that deliver value to all stakeholders, while complying with relevant rules, regulations, and requirements.
  • To ensure a culture of effective and efficient service delivery to customers within Group Life team to enable customer retention and satisfaction.
  • To keep up to date with changes in industry, relevant guidelines including market intelligence; communicate to management while creating relevant awareness to the group life team.
  • To provide technical support to Group Life Schemes distribution channels to enhance business acquisitions to meet organizational growth objectives.
  • To effectively supervise and support the direct reports within the Group Life Schemes Team by providing coaching, mentoring, training to ensure that staff are adequately skilled and competent to perform their duties.
  • To implement internal audit findings and recommendations to ensure compliance with relevant rules and regulations.
  • To ensure clients data and records are securely and confidentially maintained for ease of accessibility and future reference as need be.
  • To prepare periodic reports (management, compliance) for decision making
  • To implement the credit control policy within Group Life Schemes to ensure revenue collection.

REQUIREMENTS
Education

  • Bachelors degree in a Business related field
  • Advanced progress in ACII/ FCII, AIIK/FIIK/ FLMI
  • Experience
  • Minimum 3 years in a Life Business (1 year in Group Life Business)
  • Job Knowledge
  • Knowledge of broker distribution channels
  • Knowledge of Insurance/Investment products
  • Knowledge of Insurance Act and other legislation relevant to insurance
  • Knowledge of Group Life systems
  • Group life Process understanding
  • Risk Awareness (Intermediate:Reputational, Operational, Fraud, Financial)
  • Basic Accounting and Financial Administration Principles
  • Basic understanding of the practise of long term insurance
  • Knowledge of medical and financial underwriting

Technical Skills

  • Data Analysis and Data integrity
  • Service Delivery
  • Administration skills
  • Quality control
  • Business knowledge
  • Customer Relationship Management

If you meet the above requirements please send a detailed and updated CV, Copies of relevant certificates, details and contacts of three professional references to This email address is being protected from spambots. You need JavaScript enabled to view it.
OR
Send a hard copy to reach the undersigned by 17 June 2014. Please remember to include the Job Title in the subject matter.

The Human Resource Department
P.O. Box 30364 – 00100 Nairobi

Click here to download a copy of the job advertisement


Reporting to Head of Internal Audit

MAIN PURPOSE OF THE JOB
To support the group internal audit in providing independent and objective assurance and consulting services within the organisation in the execution of an annual risk based internal audit plan within East Africa.

KEY RESPONSIBILITIES

  • To support the execution of an annual risk based audit plan that appropriately considers the relevant and evolving business risks facing the BU’s.
  • To support the development and establishment of audit programmes and procedures for the execution of internal audit engagements, in compliance with the international professional standards.
  • To develop and support the presentation of quality audit reports that provide management and the Board with independent assurance that risks, controls and governance are appropriately addressed.
  • To interact with and coordinate the activities of other assurance providers in line with the combined assurance model.
  • To provide recommendations to management through independent evaluation and appraisal of risk management, control and governance.
  • To manage stakeholder relationships to fulfil GIAS's core objective of providing timely and relevant views on the control environment as well as becoming a respected and valued business advisor to management.
  • To support forensics investigation when required
  • To attend meetings with the BU Executive Management representing the Senior Audit Manager.
  • To track and report on progress of resolution of audit findings
  • To support management in a consulting capacity to develop internal controls and procedures when requested

REQUIREMENTS
Education, including specialised training

  • At least a bachelors degree in Accounting/engineering/Finance/Commerce
  • Relevant professional qualification or equivalent (CA,CPA,ACCA,CIA)

Experience and Job Knowledge

  • 5+ years of progressive auditing experience, of which at least 1 year in a leadership/senior capacity
  • Experience in both internal and external audit. Specific experience gained in the financial services industry
  • Exposure to general business processes will also be an advantage
  • IFRS, internal controls, and IIA (Institute of Internal Audit) standards.
  • SBU policies, systems, and processes
  • Code of Ethics and other related guidelines developed by the Institute of Internal Auditors
  • Risk awareness & Identification
  • Relevant legislative and regulatory framework

Competency profile

  • Adhering to Principles and Values - Acting with Integrity
  • Analysing - Problem Solving
  • Persuading and Influencing
  • Working as a Team
  • Planning and Organising
  • Delivering Results and Meeting Customer Needs
  • Resilience


If you meet the above requirements please send a detailed and updated CV, Copies of relevant certificates, details and contacts of three professional references to This email address is being protected from spambots. You need JavaScript enabled to view it.

OR

send a hard copy to reach the undersigned by 17 June 2014. Please remember to include the Job Title in the subject matter.


The Human Resource Department
P.O. Box 30364 – 00100 Nairobi

Click here to download a copy of the job advertisement

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