Kenya Reinsurance Corporation Limited Manager - Retakaful Jobs
Kenya Reinsurance Corporation Limited Manager - Retakaful Jobs; The Manager, Retakaful, is responsible for providing strategic leadership and operational oversight of the Corporation’s Retakaful business.
The role ensures the development, growth, and profitability of the Retakaful Window while maintaining strict adherence to Sharia principles across all operations, including underwriting, claims, investments, product development, and governance.
The position also serves as Secretariat to the Sharia Supervisory Board.
Key Responsibilities
Strategic Leadership & Business Growth
Develop and implement the Retakaful business strategy in alignment with Kenya Re’s corporate objectives and growth targets
Manage, monitor, and grow the Retakaful portfolio to achieve profitability and diversification
Promote and market Retakaful products locally, regionally, and internationally
Build and maintain strong relationships with regional and international Takaful and Retakaful operators
Underwriting & Risk Management
Oversee underwriting of Retakaful treaties and facultative business
Evaluate and approve risks in line with Sharia principles and underwriting guidelines
Manage Retakaful claims processing, ensuring fairness, efficiency, timeliness, and Sharia compliance
Sharia Compliance & Governance
Ensure full adherence to Sharia Law and principles in all operations, investments, and product offerings
Serve as Secretary to the Sharia Supervisory Board (agendas, reports, minutes, resolutions)
Coordinate Sharia audits, implement recommendations, and ensure corrective actions
Review and update Retakaful operational processes, manuals, and guidelines
Reporting & Stakeholder Management
Prepare and present timely Retakaful performance and financial reports
Provide strategic advice and technical guidance to Senior Management and the Sharia Supervisory Board
Perform other duties as assigned
Requirements / Person Specifications
Academic Qualifications
Master’s Degree in Actuarial Science,
Mathematics, Statistics, Commerce, Business Administration (MBA), Finance, Strategic Management, Insurance, or equivalent
Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Commerce (Insurance Option), Business Administration (Finance, Accounting, Marketing or Insurance Option), Business Management (Finance or Accounting Option), Strategic Management, or equivalent
Professional Qualifications
Associate in Insurance (ACII – London), Diploma in Insurance – Kenya, AIIK or equivalent
Membership in the Insurance Institute of Kenya (IIK) or equivalent professional body in good standing
Management course lasting not less than 4 weeks from a recognized institution
Proficiency in computer applications
Fulfil requirements of Chapter Six of the Constitution
Experience
At least 10 years’ relevant work experience, 3 years at Assistant Manager level
Demonstrable team management experience and interaction with Board of Directors
Other Requirements
Excellent interpersonal and communication skills (written and oral)
Strong planning, organising, problem-solving, and decision-making abilities
Excellent analytical and presentation skills
Strong team player with ability to collaborate effectively
Knowledge of auditing concepts and principles
How to Apply
For more information and job application details, see; Kenya Reinsurance Corporation Limited Manager - Retakaful Jobs
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