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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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