Executive Positions, Jobs in Kenya, Strategic Management Jobs,
Director Insurance Products
What You’ll Be Driving:
Product Strategy & Development:
- Develop and execute the overall insurance product strategy in alignment with the company’s goals.
- Identify market opportunities and create innovative insurance products to meet customer needs.
- Collaborate with cross-functional teams to ensure successful product development and launch.
- Continuously evaluate product performance and make data-driven recommendations for improvement.
Regulatory Compliance:
- Ensure all insurance products comply with regulatory requirements and industry standards.
- Stay abreast of changes in regulations and adjust product offerings accordingly.
- Liaise with regulatory bodies to ensure compliance and maintain strong relationships.
Market Analysis & Competitive Positioning:
- Conduct market research to identify industry trends, customer preferences, and competitive landscape.
- Develop pricing strategies that balance profitability and market competitiveness.
- Work closely with the sales and marketing teams to position products effectively.
Stakeholder Management:
- Collaborate with internal teams, external partners, and key stakeholders to align product objectives with business goals.
- Provide insights and recommendations to senior management based on market analysis and product performance.
Operational Efficiency:
- Oversee the entire product lifecycle, ensuring operational excellence and efficient processes.
- Develop and implement policies, guidelines, and frameworks to streamline product management.
- Utilize data analytics to monitor key performance indicators and drive product enhancements.
Team Leadership:
- Lead and mentor the insurance product team to foster innovation and continuous improvement.
- Encourage collaboration, knowledge sharing, and professional development within the team.
Who You Are:
- Bachelor’s degree in Business, Insurance, Finance, or a related field; a Master’s degree is an advantage.
- Professional certifications in insurance (e.g., ACII, CPCU) are highly desirable.
- Minimum of 10+ years of experience in insurance product development, with at least 5 years in a leadership role.
- Strong understanding of insurance market dynamics, regulatory requirements, and risk management principles.
- Proven track record of developing and launching successful insurance products.
- Excellent analytical, strategic thinking, and problem-solving skills.
- Strong leadership and communication abilities, with experience working cross-functionally.
Director of Risk and Compliance
What You’ll Be Driving:
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Strategic Risk Management:
- Develop and implement an enterprise risk management framework that aligns with organizational goals.
- Identify, assess, and mitigate financial, operational, regulatory, and reputational risks.
- Provide strategic risk insights and recommendations to the executive team and board of directors.
- Continuously monitor emerging risks and industry trends to adjust risk strategies proactively.
Regulatory Compliance:
- Ensure the organization’s compliance with all relevant local and international regulations and industry standards.
- Develop, implement, and oversee compliance policies, procedures, and control mechanisms.
- Liaise with regulatory bodies, ensuring timely and accurate reporting and audits.
- Conduct compliance training programs to enhance organizational awareness and adherence.
Governance and Reporting:
- Establish and maintain governance frameworks to support business objectives and regulatory compliance.
- Prepare and present risk and compliance reports to the board and senior management.
- Develop key risk indicators (KRIs) and compliance metrics to track and report on organizational performance.
- Drive improvements in internal controls and risk reporting processes.
Operational Risk Management:
- Implement operational risk management frameworks to enhance business resilience.
- Conduct risk assessments and scenario planning to anticipate potential challenges.
- Collaborate with internal departments to embed risk mitigation strategies into day-to-day operations.
Financial Crime Prevention:
- Oversee Anti-Money Laundering (AML), fraud prevention, and anti-bribery initiatives.
- Ensure compliance with Know Your Customer (KYC) and Customer Due Diligence (CDD) requirements.
- Work closely with audit and legal teams to strengthen the financial crime compliance framework.
Stakeholder Engagement:
- Act as a key liaison with regulatory authorities, auditors, and other external stakeholders.
- Provide risk and compliance advisory to business units, ensuring alignment with organizational objectives.
- Foster relationships with industry peers to stay updated on best practices and regulatory changes.
Leadership and Team Development:
- Lead, mentor, and develop a high-performing risk and compliance team.
- Foster a risk-aware culture by providing training and support across the organization.
- Encourage collaboration and knowledge sharing within the risk and compliance functions.
Who You Are:
- Bachelor’s degree in Finance, Risk Management, Law, Business Administration, or a related field; a Master’s degree is an advantage.
- Relevant professional certifications such as Certified Risk Manager (CRM), Certified Compliance Professional (CCP), Certified Information Systems Auditor (CISA), or equivalent.
- Minimum of 10+ years of experience in risk management, compliance, or governance, with at least 5 years in a senior leadership role within financial services, banking, or regulated industries.
- Comprehensive knowledge of regulatory frameworks such as Basel II/III, IFRS, AML regulations, and corporate governance standards.
- Strong leadership, analytical, and problem-solving abilities.
- Excellent communication and interpersonal skills with the ability to influence stakeholders at all levels.
Director of Actuarial Services
What You’ll Be Driving:
- Strategic Leadership:
- Develop and execute actuarial strategies aligned with the organization’s business objectives.
- Provide expert insights to senior management on risk, pricing, and profitability.
- Lead actuarial input in strategic planning, mergers & acquisitions, and business expansion initiatives.
- Actuarial Modeling & Analysis:
- Oversee the development and enhancement of actuarial models for pricing, reserving, and risk management.
- Monitor financial risks, loss ratios, and market trends to inform business strategies.
- Conduct scenario testing, sensitivity analysis, and capital modeling.
- Risk Management & Compliance:
- Ensure adherence to industry regulations and standards (e.g., IFRS, Solvency II, local regulatory requirements).
- Collaborate with regulatory bodies and auditors to ensure compliance and reporting accuracy.
- Establish sound actuarial controls and governance frameworks.
- Product Development & Pricing:
- Lead the design and pricing of insurance products to optimize profitability and competitiveness.
- Collaborate with product, underwriting, and marketing teams to drive innovation and market penetration.
- Provide actuarial insights into product performance and customer value propositions.
- Financial Reporting & Valuation:
- Oversee the preparation of actuarial reports and financial statements.
- Drive accurate valuation of liabilities and ensure effective management of reserves.
- Support financial planning, budgeting, and forecasting processes.
- Team Leadership & Development:
- Manage and mentor a team of actuarial professionals, fostering a culture of excellence and continuous learning.
- Develop talent pipelines and provide guidance on professional actuarial qualifications.
- Collaborate cross-functionally to enhance overall business acumen within the organization.
Who You Are:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field; a Master’s degree is an advantage.
- Fellowship or Associate membership of a recognized actuarial body (e.g., FIA, FSA, ASA).
- Minimum of 10+ years of actuarial experience, with at least 5 years in a leadership role within insurance, reinsurance, or financial services.
- Strong expertise in actuarial modelling tools and software (e.g., Prophet, SAS, R, Python).
- In-depth knowledge of regulatory frameworks, risk management principles, and financial reporting standards.
- Excellent leadership, communication, and stakeholder management skills.
- Proven track record in leading complex actuarial projects and driving business impact.
Method of Application
If you meet the above requirements, please send your resume DIRECTLY to: jnjoroge@networkfinance.co.za