Kenya Reinsurance Corporation Vacancies Feb 2012

Vacant Positions Ref No: KRC/HR/02/01

Kenya Reinsurance Corporation Limited (Kenya Re), is a leading reinsurer in the region listed at the Nairobi Securities Exchange (NSE).

It is ISO 9001: 2008 Certified and is rated B+ by A.M Best and AA by the Global Credit Rating Company (GCR).

Kenya Re now seeks to recruit and fill the following positions:-

Information Systems Auditor

The Position

The selected candidate will report to the Manager Internal Audit.

The holder of this position will undertake reviews of the Company’s ICT infrastructure and provide assurance to management on the adequacy of the system controls.

Key Responsibilities

The main duties will include but will not be limited to:-

• Conducting regular risk assessments in the Corporation’s Information System and recommending control measures to mitigate them.
• Contributing to the development of the annual Information Systems audit plan.
• Execute Information Systems Audit Reviews based on annual Information Systems audit plan.
• Providing support to other assurance processes to ensure the overall system audit opinion is incorporate the risks identified in the underlying information systems and the entire Corporation.
• Monitor the implementation and operation of defined controls and recommendations on an ongoing basis.
• Ensuring that financial and operational audit programmes include sufficient and relevant information systems audit tests.
• Ensure that the Corporation’s automated systems and information technology are in compliance with Corporation’s policies and procedure requirements.

The Persons

Applicants should possess:

• A degree in Information Systems preferably BSC in Computer Science from a recognized University or a business related degree.
• Professional Qualification in Certified Information Systems Audit (CISA)
• 2-3 years progressive experience in Information Systems audit within an internal audit function or external audit work experience specializing in Information Systems audit from a reputable audit firm.
• Understanding of information systems controls and techniques for evaluating such controls in the concept of risk and risk assessment.
• Understanding of diverse information systems environment and architecture, software, computer operations and systems lifecycle.
• Knowledge of information systems governance and security principles and practices.

Essential Skills

• Excellent in written and verbal communication, numerical, analytical and report writing skills.
• Ability to apply professional and other skills acquired in an Enterprise Resource Planning environment will be an added advantage.
• Must be proactive and innovative keeping abreast with technological advancements.
• Must have ability to work independently with minimum supervision.
• Must be a team player with good interpersonal skills.

Risk and Compliance Manager

The Position

The selected candidate will report to the Managing Director.

The holder of the position will manage the Corporation’s Risk and Compliance Programs.

He or she will ensure that the Board of Directors, senior management and employees are in compliance with rules and regulations of regulatory agencies and that the Corporation’s policies
and procedures are being followed.

In addition the holder of the position will ensure that risks are properly managed across the Corporation in line with enterprise risk management frameworks and charters.

Key Responsibilities

The main duties will include but will not be limited to:-

• Reviewing and recommending policies, processes and framework for managing enterprise-wide risks to promote a risk management culture through reporting and other internal communications.
• Providing oversight and support to Business functions and management to ensure that risks are properly managed across the Corporation,
• Assisting with implementation of procedures for proactive review of risks for projects, transactions and new products, to assess the impact of daily business decisions on the overall risk profile and subsequent monitoring of the procedures.
• Reviewing deviations from the Enterprise Risk Management Framework or other Risk Management procedures and reporting as appropriate.
• Analyzing key risks and supporting management to deliver adequate mitigating controls and actions.
• Driving the process development and execution of all activities required to continuously improve the Corporation’s compliance processes and lower potential risks.
• Managing the compliance aspects of the business to provide an effective second line of defense for compliance with legal and regulatory requirements.

The Person:

Applicants should possess:-

• A University degree in Economics, Finance, Legal, Business Administration or any other relevant discipline.
• Certified Public Accountant CPA (K) or Associate Certified Chartered Accountant (ACCA),
• Information Systems Security Professional Qualifications CISA or CISM will be an added advantage,
• Possession of reinsurance /insurance professional qualifications and familiarity with current regulatory themes including Solvency II would will be an advantage,
• Six years relevant working experience two of which should be at management level within compliance, risk or audit fields with proven people management skills and experience

Essential Skills

• Must be self-driven, mature and possess integrity,
• A team player with good interpersonal skills
• Proven ability to work under pressure with accuracy and focus

Kenya Re is an equal opportunity employer and does not discriminate on the grounds of gender, colour, race, religion, natural origin, age or physical disability. An appropriate remuneration package will be offered to the successful candidate.

Closing Date: 24th February 2012

Applicants should post or email as attachments their CV and cover letter quoting the relevant reference number and outlining how they meet requirements for the position to:-

The Human Resource and Administration Manager
Kenya Reinsurance Corporation Limited
P. O Box 30271, 00100 GPO, Nairobi
E-mail: hr@kenyare.co.ke