KR
Manager, Risk and Compliance
Kenya Reinsurance Corporation Limited (Kenya Re)
Nairobi·Masters·Closed
At a glance
The Manager, Risk and Compliance at Kenya Re leads enterprise risk management and regulatory compliance across the entire Group, including oversight of AML/CFT programmes and engagement with the Board Risk Committee. The role requires a Masters degree in Risk Management, Finance, Insurance, Business Administration, Statistics, or Law, CPA(K) with ICPAK membership, and 15 years' experience with 3 years at Assistant Manager level.
SectorFinance
GradeKRC Grade 4C
Deadline2026-06-10
Posts1
About
Kenya Reinsurance Corporation Limited (Kenya Re) is a government-owned reinsurer. The Manager, Risk and Compliance leads Group-wide risk management and compliance frameworks, safeguarding the Group's assets, ensuring full regulatory compliance across all subsidiaries, and aligning risk practices with Kenya Re's strategic objectives.
Key Responsibilities
•Develop, implement, and maintain a comprehensive Group-wide Risk Management Strategy and framework aligned with the Group's overall business strategy
•Review, update, and recommend enterprise risk management policies, processes, and frameworks while embedding a strong risk-aware culture across the Group
•Advise the Group Managing Director, Executive Management, and the Board on capital adequacy ratios, solvency positions, and capital requirements
•Advise the Board and Management on emerging Anti-Financial Crime (AFC), AML/CFT, and other regulatory developments in Kenya and target markets
•Identify, assess, aggregate, monitor, and report on key material risks impacting the Group's profitability, reputation, and operational resilience
•Oversee risk management across all operational departments, including Risk and Control Self-Assessments (RCSA), internal controls, and risk reporting
•Coordinate the design, development, and implementation of Group Enterprise Risk Management (ERM) tools, systems, and processes
•Participate in new product development initiatives, providing a comprehensive Group-wide risk and compliance perspective
Requirements
✓Bachelor's Degree in any of the following disciplines: Risk Management, Finance, Accounting, Economics, Statistics, Actuarial Science, Insurance, Business Administration, Law, or a related field from a recognized and accredited institution
✓Master's Degree in any of the following disciplines: Risk Management, Strategic Management, Finance, Insurance, Business Administration, Statistics, Law, or a related field from a recognized and accredited institution
✓Professional Certification in Risk Management or Compliance (e.g., CRMP, FRM, PRM, ISO 31000, ISO 37301) or its equivalent from a recognized and accredited institution
✓Professional qualification from the Institute and Faculty of Actuaries (IFoA) – Kenya/UK or an equivalent actuarial qualification from a recognized institution
✓Certified Public Accountant (CPA-K) and membership in good standing of the Institute of Certified Public Accountants of Kenya (ICPAK) or an equivalent from a recognized institution
✓Certificate in a leadership or management course lasting not less than four (4) weeks from a recognized and accredited institution
✓Valid practicing certificate from the relevant professional body, where applicable
✓Proficiency in computer applications
✓Demonstrated managerial, administrative, and professional competence in work performance and results
✓Fulfilment of the requirements of Chapter Six of the Constitution
✓Minimum of fifteen (15) years' relevant cumulative work experience in risk management, compliance, insurance, reinsurance, or a related field, three (3) years of which must have been served in the grade of Assistant Manager, Risk Management and Compliance or in a comparable senior management position
✓Demonstrable team management experience and proven interaction with the Board of Directors or equivalent governance structures
CHAPTER SIX
This role requires Chapter Six compliance — proof is only needed once you're offered the job, not at application time.
How to Apply
Submit CV, credentials, and cover letter (as attachments) by post or email, quoting the position applied for and outlining how you meet the requirements, to: The Human Resource Manager, Kenya Reinsurance Corporation Limited, P.O Box 30271, 00100 GPO, Nairobi. Email: recruitmentkrc@kenyare.co.ke. Closing Date: 10th June 2026.