Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.
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Table of Contents
Jubilee Insurance Programme Advert
- Location: Kenya
- Company: Jubilee Insurance
- Closing Date : 30 March. 2023
Role Purpose
The Role holder will be responsible for the financial reporting under IFRS17 for Jubilee Life Company.
Main Responsibilities
Financial & Regulatory reporting
- Implementation, budgeting, and project management.
- Ensure the integrity of the IFRS 17 TB
- Preparing papers for management & board on IFRS 17.
- Disclosure preparation under IFRS17 reporting requirements
- Develop controls and documentation around estimates and judgement in IFRS17 implementation for data & results consistency, completeness, and accuracy.
- IFRS17 regulatory reports i.e., Quarterly returns to IRA and tax computations for KRA
- Support stakeholders on all financial inputs and outputs (Actuarial, appointed actuary and audit/assurance teams) on IFRS17 reporting within monthly, quarterly & end year reporting timelines
- Responsible for the development of the Audit Plan in conjunction with the External Auditors and CFO around IFRS17.
- Risk assessment, management, and reporting under IFRS17 reporting.
- Recommend strategies further to the review of IFRS 17 outputs to the management
System Set-up
- Work with the IT to ensure that all systems are set up and test the output for correctness.
- Work with the Digital team to develop automated reports and business dashboards around IFRS 17
Leadership
- Embed international best practice within the staff complement of the team.
- Managing and providing leadership to assigned team.
- Recommend strategies further to the review of IFRS 17 outputs to the management
Requirements
Key Competencies
- Visionary Entrepreneurial Spirit
- Customer Focus
- Continuous Innovation
- Ownership & Commitment
- Team Spirit
- Excellent oral, written and online communication skills
- Presentation skills
- Organized, numerate, analytical.
- Business planning and tracking
- Time management
- Interpersonal skills
Qualifications
- Bachelor’s Degree in Finance, or a Business-Related Field.
- CPA-K/ACCA Qualification is mandatory.
Relevant Experience
- At least 7 years’ Experience in the insurance, Finance industry of which two (2) must be as a lead in financial reporting.
- Experience in the implementation of the standard will be an added advantage
How to Apply the Jubilee Insurance Kenya
Submit your CV, copies of relevant documents and Application to Recruitment@jubileekenya.com
