Manager, Investments

ABOUT THE COMPANY

Kenya Reinsurance Corporation Limited (Kenya Re) is the oldest Reinsurer in Eastern and Central Africa.

JOB SUMMARY

Requirements / Person SpecificationsAcademic QualificationsFor appointment to this grade, an officer must have:Master’s Degree in any of the following disciplines: Finance, Investment Management, Economics, Accounting, Commerce, Business Administration (Finance Option), Strategic Management, or an equivalent qualification from a recognized and accredited institution.Bachelor’s Degree in any of the following disciplines: Finance, Investment Management, Economics, Accounting, Commerce, Business Administration (Finance or Accounting Option), Business Management (Finance Option), or an equivalent qualification from a recognized and accredited institution.Professional QualificationsThe officer must have:Certified Public Accountant of Kenya (CPA-K) qualification from KASNEB, Certified Investment & Financial analyst (CIFA) from KASNEB or an equivalent qualification from a recognized and accredited institution;Membership to the Institute of Certified Public Accountants of Kenya (ICPAK) or an equivalent professional body and in good standing;A Management Course lasting not less than four (4) weeks from a recognized and accredited institution;Proficiency in computer applications; andFulfilled the requirements of Chapter Six of the Constitution of Kenya.ExperienceThe officer must have:At least fifteen (15) years of relevant work experience, three (3) of which must have been in a Assistant Manager position;Demonstrable experience in team leadership, investment portfolio management, and engagement with the Board of Directors.

RESPONSIBILITIES

Investment Strategy & PolicyFormulate, implement, and continuously review investment policies, procedures, and frameworks to support the Corporation’s strategic objectives and long-term financial sustainability.Advise Senior Management and the Investment Committee on strategic investment opportunities, portfolio restructuring, and market positioning.Ensure alignment of all investment activities with approved risk appetite, regulatory guidelines, and best market practices.Portfolio Management & OptimizationManage the Corporation’s investment portfolio, including acquisition, disposal, restructuring, and rebalancing of assets to maximize returns while maintaining appropriate liquidity and diversification.Coordinate short-term and long-term investments across domestic and international markets, including equities, fixed income, property, and alternative investments.Oversee due diligence, selection, and management of investment opportunities, fund managers, custodians, and counterparties.Research, Analysis & Market IntelligenceConduct continuous research and analysis of local, regional, and global economic trends, financial markets, and investment opportunities.Perform scenario analysis, stress testing, and performance forecasting to support data-driven investment decisions.Maintain an up-to-date investment database and portfolio records for effective monitoring and decision-making.Performance Reporting & GovernanceOversee preparation of timely and accurate investment performance reports, schedules, and dashboards for Management, the Investment Committee, and the Board.Prepare departmental budgets, investment forecasts, procurement plans, work plans, and performance contracts.Ensure strong corporate governance, internal controls, and compliance with all regulatory and statutory requirements.Risk Management & ComplianceIdentify, monitor, and mitigate investment risks through robust controls, diversification strategies, and regular stress testing.Monitor the performance of investment counterparties and service providers to ensure compliance and optimal results.Implement audit recommendations and continuously strengthen risk management frameworks within the Investments function.Leadership & Team DevelopmentProvide strategic leadership, supervision, mentorship, performance appraisal, and professional development to staff in the Investments department.Promote a culture of professionalism, innovation, accountability, and service excellence.Perform any other duties as may be assigned from time to time.

REQUIRED SKILLS

Office administration, management, Reporting, Property management, Document and archive management

REQUIRED EDUCATION

Post-graduate education