Principal Officer, Insurance Services – 2 Posts at Policyholders Compensation Fund

Job Description

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The Policyholders Compensation Fund (PCF) is a State Agency established under Section of the Insurance Act (Cap of the Laws of Kenya) with the mandate of protecting insurance claimants of an insurer placed under a manager appointed under section 67C or whose license has been cancelled under the Act, through the provision of compensation for their unsettled claims.

Job Ref:  PCF/02/

Job Competencies (Knowledge, Experience and Attributes / Skills).

Academic qualifications

Master’s Degree in the following fields: Commerce, Actuarial Science, Finance, Insurance, Economics, Business Administration or its equivalent from a recognized and accredited institution. Bachelor’s Degree in any of the following fields: Commerce, Actuarial Science, Finance, Insurance, Economics, Business Administration or its equivalent from a recognized and accredited institution.

Professional Qualifications / Membership to professional bodies

Professional qualifications in Insurance/ Finance/ ICT/Laws/ Risk Management/Audit or equivalent qualification. Membership to the Chartered Insurance Institute/ Insurance Institute of Kenya/ institute of certified investments and Financial Analysts/ law society of Kenya/ or equivalent professional body in good standing. Senior Management course lasting no less than four weeks from a recognized institution. Proficiency in computer applications.

Previous relevant work experience required.

A Minimum period of eight relevant work experience, three years of which must have been in a supervisory role

Functional Skills, Behavioural Competencies/Attributes:

Change and Risk Management Legal and Regulatory Framework Team Management skills Coaching and mentoring Time management Analytical & problem-solving skills. Communication & interpersonal skills. Negotiation skills. Reporting skills. Managerial skills. Customer focus Technologically savvy