The Manager, Retakaful, is responsible for providing strategic leadership and operational oversight of the Corporation’s Retakaful business. The role ensures the development, growth, and profitability of the Retakaful Window while maintaining strict adherence to Sharia principles across all operations, including underwriting, claims, investments, product development, and governance. The position also serves as Secretariat to the Sharia Supervisory Board.
Key Responsibilities
Strategic Leadership & Business Growth
Develop and implement the Retakaful business strategy in alignment with Kenya Re’s overall corporate objectives and growth targets.
Manage, monitor, and grow the Retakaful portfolio to achieve profitability, portfolio diversification, and sustainable business expansion.
Promote and market Retakaful products to existing and prospective clients locally, regionally, and internationally.
Build and maintain strong strategic relationships with regional and international Takaful and Retakaful operators.
Underwriting & Risk Management
Oversee underwriting of Retakaful treaties and facultative business.
Evaluate and approve risks in line with Sharia principles, underwriting guidelines, and the Corporation’s risk appetite.
Manage Retakaful claims processing, ensuring fairness, efficiency, timeliness, and full Sharia compliance.
Sharia Compliance & Governance
Ensure full adherence to Sharia Law and principles in all Retakaful operations, investments, product offerings, documentation, and internal processes.
Serve as Secretary to the Sharia Supervisory Board, including preparation of agendas, reports, minutes, and follow-up on resolutions.
Review, validate, and continuously update Retakaful operational processes, manuals, and guidelines.
Reporting & Stakeholder Management
Prepare and present timely Retakaful performance reports, financial updates, and annual Sharia compliance reports to Management and the Board.
Provide strategic advice and technical guidance to Senior Management and the Sharia Supervisory Board on all Retakaful matters.
Perform any other duties as may be assigned from time to time.
How to Apply
Applicants should submit, either by post or email, their CV, credentials, and cover letter (as attachments), quoting the position applied for and outlining how they meet the requirements for the position, addressed to:
The Human Resource ManagerKenya Reinsurance Corporation LimitedP. O Box 30271, 00100 GPONAIROBI
E-mail: recruitmentkrc@kenyare.co.ke
Applicants should indicate their current or most recent salary in their CV, as well as whether they are persons living with a disability.
