Kenya Power Lighting Company
Kenya Power is seeking an experienced Manager, Insurance Services to join their executive team at the Central Office. This strategic position reports directly to the General Manager, Finance and offers an opportunity to shape the organization’s insurance and risk management framework.
About Kenya Power & Lighting Company PLC
Kenya Power is the premier electricity distribution and retail company in East Africa, established under the Companies Act of Kenya. As a key driver of Vision 2030, the company manages bulk electricity purchase and distribution throughout Kenya, serving millions of end-user customers.
Role Purpose
The successful candidate will lead the development and implementation of comprehensive insurance strategies while ensuring optimal protection of company assets, human resources, and potential liabilities through effective risk transfer mechanisms.
Key Responsibilities
Strategic Insurance Management
- – Develop and implement insurance strategies aligned with corporate governance
- – Design and maintain risk management tools and policies
- – Oversee insurance policy compliance with regulations
- – Lead insurance contract negotiations and management
- – Drive innovation in insurance risk transfer solutions
Risk Assessment & Protection
- – Conduct comprehensive risk assessments
- – Implement necessary risk transfer measures
- – Ensure timely insurance coverage for all assets
- – Manage human resource-related insurance programs
- – Monitor and evaluate potential legal liabilities
Policy Administration
- – Manage insurance policy portfolio
- – Monitor and expedite claims recoveries
- – Maintain insurance contract documentation
- – Oversee policy renewals and updates
- – Track insurance market developments
Compliance & Governance
- – Ensure adherence to statutory obligations
- – Implement corporate standards
- – Maintain regulatory compliance
- – Enforce code of conduct
- – Monitor insurance industry regulations
Stakeholder Management
- – Build relationships with insurance providers
- – Engage with service providers
- – Provide guidance on insurance matters
- – Lead insurance-related communications
- – Manage broker relationships
Required Qualifications
Education
- – Bachelor’s degree in Business, Law, or related field from recognized university
- – Member or Associate of the Chartered Insurance Institute
- – Chartered Insurance Practitioner or Insurer certification
Experience
- – 10 years total working experience
- – 5 years in supervisory role
- – Proven track record in insurance management
- – Experience in utility sector (advantage)
- – Demonstrated leadership capabilities
Technical Skills
- – Proficiency in computerized financial systems
- – Advanced data analysis capabilities
- – Risk assessment expertise
- – Insurance contract management
- – Claims processing knowledge
Essential Competencies
- – Strategic thinking and planning
- – Strong leadership abilities
- – Excellent negotiation skills
- – Problem-solving expertise
- – Results-driven approach
- – Team building capabilities
- – Analytical thinking
- – Communication proficiency
- – Understanding of power business operations
- – Commitment to organizational values
What Sets This Role Apart
This position offers unique opportunities to:
- – Shape insurance strategy for Kenya’s leading utility provider
- – Drive innovation in risk transfer solutions
- – Lead a critical business function
- – Contribute to organizational resilience
- – Influence industry best practices
Contract Terms
- – 5-year renewable contract
- – Performance-based renewal
- – Competitive compensation package
- – Professional development opportunities
- – Grade: MG 04
How to Apply
Applications must include:
- – Detailed CV
- – Copies of academic and professional certificates
- – Relevant testimonials
- – Position reference number: HR: KP1/5B.2/1/3/1658
- – Contact information including mobile number and email
Application Deadline: December 6th, 2024
Required Clearance Certificates (Upon Employment Offer)
- – Valid Certificate of Good Conduct (DCI)
- – HELB Clearance Certificate
- – KRA Tax Compliance Certificate
- – EACC Clearance
- – Credit Reference Bureau Report
Kenya Power is an Equal Opportunity Employer. Female candidates, Persons with Disabilities, and those from Marginalized areas are encouraged to apply.
Important Note: Kenya Power does not charge any fees during any stage of the recruitment process.
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Job Reference: HR: KP1/5B.2/1/3/1658
Location: Central Office
Grade: MG 04
Posts: 1
Employment Type: Contract (5 years renewable)
Industry: Energy/Utilities
Level: Senior Management
