Background

Kenya Reinsurance Corporation Limited (Kenya Re) is the oldest Reinsurer in Eastern and Central Africa. It was established through an Act of Parliament in December 1970 and commenced business in January 1971. Kenya Re’s core activity is providing reinsurance services for most classes of business. Since its inception, Kenya Re has progr...

Job description

To provide senior support in developing and coordinating the Corporation’s research, strategy and innovation agenda, driving data-driven insights, strategic planning and innovative product development to strengthen the Corporation’s competitive position. Reports to: Manager, Research and Development

Requirements

Academic Qualifications

• Bachelor’s degree in strategic management, Project Planning and Management, Economics, Statistics, Commerce or an equivalent qualification from a recognised institution.
• Master’s degree in strategic management, Statistics, Project Planning and Management, Economics, Business Management, Mathematics or an equivalent qualification from a recognised institution.

Professional Qualifications

• Registered member of the Statistical Society of Kenya or its equivalent, in good standing.
• Management course lasting not less than four (4) weeks from a recognised institution.
• Proficiency in computer applications.

Experience

• At least twelve (12) years’ relevant work experience, three (3) of which must have been at a supervisory level in a reputable organisation.
• Demonstrated merit, managerial capability and professional competence as reflected in work performance and results.

Other Requirements

• Excellent interpersonal, communication and stakeholder management skills, with the ability to engage effectively with internal departments, suppliers and regulatory bodies.
• Strong analytical, negotiation and problem-solving skills, with a keen eye for detail and value for money.
• Superior planning, organising and time-management skills, with the ability to work effectively under pressure and meet tight deadlines.
• Fulfil the requirements of Chapter Six of the Constitution of Kenya.

• Participate in the development and review of corporate strategic and business plans, objectives, strategies, budgets and policies.
• Participate in the development and implementation of the corporate strategy.
• Prepare and monitor the strategic planning process, ensuring that selected value-adding initiatives receive the highest priority.
• Communicate strategy and guide the integration of strategy into performance management systems.
• Monitor and evaluate strategy implementation and all of the Corporation’s programmes and projects.
• Coordinate research and development on insurance matters and other areas forming part of business development for the Corporation and the insurance market.
• Coordinate the collection, organisation and analysis of market data to generate research insights that give the Corporation a competitive edge.
• Conduct PESTEL and SWOT analyses within the Corporation’s markets of interest and make recommendations to management.
• Conduct regular competitor analysis to help the Corporation explore new innovations and adapt to market trends.
• Make recommendations to management on the prioritization of innovative ideas and ways of improving innovation.
• Champion innovation by analysing current situations to foster improvements, better work systems, cost savings and faster turnaround times.
• Design, develop, update and manage statistical models for premium forecasts.
• Develop, maintain and update revenue forecasting models.
• Develop detailed business analyses and prepare action plans to deliver short- and long-term results.
• Create actionable insight that informs decision-making on customer behaviour and business performance optimisation.
• Identify appropriate business analytics tools for the Corporation.
• Carry out new product development and generate creative and innovative ideas.
• Identify problems, opportunities and/or gaps through primary and secondary research and innovation.
• Review existing research methods and advise on the most appropriate research methodology to address business and research problems.
• Advise on research results against set action standards and recommend next steps.
• Promote and monitor implementation of correct procedures throughout the Research and Analytics team.
• Initiate proposals and assess those made by others for more effective capacity-building initiatives and innovations.

• Excellent interpersonal, communication and stakeholder management skills
• Strong analytical, negotiation and problem-solving skills
• Superior planning, organising and time-management skills
• Proficiency in computer applications

• Bachelor’s degree in strategic management, Project Planning and Management, Economics, Statistics, Commerce or an equivalent qualification
• Master’s degree in strategic management, Statistics, Project Planning and Management, Economics, Business Management, Mathematics or an equivalent qualification
• Registered member of the Statistical Society of Kenya or its equivalent
• Management course lasting not less than four (4) weeks