Current Openings at Jubilee Insurance

Jubilee Insurance

Current Openings at Jubilee Insurance,

Current Openings at Jubilee Insurance

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Jubilee Insurance was established in August 1937, as the first locally incorporated Insurance Company based in Mombasa in 1937. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.

Head of Cost Control

Job Ref. No. JHL010

Role Purpose

The overall purpose of the job is to establish reliable financial reporting systems within the Group that will aid in monitoring the progress of the organization’s objectives and provide stakeholders with relevant financial data required for strategic decision making. The role holder will also be responsible for ensuring that the company’s costs are controlled within the allocated budgets as well as roll out strategic initiatives that will deliver considerable cost containment across the Group. Lastly, he/she will work closely with the various entity finance teams to develop and implement cost control policies and procedures and will be responsible for preparing cost reports and analyzing cost variances.

Main Responsibilities

Cost Monitoring

  • Monitoring and updating cost estimates for projects to ensure that costs are within expected ranges and budgets.
  • Conducting cost analyses to identify areas where costs can be reduced or eliminated altogether and monitoring budgets to ensure that spending does not exceed approved levels.
  • Reviewing expense reports to ensure that expenses are reasonable and appropriate for the business circumstances.
  • Ensure timely and accurate development and submission of all reports being submitted to senior executives, stakeholders, and board members.
  • Manage the collection and analysis of business unit financial and operational data, including key performance metrics, to provide business insights to the business

Budgeting and Forecasting

  • Manage the consolidation and reporting of the Group annual budgets and forecasts.
  • Assist with developing reports on the allocated budgets to ensure compliance and highlight possible issues.
  • Provide relevant function heads with reports to support the planning process in regard to budgeting, strategic plans and periodic forecasts for their respective departments.
  • Coordinate internal functions for data collation on expenditure on capital projects and ensure timely preparation and reporting of project expense reports / forecasts.
  • Consult with managers and assist with the preparation of annual budgets whilst ensuring alignment to Jubilee Group objectives.

Consolidation and Management Reporting

  • Oversee the consolidation of timely and complete reports from all functions across the organization.
  • Coordinate the preparation of the corporate annual reports.
  • Provide reports to business units with related reports, analysis, and tracking against agreed KPIs.
  • Ensure all financial reports and data are examined closely to check for discrepancies when consolidating reports for relevant management functions.
  • Support management in presenting reports to senior executives, stakeholders, and board members


  • Bachelor’s degree in Finance, Business Administration or Accounting Degree
  • Master’s degree in Business, Finance, Accounting (required)
  • Accounting Designation in CPA, CMA or ACCA (required)
  • Superior mastery of excel and reporting dashboards is key

Relevant Experience

  • Minimum of 7 years’ experience
  • Good technical knowledge of the Insurance industry
  • Highly innovative, performance and results driven coupled with good business acumen.
  • A consummate professional with demonstrated ability to develop and execute strategies for sustainable, continuous improvement in performance, market share and profitability
  • An individual with strong leadership qualities, a track record of innovation and the ability to manage change
  • Experience with financial & accounting software
  • Experience in OFA and BI platforms
  • Professional financial analysis experience
  • Profit & Loss Forecasting, model development
  • Reporting and Analytics
  • Negotiation skills, with the ability to influence other
  • Conceptual thinking skills – process-orientation, innovative thinking regarding established methods
  • Organization – Highly organized: used to working to tight deadlines and
  • Thorough knowledge of accounting standards (IFRS)

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Head of Emerging Partnerships

Job Ref. No. JHL011

Role Purpose

The role holder will take ownership for developing and building the entire emerging partnership function, including developing the strategy, hiring a team, and clearly communicating the value to other departments and leadership. The job holder will be responsible for establishing a compelling 3–5-year emerging partnership strategy that aligns with Jubilee Group’s vision for growth of market share and product development

Main Responsibilities

Lead Business Strategy Management

  • Participate in formulating, designing and rolling out the Jubilee Group’s Emerging Partnership Strategy; plan, organize, direct, coordinate and control activities in line with the overall business goals and objectives.
  • Take responsibility for budget preparation, analysis and communication to support the objectives set by the Board.
  • Keeping JHL senior management advised and informed on key emerging partnership trends through high quality, informative monthly and quarterly reports utilizing business intelligence tools.
  • Drive the development of new products, services and distribution models (FinTech’s, brokers, Insure techs etc) that will provide best in class solutions that are leveraged on technology.
  • Leverage cross functional group relationships and networks to build a client base from the Micro, Retail and SME 


  • Nurture existing partnerships by leading, managing, and developing all partners to achieve revenue and top line targets.
  • Building new partnerships that are mutually beneficial and drive revenue for both the partners and the entire Jubilee Group.
  • Establish and document clearly defined goals for each partner relationship, and update and maintain proper reporting to all sourced, direct, and influenced partnership revenue and pipeline targets, partner success KPIs, and retention and integration goals.
  • Work cross-functionally to create partnerships and set up for success from working with the product and intelligence teams to identifying prospective partners, to proactively growing partnerships through sales and marketing efforts.
  • Set our partners up for success by proactively identifying opportunities that increase Jubilee’s value and impact, expanding our footprint in the e- commerce space.
  • Work with our partners and internal teams (sales, customer service, marketing, legal, product, and strategy) to optimize cross-selling and marketing strategies for driving revenue through the partner ecosystem.
  • Strategically manage the department to serve partner clients with superior service to grow market share, increase share of wallet and boost organizational profitability.

Marketing and Communications

  • Develop and manage successful marketing campaigns with the help of the marketing and corporate communications team to promote certain partners’ goods and services.
  • Interacting with partners on Jubilee group’s behalf to make sure that everyone is happy with the present condition of partnerships.
  • Establishing efficient channels of communication with partners to promote fruitful working partnerships
  • Monitoring market trends and competitor activities in order to identify potential opportunities for new partnerships.
  • Perform market research to make sure the business is abreast of industry developments and to ensure profitability for all items.
  • To expand Jubilee’s market penetration, create creative alliances and methods of distribution


  • Clarify expectations for function members and other stakeholders across the organization that are supporting the partnership eco-system.
  • Ensure the function has the best people capabilities through effective inspirational leadership, people development, and optimum succession planning.
  • Facilitate integration of functions while ensuring that the Jubilee DNA within the function is established and developed in a way that is consistent with the strategic direction and values of the Jubilee Group.
  • Building relevant organizational capacity to deliver on strategy by leading, guiding, directing, and evaluating the work of the leadership team.
  • Building the systems and human resource capabilities and training systems that will enable the business to successfully pursue the agreed strategies


  • Bachelor of Commerce, or degree in any other business field
  • Diploma/ Advanced Diploma in professional insurance (ACII) would be an advantage
  • Master’s Degree (Added Advantage)

Relevant Experience

  • Minimum of 10 years’ experience
  • Good technical knowledge of the Insurance industry
  • Highly innovative, performance and results driven coupled with good business acumen.
  • A consummate professional with demonstrated ability to develop and execute strategies for sustainable, continuous improvement in performance, market share and profitability
  • An individual with strong leadership qualities, a track record of innovation and the ability to manage change
  • An energetic seasoned marketer with a proven track record in Business Development strategies and implementation

Method of Application

If you are qualified and seeking an exciting new challenge, please apply via quoting the Job Reference Number and Position by 22nd January 2023.

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