Invesco Assurance
Company Ltd is an underwriter licensed to transact all lines of general
insurance business.
Invesco Assurance Company Limited has its headquarters in Nairobi and branches country wide.
Invesco was placed under Statutory Management on 28th February 2008 and after
intense restructuring emerged from Statutory Management on 18th Jan 2010.Invesco Assurance Company Limited has its headquarters in Nairobi and branches country wide.
In the period after re-opening, the company has operated satisfactorily and grown steadily.
Invesco now seeks to recruit a highly qualified Chief Internal Auditor to be part of its senior management team and a Senior Legal Officer to join the claims section.
Chief Internal Auditor
Job Purpose:
The internal audit
function is a management tool to ensure compliance with laid down financial
systems policies, procedures and government regulations. It is also an
investigative tool to monitor whether resources are being prudently managed and
to carry out value for money audits.
This role is responsible for planning audit coverage, management and co-ordination of all internal audit work within Invesco Assurance Company and reporting to the Board Audit Committee.
This role is responsible for planning audit coverage, management and co-ordination of all internal audit work within Invesco Assurance Company and reporting to the Board Audit Committee.
Key Tasks, Duties and Responsibilities
- Responsible for
developing and leading the Audit section in a professional manner
- Responsible for
the preparation of audit plans having regard to appropriate measures of
risk
- Responsible for
reporting audit findings to the Board Audit Committee
- Responsible for
preparing reports for management, committees and relevant groups and
conducting quarterly health checks on adequacy of established internal
controls, the ERM model and risk and compliance functions.
- Responsible for
ensuring that all external audit and regulatory audit recommendations are
fully implemented.
Professional
Qualifications and Experience
- Bachelor of
Commerce in Accounting / Finance/Economics or other Business related
field.
- Possession of
Masters level training or good progress an added advantage
- Full member of
ICPAK through CPA or ACCA.
- Full CISA with
at least two (2) years demonstrated post qualification experience.
- At least 6
years’ progressive experience, of which two should be at senior management
and four in a top audit firm.
Other
requirements
- Knowledge of
popular CAAT packages an advantage;
- Team leader with
great interpersonal, communication and presentation skills.
- Aged between 35
– 45 years
Senior Legal Officers
Job Purpose:
To handle all Claims
legal issues and help the company mitigate against legal suits in the interests
of both the company and its customers.
Key Duties and Responsibilities
- Instructing
company Advocates to review or appeal judgments and negotiate for a scheme
with third party Advocates
- Calling for
verification of documents by Investigators and verifying involvement of
claimants and advising the Claims Manager on all legal issues
- Perusing court
files to ascertain reported accidents and confirm the claimant position.
- Negotiate
judgment amounts with claimant and quantify amounts for out of court
settlement
- Liaising with
Auctioneers for their fees and seeking indulgence where warrants for stay
orders are attached
- Assist in
payment approvals and coordination of fee payments to relevant service
providers
Professional
Qualifications and Experience
- Bachelor of Law
degree
- Diploma in Law
from Kenya School of Law
- Advocate of the
High Court
- Professional
training in Insurance e.g. diploma in Insurance or ACII will be an added
advantage
- At least 4 years
progressive experience
Other
requirements
- Good legal
writing, communication, negotiation and supervisory skills
- Planning &
organizing skills
- Strong team
player
- Ability to work
under hours and under strict deadlines.
- Aged between 28
– 35 years
All interested
candidates should submit an application letter and updated detailed curriculum
vitae with copies of certificates and testimonials to reach the undersigned on
or before 3rd July 2013.
Chairman – Human Resource Committee
Invesco Assurance Company Limited
3RD Floor, Bishop Magua Building
Ngong Road off George Padmore lane.
P. O. Box 52964-00200, Nairobi
