7 Job Positions at SONARWA Life: (Deadline 31 December 2022)
Chief Executive Officer at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME: SONARWA LIFE
JOB TITLE: CHIEF EXECUTIVE OFFICER JD
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of CEO
Responsibilities:
- Lead the Senior management of SONARWA Life’s business, consistent with the strategy and commercial objectives agreed by the Board;
- Lead and oversee the implementation of SONARWA Life’s long and short-term plans in accordance with its approved strategy;
- Plan and direct the company’s activities to achieve the stated/agreed targets and standards for performance;
- Prepare regular and periodic reports to the board that provide a strategic direction and qualitative assessment on the achievement of the planned goals;
- Drives implementation of policies and recommendations made by the board;
- Report to shareholders on the organizational plans and performance;
- Oversees effective internal controls and management information systems and ensure they are in place to support the company’s operations;
- Ensure that SONARWA Life has appropriate systems to enable it to conduct its activities efficiently, effectively, lawfully and ethically;
- Serve as the primary spokesperson and representative for SONARWA Life and ensure that the organization and its mission, programs, and services are consistently presented in a strong, positive image to relevant stakeholders;
- Ensure that the Directors are properly informed, and that sufficient information is provided to the Board to enable the Directors to form appropriate judgments;
- Oversees that SONARWA Life maintains high standards of corporate citizenship and social responsibility in all environments in which it operates;
- Monitor the performance of each department against targets set and monitors the company’s overall performance;
- Oversees the preparation of company budgets for presentation to the Board;
- Conduct periodic review to ensure overall expenditure is within budget;
- Investigates reasons for budget variance and establish ways to reduce the variance;
- Recruit, select and develop executive team members to ensure that SONARWA has the right competence to drive the achievement of its strategic objectives.
Minimum requirement:
- Hold a Master’s degree in a Business-related field from a recognized institution;
- Possess professional qualification(s) in Insurance will be an added value;
- Be a member in good standing of a recognized professional body;
- Have knowledge and experience of not less than Ten (10) years of relevant work experience with at least Five (5) years served in senior management position in a comparable role;
- Possess strong knowledge of the insurance industry and a proven track record in business growth;
- Have thorough understanding of financial management, regulatory compliance, board management and demonstrable commercial and investment acumen;
- Very good written and oral command of the English language;
- Knowledge of French and Kinyarwanda is an added advantage;
- The selected candidate will be subject to the (BNR) regulatory approval.
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience.
Application link: https://qsourcingservtec.applytojob.com/apply/8k74YvZ24S/QSSRSONARWACHIEF-EXECUTIVE-OFFICERCEO
Deadline: 31st December 2022
CLICK HERE TO READ MORE AND APPLY
Internal Audit Manager at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME: SONARWA LIFE
JOB TITLE: INTERNAL AUDIT MANAGER
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of Internal Audit Manager
Responsibilities:
- Manage the internal audit plan and development of audit programs for the Insurance to ensure efficiency in audit execution.
- Oversee execution compliance audit for the Insurance to ensure its compliance to the legal and statutory requirement.
- Ensure proper documentation and management of audit work papers/tests for evidence and reference when required.
- Develop risk–based annual audit plans detailing the scope, nature and timing of audit activities.
- Oversee internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
- Closely monitor the timely implementation of the management actions recommended in the audit reports to determine adequacy of corrective actions taken.
- Monitor the trends and developments in the internal audit area and give recommendations for improvement to the management
- Oversee Ad hoc audit investigation as and when required by the management
Minimum requirement:
- Bachelor’s degree in accounting, finance, or related field
- 3-5 years’ professional experience in auditing or a related field
- ACCA, CPA or CIA designation preferred
- Working knowledge of Generally Accepted Auditing Standards (GAAS)
- Strong understanding of insurance industry practices
- Excellent analytical, research, and problem-solving skills
- Familiar with data analysis tools and software.
- Demonstrate integrity, competence and due professional care;
- Free from undue influence (independent).
- Experience in auditing financial institutions and auditing of insurance will be an advantage
- Very good written and oral command of the English language
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience.
Note:
Deadline for applications is not later than 5:00 pm, DECEMBER 31st, 2022.
Only shortlisted applicants will be contacted.
Q-SOURCING SERVTEC IS AN EQUAL OPPORTUNITY EMPLOYER. ANY SOLICITATION WILL LEAD TO DISQUALIFICATION
Legal and Company Secretary at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME: SONARWA LIFE
JOB TITLE: LEGAL AND COMPANY SECRETARY
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of Legal and Company Secretary
Responsibilities:
- Monitor compliance with the legal policies and procedures to ensure compliance with all the laws that govern the business
- Draft and vet routine legal contracts to ensure compliance with the set regulations, and to ensure timeliness in the provision of contract management services for the business
- Provide legal expertise as required to user departments in a timely manner and within the set legal policies and procedures to ensure decisions arrived do not expose the business to risk
- Represent the Company on litigation cases that may arise to ensure that Company interests are protected
- Provide legal advice to senior management on litigation cases arising from the recoveries in order to protect the interests of the Company
- Supervise the provision of service by external legal consultants to ensure delivery of quality and timely legal services
- Provide legal advice to company on all matters on the law especially in relation to insurance including reviewing legal documentation to ensure compliance to set rules and Standards and effective management of legal risks
- Draft Standard contracts and specialized contracts for specific activities within the Company for review by the Head of Legal and Negotiate contracts to which the company is a party
- Oversee company Legal documentation and third-party contracts and ensure that they are properly and promptly executed.
- Continuously monitor and report changes to applicable statutes and regulations on compliance risk
- Prepare legal cases in conjunction with external counsel and monitor progress to ensure prompt resolution of all disputes.
- Review newly instituted matters in relation to financial services and in specific insurance and advise management on what their expectations are
- Research and interpret regulatory requirements of new Insurance products and/or services
- Provide assistance to the operational areas with day-to-day regulatory Insurance compliance issues to the entire Company team
- Provide continuous Legal education and training to relevant departments on legal issues to ensure adherence and compliance to the set regulations
- Assist with handling more complex Insurance regulatory compliance issues facing the company team
- Keep current on national requirements regarding Insurance and communicate issues and new statutory developments to executive team.
- Receive final ruling and ensures it is captured, necessary actions taken and properly filed for future reference.
- Maintain safe custody of the insurance instruments and documents such as organization seal, charged documents and suit papers, and ensure confidentiality and privacy of all legal data of the business.
- Coordinate company matters that include Board agendas, Board papers and minutes, board annual planner, board charter, as well as induction of new board members, to ensure the board is effectively and efficiently facilitated to deliver on its mandate;
- Advise the board on legal matter to ensure that the decision that arrived at the board level do not expose the business to preventable legal risks;
- Maintain the statutory registers and secretarial files to ensure confidentiality, safekeeping from loss and tear ,ease in retrieval, as well as accuracy and completeness of information;
- Prepare and file annual returns in line with the provided guidelines to ensure the company is full compliant;
- Serve in various committees in the business as required by law to ensure expertise is provided;
- Register all patents and logos for the business to ensure full protection of the company intellectual property.
Minimum requirement:
- Bachelor’s degree in law, a master’s degree in law/professional qualification in a related field would be an advantage.
- Minimum experience of five (5) years of managerial experience in the areas of legal and company secretarial function in financial institution’s field.
- Qualified lawyer and admitted to legal practice.
- Company secretarial skills and stakeholder management.
- Strong Technical Skills in Compliance, Contract negotiation and management skills.
- Excellent draft skills with legal flair for various agreements, MOUs, Undertaking, etc;
- Integrity, professional discretion, and ability to handle confidential matters.
- Strong leadership skills and Excellent communication skills.
- Fluency in English, French and Kinyarwanda with excellent writing and oral.
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience.
Application link: https://qsourcingservtec.applytojob.com/apply/lErfUA93YR/QSSRSONARWALCSLEGAL-AND-COMPANY-SECRETARY
Deadline: 31st December 2022
CLICK HERE TO READ MORE AND APPLY
Finance Manager at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME: SONARWA LIFE
JOB TITLE: FINANCE MANAGER
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of Finance Manager
Responsibilities:
- Provide accurate and timely financial information and reports to facilitate the decision-making process to ensure achievement of the insurance’s goals and objectivity;
- Responsible for provision of financial analysis on cash flow, operating costs and variance to determine the financial performance of the business;
- Responsible for preparation of the annual budget and provide periodical reviews on the progress of its implementation;
- Provide oversight in the preparation and maintenance of general ledger, journal entries and reconciliations;
- Participate in the establishment of appropriate financial controls to ensure compliance to internal and external regulations and ensure adequacy of the controls to detect irregularities as they appear;
- Oversee timely preparation of financial and management information reports as per the set regulations and guidelines to inform decision making;
- Ensure timely and proper processing of suppliers invoices for payment; and Oversee preparation and submission of statutory returns
Minimum requirement:
- Bachelor’s Degree in Finance /Accounting or any related field from a recognized Institution;
- Professional certificate such as ACCA, CPA or any other related field;
- Knowledge of Financial Accounting;
- Knowledge of Management Accounting;
- Knowledge of Reporting;
- Knowledge of Reconciliation;
- Knowledge of Budget and Planning;
- Knowledge of Stakeholder Relationship Management;
- Knowledge of Computer Literacy;
- Knowledge International Financial Reporting Standards (IFRS);
- Very good written and oral command of the English language;
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience
Note:
Deadline for applications is not later than 5:00 pm, DECEMBER 31st, 2022.
Only shortlisted applicants will be contacted.
Q-SOURCING SERVTEC IS AN EQUAL OPPORTUNITY EMPLOYER. ANY SOLICITATION WILL LEAD TO DISQUALIFICATION
CLICK HERE TO READ MORE AND APPLY
Head of Risk & Compliance at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME: SONARWA LIFE
JOB TITLE: HEAD OF RISK AND COMPLIANCE
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of Head of Risk and Compliance
Responsibilities:
- Guide the Board to develop and implement a Risk and Compliance Framework to ensure adherence to ethical and regulatory standards
- Develop internal policies relating to Anti Money Laundering within and oversee their implementation to ensure full compliance with international, regional and local regulation and legislation;
- Develop a risk management and compliance culture across the organisation to support the implementation and effective operation of the company;
- Review the compliance of the business with regulatory and supervisory requirements as well as internal policies;
- Advise departments and management on the regulatory implications of future business strategies and activities to mitigate against possible risks;
- Lead due diligence reviews and reporting on the outcome of Anti Money Laundering risk assessments to ensure that remedial action is taken and a record of the same is developed;
- Develop risk management and compliance guidance materials, controls, training resources and internal procedures manual for use by staff;
- Develop business continuity plans and provide appropriate status reports to the Board and Management;
- Build the required risk management and compliance skills and ensure training of the board is carried out to provide a more effective management of risk;
- Represent the Company in industry associations on matters related to risk, compliance and ethics and in interactions with regulators to keep up to date with changes in the industry;
- Drive and embed appropriate risk culture across through continuous communication programs and appropriate training;
- Work with the Head of IT to access the risk of technology and development of relevant mitigation measures;
- Assign duties and oversee activities of staff in the Compliance Department to ensure efficient service delivery and achievement of the department’s mandate; and
- Conduct the hiring, training, and performance evaluation of compliance staff in liaison with Human Resource department to ensure that the staff carrying out their duties in an effective and satisfactory manner that is contributing to the overall business objectives.
Minimum requirement:
- Master’s or equivalent in risk management, actuarial science, audit, finance, accounting, economics, business or public administration or related field;
- Possess professional certificate in risk management and compliance will be an added value;
- Minimum 5 years of progressively relevant professional work experience in risk management, compliance, policy development, training and capacity building or related field, of which preferably 3 years acquired in managerial position;
- Ability to define work goals and attain them;
- Strong analytical skills with capacity to innovate/create;
- Excellent drafting and oral communication skills;
- Strong inter-personal skills to work within a team in a multi-cultural environment;
- Ability to adapt own approach to suit changing circumstances or requirements;
- Client oriented with ability to identify client needs and suggest appropriate solutions;
- Experience with Enterprise Risk Management (ERM) frameworks system;
- Very good written and oral command of the English language;
- Knowledge of French and Kinyarwanda is an added advantage.
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience.
Note:
Deadline for applications is not later than 5:00 pm, DECEMBER 31st, 2022.
Only shortlisted applicants will be contacted.
Q-SOURCING SERVTEC IS AN EQUAL OPPORTUNITY EMPLOYER. ANY SOLICITATION WILL LEAD TO DISQUALIFICATION
Head of Human Resources Management at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME:SONARWA LIFE
JOB TITLE:HEAD OF HUMAN RESOURCES MANAGEMENT
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of Head of Human Resources Management
Responsibilities:
- Develop the human resource strategy for company drawn from the overall company’ strategy to ensure the human resources department activities support achievement of future goals and needs of the company;
- Develop the budget required for the delivery of the human resource strategy to facilitate successful implementation and seamless flow of activities;
- Conduct workforce planning through monitoring company’s business strategy to make sure it has enough workers with the right skills at the right time;
- Perform training needs analysis and organize annual training programs for the staff to ensure they stay updated with the relevant technical skills;
- Serve as a link between management and employees by handling questions, interpreting and administering contracts and helping resolve work-related problems to facilitate efficient operations;
- Advise managers on organizational human resources policy matters and recommend needed changes to enhance compliance with regulatory requirements;
- Develop and administer compensation and benefits policies to establish competitive remuneration programs to ensure equality in pay and also enhance the employee retention rate;
- Plan and conduct new employee orientation programs to foster positive attitude toward organizational objectives and enhance smooth onboarding;
- Coordinate work activities of subordinates and staff in both companies’ Human Resource department to ensure achievement of the department’ mandate;
- Conduct performance management review for the staff in the Human Resource department and facilitate organization wide performance management and to assess and ensure that the employees are carrying out their duties in effective and satisfactory manner; and
- Conduct the hiring, training, and performance evaluation of Human Resources staff in liaison with Human Resource department to ensure that the staff carrying out their duties in an effective and satisfactory manner that is contributing to the overall business objectives.
Minimum requirement:
- A Bachelor’s Degree in a relevant field
- A Master’s Degree is an added advantage;
- Minimum of 5 years of relevant experience in an HR function and office administration preferably in financial industry of which 3 years acquired in managerial position;
- Basic understanding of human resource functions.
- Knowledge of all related computer applications;
- Understanding of human resource reporting and recordkeeping requirements;
- Knowledge of management of sensitive and confidential information;
- Ability to adapt to and manage a changing environment;
- Strong sense of urgency, integrity & drive for success;
- Experience in learning, understanding and competently communicating in complex situations is required;
- Strong organization and time management skills;
- Attention to details and ability to work under pressure;
- Leadership Skills and high degree of Integrity;
- Timely, accurate and quality reporting;
- Good communication and interpersonal skills;
- Decision making & Problem solving;
- Initiative, creative & innovative;
- Ability to perform all duties assigned with little or no supervision yet effectively.
- Very good written and oral command of the English language;
- Knowledge of French and Kinyarwanda is an added advantage.
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience.
Note:
Deadline for applications is not later than 5:00 pm, DECEMBER 31st, 2022.
Only shortlisted applicants will be contacted.
Q-SOURCING SERVTEC IS AN EQUAL OPPORTUNITY EMPLOYER. ANY SOLICITATION WILL LEAD TO DISQUALIFICATION
Head of Corporate Business at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME:SONARWA LIFE
JOB TITLE: HEAD OF CORPORATE BUSINESS
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of Head of Corporate Business
Responsibilities:
- Develop and implement a strategy for corporate sales to support alignment with the overall growth objectives of the business;
- Identify and seek resources required to deliver the sales strategy to support the achievement of the agreed corporate sales targets;
- Provide support to the corporate sales team in closing complex sales deals to assist the achievement of sales targets;
- Liaise with the agency team on corporate sales to ensure the contribution of the team in the achievement of the corporate sales targets;
- Prospect for new clients by networking, cold calling, advertising or other means of generating interest from potential clients to ensure the achievement of the corporate sales targets;
- Initiate, grow and maintain a robust network from which to generate a pipeline of opportunity for business development;
- Establish relationships with both the potential and existing customers to support the retention as well as the opportunity to cross sell;
- Identify and implement strategies to enhance the existing relationships both internal and external in order to leverage on them for sales;
- Provide feedback to the underwriting and claims management team on the quality of service provided to ensure appropriate gaps are filled in order to retain customers;
- Participate in the development and pricing of new products and services to ensure the availability of products and services that resonate with the corporate clients;
- Identify opportunities to assist garner information on market trends to advise develop a sales strategy for the corporate clients through products, services and distribution channels;
Minimum requirement:
- A Bachelor’s Degree in a relevant field, while a Master’s degree is an added advantage;
- Five (5) years’ relevant working experience;
- Communication skills;
- Building relationships;
- Focuses on the customers;
- Develops self and other;
- Solves problems;
- Manages quality and risk;
- Managing change and ambiguity;
- Managing and executing strategy;
- In depth understanding of insurance operations and concepts;
- Knowledge of insurance regulatory requirements;
- Knowledge of underwriting processes, procedures, and concepts;
- Very good written and oral command of the English language;
- Knowledge of French and Kinyarwanda is an added advantage.
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience.
Application link: https://qsourcingservtec.applytojob.com/apply/m2HHb0OWEB/QSSRSONARWAHEAD-OF-CORPORATE-BUSINESSHCB
Deadline: 31st December 2022
CLICK HERE TO READ MORE AND APPLY
Chief Executive Officer at SONARWA Life: (Deadline 31 December 2022)
COMPANY NAME: SONARWA LIFE
JOB TITLE: CHIEF EXECUTIVE OFFICER JD
SONARWA Life Assurance Company Limited (SONARWA LIFE) a public Limited Liability company registered under the laws of Rwanda and licensed by the National Bank of Rwanda to transact the business of Life Assurance & Pension management is looking to recruit a competent & experience person to take on the role of CEO
Responsibilities:
- Lead the Senior management of SONARWA Life’s business, consistent with the strategy and commercial objectives agreed by the Board;
- Lead and oversee the implementation of SONARWA Life’s long and short-term plans in accordance with its approved strategy;
- Plan and direct the company’s activities to achieve the stated/agreed targets and standards for performance;
- Prepare regular and periodic reports to the board that provide a strategic direction and qualitative assessment on the achievement of the planned goals;
- Drives implementation of policies and recommendations made by the board;
- Report to shareholders on the organizational plans and performance;
- Oversees effective internal controls and management information systems and ensure they are in place to support the company’s operations;
- Ensure that SONARWA Life has appropriate systems to enable it to conduct its activities efficiently, effectively, lawfully and ethically;
- Serve as the primary spokesperson and representative for SONARWA Life and ensure that the organization and its mission, programs, and services are consistently presented in a strong, positive image to relevant stakeholders;
- Ensure that the Directors are properly informed, and that sufficient information is provided to the Board to enable the Directors to form appropriate judgments;
- Oversees that SONARWA Life maintains high standards of corporate citizenship and social responsibility in all environments in which it operates;
- Monitor the performance of each department against targets set and monitors the company’s overall performance;
- Oversees the preparation of company budgets for presentation to the Board;
- Conduct periodic review to ensure overall expenditure is within budget;
- Investigates reasons for budget variance and establish ways to reduce the variance;
- Recruit, select and develop executive team members to ensure that SONARWA has the right competence to drive the achievement of its strategic objectives.
Minimum requirement:
- Hold a Master’s degree in a Business-related field from a recognized institution;
- Possess professional qualification(s) in Insurance will be an added value;
- Be a member in good standing of a recognized professional body;
- Have knowledge and experience of not less than Ten (10) years of relevant work experience with at least Five (5) years served in senior management position in a comparable role;
- Possess strong knowledge of the insurance industry and a proven track record in business growth;
- Have thorough understanding of financial management, regulatory compliance, board management and demonstrable commercial and investment acumen;
- Very good written and oral command of the English language;
- Knowledge of French and Kinyarwanda is an added advantage;
- The selected candidate will be subject to the (BNR) regulatory approval.
How to Apply:
If you believe you can clearly demonstrate your abilities to meet the relevant criteria for the role above, please submit your application including copies of your academic and professional certificates, testimonials, and your curriculum vitae, including among other details your current position, email and telephone contacts of three (3) referees familiar with your qualifications and work experience.
Application link: https://qsourcingservtec.applytojob.com/apply/8k74YvZ24S/QSSRSONARWACHIEF-EXECUTIVE-OFFICERCEO
Deadline: 31st December 2022
CLICK HERE TO READ MORE AND APPLY
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