5 Job Positions at ITM Africa Ltd: (Deadline 27 October 2023)
Strategy and Actuarial Manager at ITM Africa Ltd: (Deadline 27 October 2023)
Strategy and Actuarial Manager Job Application
JOB VACANCY
POSITION: Strategy and Actuarial Manager
Location: Kigali, Rwanda
ITM Africa Ltd, an international company specializing in all HR solutions is assisting Sonarwa General to recruit a Strategy and Actuarial Manager
Purpose of role:
The purpose of the job is to provide actuarial services including but not limited to valuations, Asset-Liability management, Business analytics and Strategy execution towards achieving the strategy, profitability and risk management of the company
What you will do:
- Develop a capital management model for each business unit and where necessary for the company at large, define optimal capital requirements and continually review the capital model based on the risk profile of business undertaken by the company;
- Provide input into underwriting strategy and rules for General Insurance business to ensure they are well understood and adhered to;
- Identify areas for improvement in modelling work including valuation, pricing and appraisal value work and reporting processes and drive improvement initiatives;
- Conduct actuarial Valuations for Sonarwa, that is, calculate the technical reserves using appropriate actuarial methodology, for financial reporting, regulatory reporting and group reporting;
- Review and provide input into underwriting strategy and rules and advise management on solvency adequacy and provide recommendations;
- Carry out General Insurance consulting work including business planning, capital allocation and management, information system design and product development for General Insurance products;
- Analyse statistical data in order to determine rates for different risks in acceptance of proposals for new policies and products in conjunction with the underwriting department;
- Provide ad hoc support to Business Units in Sonarwa on business planning, experience studies and assumption setting, capital modelling etc;
- Conduct actuarial audits for General Insurance in the company to ensure that the set standards and procedures are being followed;
- Make recommendations to existing products based on market needs, existing product performance, and competitor analysis, in order to increase sales volume and profitability;
- Liaison with the risk and compliance department in the measurement/quantification of operational risk in General Insurance business;
- Supervise, mentor and coach staff under supervision to offer leadership and guidance as they carry out strategy and actuarial services; and
- Provide guidance in the production of all actuarial calculations, results and executive summary reports to the actuarial assistant.
You will be a good fit if you have:
Professional, academic qualifications and experience
- Master Degree in Actuarial studies, Mathematics, Physics, Statistic, Insurance, or Finance with strong mathematics background
- Five (5) years of experience in Life /General General Insurance company or actuarial consulting firm
Other skills desirable:
- Must have sound analytical ability
- Maintain high standards of professionalism and ethics Statistical techniques
- Proficient knowledge on the insurance industry in Rwanda
- Communication skills
- Building Relationships
- Manages Quality and Risk
- Managing Change and Ambiguity
- Managing and Executing Strategy
- Must have, or demonstrate ability to develop, strong interaction with clients
- Good problem solver and quick learner
- Proficiency in Excel and Word Programmes
- Must be a Team Player
Application link: https://docs.google.com/forms/d/e/1FAIpQLSeepff5ONmv9C1FneofbByFxR5zfSs3FcgN-tCY10bhXR5oVg/viewform
Application deadline: 27th October 2023.
Finance Manager at ITM Africa Ltd: (Deadline 27 October 2023)
Finance Manager Job Application
JOB VACANCY
POSITION: Finance Manager
Location: Kigali, Rwanda
ITM Africa Ltd, an international company specializing in all HR solutions is assisting Sonarwa General to recruit a Finance Manager
Purpose of role:
The purpose of the position is for the development and maintenance of accounting principles, practices and procedures to ensure accuracy and timeliness of the financial statements
What you will do:
- 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 cashflow, 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.
You will be a good fit if you have:
Professional, academic qualifications and experience
- Bachelor’s Degree in Finance /Accounting or any related field from a recognized Institution.
- Association of Charted Certified Accountant (ACCA)/Certified Public Accountant (CPA)
- Minimum of Five (5) years of similar work experience.
Other skills desirable:
- Financial Accounting
- Management Accounting
- Reporting
- Reconciliation
- Budget and Planning
- Stakeholder relationship Management
- Computer Literacy
- Knowledge International Financial Reporting Standards (IFRS)
Application link: https://docs.google.com/forms/d/e/1FAIpQLSc4j3ezbqbcHTumEtpjClY6nneTmOhdgtv1Y0dq5tBP4YrqkQ/viewform
Application deadline: 27th October 2023.
Compliance Manager at ITM Africa Ltd: (Deadline 27 October 2023)
Compliance Manager Job Application
JOB VACANCY
POSITION: Compliance Manager
Location: Kigali, Rwanda
ITM Africa Ltd, an international company specializing in all HR solutions is assisting Sonarwa General to recruit a Compliance Manager
Purpose of role:
The position holder is responsible for the development and implementation of comprehensive compliance programs which ensures adherence to all applicable internal and external regulations.
What you will do:
- Oversee the development, update and implementation of a comprehensive compliance program to support businesses;
- Develop and maintain knowledge of industry trends and changes in insurance, product legislation/regulation and make recommendations for changes;
- In liaison with the Head Risk and Compliance, formulate departmental policies, strategic plans and procedures for the compliance function;
- Use available tools to evaluate compliance programs to determine effectiveness and devise solutions to address new legal and regulatory developments;
- Perform on-going compliance risk assessments, testing and monitoring and facilitate remediation of control deficiencies based on observations or findings from compliance monitoring and internal audit; and
- Assess organization’s performance with regards to compliance and prepare reports to inform decision making.
You will be a good fit if you have:
Professional, academic qualifications and experience
- Bachelor’s Degree in Insurance, Business Administration, Accounting and any other related.
- At least Five years of experience in relevant field.
Other skills desirable:
- Good understanding of the Insurance regulations
- Understand risk Management of risk management
- Knowledge of best practice risk frameworks
- Business Acumen
- Strategic Leadership
- Excellent communication skills both written and oral
Application link: https://docs.google.com/forms/d/e/1FAIpQLSciG5w_duSbk4ey_F5rnXMoeOmfESTIwKYeOR6Vz19oS_-xXA/viewform
Application deadline: 27th October 2023.
Marketing and PR Manager at ITM Africa Ltd: (Deadline 27 October 2023)
Marketing & PR Manager Job Application
JOB VACANCY
POSITION: Marketing & PR Manager
Location: Kigali, Rwanda
ITM Africa Ltd, an international company specializing in all HR solutions is assisting Sonarwa General to recruit a Marketing & PR Manager
Purpose of role:
The position holder is responsible for the implementation of Sonarwa’s Marketing and public relation strategy, to develop graphics and promotional material to ensure timely availability of quality marketing content for the successful implementation of the Sonarwa’s marketing plan.
What you will do:
- Analyze business developments and monitor market trends and use the findings to inform strategic actions to enhance the competitive standing of Sonarwa in light of market trends in the insurance sector;
- Recommend modifications to products characteristics to enhance their market relevance and enhance their suitability to meet customer needs;
- Coordinate the promotional activities to generate interest on Sonarwa’s products from potential customers and increase its market share;
- Develop social media strategy and oversee management of social media platforms to improve social media presence of Sonarwa;
- Liaise with the IT department in updating of marketing content on the Sonarwa’s website to ensure the data is updated and accurate at all times;
- Design and produce internal and external publications such as newsletters, brochures, fliers, and memos for timely execution of marketing activities;
- Control the quality of promotional materials and merchandise during production to ensure value for money for Sonarwa; and
- Create marketing support materials & templates that include adverts press release templates, corporate social responsibility pictorials, based on an approved thematic style for timely implementation of marketing activities.
- Develop and implement the customer service strategy for Sonarwa by aligning customer service activities and initiatives to support and enhance the objectives of the organization;
- Develop and control the departmental budget to ensure availability of adequate resources for customer service operations;
- Establish the Customer Service Charter to provide customer service standards that ensure the delivery of quality services to all clients;
You will be a good fit if you have:
Professional, academic qualifications and experience
- Bachelor’s Degree in Commerce, Business Management or a relevant field.
- Five (5) year experience in Marketing & PR
Other skills desirable:
- Graphic design
- Brand management
- Supplier management
- Ability to work under pressure
- Communication skills
- Interpersonal skills
Application link: https://docs.google.com/forms/d/e/1FAIpQLSegiraU93lfTzJ0jv1__AeP-9JVId1UBOI3nklQ_nOaXSefig/viewform
Application deadline: 27th October 2023.
ICT Security Specialist at ITM Africa Ltd: (Deadline 27 October 2023)
ICT Security Specialist Job Application
JOB VACANCY
POSITION: ICT Security Specialist
Location: Kigali, Rwanda
ITM Africa Ltd, an international company specializing in all HR solutions is assisting Sonarwa General to recruit an ICT Security Specialist
Purpose of role:
The position holder is responsible for the development and implementation of information security management policy, implementation of elements of the protective security management policy and provision of associated expert security advice in relation to ICT related matters
What you will do:
- Develop ICT security plans & Controls that ensure that ICT security is not compromised;
- Assess the vulnerability to evaluate the effectiveness of existing controls and work closely with both internal & external auditors, Risk dept. and business units and other 3rd party auditors and testers to pre-empt, mitigate, and swiftly respond to any audit findings that require action;
- Ensure that the rules of use for information systems and the administrative procedures for information Systems comply with Sonarwa’s information security policies;
- Conduct trainings to Sonarwa staff on Information Security policies and promote best practice on information security;
- Develop and implement Disaster Recovery, Data Sensitivity, Back-up and Recovery, and Disaster Recovery Plans and Procedures. (BCP);
- Tests Sonarwa’s core systems data processing operations to identify potential problem areas and single points of failure that may result in interruptions to critical data processing operations and recommend additional external support where applicable;
- Develop IT disaster recovery plans to ascertain timely and continuous system availability for Sonarwa;
- Conduct assessments into information security threats reported to ensure interventions are implemented promptly;
- Recommend and implement new innovations that increase Sonarwa’s information security in compliance with changes in regulations and market trends
- Analyse reports on attempted and actual systems attacks and develop recommendation to handle the attacks and mitigation measures against future attacks
- Provide advice on the business potential areas of threats for new IT based product development
- Monitor current reports of computer viruses to determine when to update virus protection systems
You will be a good fit if you have:
Professional, academic qualifications and experience
- Bachelor’s Degree in Computer Science, computer engineering, information systems or any other relevant degree
- Relevant Master’s degree from a recognized institution
- Relevant professional qualifications in IT e.g. Cisco Certified Network Associate
- Knowledge in software, Hardware, Systems Administration, Network Technology
- Experience in enterprise security architecture design
- Experience in designing and delivering employee security awareness training
- Experience in developing Business Continuity Plans and Disaster Recovery Plans
Other skills desirable:
- Supervisory Skills
- Conflict management
- Organisation skills
- Innovation ability
- Ability to work under pressure
- Budgeting knowledge,
- Knowledge of relevant legislation,
- Knowledge of professional standards,
Application link: https://docs.google.com/forms/d/e/1FAIpQLSciE0-hvUmQcYcdUDW2-SsJsjZfjSf1jq0DM32cf3WGXNmReA/viewform
Application deadline: 27th October 2023.
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