Insurance Accountant in Nairobi Municipality, Kenya

Banking / Financial Services
Minimum Qualification
Bachelor's Degree
Required Experience
7 - 10 years
Employment Type
Full Time
Male or Female
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Job Description

Reporting to the Group Head of Bancassurance, the role holder will be responsible for the overall financial strategy and reporting for the Insurance Agency and ensuring all activities are in compliance with the Group’s financial policies and procedures and regulatory requirements.


Take charge of the finance function and ensure the development of the financial management strategy and sound financial management systems for the Insurance Agency

Preparation of management accounts, financial statements and financial reporting

Preparation and management of Budgets and financial forecasts

Ensure efficient debt collection and prudent cash management

Effective financial analysis and provision of relevant reports for business use

Ensuring accounting principles and controls are applied to all financial transactions

Coordinating internal and external audits, as well as ensuring timely implementation of audit recommendations

Supervise and develop staff in finance department to achieve departmental objectives

Manage Cost, cash flow and ensure timely supplier payments within company policy

Ensure timely submission of required returns to regulatory bodies

Ensuring efficient tax planning and tax compliance


Fully qualified Accountant (CPA, ACCA or equivalent)

University degree in Business with specialization in Finance, Accounting or Business Management

At least 7 years’ experience in financial management and reporting three (3) of which must be at management level in the insurance industry preferably within an insurance intermediary

Be a Member of a professional body (ICPAK)/ ACCA

Experience in Bancassurance will be an added advantage.

Strong leadership and interpersonal skills

Team player

Good planning and organization skills

Proven working experience with Microsoft Office software, accounting packages and ERP systems

Good knowledge of IFRS

Excellent Communication and report writing skills

Logical and analytical skills.

Should be of high integrity and honesty

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