Last Updated on July 13, 2023
Applications are invited from interested and suitably qualified and eligible candidates for the Policyholders Compensation Fund (PCF) Recruitment 2023.
The Policyholders Compensation Fund (PCF) is a State Corporation under the Ministry for Finance that was established through Legal Notice No.105 of 2004 and commenced its operations in January 2005. The Fund was established for the primary purpose of providing compensation to policyholders of an insurer that has been declared insolvent and for the secondary purpose of increasing the general public’s confidence in the insurance sector. The decision to establish the Fund was informed by the collapse of several Insurance companies prior to the year 2005
We are recruiting to fill the positions below;
- Deputy Director, Insurance Services
- Principal Officer, Insurance Services – 2 Posts
- Senior Legal Officer
Deputy Director, Insurance Services
Job Ref. No: PCF/01/2023
Job Competencies (Knowledge, Experience and Attributes / Skills).
Academic qualifications
- Master’s Degree in the following fields: Commerce, Actuarial Science, Finance, Insurance, Economics, Business Administration or its equivalent from recognized and accredited institution.
- Bachelor’s Degree in the following fields: Commerce, Actuarial Science, Finance, Insurance, Economics, Business Administration or its equivalent from recognized and accredited institution.
Professional Qualifications / Membership to professional bodies
Professional qualifications in Insurance/ Finance/ ICT/Laws/ Risk
- Management/Audit or equivalent qualification.
- Membership to the Chartered Insurance Institute/ Insurance Institute of Kenya/ Institute of Certified Investments and Financial Analysts/ law society of Kenya or equivalent professional body in good standing.
- Leadership Course lasting not less than six (6) weeks from a recognized institution.
- Proficiency in Computer Applications
- Fulfil the requirements of Chapter Six (6) of the Constitution of Kenya (2010).
- Previous relevant work experience required.
- At least ten (10) years’ proven experience in a relevant field five (5) years of which
- must be at the level of supervisory management.
Functional Skills, Behavioural Competencies/Attributes:
- Strategic Thinking
- Change Leadership
- Communication with impact.
- Analytical, problem solving and decision-making skills
- Policy formulation skills
- Interpersonal & team management skills.
- Collaborations and partnerships
- Resilience
- Legal and regulatory framework
- Negotiation skills
- Flexibility
- Change and Risk management
- Financial management and budgeting
- Performance management skills
- Coaching and mentoring skill
Principal Officer, Insurance Services – 2 Posts
Job Ref: PCF/02/2023
Job Competencies (Knowledge, Experience and Attributes / Skills).
Academic qualifications
- Master’s Degree in the following fields: Commerce, Actuarial Science, Finance, Insurance, Economics, Business Administration or its equivalent from a recognized and accredited institution.
- Bachelor’s Degree in any of the following fields: Commerce, Actuarial Science, Finance, Insurance, Economics, Business Administration or its equivalent from a recognized and accredited institution.
Professional Qualifications / Membership to professional bodies
- Professional qualifications in Insurance/ Finance/ ICT/Laws/ Risk Management/Audit or equivalent qualification.
- Membership to the Chartered Insurance Institute/ Insurance Institute of Kenya/ institute of certified investments and Financial Analysts/ law society of Kenya/ or equivalent professional body in good standing.
- Senior Management course lasting no less than four (4) weeks from a recognized institution.
- Proficiency in computer applications.
Previous relevant work experience required.
- A Minimum period of eight (8) relevant work experience, three (3) years of which must have been in a supervisory role
Functional Skills, Behavioural Competencies/Attributes:
- Change and Risk Management
- Legal and Regulatory Framework
- Team Management skills
- Coaching and mentoring
- Time management
- Analytical & problem-solving skills.
- Communication & interpersonal skills.
- Negotiation skills.
- Reporting skills.
- Managerial skills.
- Customer focus
- Technologically savvy
Senior Legal Officer
Ref: PCF/03/2023
Operational Responsibilities / Tasks
- Interpret legal cases as assigned.
- Develop and implement legal agreements and contracts in liaison with relevant departments.
- Assess areas where gaps exist in the laws, regulations, codes, rules and manuals to enhance the mandate of the Fund.
- Ensure compliance with the legal framework, agreements, and contracts.
- Prepare legal opinions on legal cases.
- Carry out research on emerging legal issues that affect the Fund.
- Attend court from time to time and advice on documentation to be filed in court in cases where the Fund is a party and monitor progress of court cases.
- Provide input in preparation of witness statements in liaison with external advocates.
- Identify legal and compliance risks and issues relative to the Fund’s intended actions.
- Advise on risk and compliance measures arising from court judgments and rulings.
- Undertake conveyancing for the Fund’s properties and assist with preparing leases and agreements where Fund is leasing out.
- Negotiate, draw and review the Contracts, agreements and other legal documents.
- Represent the Fund in dispute resolution processes and litigation.
- Participate in the implementation of directorate’s policies, strategies, procedures and plans.
- Initiate legal action on behalf of the Fund on recovery measures.
- Provide day to day legal and regulatory support to the functional areas covering general compliance queries and reviews.
Job Competencies (Knowledge, Experience and Attributes / Skills).
Academic qualifications
- Bachelor’s Degree in Law from a recognized and accredited institution.
- Post Graduate Diploma in law from the Kenya School of Law.
Qualifications / Membership to professional bodies
- Advocate of the High Court of Kenya.
- Member, Law Society of Kenya.
- Hold current/valid practicing certificate.
- Supervisory skills course lasting not less than two (2) weeks from a recognized institution.
- Proficiency in computer applications.
- Previous relevant work experience required.
- At least four (4) years relevant work experience.
Functional Skills, Behavioural Competencies/Attributes:
- Planning and organizing skills
- Analytical and problem-solving skills
- Communication & interpersonal skills.
- Legal and regulatory framework
- Negotiation skills.
- Reporting writing and presentation skills.
- Knowledge management skills.
Method of Application
General Application Requirements
Interested candidates, who must be Kenyan citizens, should submit their applications including copies of their academic and professional certificates, a copy of the National Identity Card or valid passport, an updated Curriculum Vitae (CV) detailing academic and professional qualifications, email address and a daytime telephone number(s). The CV should also include the email and telephone contacts of three (3) referees who can speak on your competence, character and integrity. All application must contain the reference number and job title on the subject matter (on letter or email) and on the envelope.
Other key requirements
Successful candidates in the interviews will be required to present and satisfy the requirement of Chapter Six of the Constitution of Kenya 2010 by providing original copies of the following documents as an employment condition:
- A certificate of Good Conduct from the Directorate of Criminal Investigations (DCI);
- A Clearance Certificate from the Higher Education Loans Board (HELB)
- A Tax Compliance Certificate from the Kenya Revenue Authority (KRA)
- Clearance certificates from the Ethics and Anti-Corruption Commission (EACC) i.e. Completed First Schedule (s.13) and a self-declaration form
- A clearance Certificate from an Approved Credit Reference Bureau (CRB) in Kenya
Application
Applications should be received on or before close of business Monday 31st July 2023 via post/courier services, hand delivery or email to:
The Managing Trustee
Policyholders Compensation Fund
KWFT Center, 6th Floor
Masaba Road – Upper Hill
P O Box 24203 – 00100 NAIROBI
Email: recruitment@pcf.go.ke
PCF is an equal opportunity employer. Canvassing of any kind will lead to automatic disqualification. Women, Youth and Persons with Disabilities are encouraged to apply. Only shortlisted candidates will be contacted.