Chief Finance Officer at Directline Assurance Company Limited

Directline Assurance Company Limited was licensed in October 2005 and commenced operations in November 2005 The Company is the first Kenyan niche underwriter focusing solely on motor vehicle insurance. The Company has grown to be the largest PSV underwriter in Kenya with a market share of approximately 60% at the end of the year 2015. It is one of the larges...

 

Chief Finance Officer

  • Job TypeFull Time
  • QualificationBA/BSc/HND , MBA/MSc/MA
  • Experience10 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit 

ROLES AND RESPONSIBILITIES

  • Develop and execute a robust financial strategy in alignment with corporate goals and industry regulations.
  • Lead annual planning, budgeting, and forecasting processes with accountability for financial targets.
  • Ensure timely and accurate preparation of financial statements in compliance with IFRS (especially IFRS 17).
  • Coordinate audits and ensure compliance with statutory, tax, and regulatory obligations under the Insurance Act.
  • Serve as a financial advisor to the CEO and Board, offering insights to support governance and strategy.
  • Build a high-performing finance team with capabilities in analytics, compliance, and insurance finance.
  • Work with actuaries to manage technical provisions and reinsurance strategy.

EDUCATION AND PROFFESIONAL QUALIFICATIONS

  • Bachelor's Degree in Finance, Accounting, Economics or a related discipline from a recognized University.
  • Masters degree (MBA, MSc Finance) will be an added advantage.
  • Professional certification in CPA (K), ACCA, CFA, or CIMA.
  • Active membership in a recognized professional body (ICPAK, ACCA).

EXPERIENCE

  • Minimum of 10 years progressive experience in senior financial roles, at least 5 of which should be in the insurance or financial services sector.
  • Strong familiarity with the Kenyan insurance regulatory framework and market environment.
     

Check if your CV matches this job with MyJobMag AI

Method of Application

Send Your application documents To: human.resource@directline.co.ke  by 5.00pm Friday, 20th June 2025.
 

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