The following vacancy has arisen within First Mutual Reinsurance Holdings and applications are invited from suitably qualified and experienced persons to fill the vacancy. This role will be based in Kigali, Rwanda.

About First Mutual Reinsurance Holdings

First Mutual Reinsurance Holdings, which incorporates FMRE Property & Casualty Botswana and First Mutual Reinsurance Zimbabwe, is a pan-African reinsurance group domiciled in the Republic of Botswana and one of the most noticeable and leading reinsurance groups in Africa, South of the Sahara. Besides the traditional segments of reinsurance, the company has a clear orientation towards underwriting of specialty lines of reinsurance in its selected markets. The group exhibits a strong customer value proposition through its great security profile, a global but local specialised skill set and talent. Further to its established leadership in risk knowledge, the company has been actively involved in the development of African underwriting and risk knowledge capacity through technical training on various insurance specialisations including agriculture, liability insurance, engineering insurance and emerging risks. All its reinsurance products are backed by a comprehensive range of risk management services and technical support embedded in its core offerings.

The Job

Reporting to the Chief Executive Officer – First Mutual Reinsurance Cluster, the successful candidates will be responsible for the following: 

  • Strategy development and execution for business growth and profitability.
  • Developing and implementing effective operational strategies for the entity.
  • Financial management and budgetary control.
  • Business development, growth, and retention in line with strategic and business plans.
  • Formulating & implementing business risk management including compliance and managing the actuarial cycle of the company.
  • Enterprise risk management for the company and mitigation for business continuity.
  • Stakeholder mapping and management.
  • Staff leadership and development.

The Person:

  • A relevant degree in Insurance and Risk Management, Actuarial Science, Statistics, Engineering or Agriculture. Relevant insurance and/or actuarial science professional qualification.
  • Fluency in both French and English is a requirement.
  • Master’s degree in Insurance and Risk Management, Actuarial Science or MBA would be a distinct added advantage. Ten (10) years’ relevant experience, five (5) of which should be at senior or executive level in an insurance environment.
  • Exceptional networking skills, systems thinking skills and appreciation of the dynamics of health insurance business. Knowledge and experience in the local, regional, and African insurance markets Knowledge of SICS/NT is an added advantage.

Application Instructions

Candidates meeting the above criteria should forward their Curriculum Vitaes (CVs) and application letters to Group Human Resources via the apply button. Applications should be sent by and not later than Sunday, 23rd June 2024.

Kindly note that we will only respond to shortlisted candidates. If you do not receive communication from us within 30 days of the closing date of the application, your application would not have been successful.