4 VACANCIES – NAIROBI & MERU | JUBILEE INSURANCE | ESTIMATED KES 100K-300K MONTHLY

Position Titles & Vacancies:

Senior Business Process Analyst (Nairobi)
Branch Manager – Meru (Meru)
Security Analyst (Nairobi)
Portfolio Manager (Nairobi)

Locations: Nairobi & Meru, Kenya
Employment Type: Full-Time
Number of Vacancies: 4
Application Deadline: December 31, 2025
Category/Department: Business Analysis / Branch Management / Security / Investments
Salary: Estimated KES 100,000 – 300,000 Monthly (Note: This is an estimate based on 2025 market data from BrighterMonday Kenya and Glassdoor for mid-senior roles in insurance/finance. Final salary determined by Jubilee Insurance.)

Introduction

Jubilee Insurance, established in 1937 as the first locally incorporated insurer in East Africa and now the largest composite insurer handling Life, Pensions, General, and Medical insurance, is recruiting for 4 key positions: Senior Business Process Analyst, Branch Manager (Meru), Security Analyst, and Portfolio Manager to drive efficiency, growth, security, and investment excellence.

These full-time roles demand analytical, leadership, technical, and financial expertise in insurance operations. Ideal for experienced, results-driven professionals passionate about financial protection and innovation, this opportunity aligns with Kenya’s KES 300 billion insurance sector and Vision 2030’s financial inclusion goals. These roles suit strategic, client-focused experts ready for impactful contributions in a leading regional insurer.

About Jubilee Insurance

Jubilee Insurance was established in August 1937 as the first locally incorporated Insurance Company based in Mombasa. Jubilee Insurance has spread its sphere of influence throughout the region to become the largest Composite insurer in East Africa, handling Life, Pensions, general and Medical insurance.

Jubilee fosters a culture of trust, innovation, and client protection, delivering comprehensive solutions. For professionals, Jubilee provides growth, stability, and meaningful impact in financial security.

Job Descriptions (Word-for-Word from Original)

1. Senior Business Process Analyst (Nairobi)

Job Ref. No: JHL 040

Role Purpose
The Senior Business Process Analyst is responsible for identifying, documenting, analysing, and improving business processes through process review and reengineering initiatives. This is to drive business efficiency through standardization and definition of process performance metrics to inform continuous improvement. The role involves working with cross-functional teams to achieve optimal business processes for the organization while managing systematic process changes with all stakeholders to ensure business operations are consistent with updated processes.

Academic Qualifications

Bachelor’s degree in business administration, IT, or any other related field.
BPM certification (Lean Six Sigma Green Belt / ABPMP) or experience with Kaizen.
Professional qualifications in Project Management and change management are an added advantage.

Relevant Experience

5+ years’ cumulative experience with 3+ years in business process analysis, process documentation, and process automation/Innovation/Reengineering.
Detailed understanding of the BPMN 2.0 mapping and flowcharts.
Detailed understanding of policy, process, procedures, and operating instructions.
Knowledge of process improvement methodologies.
Demonstrate strong collaboration across all levels of the organization.
Analytical, written, and verbal communication skills.
Attention to detail, problem-solving, and decision-making skills.
Specific exposure to insurance industry or financial services sector an added advantage.

2. Branch Manager – Meru (Meru)

Job Ref. No: JAML065

Role Purpose
The Branch Manager – Retail Distribution (Meru) will be responsible for driving the growth, profitability, and operational excellence of the branch. The role holder will oversee all branch activities, including retail distribution, client relationship management, team leadership, and service quality assurance. This position plays a pivotal role in executing Jubilee Asset Management’s retail strategy by expanding market reach, increasing assets under management (AUM), and fostering a culture of exceptional client experience. The Branch Manager will lead a high-performing team of Team Leaders and Dedicated Financial Advisors (DFAs), ensuring achievement of branch sales targets and alignment with the company’s vision of becoming the region’s most trusted and innovative investment partner.

Academic Qualifications

Bachelor’s Degree in Business Administration, Finance, or a related field. Master’s degree is a plus.

Relevant Experience

At least 5–7 years of experience in financial services, asset management, or investment-related roles, with at least 4 years in a management role.

3. Security Analyst (Nairobi)

Job Ref. No: JLIL 369

Role Purpose
The Security Analyst will be responsible for identifying, analysing, and mitigating security threats and vulnerabilities across the organisation’s operational environments. The role focuses on proactive security testing, threat simulation, and vulnerability assessments to strengthen the organisation’s cyber resilience, support regulatory compliance, and enhance the overall security posture of the organisation.

Key Responsibilities
Strategy

Support the development and implementation of security strategies and protocols to protect systems, networks, and data.
Collaborate with internal stakeholders to assess security risks and recommend preventive and corrective controls.
Continuously monitor emerging cyber security threats, technologies, and best practices to enhance organisational readiness.

Operational

Conduct penetration testing across internet, intranet, wireless, web applications, social engineering, and physical environments.
Execute red team exercises to identify gaps in security controls and incident response readiness.
Identify, analyse, and exploit security vulnerabilities across diverse systems and environments.
Lead or support penetration testing engagements, including providing technical guidance to junior team members.
Analyse test results and prepare clear, comprehensive reports outlining findings, risks, and remediation recommendations.
Communicate complex security concepts and findings to technical and non-technical stakeholders, including senior leadership.

Corporate Governance

Ensure compliance with regulatory requirements, industry standards, and internal information security policies.
Develop and maintain security documentation, including policies, procedures, and incident response plans.
Provide guidance to internal teams on security-related matters and support audit and compliance activities.

People and Culture

Promote a strong culture of security awareness and shared responsibility across the organisation.
Support knowledge sharing and skills development within the Cyber Security team.
Collaborate respectfully and effectively with cross-functional teams to embed security into everyday operations.
Model professional conduct, accountability, and ethical behaviour in all security engagements.

Key Competencies

Strong knowledge of penetration testing and vulnerability assessment techniques.
Ability to analyse complex security risks and recommend effective controls.
Strong interpersonal and communication skills.
High attention to detail and investigative mindset.
Ability to work independently and collaboratively within technical teams.

Key Deliverables

Conduct threat and vulnerability assessments with actionable remediation recommendations.
Investigate, document, and report information security incidents and emerging risks.
Analyse and respond to newly identified hardware and software vulnerabilities.

Academic Qualifications

Bachelor’s degree in Computer Science or a related discipline from a recognised institution.
Information Security certifications such as CEH, OSCP, CompTIA PenTest+, or CRTP.
Networking certifications such as MCSE, CCNA, or CCNP.
IT Service Management certification (ITIL).
Cloud technology competency.

Relevant Experience

Minimum of 3 years’ experience in penetration testing and vulnerability assessments.
At least 1 year of experience within a medium to large-sized organisation.
Hands-on experience with security testing tools, secure infrastructure reviews, and modern security technologies.

4. Portfolio Manager (Nairobi)

Job Ref. No: JAML 063

Role Purpose
The Portfolio Manager will be responsible for managing client investment portfolios to achieve optimal financial performance while aligning with clients’ financial objectives and risk profiles. The role involves developing and implementing tailored investment strategies, conducting rigorous market analysis, and ensuring compliance with regulatory standards and client mandates. By leveraging advanced analytical tools and market insights, the Portfolio Manager will deliver customized investment solutions, enhance client satisfaction, and contribute to JAML’s growth as a leader in the asset management industry.

Main Responsibilities
Strategy
Investment Strategy Development

Design and implement investment strategies tailored to client risk profiles, financial goals, and market conditions across asset classes (e.g., equities, fixed income, alternatives).
Collaborate with the Senior Portfolio Manager to align portfolio strategies with JAML’s investment philosophy and performance targets, aiming for a minimum alpha of 2% above benchmark indices.
Identify opportunities for portfolio diversification and growth to enhance risk-adjusted returns.

Market Analysis & Research

Conduct in-depth research on securities, industries, and economic indicators to inform investment decisions and portfolio adjustments.
Monitor global and local economic trends, market cycles, and asset class performance, utilizing real-time data feeds (e.g., Bloomberg, Reuters) to optimize portfolio outcomes.
Provide actionable insights to clients and internal teams, contributing to proprietary research reports and investment theses.

Product Innovation

Support the product development team in designing innovative investment products, such as unit trusts, structured products, and alternative investments.
Contribute to the creation of offshore investment solutions to meet diverse client needs and market opportunities.

Client Engagement

Prepare and present clear, data-driven portfolio performance reports to clients, ensuring alignment with their objectives and market outlook.
Participate in client meetings to discuss investment strategies, performance, and recommended adjustments, fostering trust and satisfaction.

Operational
Portfolio Management

Oversee the day-to-day management of client portfolios, including asset allocation, rebalancing, and trade execution, ensuring liquidity and diversification.
Monitor portfolio performance against benchmarks (e.g., NSE 20, MSCI Emerging Markets), implementing corrective actions to maintain performance within agreed volatility thresholds (e.g., standard deviation below 10%).
Ensure accurate and timely reporting of portfolio performance to clients and internal stakeholders.

Risk Management

Assess and mitigate financial risks (e.g., market, credit, liquidity) within client portfolios using quantitative models and scenario analysis.
Implement hedging strategies and monitor concentration risks to ensure portfolio stability and compliance with exposure limits.
Maintain accurate risk documentation and support enterprise-wide risk protocols.

Regulatory Compliance

Ensure all portfolio activities comply with regulatory guidelines (e.g., Capital Markets Authority), client mandates, and JAML’s internal policies.
Maintain detailed records of investment decisions, transactions, and client communications for audit and reporting purposes.

Corporate Governance
Compliance

Stay updated on industry regulations, compliance requirements, and best practices.
Adhere to Kenyan laws, asset management industry policies, and JAML’s internal guidelines.
Ensure compliance with all statutory and regulatory requirements.

Risk Mitigation

Establish robust internal controls to mitigate operational, financial, and regulatory risks.
Proactively identify and address potential compliance or ethical issues in portfolio management.

People & Culture

Foster a corporate culture that promotes ethical practices, professionalism, and client-centricity.
Collaborate with internal teams to create a positive and inclusive work environment.
Engage in continuous learning and professional development to stay abreast of industry trends and best practice.

Key Competencies

Investment Expertise: Strong knowledge of portfolio construction, asset allocation, and investment strategies across equities, fixed income, and alternative assets.
Analytical Precision: Advanced skills in financial modelling, data analysis, and interpreting market trends using tools like Excel, Python, or Bloomberg.
Client-Centric Communication: Excellent verbal and written skills to present complex investment strategies clearly and build client trust.
Risk Management: Proficiency in identifying and mitigating portfolio risks through quantitative and qualitative methods.
Digital Proficiency: Familiarity with portfolio management software (e.g., Morningstar) and real-time market data platform to enhance efficiency.
Ethical Integrity: Commitment to regulatory compliance, client confidentiality, and ethical investment practices.
Team Collaboration: Ability to work effectively with cross-functional teams to deliver cohesive investment solutions.

Academic Background & Relevant Qualifications

Bachelor’s degree in Finance, Economics, Business Administration, Actuarial Science, Mathematics, Statistics, or a related field from a recognized institution.
Professional certifications such as CFA (Chartered Financial Analyst), CPA (Certified Public Accountant), FRM (Financial Risk Manager), or equivalent is highly desirable.
Advanced proficiency in financial modelling, portfolio management software (e.g., Bloomberg Terminal, Morningstar Direct, FactSet), and analytical tools (e.g., Excel, Python, R, VBA).
Demonstrated ability to leverage real-time market data platforms and quantitative tools for investment analysis and decision-making.
Completion of relevant training or coursework in investment management, risk analysis, or derivative instruments is an advantage.

Relevant Experience

Minimum of 6 years of progressive experience in portfolio management, investment analysis, or a related role within the asset management, banking, or financial services industry, with at least 3-5 years focused on managing client portfolios.
Proven track record of managing client portfolios with assets under management (AUM) exceeding KES 500 million, consistently achieving performance targets such as positive alpha or top quartile returns relative to benchmarks (e.g., NSE 20, MSCI Emerging Markets).
In-depth knowledge of Kenyan, East African, and global financial markets, including equities, fixed income, alternative investments, and regulatory frameworks (e.g., Capital Markets Authority guidelines).
Demonstrated experience in utilizing advanced quantitative models for asset allocation, risk management, and portfolio optimization, including stress testing and scenario analysis.
Experience with alternative investments (e.g., private equity, real estate), unit trusts, structured products, or derivative instruments (e.g., options, futures) is a strong advantage.
Prior collaboration with risk management, compliance, and client-facing teams to deliver cohesive investment solutions, with a focus on client satisfaction and retention.