
Kenya Reinsurance Corporation
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Seniority (Business, strategic management, Banking, microfinance, insurance)
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Kenya Reinsurance Corporation
Banking + 2 more
Description
Requirements / Person Specifications
Academic Qualifications
For appointment to this grade, an officer must have:
- Bachelor’s Degree in any of the following disciplines: Land Economics, Real Estate, Construction Management, Estate Management, Property Management, Quantity Surveying, or an equivalent qualification from a recognized and accredited institution.
- Master’s Degree in any of the following disciplines: Business Administration (MBA), Project Management, Environmental Planning, Real Estate Management, Construction Management, or an equivalent qualification from a recognized and accredited institution.
Professional Qualifications
The officer must have:
- Diploma in Valuation, Estate Management, Institutional Surveying, or an equivalent qualification from a recognized and accredited institution.
- Full membership in good standing of the Institution of Surveyors of Kenya (ISK) or an equivalent professional body.
- Certificate in a management course lasting not less than four (4) weeks from a recognized and accredited institution.
- Proficiency in computer applications.
- Fulfilled the requirements of Chapter Six of the Constitution of Kenya.
Experience
The officer must have:
- At least fifteen (15) years of relevant work experience, three (3) of which must have been in a supervisory position;
- Demonstrable experience in team leadership and engagement with the Board of Directors.
Responsibilities
Strategic Property Leadership
- Develop, implement, and review property management and project development strategies to optimise the performance of the Corporation’s real estate portfolio and achieve maximum rental returns and investment yields.
- Formulate, review, and enforce Property Department policies, procedures, guidelines, and operational manuals in line with best practices and regulatory requirements.
Portfolio & Revenue Management
- Oversee the day-to-day management of the Corporation’s property portfolio, including rental collection, tenant administration, lease management, arrears recovery, and tenant relations to ensure optimum occupancy and returns.
- Manage letting and re-letting of vacant spaces, distress actions, evictions, and marketing of developed properties for sale or lease.
- Conduct property valuations and advise Management and the Board on property acquisition, disposal, and investment decisions.
Development & Project Management
- Coordinate property development projects, including feasibility studies, project briefs, site meetings, and liaison with architects, engineers, consultants, and contractors to ensure timely and cost-effective completion.
- Prepare management reports on property searches, land acquisition, feasibility studies, and proposed development projects.
Maintenance, Compliance & Operations
- Oversee maintenance, repairs, renovations, alterations, and service level agreements for all Corporation buildings and related assets.
- Conduct regular property inspections to identify defects, ensure statutory compliance, fire safety, mechanical systems functionality, and overall building condition, and prepare detailed inspection reports.
- Coordinate contractors, consultants, and service providers for repairs, maintenance, and major capital projects.
- Manage security arrangements for the Corporation’s buildings, tenants, and property assets.
- Oversee statutory inspections, maintenance schedules, and compliance with all relevant laws and regulations.
Reporting, Budgeting & Stakeholder Management
- Prepare quarterly performance reports and Board papers on all properties, including analysis of returns, occupancy rates, project status, and explanations for performance variances.
- Prepare departmental budgets, procurement plans, work plans, and performance reports.
- Address audit findings, risk issues, and compliance matters within the department and implement appropriate mitigation measures.
Leadership & Staff Development
- Supervise, mentor, appraise, and develop staff within the department while fostering professionalism, accountability, and service excellence.
- Perform any other duties as may be assigned from time to time.
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