Description

About Us
CIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security.
We have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange.
Our tagline, "We Keep Our Word," reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities.
CIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa.

About the Role
Reporting to the Head of Investment, the Portfolio Manager will design and manage investment strategies aligned to client objectives and market conditions, while constructing and optimizing diversified portfolios to deliver strong returns. You will also ensure regulatory compliance, maintain client relationships, and contribute to business growth through collaboration and innovation.

Key Responsibilities:
Investment Strategy & Execution

• Design, implement, and manage investment strategies tailored to client risk profiles, investment objectives and market conditions.

Portfolio Construction & Rebalancing

• Create optimal portfolios that adhere to house view, client Investment Policy Statement and relevant regulations.
• Continuously monitor and adjust portfolios to reflect market expectations and client needs.
• Participate in research & review of investment opportunities.
• Generate returns in excess of benchmarks and peers

Relationship Management

• Maintain a cordial relationship with clients, custodians, administrators, regulators and other critical service providers/ stakeholders.
• Strive to anticipate and solve client problems so as to keep relationships warm and maintain mandates.
• Ensure that reports to clients are comprehensive, accurate and timely and that clients are informed of investment opportunities available to them.

Risk Management & Compliance

• Ensure compliance with regulatory standards, client requirements and internal policies.

Business Development Support

• Support the Business Development team in obtaining new mandates and maintaining existing clients.

People

• Participate in company events such as webinars/ seminars/ workshops/ media briefings etc. offering training to the general public as well as existing and potential clients.
• Mentor and coach the fledglings in the team.

Innovation

• Provide support in investment product and business development, process streamlining and other opportunities to enhance value to clients and the company.

Who We're Looking For
Essential Knowledge/Skills and Experience Required:

• Bachelor's degree in Finance, Economics, Mathematics, Actuarial Science, Financial Engineering, or a related field from a recognized institution.
• Professional qualifications such as CFA (Chartered Financial Analyst), ICIFA (Institute of Certified Investments and Financial Analyst) , CISI (Chartered Institute for Securities and Investments), or equivalent are highly desirable.
• Minimum of 8 years of relevant experience.
• In-depth knowledge of Kenyan, East African, and global financial markets, including but not limited to equities, fixed income, alternative investments. Familiar with regulatory frameworks.

Key Competencies:

• Integrity: Commitment to ethical investment practice, regulatory compliance and industry best practice.
• Investment Expertise: Demonstrate knowledge of asset allocation, security selection, portfolio construction and rebalancing across fixed income, equities and alternative assets.
• Research and Modelling: Advanced skills in financial modelling, data analysis, and interpreting market trends using tools such as Bloomberg, AI applications.
• Communication: Have excellent verbal and written skills to present complex investment reports plainly to a wide audience
• Collaboration: Ability to work effectively across multiple functional teams to deliver client needs and company objectives.

Why Join Us?
Joining CIC Insurance Group as a Portfolio Manager offers you the opportunity to drive investment excellence within a reputable, multi-country financial services organization. You will be at the forefront of managing high-impact investment portfolios, influencing strategic asset allocation decisions, and delivering superior returns in dynamic and competitive markets. At CIC, you will work in a collaborative and intellectually stimulating environment that values integrity, innovation, and performance. The role provides a platform to leverage your expertise in financial markets, engage with diverse stakeholders, and contribute to the growth of investment solutions that meet evolving client needs. If you are passionate about investment strategy, market analysis, and delivering value to clients, CIC offers you the opportunity to make a meaningful impact while advancing your career in portfolio and asset management.
If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.

The application should reach us by close of business on 22nd April, 2026. Please note only short-listed candidates will be contacted. If you do not hear from us by 31st May, 2026 consider your application unsuccessful.

CIC Group is an equal opportunity employer and does not solicit or require any form of payment for employment opportunities.

N/B: This job advert is open to both internal and external candidates.