• IFRS 17 Compliance & Financial Reporting: • Lead the preparation of monthly IFRS 17 finance data and coordinate with the actuarial team to validate accuracy and completeness. • Oversee the preparation of IFRS 17-compliant management and statutory financial reports, ensuring alignment with applicable standards. • Review and approve IFRS 17-compliant Risk-Based Supervision (RBS) returns to the regulator. • Ensure accurate and timely submission of statutory and regulatory returns on a monthly, quarterly, and annual basis. • Financial Controls & Compliance: • Evaluate the adequacy of operational and financial controls across systems, processes, and teams, and provide recommendations for improvement. • Monitor adherence to the company’s investment policy in compliance with the Insurance Act, and guide fund management accordingly. • Ensure the completeness and accuracy of the asset register and its alignment with the company’s accounts. • Take leadership in the coordination of internal and external audits and ensure the timely implementation of audit recommendations. • Strategic Financial Management: • Review and approve management and financial reports, and ensure the preparation of board papers on a monthly and quarterly basis, respectively. • Lead the preparation of the company’s annual budget and perform monthly variance analysis against budget targets. • Drive expense management and austerity measures to achieve cost savings of at least 10% and maintain an overall expense ratio below 40%. • Approve payments and ensure all accounting entries are posted accurately to the appropriate cost centers. • Credit Control & Receivables Management: • Develop and oversee the implementation of credit management strategies and policies aligned with corporate objectives. • Convene and provide leadership to the credit control committee, ensuring execution of its resolutions. • Set cash collection targets and ensure the timely collection of outstanding premiums in line with policy terms. • Present debtor ageing and bad debt provision reports to senior management and recommend necessary actions. • Cash Flow & Stakeholder Management: • Manage the company’s cash flows, ensure liquidity, and take corrective actions where necessary. • Liaise with external stakeholders such as banks, the Uganda Revenue Authority (URA), and the Insurance Regulatory Authority (IRA) to support and enhance company operations. • Other Responsibilities: • Carry out any other tasks or responsibilities as may be assigned from time to time by executive management or the board.

• Bachelor’s degree in Accounting, Finance, or Business Administration with a bias in accounting • A master’s degree is a must • Professional Qualifications • Professional Qualification, such as; ACCA or CPA a must • Experience • Minimum of Seven (7) years relevant experience, Four (4) must have been at a supervisory level. • Essential Knowledge/Skills and Experience Required: • Strategic thinker • Distinctive analytical skills • Superior negotiating skills • Excellent communication skills • Strong management and leadership skills • Relationship management • Excellent customer care • Essential Behavioral Competencies: • People management • Good coaching skills • Commercial awareness • Strong leadership skills • Outstanding cross-functional coordination ability • Ability to “constructively dissent” • Ability to build strong relationships across the organization

Submit your application, CV, and copies of your professional and academic certificates as a single document to careers@ug.cicinsurancegroup.com no later than 28th July 2025. Please note that only shortlisted candidates will be contacted.