Jubilee Insurance is one of the best paying companies in Kenya. If you are a fresh graduate, this is the most ideal place to search for employment.
The insurance company employs graduates with specialization in marketing, law, actuarial science, finance and auditing. Salaries are paid depending on one’s title and level of experience.
Those who are recruited as Financial Advisors are paid on commissions. Jubilee doesn’t pay them salaries. Secretaries and front office staff earn Ksh 30,000 to Ksh 70,000. Actuaries earn Ksh 180,000 to Ksh 800,000 depending on experience and position in the company. Those who have completed Actuarial Certification earn not less than Ksh 250,000 monthly.
Underwriters perform important duties; they are well renumerated. Some of them earn as high as Ksh 900,000 monthly. The average salary of an underwriter at Jubilee insurance is Ksh 300,000.
Accountants pocket Ksh 120,000 to Ksh 200,000 monthly while Senior Accountants are paid over Ksh 400,000 monthly.
The CEO of Jubilee Insurance takes home Ksh 3.5 million to Ksh 5 million per month. Below him is the CFO who earns Ksh 1.8 million to Ksh 2.5 million.
Fresh graduates earn Ksh 70,000 to Ksh 120,000 while interns are paid Ksh 20,000 to Ksh 40,000 monthly.