Assistant Risk Analyst at CIC Insurance

About the Role

Reporting to the Assistant Manager Enterprise Risk and Data Protection Officer, the Assistant Risk Analyst will be responsible for risk identification, analysis, assessment and designing controls/mitigation for risk within the company and recording them to facilitate transparency and accuracy in decision making.

Key Responsibilities

• Coordinating risk champions in risk identification and analysis.
• Assessment of risk positions and exposures for all CIC Group entities as well as actions taken to manage these risks.
• Monitor the progress of risk mitigation activities.
• Preparation of action tracking plans on risks and controls and monitoring agreed actions to closure.
• Maintenance of risk and incidence logs as well as monitoring of emerging risks.
• Monitor the residual risk within the set control.
• Coordinate risk champions in risk identification and analysis.
• Review files and capture information during risk audits.
• Collect and analyses data for risk assessment, monitoring and compliance.
• Monitoring and evaluating KRIs across CIC Group in order to detect early warning signs of potential risk exposures.
• Analysis of trends and patterns and developing rules and strategies to improve the efficiency of risk identification and assessment
• Preparation and/or regular update of the risk framework, risk registers, risk appetite statements and risk tolerance statements for each of the CIC Group entities.

Who We’re Looking For

Essential Knowledge/Skills and Experience Required:

• Bachelor’s degree from a recognized university
• Certification in either of the following; CISA/ CISM/ CRM/ Progress in CPA is an added advantage.
• Minimum of 1 (one) year of relevant experience.