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

• Collect and analyses data for risk assessment, monitoring and compliance.
• 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.
• 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

Qualifications

• 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.