Risk Analyst at CIC Insurance

PURPOSE:

This role will be responsible for identifying, analyzing, and mitigating risks across our diverse operations in multiple jurisdictions, while also supporting financial processes and ensuring regulatory compliance across various regulatory frameworks.

PRIMARY RESPONSIBILITIES:

• Conduct comprehensive risk assessments across various business units in Kenya and regional offices
• Develop and implement risk management strategies and processes that are adaptable to different jurisdictional requirements
• Utilize data analytics tools such as Power BI to analyze risk data and create insightful risk reports for management and the aboard of directors
• Automate risk management processes to improve efficiency and accuracy across all offices
• Rate controls and translate operational risks into quantitative reports, considering regional variations
• Develop and monitor Key Risk Indicators (KRIs) that are relevant to each jurisdiction
• Collaborate with different departments and regional teams to ensure risk management practices are integrated throughout the organization
• Prepare and present risk analysis reports to senior management, highlighting regional trends and global implications
• Stay updated on industry trends and regulatory requirements related to risk management in all relevant jurisdictions
• Ensure effective data management practices that comply with various data protection regulations

Academic and Professional Requirements

• Education  Degree in Finance, Economics, Mathematics, or a related field    E

Experience Required:

• Relevant experience    3