Risk Officer at Jubilee Insurance

Job Ref. No. JHIL043

Role Purpose

The role holder will be responsible for integration and implementation of the risk strategy, policies, processes, and reports. S/he will provide oversight and ensure execution of the risk management framework including the risk appetite statement, taxonomy, assessment, treatment, monitoring & reporting as well as communication and training to the business.

Main Responsibilities

• Develop and maintain a risk management strategy for Jubilee Life Insurance Limited
• Develop and implement systems, policies and procedures for the identification, collection, and analysis of risk related information
• Carry out comprehensive risk assessments across the business & functional areas in line with the risk management framework.
• Evaluate the adequacy and effectiveness of controls established by management to ensure that identified risks are
• appropriately mitigated at both department and process level
• Maintain the risk registers and assist management in tracking progress on the implementation of risk mitigation action
• Prepare reports to the Board audit committee.

Key Competencies

• Visionary Leadership
• Entrepreneur Spirit
• Market Awareness
• Customer Focus
• Continuous Innovation
• Ownership & Commitment
• Team Spirit

Functional Skills

• Change Management
• Project Management
• Policy Writing and Implementation
• Risk Management
• mathematical skills, budgeting skills and attention to detail,

Qualifications

• Bachelor of Commerce in Finance
• CPA (K) qualification
• Ability to work with others as a team
• Good communication and interpersonal skills
• High level of dependability, integrity, and honesty.

Relevant Experience

• Five (5) years’ experiences with 3 years at senior position. Deep knowledge of the insurance background would be an added advantage