Senior Risk Management & Quality Assurance Officer - 2 Posts at Insurance Regulatory Authority (IRA)

Job Specifications

The duties and responsibilities will entail:

• Implementing of quality assurance, risk management and data protection strategies, policies and procedures to ensure achievement of objectives;
• Carrying out risk assessments for various processes in the Authority;
• Updating Directorate/Departmental and corporate risk registers;
• Defining quality procedures in conjunction with operational and technical staff;
• Maintaining controls and documentation procedures and policies;
• Implementing annual quality assurance and enterprise risk management plan;
• Carrying out quarterly routine awareness programs to management on risk management;
• Carrying out quarterly audits to ensure compliance with ISO procedures;
• Conducting and scheduling effective training for staff in regard to quality management systems, risk management and data protection;
• Preparing of reports for each quality assurance and risk management assignment to risk/process owners;
• Monitoring implementation of agreed risk management mitigation measures with risk/process owner;
• Guiding the Authority on best practices for data management; and
• Ensuring that the organization adheres to data protection laws;
• Providing expert assessments on the impact of data processing activities; and
• Working closely with the Data Commissioner to address any issues pertaining to data protection.

Person Specifications

• Three (3) years relevant work experience, three (3) of which should have been at the level of Risk Management & Quality Assurance Officer or in a comparable and relevant position.
• Bachelor’s degree in any of the following fields: Economic, Statistics, Actuarial, Data Analytics, Data Science, Project Planning and Management or an equivalent qualification from a recognized institution.
• Membership to a relevant professional body and in good standing where applicable.
• Proficient in computer applications.

Competencies and Skills

• Communication skills
• Interpersonal skills
• Analytical skills
• Report writing skills
• Presentation skills