This role is key in supporting the Risk Management function of the Company under the guidance of the Risk Manager.
Key Responsibilities
Assist in formulation, update and implementation of the Company’s Risk and Compliance Framework and Policies.
Identify opportunities for business process improvement through leveraging on technology and systems to support the risk management process in the organization.
Assist in development of robust key risk indicators on risk factors for monitoring and reporting of risk exposures.
Monitor implementation of action plans by the Management to ensure risk mitigation efforts are proceeding as required.
Continuously evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives.
Monitor the organization’s compliance with relevant laws and regulations.
Enforce, implement and train staff on Company risk exposures, policies and procedures.
Conduct continuous risk reviews on operations and implementation the Company’s strategic plan and present ideas through reports and presentations outlining findings and providing
recommendations on mitigating potential risks.
Assist in preparation of quarterly reports on risk identification and assessment for issuance to the Company’s Board Risk Management Committee.
Keep abreast of on-going regulatory, macro and micro-economic developments and provide advice with regards to potential/emerging risk areas.
Participate in creation, testing and review of the Company business continuity plans to limit risks.
Perform any other duties as may be assigned from time to time.
Skills and Competences
Bachelor’s degree in Business Administration, Applied Mathematics, Actuarial Science or Statistics. A degree is mandatory.
At least 2 years’ experience preferably audit/risk/compliance related functions within a general insurance set up.
Accreditation in risk management is an added advantage.
Strong computer skills.
Strong oral and written Communication skills.
Strong Relationship building skills.
Managing change, ambiguity & challenge the status quo.
Ability to execute and monitor strategic initiatives.
Strong customer focus-internal and external.
Strong self-management and people development.
Strong problem solving capability.
Personal Attributes
Good communication (written and verbal) skills, including well developed presentation skills.
Strong analytical skills.
Report and minutes writing skills.
People management.
Data analysis.
IT skills
Salary Range: The salary range for this position stands at a gross of sh. 65,000 – 75,000.
How to Apply
Application letters and copy of current CV in one document with names of and addresses of three referees should be sent by email to
hr@tausiassurance.com so as to reach us on or before 19th March 2021.
