Risk Assistant

ABOUT THE COMPANY

The year 1978 proved to be a milestone for the Insurance Sector in the region , Indian Insurance Companies operating in Kenya decided to merge and form a vibrant joint venture with moral and financial support from leading local business elite. The idea became reality on 6th December 1978 with the birth of Kenindia Assurance Company Limited.

JOB SUMMARY

KNOWLEDGE AND EXPERIENCE.Academic QualificationsBachelors Degree in business related fieldProfessional QualificationsProfessional qualification such as CPA, ACCA, Actuarial ACII or Forensics and a current membership to a relevant professional body.Certification in Enterprise Risk Management will be an added advantage.SKILLS AND COMPETENCIESKey Job Skills (specific to the job)Risk managementAnalytical skillsPeople managementAbility to understand the big picture in whichthe business is operating, the inter-play betweenthe different componentsInsurance Skills (special Category)Insurance knowledgeUnderstanding of the key regulationsGeneral SkillsCommunication skillsInterpersonal skillsCustomer ServiceIT skills (fluency)At least 2 years of relevant experienceMethod of ApplicationTo apply, send your Curriculum vitae (CV) and cover letter and quote the job title on the subject of the e-mail

RESPONSIBILITIES

Risk Awareness and ImplementationParticipate in the development and implementation of the risk management framework & policyIdentification of emerging risks facing the company and advise on severity and management. These includes risks associated with new products and servicesReviewing risk management activities across various departments ensuring Kenindia risk policies are implemented and complied withRisk MitigationCollate and document all the risk incidents from the departments and assign actions for their closure.Participate in the development of appropriate robust mitigation actions and follow up the implementation of agreed upon actions.To monitor & follow up the implementation of agreed upon action plans for risk mitigation.Embedding the risk culture across the business unit through carrying out risk awareness activities.Assist the Risk and Compliance Manager in the coordination role of managing the Quality Management System.Risk EvaluationIdentification of risks on key strategic objectives to update and review risk registers & provide mitigation.Continuous identification, monitoring and measuring Key risk indicators and advice on the outcomesConduct regular and timely risk assessment and implementation of Risk & Control self-assessment in assigned business departmentsMaintaining the risk registers and producing risk reports.Any other duty as may be assigned from time to time.

REQUIRED SKILLS

Risk management, Risk analysis, Reporting, Accounting

REQUIRED EDUCATION

Bachelor's degree