Summary
Date Posted: Thursday, March 11, 2021 , Base Salary: Not Disclosed

JOB DETAILS:
Risk & Compliance Officer
Ref: TAS/HR/RK/ADV/3196/2021
Job Summary:
The jobholder will be responsible for carrying out risk assessments to analyze areas of potential risk and make appropriate recommendations and reports.
Job Description:
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.

Job Qualifications : Not Specified

Job Education Requirements: Not Specified

Job Experience Requirements: 2 years

Work Hours: 8

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Job application procedure
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.
Only shortlisted candidates will be contacted.

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