Risk Analyst Assistant

at CIC Insurance
Location Nairobi, Kenya
Date Posted October 23, 2021
Category Accounting
Job Type Full-time
Currency KES

Description

CIC Insurance Group Limited, commonly referred to as CIC Group, is an insurance and investment group that operates mainly in Kenya, Uganda, South Sudan and Malawi

Purpose

Responsible for risk identification, analysis and recording to facilitate transparency and accuracy in decision making.

Primary Responsibilities

  • Collect and analyze data for risk assessment, monitoring and compliance
  • Review and recommend improvements to existing risk modelling techniques
  • Conduct regular assessments of the various business systems and implement or monitor needed improvements.
  • Review files and capture information during risk assessments
  • Assist in the development and execution of companywide compliance policies and procedures.
  • Collection of data for preparation of management and board reports
  • Review all monthly, quarterly and semi –annual regulatory/statutory returns across all subsidiaries
  • Maintain risk incident logs
  • Coordinating risk champions in risk identification and analysis

PERSON SPECIFICATION

Academic Qualification

  • Bachelor’s Degree in statistics, economics, finance or another business-related degree

Professional Qualification

  • CISA/CISM/CRM, Progress in CPA

Experience

  • Up to one (1) years’ relevant experience.

Skills and Competencies

  • Problem solving skills.
  • Good analytical skills.
  • Computer literate in MS Office and other office applications.
  • Understanding of the working environment /competitors.
  • Technical competence in insurance and accounting.
  • Basic knowledge of regulations by AKI, CMA and IRA.
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