We are a leading general insurer in Kenya that
provides a world class high performing environment, allowing people to excel
and reach their potential.
In line with the company’s strategic plan, we are looking for qualified and motivated professionals to fill the following positions.
These positions require energetic individuals with both ability plus hands on experience to set up and run the various departments from scratch. Both positions report to the Managing Director and the Audit and Compliance Committee
1.0 Internal Auditor
Purpose
The Internal Auditor will review the various operations of the departments to
ensure compliance with the set controls, report any short falls and give
recommendations.In line with the company’s strategic plan, we are looking for qualified and motivated professionals to fill the following positions.
These positions require energetic individuals with both ability plus hands on experience to set up and run the various departments from scratch. Both positions report to the Managing Director and the Audit and Compliance Committee
1.0 Internal Auditor
Purpose
Key Responsibilities
- Set
up and continuously evaluate internal control systems in line with
changing demands, and ensure they are appropriately designed to serve the
best interest of the organization.
- Continuously
review operating policies and procedures, and make recommendations on the
necessary improvements.
- Design
audit plans in addition to carrying out audit.
- Evaluate
audit findings, draw comparisons and analyze data obtained for evidence of
deficiencies in controls, duplication of effort, extravagance, fraud or
lack of compliance with company policies and government regulations.
- Conduct
reviews as requested by the Company Directors provided such reviews do not
compromise the independence or objectivity of the internal audit function.
- Make
recommendations of the systems and procedures being reviewed, report on
the findings and recommendations and monitor management’s response and
implementation.
- Carry
out annual audits as per approved audit plan.
- Ensure
delivery of high quality and timely reporting.
Qualifications and Competencies
- Bachelors
Degree in commerce (Accounting or Finance option) with CPA (K) or
equivalent.
- At
least 5 years working experience at a senior position in audit management,
preferably in the Insurance Industry or in an audit firm.
- Knowledge
of and skill in applying internal auditing principles and practices.
- Knowledge
of the standards for the professional practice of internal auditing and
the code of ethics developed by the Institute of Internal Auditors (IIA).
- Basic
MS office skills, knowledge of computer audit packages will be an added
advantage.
- Possess
strong interpersonal, communication and negotiation skills
- High
moral and ethical standards with independence of mind and ability to
defend his/her position on significant issues.
2.0 Risk and Compliance Manager
Purpose
The overall responsibility of the Risk Manager will be to identify, assess and prioritize all risks that the Company may be exposed to, and co-ordinate all activities to minimize, monitor, avoid, transfer and control risk.
Key Responsibilities
Purpose
The overall responsibility of the Risk Manager will be to identify, assess and prioritize all risks that the Company may be exposed to, and co-ordinate all activities to minimize, monitor, avoid, transfer and control risk.
Key Responsibilities
- Evaluate
the adequacy of current management systems and their effectiveness in
mitigating risk.
- Develop
and execute strategies, policies/procedures to identify, control, manage
and measure business-wide risk.
- Oversee
business-wide risk management and ensure policies, controls and
procedures, are effectively implemented, disseminated and complied with.
- Develop
and compile the necessary analytical risk reports for senior management
and the audit and compliance committee to facilitate active risk
oversight.
- Ensure
that the company’s risk framework is in accordance with regulatory
guidelines and in conformity with the Company requirements.
- Develop,
document and implement standard systems, policies and procedures for the
identification, collection and analysis of risk management related data.
- Review
current and future products to ensure that the risks associated with the
products are identified and put in place the necessary risk control
measures.
- Understand
the inherent risks to insurance companies and put in place controls to
mitigate their impact on the Company.
Qualifications and Competencies
- A
Risk Management/Finance or any Business related Degree from a recognized
University. Professional qualifications in insurance and/or accounting –
CPA (K) and or ACII. Knowledge of actuarial science will be an added advantage.
- Minimum
5 years experience in risk management at a senior level in Insurance
operations, or in a compliant environment with an appreciation of risk
management processes.
- Strong
numeracy skills with ability to analyze complex data.
- Excellent
communications and presentation skills, with ability to inform and
persuade both orally and in writing.
- Thorough
understanding of regulatory requirements and general insurance procedures.
- Persistence,
an eye for detail and ability to complete projects and stick to deadlines.
Interested candidates who can demonstrate the ability to perform at these levels should submit their applications by close of business Friday 28, October 2011 enclosing a detailed CV including present position, current remuneration and contact details of three referees to:
DN/A 1112
PO Box 49010-00100,
Nairobi
Email: insure.hr@gmail.com
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