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Risk & Compliance Officer Job in Kenya

Tausi Assurance Company Ltd

 Risk & Compliance Officer
On a quiet day in 1992, seven shareholders founded Tausi Assurance Company Limited. Subsequently, in 1993, the company began modest operations in the Westlands suburb of Nairobi. 

Tausi is a mid-sized insurance Company with profits in excess of KShs. 200m dealing in general insurance. 

We are currently looking to recruit a suitably qualified, dynamic and experienced individual to join their high powered team as a Risk & Compliance Officer.

Profile: This is very much a 'hands on position' where the holder will be expected to deliver results under strict deadlines. 

He/She will be a self-starter who can hit the ground running and take accountability of the work designated to him/her. 
Role Purpose: Carry out audits and reviews of the various processes of the departments to ensure compliance with set controls, report on any non-conformances and give recommendations
Key Responsibilities:
  • As obliged under IRA Guideline on Risk Management and Internal Controls Section
  • To work with the Company consultant to ensure risk management framework is formulated and implemented in Tausi
  • To ensure that the company operate within the risk management framework formulated
  • To ensure that the risk appetite set by the board is adhered to and where higher appetite levels are required the same is requested for approval  at the board risk committee
  • To work with line managers in identifying top risks in the various departments
  • To ensure that risks identified are analysed and addressed
  • To ensure that risks identified are mitigated and the impact minimized to acceptable levels and in future pro-active measures are taken.
  • Maintain the risk registers
  • Monitor the risk management dash board reports and give feedback on the same.
  • To work with the Company consultant to develop risk management reports that will be produced at different intervals such as monthly or quarterly as required.
  • To maintain proper filing system for the risk management department
  • To train employees on risk management policies and practices
  • Participate in the salvage committee
  • To maintain filing relating to salvage committee
  • To prepare quarterly loss making accounts reports
  • Work on the organizations BCP
  • Other duties as allocated by the supervisor
Academic Qualifications
  • Bachelor’s degree in any business related course.
  • Risk management qualifications are an added advantage
Professional Qualifications
  • Two years auditing experience
Skills and Competencies
  • Strategic and analytical skills.
  • Report writing and presentation skills.
  • Planning and organization skills.
  • Ability to drive change and innovation.
All applications should be made through by COB 12th August 2016

For more information on Tausi, please visit

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