Risk Analyst
PURPOSE:
The job holder will be
responsible for all risk related matters for CIC Insurance Group.
Duties &
Responsibilities
- Assessment
of risk positions and exposures for all CIC Group entities as well as
actions taken to manage these risks.
- Conducting
regular stress testing and scenario analyses for relevant risks (including
but not limited to operational risk, concentration risk, market risk,
liquidity risk, counterparty default risk, contagion risk, regulatory risk
and strategic risks) and subsequent review of controls.
- Preparation
and/or regular update of the risk framework, risk registers, risk appetite
statements and risk tolerance statements for each of the CIC Group entities
- Analysis
of trends and patterns and developing rules and strategies to improve the
efficiency of risk identification and assessment
- Monthly
reporting of key and emerging risks for all CIC Group entities
- Assessment
of changes in CIC Group’s risk profile and pre-defined risk limits and
advising management accordingly
- Continuous
monitoring of political, economic, social and technological events that
would affect CIC Group’s risk matrix and identification of appropriate
remedial measures
- Preparation
of action tracking plans on risks and controls and monitoring agreed
actions to closure
- Maintenance
of risk and incidence logs as well as monitoring of compliance to controls
Academic Qualifications
- Degree
in relevant field / relevant technical training certificate / part
qualification in relevant professional field.
Professional
Qualifications
- CISA/CISM/CRM,
Progress in CPA (preferred)
Experience
- Up
to two (2) years’ relevant experience
Skills and Attributes
- Problem
solving skills;
- Leadership
skills;
- Good
analytical skills;
- Computer
literate in MS Office and other office applications
How to Apply
If you have the
aforementioned professional and academic qualifications and you are ready to
execute the above mandate, strictly apply through: https://cic.co.ke/career/ clearly indicating
the position being applied for. The application should reach us by close of
business on 2nd February, 2023. Please
note only short listed candidates will be contacted. If you do not hear from us
by 1st March,2023 consider
your application unsuccessful.
N/B: This job advert is
open to both internal and external candidates.
