Madison Insurance, a leading Insurance Company in both Life and General Business, is seeking a motivated individual to fill the following position:
Manager – Risk and Compliance
Job Purpose: To partner with management to provide continual risk assessment and in the development comprehensive policies, procedures, compliance training, protocols, internal investigations, plans and implements risk management strategies and processes.
Key Responsibilities
- Develop the Enterprise Risk Management Policy for the Company
- Guiding integration of enterprise risk management with other organizational planning and management activities.
- Liaise with departmental heads in ensuring completion of quality departmental risk registers
- Identify training needs for risk management and oversee development of enterprise risk competence and awareness across the company
- Evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives;
- Work with Board Audit, Risk and Compliance committee in ensuring the identification and prioritization of risks and reporting of the same
- Liaise with department and division heads on the adequacy of proposed actions in management of risk areas highlighted in internal audit reports
- Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required.
- Monitor and report on compliance with regulatory requirements
- Proactively identify emerging risks and report to relevant stakeholders
- Develop risk management system and train departmental risk champions on implementation
- “Test” the effectiveness of cascading risk management approach to business decision making
- Attend Board Audit and Risk Committee meetings; and
- Any other duty assigned by Management
Academic Qualifications
- Bachelor’s degree in Business Administration
- MBA an added advantage
Professional Qualifications
- ACII or CPA (audit), ACCA/CIRM
Experience
- 8 years’ experience 3 of which must be in audit related functions at middle to senior level
Application Procedure
Interested candidates should email their applications and a detailed CV to hr@madison.co.ke.
Applications should be received on or before 29th May, 2015 by 5.00 p.m.
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