Summary
Date Posted: Monday, January 27 2025, Base Salary: Not Disclosed

JOB DETAILS:
MAIN PURPOSE OF THE JOB
To ensure that operational risk exposures are proactively identified; and adequately and efficiently controlled

KEY RESULT AREAS AND RESPONSIBILITIES
• Establish and maintain a robust risk management system to be applied in the delivery of services by SWICO
• Develop appropriate tools for monitoring operational risk exposures
• Periodically prepare plans and strategies for the effective assessment and management of risks
• Oversee the review and assessment of inherent risks associated with new and existing processes, products, systems and people; and make relevant recommendations to higher authorities
• Provide technical guidance and support to the underwriting and claims and reinsurance departments in the assessment and management of risks associated with the services they render
• Oversee the preparation of periodic and ad hoc operational risk reports
• Analyze reports on incidents of risk, draw learning lessons from them, and sensitize staff on the prevention of future occurrences of similar incidents
• Monitor and ensure that action points regarding risk incidents are implemented appropriately
• Monitor developments in the environment to identify potential risk exposures and prepare relevant risk reports to inform management of emerging risk exposures
• Undertake operational risk awareness sensitization to improve the culture of risk management

PERSON SPECIFICATION: Manager Risks
Minimum Academic and/or Professional Qualifications Necessary
• Minimum of a University Degree in Business Administration, Commerce or Social Sciences

Additional Training/Qualifications/Certification Necessary
• Possession of relevant professional qualifications such as Certified Risk Management Professional; or a professional qualification in insurance at the level of Diploma CII or its equivalent

Minimum Experience and Exposure Necessary
• 6 years of progressive work experience in risk management, audit or underwriting, with 3 of the years at a supervisor level, in reputable organizations

Key Knowledge Required
• Principles of risk management
• Good knowledge of the insurance industry
• Principles, theory and practice of insurance
• Knowledge of management information systems

Key Skills Necessary
• Hands-on skills in risk assessment and management
• Computer skills
• Good communication and listening skills
• Report writing skills
• Analytical and problem solving skills
• Interpersonal/people skills

Other Qualities/Attributes
• Teamwork
• Time management
• Innovation/creativity
• Ability to work under minimum supervision and for long hours
• High level of integrity and professionalism
• Result-oriented, with commitment to quality and thoroughness
• Confidentiality
• Accuracy and attention to detail



Work Hours: 8

Experience in Months: 72

Level of Education: Bachelor Degree

Job application procedure

Interested and qualified, Click here to apply.


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