Background information about the job or company

The Kenyan Alliance Insurance is a leading Insurance and Financial Services Company offering a wide range of financial products and services in insurance. Business activities range from General insurance, Life assurance and Healthcare business.

As part of our growth strategy, the Company seeks to recruit a dynamic, passionate, innovative and result orientated professional to fill the below position:

Main Purpose of the Job- (Job Summary)

To partner with management to provide continual risk assessment and in the development comprehensive policies, procedures, compliance training, internal investigations, plans and implements risk management strategies and processes.

Responsibilities or duties

• Develops risk maps, registers, and performs stress tests to identify and quantify threats
• Offers high-level perspective on risk appetite, helping balance growth opportunities with conservative bets, and advises on strategic initiatives.
• Designs and implements enterprise-wide risk management frameworks, policies, and controls
• Tracks key risk indicators (KRIs) and reports to management and the board on the organization's risk profile
• Provide high level analysis on changes to regulations and provide support to the Business on implementation
• Compiling and discussing reports detailing findings, implications and recommendations for system improvements.

Qualifications or requirements

• Bachelor’s degree in Business Administration
• Professional Qualifications in either ICIFA/CISA/CISI/ CISM/ CRCMP etc.

Experience needed

• 10 years’ experience 3 of which must be in audit related functions at middle to senior level

• Develops risk maps, registers, and performs stress tests to identify and quantify threats
• Offers high-level perspective on risk appetite, helping balance growth opportunities with conservative bets, and advises on strategic initiatives.
• Designs and implements enterprise-wide risk management frameworks, policies, and controls
• Tracks key risk indicators (KRIs) and reports to management and the board on the organization's risk profile
• Provide high level analysis on changes to regulations and provide support to the Business on implementation
• Compiling and discussing reports detailing findings, implications and recommendations for system improvements.

• Risk assessment
• Policy development
• Compliance training
• Internal investigations
• Risk management strategies
• Risk mapping
• Stress testing
• Risk appetite analysis
• Strategic initiative advising
• Enterprise-wide risk management frameworks
• Policy implementation
• Control design
• Key Risk Indicator (KRI) tracking
• Regulatory analysis
• Report compilation
• System improvement recommendations

• Bachelor’s degree in Business Administration
• Professional Qualifications in either ICIFA/CISA/CISI/ CISM/ CRCMP etc.