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| Old Mutual Kenya |
AJIRA TANZANIA 2019 / NAFASI ZA KAZI 2019
Job Title: Risk & Compliance Officer, UAP Insurance Tanzania
Recruiter : Old Mutual Kenya
REF: 1426/KENY/GT/Risk & Compliance Officer/Kenya/211119
Deadline: 2019-12-06
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Introduction
This
role is individually accountable for assisting the BU in establishing
and embedding a culture of compliance as well as ensuring that risk
processes are implemented at BU level.
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Minimum Requirements
Qualifications:
Qualifications:
A Bachelor’s degree in business related courses or finance
Professional qualification such as ACCA or equivalent is an added advantage.
Recommended:
Experience:
2 years’ work experience.
Job Specification... 1. Challenges risk management information received from reporting entities
2. Ensures risk processes (risk assessment, identification, management, reporting and optimization) are occurring at BU level
3. Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues
4. Provides oversight for risk management activities ensuring Group Risk Policy statements are met
5. Identifies applicable legislation and analyses the impact thereof on the BU and applies this to BU processes and procedures
6. Ensures compliance by the BU with applicable legislation by means of the implementation of compliance risk management and monitoring plans
7. Ensures monthly risk control logs are updated and follows up with various Line Managers
8. Performs quarterly compliance audits on processes
9. Performs monthly quality assurance audits on claims processes
10. Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem
11. Reports compliance breaches to management on a monthly/quarterly basis
12. Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate noncompliance with legislation and regulation
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