The Senior Risk and Compliance Officer at The Kenyan Alliance Insurance ( The Kenyan Alliance Insurance Government) Job 2024… | The Kenyan Alliance Insurance Government Job Portal is now open for new recruitment. The Kenyan Alliance Insurance Government Recruitment 2024 application form, Closing date, requirements, and guidelines are free here.

The Kenyan Alliance Insurance whose headquarters is in Kenya is Located in the Nairobi of Kenya. It borders Nandi to the East, Kisumu County to the South, Siaya County to the West, and KAKAMEGA County to the North. It is one of the four Counties in the former Western Province. The Kenyan Alliance Insurance has five Constituencies; Luanda, Emuhaya, Hamisi, Sabatia and Vihiga. The County’s population stands at 612,000.

Job Description

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 divisions.

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

Purpose of the Job – (Job Summary)

The job holder reports directly to HOD-Risk and Compliance. The job holder will assist the HOD to initiate, implementing and liaise with the respective functional heads, manage the risk and compliance initiatives

Main Responsibilities

• Work closely with the Audit and Operations department and other departments within the company to establish, maintain and continuously improve risk management capabilities and culture.
• Generate regular financial risk reports that monitor the various risk exposures that the company faces such as credit risks, market risks and liquidity risks.
• Proactively identify Compliance and business risk exposures from emerging changes in laws and business trends (including competitors’ activities and economic and political change) and support stakeholders in actions towards mitigating the risk.
• Advising the Company and recommend amendments to the internal policies, procedures and processes, where applicable, based on the identified and assessed gaps associated with the Company’s business activities
• Keep abreast and monitor company’s adherence with existing and new regulatory requirements as well as supporting the company in implementation and monitoring the provisions/ requirements of the risk policy frameworks.
• Keep abreast with new and emerging global and regional regulatory requirements and best practice standards.
• Conduct quality assurance reviews of all risk management output (working papers, reports and presentations) and submit to management for decision making.
• Coordinate risk assessments and promotion of internal controls and Enterprise Risk management practices as well as carrying out risk assessment reviews within the company

• Monitor, and as necessary, coordinate risk and compliance activities through respective departments to ensure the company remain abreast of the status of all insurance related risks & compliance activities.
• Provide relevant information required by external bodies and regulators on compliance matters such as reporting suspicious transactions related to money laundering and the fight against terrorism financing.
• Implementing an effective risk training program as will be developed.
• Other duties as allocated from time to time

Knowledge & Experience

The candidate must demonstrate and possess the following skills and qualifications:

• Bachelor’s degree in Accounting or Insurance
• Certification in Certified Public Accountant (K);
• A minimum of three to four (3-4) years’ working experience as a Compliance officer in the Insurance industry.
• Well versed in audit electronic working papers and or Ms. Office suite tools for analytics, reporting and presentation
• Proven documentation, reporting and presentation skills.
• Knowledge of Insurance Act and other Financial and Accounting standards
• Demonstrate great communication and analytical skills
• Demonstrate ability to work under minimum supervision
• Open to travel for job reviews anywhere in the country

Few things to know before applying for The Kenyan Alliance Insurance Government Recruitment 2024

To apply for the Kenyan Alliance Insurance Government Recruitment Recruitment 2024. Below is what you need to know:

• Make sure you confirm the deadline of any advertised position before applying.
• Make sure you meet all minimum The Kenyan Alliance Insurance Government Recruitment Recruitment requirements and possess any required documents before applying.
• Follow the details on each position to apply.