Opened Career

Assistant Risk Manager at CIC Insurance

PURPOSE:

Reporting to the Risk Manager, the Assistant Risk Manager will be responsible for identifying, analyzing, assessing and designing control/mitigation activities for the risks within the company and to ensure compliance to the set controls.

PRIMARY RESPONSIBILITIES:

Risk Management

  • Assessment of risk positions and exposures for all CIC Group entities as well as actions taken to manage these risks.
  • Analysis of trends and patterns and developing rules and strategies to improve the efficiency of risk identification and assessment
  • Preparation and/or regular update of the risk framework, risk registers, risk appetite statements and risk tolerance statements for each of the CIC Group entities.
  • Assessment of changes in CIC Group’s risk profile and pre-defined risk limits and advising management accordingly.
  • Analyze emerging risks and trends, and develop strategies to mitigate exposure.
  • Oversee development and implementation of risk mitigation plans and action tracking mechanisms.
  • Ensure timely reporting to senior management and the Board, including updates on risk appetite, tolerance levels, and residual risk.
  • Preparation of action tracking plans on risks and controls and monitoring agreed actions to closure.
  • Maintenance of risk and incidence logs as well as monitoring of emerging risks.
  • Monitor the residual risk within the set control;
  • Coordinate risk champions in risk identification and analysis;
  • Develop and recommend risk responses to management;

 Reporting & Communication

  • Prepare high-quality reports and presentations for executive and board-level risk and compliance discussions.
  • Provide quarterly status reports on data protection and risk management to senior and middle management.
  • Escalate instances of non-compliance or high-impact risk events promptly, with recommended actions.

Leadership & People Management

  • Supervise and coach the reportees, including performance appraisals and development planning.
  • Foster cross-functional collaboration on risk and compliance initiatives across CIC subsidiaries.

Key Skills, Knowledge, Experience and Behavioural Competencies
Academic and Professional Requirements

  • Education – Bachelor’s Degree  – Bachelor’s degree from a recognized university.
  • Professional Qualification – CISA/CISM/CRM or Progress in CPA.

Experience Required:

 Description  –  Required years of experience

  • Relevant experience – 5 years

The application should reach us by close of business on 3rd October, 2025. Please note only short-listed candidates will be contacted. If you do not hear from us by 30th November, 2025 consider your application unsuccessful.

N/B: This job advert is open to both internal and external candidates.