Risk Management Analyst at Coronation Insurance Plc

Principal Duties & Responsibilities

• Manage and report risks in accordance with the company’s governance framework and policy guidelines
• Monitor and evaluate the company’s performance in the application of risk in its decision-making process and propose continuous improvements
• Contribute effectively to the embedding of risks within the company by actively participating in targeted firm-wide training and awareness sessions on an on-going basis
• Contribute effectively to the management of financial and non-financial risks across the company
• Ensure the compliance of risk appetite and portfolio limits and contribute to the effective management of exposures that adversely impact the company’s balance sheet
• Interpret and apply changes in environment to risk operating procedures.
• Support the conduct of policy and compliance audits, which will include liaising with internal and external auditors

Educational Qualification and Work Experience

• Bachelor’s Degree in Finance, Accounting, Economics or Business Administration (Master’s Degree is an additional advantage)
• Certifications in Risk management is an added advantage
• Minimum 3-4 years’ relevant experience preferably in the insurance industry

Required Skills and Competencies

• Strong understanding of Enterprise Risk management concepts
• Strong knowledge of portfolio risk management techniques
• Strong understanding of development and trends in the insurance industry as well as regulations and trends
• Good experience in the analysis of business metrics and the formulation of Key Risk and Performance Indicators
• Excellent interpersonal and communication skills.
• Strong research skills
• Good analytical & problem-solving skills