•  Development and executing the Approved Risk Management Plan for the organization in liaison with Management and the Board Risk commit
• Identification, assessment and reporting of business process risks which the company is exposed to, with a view of designing effective controls.
• Development and maintenance of the Companies Risk Register, Controls register, and incidents register.
•   Assist in the development and communication of risk management policies, risk appetite and risk exposure limits.
• Assists in developing risk mitigation strategies for the organization’s critical risks.
• Design, implement and maintain an overall risk management process and procedures in the organization.
• Maintain relevant Risk documentation for Audit and inspection.
• Monitor developments in the regulatory framework and proactively adapt risk management processes and procedures whenever necessary.
• Organize appropriate internal and external risk reporting to all stakeholders.
• Disseminating information regarding responsibilities and duties of employees across the Company in ensuring that effective Information Risk management environment is in place.
• Assisting and training departments in the company in identification and assessment of Risks and ensuring that risk management understanding is in place.
•   Reporting to Management and the Board Risk Committee from time to time on Risk Management trends and developments.
• Ensuring that the company has sound risk management policies in place and that they are updated from time to time.

2.      Compliance

• Ensure that all laws and regulations are understood by all staff and implemented effectively.
• Ensure monthly/quarterly Compliance checklists for the company are maintained and reviewed timely.
• Ensuring that all regulatory reports and compliance reports are responded to and are up to date.
• Development of Company’s compliance plan and ensuring that it is approved timely and annually.
• Ensuring that the Anti Money Laundering Laws and regulations are being implemented timely and effectively and monitoring the implementation of the AML/CFT policy.
• Ensuring that the company complies to all directives issues by the Reserve Bank of Malawi.

3.      Other Specific Roles

• Conducts analysis of all projects and produce a project risk document for the company.
• Reviews business continuity plans, processes, and procedures to ensure they are up to date, in close collaboration with Business Continuity management coordinators within the company and the Business Continuity Committee.
• Permanent invitee to the Board Risk Committee and articulating the company’s Risk Strategy.
• IT projects risk analyst and specifically advising on risk mitigation strategies.

• Bachelor of Commerce in Internal Audit or Accountancy.
• 5 years internal audit hands on experience, 2 of which should be in a senior role.

• A general curiosity and broad understanding of the world and interest in General insurance business affairs.
• Ability to communicate ideas and processes across all levels of business.
• Working knowledge with regard to Enterprise Risk Management frameworks.
• Must be proactive and a self-starter.
• Good analytical skills in operations and financial models.
• Must have a good understanding of insurance processes and procedures.
• Team player, working with people.
• Personal Organization and planning skills.
• Business drive, ability to work in a fast-paced environment, flexible