Old Mutual Nigeria Recruitment - Risk Specialist - NewBalancejobs

Old Mutual Nigeria Recruitment – Risk Specialist

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Website Old Mutual Nigeria

Old Mutual Nigeria Recruitment – Risk Specialist

Old Mutual Nigeria recruitment pottal is open for applicant that wish to start a career with the company.

Old Mutual Nigeria consists of a Life Assurance and General Insurance business and provides a wide spectrum of insurance solutions tailored to meet unique individual and corporate clients’ circumstances.

Job title: Risk Specialist

REF: 1432/NIGE/EU/Risk Specialist/Nigeria/221119
Location: Nigeria
Contract: Permanent
Available: ASAP
Category: Insurance

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
  • The individually is accountable for achieving results through own efforts over periods of up to 3 months.

Description for Old Mutual Nigeria Recruitment

  • Challenges risk management information received from reporting entities.
  • Assist with implementation of business risk strategy and policy
  • Ensures risk processes (risk assessment, identification, management, reporting and optimisation) are occuring at BU level.
  • Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues.
  • Provides oversight for risk management activities ensuring Group Risk Policy statements are met.
  • Ensures monthly risk control logs are updated and follows up with various Line Managers.
  • Provides assistance to business unit management where required to embed risk management & provide challenge where deemed appropriate.
  • Ensures that risk processes (risk assessment, identification, management, reporting & optimisation) are implemented.
  • Performs process risk assessments to provide assurance on the controls in operating procuderes and processes
  • Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.
  • Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate risk events

Key Result Areas
Personal Effectiveness:

  • Accountable for service delivery through own efforts.
  • Individually accountable for managing own time, tasks and output quality for periods of up to 3 months.
  • Makes increased contributions by broadening individual skills.
  • Collaborates effectively with others to achieve personal goals.
  • Accepts and lives the company values.

Risk Management:

  • Challenges risk management information received from reporting entities
  • Ensures risk processes (risk assessment, identification, management, reporting and optimisation are occuring at BU level.
  • Provides knowledge of systems/supporting guidance, procedures and assists the business in implementation of risk issues.
  • Provides oversight for risk management activities, ensuring Group Risk Policy statements are met.
  • Provides support in carrying out risk related responsibilities.

Compliance:

  • Assess complaince  by the BU with applicable with Risk policy and facilitate means of the implementation of remediation of identified gaps
  • Reports risk event and compliance breaches on a monthly/quarterly basis.
  • Facilitates and in appropriate circumstances partakes in, remedial actions developed by the BU to help eliminate non compliance with risk policy suite

Reporting:

  • Ensures monthly risk control logs are updated and follows up with various Line Managers.
  • Compiles monthly reports (standing reports) on issues identified and reports on actions taken to rectify the problem.

Key Requirements for Old Mutual Nigeria Recruitment

  • Bachelor’s Degree with 3 – 4 years relevant experience in risk management / internal controls / actuarial science. Insurance experience would be an advantage

METHOD OF APPLICATION

Use the link(s) below to apply on company website.

To apply for this job please visit careers.oldmutual.com.ng.

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