Risk Manager - Insurance Company



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A reputable insurance company in Ghana controlling a significant share of the life insurance market is seeking to recruit desirable professionals with a high pedigree to assume the under-listed position as Risk Manager

RISK MANAGER

The primary function of the successful Candidate will to implement anenterprise. Wide Risk Management System for the entire Company to cover allcurrent and potential risks the business must provide for by way of treatment and mitigation.

Key Tasks & Responsibilities

  • Develop and implement risk management policies. processes and strategies for the Company in compliance with industry guidelines, standards and applicable laws.
  • Manage the implementation of all aspects Of the risk function, including the implementation Of systems to identify, assess, measure. manage, monitor and report risk and work with risk owners to recommend solutions.


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  • Manage the process for developing risk policies and procedures, risk limits and approval authorities.
  • Develop and manage processes to identify and evaluate business area risk and control self-assessments.
  • Develop a consolidated corporate risk register and/or dashboard for tracking and monitoring risk within the
  • Company and produce periodic as well as adhoc reports regarding a level of risk in any given business area.
  • Manage the process for escalating control risks to more senior levels as appropriate.
  • Submit periodic reports on the status of the risk management function to the Board with recommendations on changes to and mitigation of controls and action plans to ensure value for money.
  • Influence a culture of risk awareness and appropriate risk management habits within the company through training and support among Other initiatives.
  • Educational, Qualification and Experience
  • A Degree in Risk Management or a relevant field of study.
  • A Master's Degree Or a professional qualification in Risk Management.
  • Demonstrable experience in developing and implementing a risk management program.
  • Three (3) to five (5) years' experience in a senior management position or as a Risk Manager in a financial institution.

Required Knowledge, Skills and Competencies

  • Ability to collect and analyse data, classify and rate risks and exposure.
  • Excellent communication. organisational and presentation skills.
  • Advanced proficiency in Microsoft Office Suite (Word, Excel, Power Point)
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