Audit and Risk Manager at Strategis Insurance July, 2024

EMPLOYMENT OPPORTUNITY

Position: Audit and Risk Manager(x1)

Expected appointment date: Immediately Division: Non Medical Insurance Department: Business Development Location: Dar es Salaam

JoSummary:

We are seeking a skilled and experienced Audit and Risk Manager to join our team. The Audit and Risk Manager will be responsible for coordinating/overseeing the internal audit function and managing the organization’s risk management processes. The ideal candidate will have a strong background in auditing, risk management and compliance, with the ability to provide strategic guidance and recommendations to senior management.

DutiesanResponsibilities:

Operational responsibility for matters related to the Company’s internal controls, risk

management processes/procedures and compliance matters, including;

  • Reviewing and evaluating the Company’s risk management processes and procedures and identifying areas of improvement.
  • Collaborate and coordinate with department heads to establish the enterprise risk management framework, policies, procedures, and controls.
  • Take part in providing recommendations and advise on desirable changes in policies, procedures and systems to manage and mitigate identified risks to the Company.
  • Initiate and implement effective internal controls systems.
  • Develop and implement annual audit plans based on a thorough risk assessment of the organization.
  • Conduct follow-up on all the different audit assignments given to external auditors.
  • Work with the management to resolve issues that may have been identified through audit findings.
  • Build and advise the team in the company to ensure that development and processes adopted are legal, and work to achieve a wide range of organizational goals
  • Research and identify internal and external risk factors including economic, markets, operational, regulatory, etc facing the company’s business and develop strategies to prevent potentially harmful activities or practices.
  • Routinely evaluate the effectiveness of risk policies and procedures and collaborate with internal stakeholders to monitor changes in the business environment.
  • Monitoring compliance with the Company’s internal policies and procedures.
  • Reviewing and evaluating the company’s compliance with legal and regulatory requirements.
  • Preparation of the audit, risk and compliance reports of the Management and the Board Audit and Risk Committee to summarize the Company’s compliance status for the respective reporting period.
  • Assisting in preparing the required periodic compliance related reports to the regulator (TIRA) and other relevant authorities including but not limited to the Finance Intelligence Unit (FIU).
  • Stay abreast of industry best practices, regulatory requirements, and emerging risks to ensure the Company remains compliant and well- prepared.
  • Conducting or organizing training for staff regarding risk management and compliance matters.
  • Performing any other relevant duties as delegated by any upline

Manager.

EducationIncludingSpecializedTraining:

  • Bachelor’s degree in accounting, finance, business administration, or a related field. A master’s degree or professional certification (e.g., CPA, CIA, CISA) is preferred.
  • Knowledge/training on compliance requirements by insurance companies to regulations by the regulatory bodies TIRA, TRA an added advantage

Work Experience:

  • Proven experience in internal auditing, risk management, or a related field, with at least 5 years of experience in a managerial role preferably in an insurance or audit firm.
  • Strong knowledge of auditing standards, risk assessment techniques, and regulatory requirements.
  • Excellent analytical skills and attention to detail.
  • Strong communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels of the organization.
  • Proven leadership and team management abilities.
  • Ability to work independently, prioritize tasks, and meet deadlines.

Mode of Application:

All applications should have names of three official referees with their contact details. Applications accompanied by professionally prepared CVs, copies of all supporting documents along with a recent passport size photograph should be submitted not later than 19 July 2024 to the following address.

Head of Human Resource and Administration

Strategis Insurance Tanzania Limited

P O. Box 7893 Dar es Salaam, Tanzania

E-mail: hr@strategis.co.tz

Or delivered to:

Strategis Insurance Tanzania Limited

1st Floor, Masaki Ikon Building Plot no. 1520, Bains Avenue Masaki, Msasani Peninsular

Note: Only shortlisted candidates will be contacted.

Go to our Homepage To Get Relevant Information.

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