Enterprise Risk & Compliance Officer at GA Insurance

GA Insurance Ltd was incorporated in 1979 after the exit of General Accident Insurance. The company has over 50 years’ experience in general insurance underwriting inherited from its parent firm, General Accident Insurance (UK). It continues to underwrite various classes of risks in the general insurance segment, which includes medical and travel insurance...

 

Enterprise Risk & Compliance Officer

  • Job TypeFull Time
  • QualificationBA/BSc/HND
  • Experience3 - 5 years
  • LocationNairobi
  • Job FieldFinance / Accounting / Audit  , Law / Legal 

Job Summary:

  • The position is responsible for assisting in identifying, assessing, mitigating, reporting, and monitoring all enterprise risks including compliance with Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), data protection and business continuity Plan (BCP) and exposures. The role also ensures alignment and compliance with regulatory standards, corporate governance principles, and industry’s best practices.

Duties and Responsibilities:

Enterprise Risk Management

  • Co-develop and maintain a risk management strategy for the group
  • Carry out comprehensive risk assessments across the business & functional areas in line with the risk management framework.
  • Co-develop and implement systems, policies and procedures for the identification, collection and analysis of risk related information.
  • Evaluate the adequacy and effectiveness of controls established by management to ensure that identified risks are appropriately mitigated at both departmental and process levels.
  • Maintain the risk registers and assist management in tracking progress on the implementation of risk mitigation action plans.
  • Continuously liaise with the various departments to identify, quantify, mitigate and monitor operational and financial risk across the region.
  • Co-develop and implement risk response strategies to ensure that risks are addressed accordingly
  • Monitor risk and communicate information to the relevant stakeholders to ensure the continued effectiveness of the enterprise’s risk management strategy.
  • Review new and on-going products to ensure that they are carried out only after a comprehensive risk assessment is done
  • Facilitate awareness and training programs on risk management, controls, and compliance activities.
  • Carry out portfolio stress tests.
  • Provide reports on a monthly and quarterly basis, and as directed or requested.

Compliance

  • Coordinating the Anti–Money Laundering, Data Protection, and other regulatory activities
  • Implement and maintain effective internal controls to prevent and detect potential compliance violations within insurance operations
  • Ensures that applicable regulations are complied with by the business units through day-to-day monitoring and regular review of compliance to legislation, regulations and internal policies and controls.
  • Ensures that Compliance risks are identified, assessed, controlled, and enforced through the organization.
  • Identification and reporting of suspicious transactions.
  • Stay updated on industry regulations, compliance requirements, and best practices.
  • Review the business continuity programme within the company and ensure that regular tests are conducted and the policies and frameworks are regularly updated.
  • Identifying areas of weakness with regards to business continuity and recommend remedial measures in consultation with all the relevant stakeholders.

Education/Qualifications:

  • Bachelor’s degree in Business, Finance, Actuarial, IT, Law or any other related course.
  • Risk Certification or Equivalent Professional qualification.
  • Member of a relevant professional body will be an added advantage.

Work Experience:

  • 3-5 years’ experience within risk management or compliance space
  • In-depth knowledge of the financial services industry.
  • Proven track record of successfully implementing strategic initiatives and driving process improvements.

Skills & Competencies

  • Strong analytical and organizational skills.
  • Personal attributes: integrity, dependable, initiative-taking, results-oriented, creative, and strong interpersonal skills.
  • Ability to operationalize strategy into action for the function.
  • Effective communication skills, both verbal & written.
  • Proactive approach to staying updated on regulatory developments.
  • Knowledge in automation in risk management
  • Data analytics

Check if your CV matches this job with MyJobMag AI

Method of Application

Suitably qualified and experienced individuals are invited to submit their application and detailed resume, clearly indicating their current and expected salary, to careers@gakenya.com   by Monday, 14th July 2025.

Comments

Post a Comment

Popular posts from this blog

Customer Support Representative at BasiGo

BasiGo is an e-mobility start-up looking to revolutionize the public transportation sector by providing public transport bus owners with a cost-effective electric alternative to diesel. Headquartered in Nairobi, Kenya, our team is strategically composed of seasoned entrepreneurs who have spent over a decade working and innovating within electric vehicle t...   Customer Support Representative Job Type Full Time Qualification BA/BSc/HND , Diploma Experience Location Nairobi Job Field Customer Care  About the role:  We are looking for Customer Support Representatives (CSR) to assist our customers with technical problems when using our products and services. You will be the primary point of contact for our customers and coordinate with all BasiGo departments to ensure that issues are resolved within SLA and customers are communicated promptly.  To be successful in this role, you should be an excellent communicator who easily gains client trust. You should ...
Read more

Operations Associate at Kopo Kopo Inc

Kopo Kopo was launched in 2012 where we partnered with Safaricom to bring Lipa na M-Pesa Buy Goods service to small and medium businesses throughout Kenya and, today, we serve thousands of businesses from salons to restaurants to office supply stores, to schools. We have since partnered with other aggregator and mobile money partners with the ultimate goal of helping businesses leverage mobile payments. We are grateful for our unusual journey and look forward to helping our merchants in growing and prosper in the years ahead.   Operations Associate Job Type Full Time Qualification BA/BSc/HND Experience Location Nairobi Job Field Customer Care  Salary Range KSh 50,000 - KSh 100,000/month The Job:   The role will combine aspects of customer service and operations duties. Ultimately, you will be responsible for quickly solving problems for businesses that rely on Kopo Kopo’s technology. You will ensure that Kopo Kopo’s information systems are kept up to date, and will engage...
Read more

Direct Sales Representative - Coast Region at KCB Bank Kenya

Kenya Commercial Bank Limited is registered as a non-operating holding company which started operations as a licensed banking institution with effect from January 1, 2016. The holding company oversees KCB Kenya - incorporated with effect from January 1, 2016 - and all KCB's regional units in Uganda, Tanzania, Rwanda, Burundi, Ethiopia and South Sudan. It als...   Direct Sales Representative - Coast Region Job Type Full Time Qualification BA/BSc/HND Experience 2 years Location Nairobi Job Field Sales / Marketing / Retail / Business Development  KEY RESPONSIBILITIES Sourcing prospective customer leads from various sources, such as referrals, cross-selling opportunities, sales activations organized by the bank, or sales leads provided by the bank.     Explaining the features of the products to prospective customers in line with product features and Treating Customers Fairly Guidelines provided by the bank.     Guiding customers on how to fill in applications f...
Read more