Head, Risk & Compliance Job Placement – National Insurance Corporation (NIC) Holdings

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Organisation: National
Insurance Corporation (NIC) Holdings
Duty Station: Kampala,
Uganda
Reports to: Managing
Director
About NIC:
NIC Holdings is one of the largest financial institutions in East
Africa with a network of branches spread across the country, offering a full
range of insurance products and services in Life and Non-Life insurance
businesses and Financial Management. NIC Holdings has two subsidiaries which
include NIC General Insurance Company Limited and NIC Life Assurance Company
Limited.
Job Summary: The Head, Risk
& Compliance will support the Management with the oversight of risk management
and compliance in the company.
Key Duties and
Responsibilities:  
  • Develop, implement, maintain and oversee
    compliance Management policies and programmes.
  • The jobholder will guide the company in
    establishment of controls to mitigate risks.
  • Ensure company policies and procedures
    comply with rules and regulations as required by the regulators from time
    to time, best practices industry bench marking.
  • The incumbent will plan and monitor
    company strategies on risk based and profitability models and guide management
    appropriately.
  • Prepare and submit risk and compliance
    reports to management and external bodies (Regulators).
  • Assess the business future ventures to
    identify possible compliance risks.
  • Work in liaison with the departments to
    monitor enforcement of standards and regulations
  • Analyses, monitor risk trends in various
    portfolio segments in order to maximise profitability and minimize loses.
  • Carries out market researches and develop
    comprehensive risk assessment of the organization.
  • Perform any other professional duties as
    may be required from time to time.
Qualifications, Skills and
Experience: 
  • The ideal candidate should hold a Bachelor’s
    Degree (honors) in Finance or Accounting and at least CPA or ACCA
    qualifications.
  • A minimum of five years’ experience in
    Risk & Compliance in a reputable organization.
  • Functional computer knowledge of
    Information Management packages is an added advantage. Self driven, good
    analytical skills, good understanding of the insurance industry,
    innovative, team player and able to work long hours under minimum
    supervision.
How to Apply:
All suitably qualified candidates should send their applications
accompanied with a detailed Curriculum Vitae (CV), photocopies of academic
documents and certificates addressed to: Head Human Resource, NIC Holding Ltd.,
P.O. Box 7134, Kampala. Uganda.
E-mail to: vacancy@nic.co.ug
Deadline: 24th July
2017

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