Job Title: Risk and Compliance Officer
Organisation: Five Star Insurance Brokers Ltd.
Duty Station: Kampala, Uganda
About Organisation:
Five Star Insurance Brokers Ltd. was established in 1997. From the very inception we are the members of Uganda Association of Insurance Brokers and also licensed by Uganda Insurance Regulatory Authority.
Key Duties and Responsibilities:
- Developing and operationalizing risk and compliance assessment tools and facilitating the implementation.
- Ensuring that all external compliances set by external regulators are implemented and adhered to by the Company.
- Ensuring that effective internal controls are in place to prevent and detect fraud, Misappropriation of funds and assets; and misapplication of policies and Procedures
- Following up of the resolutions of any identified compliance deficiencies and audit Recommendations coordinating and / or conducting Departmental, client, and Company meetings and timely follow up on all issues.
- Monitoring non-compliance and escalate any issues to management where non-compliance is not addressed.
- Planning and coordinating risk and compliance reviews at office to mitigate risk and ensure compliance.
- Developing an effective Compliance & Ethics training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.
- Conducting project reviews, compliance checks and present reports to the Managing Director.
Qualifications, Skills and Experience:
- Bachelor’s Degree in Actuarial Science
- Risk Management Certificate is an added advantage
How to Apply:
All candidates should send their updated CVs and cover letters via Email to: [email protected]
Deadline: 7th March 2025
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