URGENTLY REQUIRED - RISK MANAGEMENT OFFICER

Our client in the Insurance Sector based in Kampala, Uganda has an exciting opportunity for
an enthusiastic, talented and exceptional individual with an open and growth to join their
team as a Risk Management Officer.

The Risk Management Officer will be responsible for identifying, assessing and
managing risks that could impede the reputation, safety, security or financial success of the
firm and ensure that the company is protected against any potential losses while also work to
minimize costs and increase profits.

Key Responsibilities:

 Carry out risk assessments and evaluations and provide reports to relevant members of
staff to ensure they understand the risk related to their side of business.
 Evaluate insurance premiums and rate structures to determine if they are adequate to
cover potential losses.
 Review insurance claims to determine if they should be paid or denied based on the
provisions in the policy.
 Recommend changes to insurance policies to improve coverage or reduce costs based on
laws or regulations or changing circumstances in the industry
 Reviewing coverage requirements to determine if they meet the needs of the business
being insured
 Maintaining an inventory of physical assets that are insured by the company
 Reviewing policy terms and conditions to ensure that they conform to state laws
 Establishes policies and procedures to identify and address risks in the organization’s
services and departments.
 Recommends and implements risk management solutions such as insurance, safety and
security policies, business continuity plans, or recovery measures.
 Reviews and analyses metrics and data such as cash flow, inventory, breakage, and
employee activity that could uncover fraudulent behaviour.
 Drafts and presents risk reports and proposals to executive leadership and senior staff.
 Performs other duties as directed.

Qualifications, Experience & Skills:

 Bachelor’s Degree in Actuarial Science or any related course.

 Professional Certificate in Risk Management.
 Minimum 3 years experience in the Risk Management function.
 Thorough understanding of policies and best practices of risk management.
 Excellent verbal and written communication skills.
 Excellent mathematical and critical thinking skills.
 Excellent analytical and problem-solving skills.
 Proficient with Microsoft Office Suite or related software to prepare reports and policies.

How to Apply

If you are up to the challenge, possess the necessary qualification and experience; please
send your CV only quoting the job title on the email subject (Risk Management Officer) to
info@tideventures.org on or before close of business Saturday 24th June 2023.

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