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Risk Officer Jobs at Reliance Insurance Company (T) Ltd June, 2022

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Risk Officer Jobs at Reliance Insurance Company (T) Ltd June, 2022

Risk Officer Jobs at Reliance Insurance Company (T) Limited,  was promoted in 1998 In the light of the opportunities offered by the privatization of the insurance industry.Local businessman of repute joined hands with Pan Africa Insurance Company Limited of Nairobi,Kenya of infuse the envisaged initial paid – up capital of T.Shs.600 million.
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APA Insurance Limited, acquired the shares consequent to merger of Pan African Insurance and Apollo Insurance.
The company was among the first few companies licensed In 1998 and started operation October 1998. The company has been making steady progress and has built a strong financial base and reputation for strong customer oriented culture.The share holding in the company is as under:

Reliance Insurance Company Job Description

Reliance Insurance Company (T) Ltd is one of the leading non-life insurers in Tanzania having pan regional presence in Dar es Salaam, Arusha, Mwanza, Mbeya, Dodoma and Zanzibar.

The Company offers full array of non-life insurance products like Fire, Engineering, Motor, Work-men compensation, Liability, Marine Hull and Aviation.

The company is looking for an capable and experienced Risk Officer..

Primary Responsibilities at Reliance Insurance careers:

Creating a risk strategy, implementing it, and integrating it across departments Developing plans, standards, procedures, and guidelines to support the implementation of risk policies and frameworks

Identifying and maintaining an aggregated view of the risk profile of the company as a legal entity by developing and updating the risk registers.

Assessing the company’s capacity to absorb risk with respect to nature, probability, duration, correlation, and potential severity, including monitoring and conducting regular stress testing, scenario analyses, and other specialist analyses of risks.

Communicating the risk management policies to all employees, as well as organizing and conducting risk management training and awareness initiatives, will ensure a risk and compliance culture.

Report to Management, key persons in control functions, and the Board on the company’s risk profile, significant compliance issues, and details on the risk exposures facing the company and related mitigation actions as appropriate:

Academic Qualifications

  • Bachelor’s degree in Risk Management or an equivalent field.

Professional Qualification

  • CPA or Risk Management qualification or CISA

Experience

  • At least 4 years in a risk management environment in the financial industry, preferably insurance.

How to apply

Applicants are requested to submit their resumes giving the details of three referees along with copies of certificates.

Application can be delivered with the envelops clearly marking the position applied for at the address given below and or/or sent by email

The Chief Executive Officer
Reliance Insurance Company (T) Ltd
3rd8t4th Floor, Reliance House,
Plot no 356, UN Road Upanga
P.o. Box 9826 Dar es Salaam
Email: hr@reliance.co.tz

The deadline for receipt of all applications is 5:00 Pm on Friday 15th July 2022.


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MICKY IMMANUEL

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