Manager Risk

Insurance Regulatory Authority of Uganda is hiring a Manager Risk to develop, implement, and monitor the Authority’s risk framework by ensuring that all Authority operating procedures meet the compliance requirements defined by the Authority policies.

Directorate/Dept./Office: CEO’s Office
Level: IRA 3
Duty Station: Head Office
Responsible to: Chief Executive Officer
Responsible for: N/A
Working Relationships:
Internal: TMC, All Staff
External: N/A
DUTIES AND RESPONSIBILITIES
Review systems of risk management, monitoring, evaluation, and assessing the adequacy of these systems.
Develop, monitor, evaluate, and review the Authority policies and procedures, ensuring that all staff and management within the Authority consistently interpret the guidelines and apply the policies.
Conduct scenario analysis and review to assess potential risk to the Authority and identify possible solutions to avoid business interruptions and ensure business continuity at all times.
Conduct test programs, stress tests, benchmarking, and research to appreciate and determine situations’ impact on the Authority’s operations.
Develop risk reports for management and the board, highlighting aspects of the business that may cause significant risk. This will enable the development of suitable and practical solutions to mitigate risk to the Authority.
Develop and review the annual risk work plans in line with the projected Authority activities.

PERSON SPECIFICATIONS
Qualifications
Bachelor’s (Honours) Degree in Commerce, Business Administration, or related field.
Master’s qualification in a management-related field.
Professional qualifications (CPA & ACCA, or other professional qualification).
Experience
At least 5 years of Risk Management experience in a reputable organisation.
Business Behavior
Building an effective control environment
Communicating with impact
Formulating concepts
Driving continuous improvement and innovation
Leading and supervising
HOW TO APPLY
Interested candidates with the above requirements should submit their applications with copies of detailed up-to-date CVs and at least three referees, not later than 5:00 pm on 6th June 2025 to:
The Chief Executive Officer
Insurance Regulatory Authority of Uganda
Plot 6 Lumumba Avenue, Insurance Tower

or through email to:

vacancies@ira.go.ug