Risk Officer at NIC General Insurance Ltd

Application deadline closed.

Job Description

Job Title      :   Risk Officer

Reports to  :   Head Risk

Purpose      :    To diligently assist in managing the organization’s Risk through the development of a highly skilled team of Risk Champions, as well as support NIC’s strategic objectives by providing meaningful insight and guidance to a range of internal contacts.


Key Result Areas:    

  • To assist in the design and implementation of a global risk management strategy for the organization.
  • To implement and coordinate the strategy and infrastructure for the identification, assessment, management and control of risk across the organization.
  • Undertake stakeholder sensitization to increase awareness of risks affecting the business.
  • To liaise with department heads on the adequacy of proposed actions in management of risk areas highlighted in risk reports, internal and external audit reports.
  • Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required.
  • Evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the stated goals and objectives
  • Monitor and report on compliance with regulatory requirements to the Head Risk
  • Proactively identify emerging risks and report the same to Head Risk
  • Undertake other assigned tasks.

Minimum qualifications and competence requirement:

  • Bachelor’s Degree or its equivalent in a Business related course from a recognized University.
  • Must have at least partial professional qualification in ACCA or CPA or CIA.
  • A certification in Risk Management is an added advantage
  • At least two (2) years post qualification work experience performing similar tasks
  • Demonstrable experience in a similar Risk Management role within the Financial Services Sector
  • Proven in-depth knowledge and experience of Risk Management practices and Regulations
  • Technically competent/qualified Risk Management & Compliance professional
  • Must possess, written/verbal communication, interpersonal, and relationship building skills.

Qualified candidates should send through their CVs and copies of academic documents electronically by email to vacancy@nic.co.ug . Deadline for submission is 17th January, 2023 at 5PM.

We are an equal opportunity organization; both male and female candidates are encouraged to apply.


All vacancies are for NIC General Insurance Ltd.

Only shortlisted applicants will be contacted.