Risk Management Officers Job at Linkage Assurance Plc

Started by Jobrib, Jun 14, 2014, 07:31 AM

Jobrib

Job Title: Risk Management Officers Job

Company: Linkage Assurance Plc

Location: Abuja, Cross River, Edo, Kano, Lagos, Ondo

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Linkage Assurance: Our company is registered and licensed by NAICOM under the provisions of the Insurance Act 2003 to carry out General Insurance business. At Linkage Assurance we pride ourselves on the quality of our people and are always on the lookout for talented individuals to join our team.

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Job Description:

The Risk Management officer shall have the primary responsibility for monitoring risks associated with the operations of the Company according to the requirements of the Chief Risk Manager.

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Manage and measure risk as follows:

. – To maintain the key risk indicators (KRIs) benchmark monthly – To calculate the modified duration of the KRIs benchmark periodically and checking that the modified duration is withing the allowed deviation margin. – To prepare relevant reports with explanation of modified durations outside the category of risks exposure. – To review the economic capital requirements on periodic basis. – To monitor the in flow of receipts against forecast and to alert senior management where significant deviations from the forecasted amounts are experienced. – To develop a risk framework, including proposing risk limits for each risk category. – To monitor the risk portfolios performance and other limits, ans to report on breaches of this limit to Senior Management.

Prepare reports on the performance of the. Strategic risk portfolio, as follows: – To perform daily market valuation of the actual risk portfolio based on the closing prices of the previous day. – To determine the rate of return on the actual and benchmark portfolios daily – To assist in d preparation of such reports as may be required by various ERM Management committees – To assist in the preparation of the periodic and annual reports of the Risk Management report to Board and Management Committees through the provision of data and commentaries as may be required.

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