ASSISTANT RISK MANAGER at CIC Insurance Group

About Us

CIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security.

We have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange.

Our tagline, “We Keep Our Word,” reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities.

CIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa.

About the Role

Reporting to the Risk Manager, the Assistant Risk Manager will be responsible for identifying, analyzing, assessing and designing control/mitigation activities for the risks within the company and to ensure compliance to the set controls.

Key Responsibilities

Risk Management

• Assessment of risk positions and exposures for all CIC Group entities as well as actions taken to manage these risks.
• Analysis of trends and patterns and developing rules and strategies to improve the efficiency of risk identification and assessment
• Preparation and/or regular update of the risk framework, risk registers, risk appetite statements and risk tolerance statements for each of the CIC Group entities.
• Assessment of changes in CIC Group’s risk profile and pre-defined risk limits and advising management accordingly.
• Analyze emerging risks and trends, and develop strategies to mitigate exposure.
• Oversee development and implementation of risk mitigation plans and action tracking mechanisms.
• Ensure timely reporting to senior management and the Board, including updates on risk appetite, tolerance levels, and residual risk.
• Preparation of action tracking plans on risks and controls and monitoring agreed actions to closure.
• Maintenance of risk and incidence logs as well as monitoring of emerging risks.
• Monitor the residual risk within the set control;
• Coordinate risk champions in risk identification and analysis;
• Develop and recommend risk responses to management;

Reporting & Communication

• Prepare high-quality reports and presentations for executive and board-level risk and compliance discussions.
• Provide quarterly status reports on data protection and risk management to senior and middle management.
• Escalate instances of non-compliance or high-impact risk events promptly, with recommended actions.

Leadership & People Management

• Supervise and coach the reportees, including performance appraisals and development planning.
• Foster cross-functional collaboration on risk and compliance initiatives across CIC subsidiaries.

Who We’re Looking For

Essential Knowledge/Skills and Experience Required:

• Bachelor’s degree from a recognized university
• CISA/CISM/CRM or Progress in CPA
• Minimum of five (5) years of relevant experience

If you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.

The application should reach us by close of business on 11^th February, 2026. Please note only short-listed candidates will be contacted. If you do not hear from us by 28^th February, 2026 consider your application unsuccessful.