Risk and Compliance Officer

at Five Star Insurance Brokers ltd
Location Kampala, Uganda
Date Posted June 30, 2025
Category Insurance
Management
Job Type Full-time
Currency UGX

Description

JOB DETAILS:

Risk and Compliance Duties and Responsibilities

· Developing and operationalizing risk and compliance assessment tools and facilitating the implementation.

· Ensuring that all external compliances set by external regulators are implemented and adhered to by the Company.

· Ensuring that effective internal controls are in place to prevent and detect fraud, Misappropriation of funds and assets; and misapplication of policies and Procedures

· Following up of the resolutions of any identified compliance deficiencies and audit Recommendations coordinating and / or conducting Departmental, client, and Company meetings and timely follow up on all issues.

· Monitoring non-compliance and escalate any issues to management where non-compliance is not addressed.

· Planning and coordinating risk and compliance reviews at office to mitigate risk and ensure compliance.

· Developing an effective Compliance & Ethics training program, including appropriate introductory training for new employees as well as ongoing training for all employees and managers.

· Conducting project reviews, compliance checks and present reports to the Managing Director.

Qualification:

· Bachelor’s Degree in Actuarial Science

· Risk Management Certificate is an added advantage

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