Job description
About the Role
We are seeking an experienced and highly motivated professional to lead our Internal Audit and Risk Management functions.
The successful candidate will be responsible for providing independent assurance on the effectiveness of governance, risk management, internal controls, and regulatory compliance frameworks, while supporting the Board and Management in safeguarding the Company's assets, reputation, and strategic objectives.
Key Responsibilities
Develop and execute risk-based audit plans across business functions.
Evaluate internal controls, governance, compliance, and ERM frameworks.
Lead enterprise-wide risk assessment, monitoring, mitigation, and reporting.
Investigate fraud, control breaches, and operational irregularities.
Ensure compliance with NAICOM regulations and internal policies.
Present audit and risk reports to Executive Management and the Board Audit & Risk Committee.
Engage regulators, external auditors, and key stakeholders.
Qualification/Experience
Bachelor's Degree in Accounting, Finance, Insurance, Economics, Business Administration, or a related field.
Relevant certification: ACA, ACCA, CIA, CISA, CFE, ACIIN/FCIIN, CRMP, or equivalent.
BA or postgraduate qualification is an added advantage.
2+ years' relevant experience, including at least 5 years in senior management.
Strong knowledge of insurance operations, corporate governance, internal audit, ERM, and regulatory compliance.
Industry Experience:
Please note that demonstrable experience in both Life and General Insurance, covering relevant areas such as:
Life Assurance
Credit Life & Annuities
Underwriting & Claims
Agency & Bancassurance
Actuarial Operations
Investments
Reinsurance & Microinsurance
General Insurance Business Classes.
Core Competencies:
Strategic Thinking
Leadership
Analytical Skills
Report Writing
Stakeholder Management
Integrity
Business Acumen