Reporting to the Audit Committee Chairman, the Internal Auditor will review the various operations of the departments both in life and general business to ensure compliance with the set controls, report any short falls and give recommendations to the audit committee.

Principal Accountabilities:

• Carry out periodic and continuous internal audit exercises on all functions and assets of the organization to minimise the risk of loss
• Continuously evaluate internal control systems in line with changing demands and ensure that the systems are appropriately designed to serve the best interest of the organization at all times
• Ensure that operations in various departments are conducted in compliance with laid down policy, procedure, work instructions and statutory regulations
• Evaluate audit findings, draw comparisons and analytical reviews and advise the audit committee on continuous improvement measures
• Identify and profile various risks inherent in specific audit assignments, discuss them with the audit committee and jointly agree on actions to be implemented for risk mitigation
• Analyse the issues identified during audits, to so as to point out the risks they pose on the company
• Understand the company’s strategy and business objectives so as to focus Audit’s work on the highest risks
• Continuously review operating policies, procedures and work instructions and make recommendations to the audit committee on the necessary improvements
• Evaluate, and examine policies, procedures and systems that are in place so as to protect the assets of the company
• Regularly report to the Board audit committee on activities, issues and related recommendations

• Bachelor’s Degree in commerce (Accounting or Finance option)
• CPA (K) or equivalent
• At least 5 years’ experience in a similar function
• Knowledge of the insurance industry policies, procedures, regulations, and laws
• Knowledge of and skill in applying internal auditing principles and practices
• Knowledge of the standards of the professional practice of internal auditing and the code of ethics developed by the Institute of Internal Auditors (IIA)
• Basic MS office skills
• Possess strong interpersonal, communication and negotiation skills
• Self-driven individual with impeccable integrity