Risk Manager at Old Mutual Insurance Rwanda: (Deadline 4 April 2026)

Job Summary

The purpose of this job is to support the Enterprise Risk Management and Compliance function through the implementation of the Risk Management and Compliance Framework within the standards defined by the Group including the identification, measurement, monitoring and reporting of risk and enforcing compliance with policies, processes, procedures and controls.

Key tasks and responsibilities

• Monitor implementation of the Group’s risk policies, procedures, standards, systems and guidelines and identify gaps to be closed (30%) 
• In conjunction with the Group Head of Financial Risk, conduct stress tests, sensitivity analysis and simulation to update the Board and EXCO on the risks that the company is facing and how to mitigate them (20%)
• Monitor full compliance against established risk standards/benchmarks and regulatory requirements including transaction monitoring, tracking risk & compliance matrix and review of reports sent to the regulator (10%)
• Identify potential areas of risk and controls gaps; provide guidance on how to mitigate the risks identified; conduct follow up to ensure corrective actions are implemented (10%)
• Provide the necessary awareness among management and staff through guidance, communications, and training to ensure compliance with the company’s framework and methodologies including internal policies, procedures, standards and guidelines (10%)
• Provide regular reporting as required on risk including Dashboards and Reports for Financial and Operational risk, quarterly Board reports and Risk Management Reports EXCO (10%)
• Adequacy of personal competence through continuous professional and technical education to effectively perform risk and compliance tasks (10%)
• The incumbent will be responsible for ensuring adherence to, implementation of, and adoption of Compliance, Anti-Money Laundering (AML), and Sanctions-related policies, procedures, and process requirements within Old Mutual Insurance Rwanda. This includes execution of customer due diligence processes, ensuring compliance with Know-Your-Customer (KYC) standards, conducting ongoing and enhanced due diligence, and maintaining data quality. Additionally, the role involves identifying and monitoring potential AML, Sanctions, or Compliance breaches and unusual activities, and escalating these concerns to the Risk and Compliance Office for further action.

Qualifications and experience

• Master’s degree in actuarial science, finance, business administration or related field

• Professional certifications or qualifications in Actuarial Science or Risk Management required.
• A minimum of 5+ years in mid-level risk management experience in the insurance sector

Skills and competencies

• Excellent communication skills.
• Demonstrated ability to motivate and manage a diverse team toward strategic goals of the risk management function.
• Demonstrated ability to build consensus across various constituencies and achieve results through the effort of others.

• Strong planning and organizational skills, with an ability to establish a strategic direction and subsequently outline initiatives and develop priorities in support of that vision.

Please visit our careers page through:https://oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/details/Risk-Manager_JR-77676

Interested candidate are requested to submit their applications by 5.00 p.m. 4th April 2026.

Applicants must possess or be in the process of applying for a POLICE CLEARANCE CERTIFICATE as at the time of making an application.

ONLY short-listed candidates will be contacted.

CLICK HERE TO READ MORE AND APPLY

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