Key Duties and Responsibilities

• Develop and implement enterprise risk management policies and frameworks
• Identify, assess, and monitor organizational risks across all operational areas
• Evaluate the effectiveness of internal control systems and compliance procedures
• Provide independent assurance on operational, financial, and administrative activities
• Conduct periodic risk assessments and recommend mitigation strategies
• Ensure compliance with regulatory requirements, insurance directives, and internal policies
• Provide risk management advisory services to senior management and the Board
• Review and monitor risk management strategies within insurance operations
• Prepare risk assessment reports and compliance evaluation reports
• Promote a risk-aware culture across the organization
• Monitor emerging risks affecting the insurance industry
• Coordinate compliance reviews and regulatory reporting requirements
• Support strategic planning by providing risk analysis and governance insights
• Ensure effective management of operational, financial, and reputational risks

Job Requirements

Education

• Minimum Bachelor’s Degree from a recognized higher learning institution
• Preferably Diploma or Advanced Diploma in Insurance from the Chartered Insurance Institute (CII)
• Additional training in risk management, compliance, finance, or insurance operations is advantageous

Work Experience

• Minimum 10 years of relevant experience in the insurance industry
• At least 4 years in a managerial or leadership position

Experience in one or more core areas of general insurance operations such as:

• Risk management
• Compliance and regulatory affairs
• Internal control or internal audit
• Underwriting operations
• Claims management
• Corporate governance

Required Skills and Competencies

• Strong knowledge of insurance industry regulations and governance frameworks
• Experience in enterprise risk management and compliance systems
• Strong leadership and strategic thinking ability
• Excellent analytical and problem-solving skills
• Ability to evaluate complex operational and financial risks
• Strong communication and reporting skills
• Ability to work closely with senior executives and board members
• High professional integrity and confidentiality
• Excellent decision-making and organizational skills

Application Procedure

Interested and qualified candidates who meet the above requirements are invited to submit:

• Application Letter
• Updated Curriculum Vitae (CV)
• Copies of academic credentials and relevant documents

Applications should be submitted in person or via email before the deadline.

Address

Oromia Insurance S.C.
Board Secretariat Office

📧 Email: oicsecretariato@gmail.com
☎ Tel: +251-115-57-21-21
📮 P.O. Box: 10090
📍 Addis Ababa

Only shortlisted candidates will be contacted.