145 Senior Underwriter Risk Assessment Specialist jobs in Kenya

• Analyze and evaluate insurance applications, focusing on property, casualty, or specialty lines, to assess risk exposure.
• Determine the insurability of applicants based on risk assessment and company guidelines.
• Set appropriate premium rates, deductibles, and policy terms and conditions for individual risks.
• Develop and maintain a strong understanding of market trends, regulatory changes, and competitive landscape.
• Collaborate with brokers and agents to gather necessary information and explain underwriting decisions.
• Identify opportunities for cross-selling and up-selling related insurance products.
• Provide guidance and mentorship to junior underwriters.
• Contribute to the development and refinement of underwriting policies and procedures.
• Monitor the performance of a book of business, identifying trends and potential issues.
• Effectively communicate complex underwriting decisions to internal and external stakeholders.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• A minimum of 8 years of progressive experience in insurance underwriting.
• Proven expertise in risk assessment and analysis across various insurance lines.
• Strong knowledge of insurance principles, regulations, and market practices.
• Excellent analytical, critical thinking, and decision-making skills.
• Exceptional communication, negotiation, and interpersonal abilities.
• Proficiency in underwriting software and relevant insurance databases.
• Relevant professional designations (e.g., CPCU, AU) are highly preferred.
• Ability to work independently and manage a demanding workload in a remote setting.

• Develop, implement, and maintain the enterprise-wide risk management framework.
• Identify, analyze, and monitor financial risks, including market risk, credit risk, liquidity risk, and operational risk.
• Design and oversee stress testing and scenario analysis exercises.
• Ensure compliance with relevant financial regulations and reporting requirements.
• Develop and manage risk mitigation strategies and action plans.
• Provide expert advice and guidance on risk-related matters to senior management and business units.
• Lead and mentor a team of risk professionals, fostering their development and performance in a remote setting.
• Prepare regular risk reports for executive leadership and board committees.
• Stay informed about emerging risks and best practices in financial risk management.
• Promote a culture of risk awareness and ethical conduct throughout the organization.

• Master's degree in Finance, Economics, Business Administration, or a related quantitative field. Professional certifications such as FRM or CFA are highly desirable.
• Minimum of 7-10 years of progressive experience in financial risk management, with a proven track record in a leadership role.
• Comprehensive knowledge of risk management principles, methodologies, and tools.
• In-depth understanding of financial markets, banking operations, and regulatory frameworks (e.g., Basel Accords).
• Strong analytical and problem-solving skills with the ability to interpret complex financial data.
• Excellent leadership, communication, and interpersonal skills, crucial for managing a remote team and interacting with diverse stakeholders.
• Proficiency in risk management software and data analysis tools.
• Ability to work independently, manage multiple priorities, and deliver high-quality results in a remote environment.

KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. Our purpose is to inspire confidence and empower change. We have a notable Africa Footprint serving clients across the continent. Our East Africa practice comprises Kenya, Uganda, Tanzania, and Rwanda.

The Nairobi office serves as the regional coordinating office providing the required networking to facilitate delivery of services on a timely basis to meet and exceed our clients' expectations.

Key roles and responsibilities

Manage Engagements.

• Supporting with the organization and execution of multiple financial risk management engagements (including projects relating to regulatory, credit risk management / modelling, market risk / valuations, etc.).
• Supporting with other strategic engagements to assist clients with enhancing their financial risk management capabilities.
• Developing a client account plan and engaging with a vast client-base within the financial services industry, including banks, development finance institutions, micro-lenders and retailers.

Business Development.

• Develop and maintain relationships with decision makers at key clients
• Contribute to proposal development efforts
• Manage engagement risk and project budget
• Report to Africa USAID account lead partner on key performance metrics – Pipeline & assignments

Team Development.

• Support the development of strong delivery teams, from recruitment, mentoring, on the job development and retention
• Day-to-day management of staff to deliver on assignments and project, as well as perform administrate task over the team management (such as planning, operational matters and budgeting)
• Mentor /coach senior staff with career growth.

Personal Development.

• Involvement in community and office initiatives
• Contribute to thought leadership via at least three activities e.g. articles and speaking at events
• National / local training instructor
• Ensure continuous learning through compliance to 40 Continuous Professional Development (CPA) hours

Risk Management

Ensure 100% compliance to Quality and Risk Management Policies, Standards and Procedures.

Any other tasks that will be assigned to you.

Lead- Financial Risk Management

Academic/Professional qualifications and Experience:

• Must have a Master's degree in accounting, business, actuarial science, or related relevant degree course
• Must have a minimum 10 years of experience in a quantitative credit risk-based role.
• FRM (GARP) is an added advantage
• Coding experience is an added advantage.

Technical competencies & Personal attributes:

• Relevant experience within a quantitative credit risk-based role would be desired.
• Well versed in contemporary mathematical / statistical techniques and practices in financial risk management areas (e.g. credit risk modelling, etc.).
• Strong analytical & problem-solving skills, with the ability to proactively engage and consult with others across all levels.
• Must demonstrate strategic insights on client management and engagements.
• Experience of leading teams, coaching and mentoring staff.
• Able to work effectively in a fast-paced environment with conflicting priorities and deadlines.
• Drive market opportunities and engage with clients.
• Strong business writing, report writing, presentation and research skills.
• A high aptitude for learning new approaches and innovation.
• Proven experience in formulating business strategy and growth.
• Diligent and committed to excellence.
• Excellent coordination and planning skills.
• Resilience and Tenacity: must be able to always sustain motivation and commitment and can contain and absorb stressful moments and issues.
• Willingness to travel within and outside the region on a need basis.

We offer:

1. An exciting opportunity to work with a Big 4 firm on cutting edge clients across Africa.
2. Continuous learning and development.
3. Exposure to multi-disciplinary client service teams.
4. Unrivalled space to grow and be innovative.
5. Opportunity for international travel.

If your career aspirations match this exciting opportunity,

please use the link below to apply:

If your career aspirations match this exciting opportunity, please use the link below to apply: Financial Risk Management Lead – Candidate's Summary. Filling the link is mandatory for consideration alongside your application to quoting '
Financial Risk Management Lead'.
This position shall be shortlisted on a rolling basis.

Please note that only shortlisted candidates will be contacted.

• Develop and implement enterprise-wide risk management policies and procedures.
• Identify, assess, and monitor financial risks, including credit risk, market risk, liquidity risk, and operational risk.
• Design and oversee stress testing and scenario analysis programs.
• Develop risk appetite statements and key risk indicators (KRIs).
• Ensure compliance with relevant financial regulations (e.g., Basel Accords, local banking laws).
• Collaborate with business units to integrate risk management into strategic decision-making.
• Prepare comprehensive risk reports for senior management and the Board of Directors.
• Lead and mentor a team of risk analysts and managers.
• Stay abreast of emerging risks and evolving regulatory landscapes.
• Develop and maintain strong relationships with internal and external stakeholders, including regulators.

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field. A professional certification like FRM or PRM is highly desirable.
• Minimum of 7-10 years of progressive experience in financial risk management within the banking or financial services sector.
• In-depth knowledge of various financial risk types and risk modeling techniques.
• Proven experience in developing and implementing risk management frameworks and policies.
• Strong understanding of banking regulations and compliance requirements.
• Excellent analytical, problem-solving, and strategic thinking skills.
• Exceptional leadership, communication, and interpersonal skills, with the ability to influence stakeholders at all levels.
• Proficiency in risk management software and data analysis tools.
• Ability to manage complex projects and lead cross-functional teams in a remote setting.
• Demonstrated ability to think critically and make sound judgments under pressure.