Risk & Compliance Manager

Industry: Insurance

HR World Limited, on behalf of our client, is seeking an experienced and strategic Risk & Compliance Manager to develop, implement, and maintain the company’s risk management and compliance frameworks.

Responsibilities:

• Develop, implement, and maintain the Company’s Risk Management Framework.
• Identify, assess, monitor, and report strategic, operational, financial, insurance, and regulatory risks.
• Establish and maintain risk registers and ensure periodic review of key organisational risks.
• Recommend and monitor appropriate risk mitigation strategies to minimise organisational risk exposure.
• Ensure compliance with applicable insurance laws, regulations, and industry requirements.
• Monitor regulatory developments and assess their impact on business operations.
• Coordinate regulatory reporting and submissions and ensure timely compliance with regulatory obligations.
• Advise management on compliance requirements, regulatory changes, and emerging risks.
• Develop and oversee effective internal control frameworks across the organisation.
• Evaluate the effectiveness of policies, procedures, and internal controls and recommend improvements where necessary.
• Support the implementation of corporate governance best practices and ensure compliance with Board-approved policies and risk management standards.
• Conduct compliance reviews and monitoring activities across all departments.
• Investigate compliance breaches and recommend appropriate corrective and preventive actions.
• Track and follow up on the implementation of audit, compliance, and risk recommendations.
• Prepare accurate and timely risk and compliance reports for Executive Management, the Board Risk Committee, and regulators.
• Present risk findings, trends, key exposures, and recommendations to senior management and relevant governance committees.
• Maintain accurate records of risk assessments, incidents, compliance activities, and corrective actions.
• Develop and maintain Business Continuity Management (BCM) and Disaster Recovery Plans.

Qualifications:

• Bachelor’s degree in Insurance & Risk Management or a related field.
• Master’s degree in Risk Management, Finance, Insurance, Business Administration, or a related discipline will be an added advantage.
• Certified Risk Management Professional, ACII, CPA, ACCA, or equivalent professional qualification will be desirable.
• Minimum of 3–7 years of relevant experience in risk management, compliance, audit, governance, or insurance operations.
• Minimum of 2–3 years of experience in a managerial or leadership role.
• Experience within a general insurance company or financial services institution is highly desirable.
• Strong knowledge of Enterprise Risk Management (ERM) principles.

Interested candidates may send their CVs to career@hrworld.co.tz before 28th August 2026.

Only successful applicants will be contacted.