ZEP-RE (PTA Reinsurance Company) is a regional organisation mandated to promote trade, development and integration within the Common Market for Eastern and Southern Africa (COMESA) through insurance and reinsurance business. ZEP-RE was created by an Agreement of Heads of State and Governments of the region on 21st November 1990 in Mbabane, Swaziland.
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Conduct comprehensive risk assessments to identify and evaluate financial, operational, strategic, and compliance-related risks across the business.
Analyse key risk indicators (KRIs), financial performance data, and market intelligence to proactively identify emerging risks and opportunities.
Support the development, implementation, and continuous improvement of the organization’s risk management framework, strategies, and policies.
Maintain and update the enterprise risk register, ensuring timely documentation and tracking risk mitigation plans.
Collaborate with departments including underwriting, finance, claims, legal, and operations to assess and address cross-functional risks.
Prepare and present risk reports and dashboards for executive management, board committees, and regulators.
Monitor adherence to internal risk management policies and external regulatory requirements (e.g., insurance regulators, IFRS 17, ORSA, etc.).
Support the integration and maintenance of risk management tools, including incident reporting and control testing systems.
Facilitate risk awareness training and workshops to build a strong risk culture within the organization.
Evaluate the effectiveness of implemented risk mitigation controls and propose improvements where necessary.
Stay current on reinsurance industry trends, risk-related regulations, and emerging risks (e.g., ESG, cyber risks, geopolitical).
Requirements
Minimum requirements
Bachelor’s degree in Risk Management, Actuarial Science, Finance, Economics, Insurance, or a related field.
Progression in professional certification in risk, finance, or insurance is desirable.
Minimum of 2–4 years of relevant experience in risk management, preferably in a reinsurance or financial services environment.
Demonstrated experience working with enterprise risk frameworks, regulatory compliance, and risk analytics tools.
Familiarity with regional and international regulatory environments affecting reinsurance (e.g., Insurance Regulatory Authorities, Solvency frameworks).