Head, Enterprise Risk Management & Strategy at International Energy Insurance Plc
Confidential
Lagos, Nigeria
Permanent
Published 1 month ago · Expires 1 week from now
Job description
## Title: Head of Enterprise Risk Management & Strategy
About the Role
An exciting opportunity has arisen for a motivated professional to lead enterprise risk management and strategic planning for an international energy insurance organization.
Key Responsibilities
Enterprise Risk Management Framework
- Develop, implement, and continuously enhance the company's Enterprise Risk Management Framework in line with NAICOM risk-based supervision requirements and global risk management standards
- Lead the formulation and periodic review of risk policies, risk appetite statements, limits, and control frameworks
- Ensure strong governance and reporting to the Board Risk Committee and Executive Management
Risk Identification & Assessment
- Oversee identification and evaluation of underwriting, market, credit, liquidity, operational, strategic, and compliance risks
- Conduct regular risk assessments, scenario analysis, stress testing, and capital adequacy evaluations
- Ensure early identification of emerging risks and recommend appropriate mitigation strategies
- Oversee the development of risk registers, Key Risk Indicators (KRIs), and loss event tracking mechanisms
Compliance & Regulatory Management
- Drive compliance with NAICOM's prudential guidelines, solvency frameworks, reinsurance requirements, and corporate governance codes
- Prepare risk dashboards, reports, and insights for Management, Board Committees, and regulators
- Support NAICOM examinations, compliance reviews, actuarial exercises, and external audits
- Monitor compliance with IFRS 17 disclosures and their risk implications
Risk Mitigation & Monitoring
- Implement and track risk mitigation plans in collaboration with functional units
Business Continuity & Resilience
- Lead the Business Continuity Management (BCM) program and disaster recovery frameworks
- Conduct periodic drills to ensure organizational resilience and regulatory alignment
Strategic Planning
- Lead the development and periodic review of the company's overall corporate strategy, 3–5 year corporate plan, and annual operating plan
- Conduct environmental scanning, competitive analysis, market research, and performance forecasting
- Translate strategic priorities into actionable initiatives, KPIs, milestones, and implementation plans
- Monitor performance across business units
Location
Lagos, Nigeria