New careers at Apollo Life Assurance – APA Insurance

Finance jobs, Accounting jobs, Business related jobs, IT jobs, Risk Management jobs,

Assistant Manager – Internal Audit


  • Directs audit staff in the planning, organizing, directing, and monitoring of internal audit operations, including assisting in hiring, training, and evaluating staff and taking corrective actions to address performance problems.
  • Directs the identification and evaluation of the organization’s risk areas and oversees the development of the annual audit plan.
  • Directs the overall performance of audit procedures, including identifying and defining issues, developing criteria, reviewing and analysing evidence, and documenting processes and procedures.
  • Directs the audit staff in conducting interviews, reviewing documents, developing and administering surveys, composing summary memos, and preparing working papers.
  • Directs the audit staff in the identification, development, and documentation of audit issues and recommendations.
  • Communicates the results of audit and consulting projects via written reports and oral presentations to management and Reports to the Board Audit & Risk Committee.
  • Pursues professional development opportunities, including internal and external training and Professional association memberships, and shares information gained with colleagues.
  • Deputize the Head of internal audit at management and board meetings and with external Organizations.
  • Performs related work as assigned by the Head of Internal Audit and GCEO.


  • Bachelor’s degree in Accounting/Finance or any business-related field.
  • MBA is an added advantage.


  • Demonstrates a sound understanding of conducting risk-based audits and the regulatory frameworks
  • Strong leadership and management skills to successfully motivate, coach, and develop team members to attain a high-performance culture
  • Excellent oral and written communication skills
  • Proven relationship skills including a demonstrated ability to deal effectively with business units and staff at all levels.
  • Quickly understand business processes and their risk implications, analyze complex situations, reach appropriate conclusions, and make value-added and practical recommendations.
  • Decision-making –the ability to make strategic decisions in a timely and effective manner
  • High moral and ethical standing
  • Highly motivated
  • Provide leadership and guidance to staff as a highly self-motivated individual.
  • Facilitate strong analytical/quantitative skills.
  • Intelligent, clear, and logical thinker.
  • Fit well into a consultative role rather than a command-and-control role.


  • CPA(K), ACCA, CISA. CFA or equivalent.
  • Membership to a relevant professional body e.g. ICPAK, ISACA, IIA, ACFE.


  • 5 years’ experience in a similar position in the financial industry preferably an insurance company; three of which should be in a managerial capacity in a busy multi-subsidiary company.
  • Proven experience and expertise in managing an audit function at the senior level.




  • In conjunction with management, facilitating the identification and assessment of risks in line with the Group’s Enterprise Risk Management framework and updating outcomes in the risk registers.
  • Monitoring of risks and preparation of reports to management and other risk committees on various aspects of risk management 
  • Following-up proactively on action plans put in place by management to address risk exposures and report on the same
  • Conducting risk analysis and quantification of financial risks through sensitivity analyses and stress testing for financial and insurance risks as well as major projects in the company. 
  • Implement the risk and compliance policies and procedures in place. 
  • Keep abreast with the applicable laws, regulations, rules and standards in the risk & compliance fraternity and advice on the emerging developments of the same. 
  • Scanning environmental risks and identifying new threats and opportunities that may impact on the business.
  • Creating awareness on risk management to facilitate embedding of a risk-conscious culture across the Company
  • Coordinate BCP in conjunction with the Group Head of Risk and Compliance and ensure the group’s business continuity risks are adequately mitigated


  • Implement the annual compliance program incorporating legal, regulatory, and internal policies & procedures for all the entities in the group 
  • Ensure that all applicable legislation are complied with by each company within the group through day to day monitoring and regular review of compliance to legislation, regulations and internal policies and controls. 
  • Maintain correspondence with all regulators on all regulatory and supervisory issues. 
  • Implement an ethics program and report on the status of compliance

Anti-Money Laundering 

  • Implement a robust Anti-Money Laundering and Counter Terrorist Financing Programme as well as on any new laws and regulations affecting the group as they emerge. 
  • Inform and advise Apollo Group, employees, and third parties of their obligations under the POCAMLA Act 
  • Monitor compliance with POCAMLA Act and Apollo Group Compliance and AML policies in relation to Money Laundering, including raising awareness of these policies amongst Apollo Group employees, ensuring relevant and continuous staff training, and auditing and reviewing Apollo Group systems and procedures
  • Act as the contact point with regulators and the Board on issues relating to Apollo Group’s AML/CFT Activities such as reporting suspicious transactions related to money laundering and the fight against terrorism financing
  • Provide advice to Apollo Group, where requested, regarding AML/CFT Compliance Risk Assessments and to monitor their performance

Other Responsibilities 

  • Provide training to Management and Staff at Apollo Group by organizing, designing, and delivery of Risk and Compliance training programmes.


  • Bachelor’s degree in Finance/Business/IT/Risk Management or an equivalent


  • Proven exposure to Risk Management and excellent understanding of the principles of risk management
  • An understanding of the Regulatory environment within a Financial Services and Insurance company. This includes AML laws and regulations
  • Proven exposure to Internal Control Systems 
  • Excellent report writing, presentation and communication skills
  • IT proficiency i.e. experience in analysis using statistical packages, MS Excel, and other analytical tools 
  • Continuous Process Improvement understanding
  • Analytical thinking and problem-solving skills with attention to detail
  • Team Player and People skills
  • Understanding of Quality Management Systems will be an added Advantage


  • CPA (K), CISA, CIA or QMS Lead Auditor
  • Risk Management qualification 
  • Compliance qualifications
  • AML Certifications will be an added advantage 


  • At least 1-3 years in a risk management environment within a large organization preferably in a financial services industry
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