{"id":4018262,"url":"https://alion.io/job/cic-insurance-group-internal-auditor","title":"Internal Auditor","company":{"id":2467372,"name":"CIC Insurance Group","domain":"cicinsurancegroup.com","url":"https://alion.io/company/cicinsurancegroup","size_band":"201-500","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Career site","truth_index":null},"role":"Finance","role_family":"Finance","seniority":"middle","employment_type":null,"work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Nairobi, Kenya"],"countries":["KE"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":null,"experience_years_min":4,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[],"status":"live","first_seen_at":"2026-11-10T12:11:49Z","employer_posted_date":"2026-11-10","last_verified_at":"2026-11-11T00:20:36Z","board_verified":true,"closed_at":null,"days_open":0,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":0},"description":"About Us\nCIC Insurance Group is a leading insurance and financial services organisation with more than five decades of experience helping individuals, families, and organizations achieve financial security.\nWe have grown into a dynamic Group offering life, general, micro insurance, asset management, and investment solutions, with operations in Kenya, Uganda, South Sudan, and Malawi, and are listed on the Nairobi Securities Exchange.\nOur tagline, “We Keep Our Word,” reflects our unwavering commitment to integrity, transparency, and delivering on our promises to our clients, partners, and communities.\nCIC Group is passionate about innovation, digital transformation, and inclusive insurance solutions that meet the evolving needs of cooperatives, SMEs, corporates, and individuals. By joining us, you will be part of a team that is shaping the future of financial protection across Africa.\nAbout the Role\nReporting to the Internal Audit Manager, the role holder will be responsible for providing independent, objective assurance and advisory services on the adequacy and effectiveness of governance, risk management and internal control processes for CIC Asset Management Limited (CICAM) across the Group\nKey Responsibilities:\nAudit planning, execution and reporting\nDevelop and execute risk-based audit programmes covering asset management and investment activities.\nConduct end-to-end audits of investment portfolios, investment products, fund management and investment operations.\nIdentify root causes of investment control weaknesses, regulatory breaches and operational risks.\nPrepare clear, evidence-based audit reports with practical recommendations and management action plans.\nPresent significant investment audit findings and risk exposures to the Internal Audit Manager and / or Director, Internal Audit.\nMonitor implementation of audit recommendations and conduct regular follow-up reviews.\nProvide independent advisory input on new investment products, investment platforms and changes in investment management processes.\nInvestment portfolio management and oversight\nAudit investment portfolio management activities, including asset allocation, investment selection and portfolio rebalancing.\nEvaluate compliance with approved investment strategies, investment mandates, and investment policy statements.\nReview investment decisions to establish whether they are supported by appropriate research, financial analysis, due diligence and authorized approvals.\nAssess compliance with investment limits, asset allocation thresholds, concentration limits and regulatory investment restrictions.\nAudit investment portfolios comprising equities, government securities, corporate bonds, money market instruments, deposits, collective investment schemes and other alternative investments, as applicable.\nReview portfolio performance measurement, benchmark selection, investment returns, yields and attribution analysis.\nAssess the adequacy of monitoring and escalation of investment performance deviations and portfolio breaches.\nRegulatory compliance\nAudit compliance with the Capital Markets Act and applicable CMA regulations, guidelines, circulars and directives.\nAssess compliance with applicable requirements governing fund managers, investment advisers, collective investment schemes and alternative investment funds, as relevant.\nReview regulatory capital, financial resource and prudential requirements, where applicable.\nAudit the preparation, accuracy and timely submission of regulatory returns.\nAssess compliance with requirements relating to client asset protection, custody arrangements, segregation of client funds and investor disclosures.\nReview regulatory inspections, compliance findings, breaches and implementation of corrective actions.\nAssess the effectiveness of controls over regulatory change management.\nInvestment risk management and governance\nAssess the effectiveness of the investment risk management framework and compliance with approved risk appetite.\nReview the governance and effectiveness of the Investment Committee and other investment oversight structures.\nEvaluate the adequacy of investment policies, procedures, delegated authorities and approval frameworks.\nReview portfolio stress testing, scenario analysis, liquidity management and investment risk reporting.\nAssess monitoring of counterparty exposures, credit risk and portfolio concentration.\nWho We’re Looking For\nEssential Knowledge/Skills and Experience Required:\nBachelor’s degree in Finance, Accounting, Economics, Investment Management, Actuarial Science or a related discipline\nProfessional Qualifications\nCandidates must possess at least one of the following:\nCertified Public Accountant (CPA-K).\nCertified Internal Auditor (CIA).\nAssociation of Chartered Certified Accountants (ACCA).\nCertified Investment and Financial Analyst (CIFA)\nAdditional qualifications in Financial Risk Management (FRM), Information Systems Auditing (CISA) or Risk Management Assurance (CRMA) will be an advantage.\nMembership to a professional body will be an added advantage.\nExperience Required:\nMinimum of 4 years of relevant professional experience, with at least 2 years of direct experience in auditing asset management, investment management, fund management or investment operations and 2 years’ experience in the big 4 audit firms.\nPractical exposure to auditing investment portfolios and investment transactions.\nDemonstrable understanding of financial markets and investment products.\nInsurance Professional Qualification is desirable.\nIf you have the aforementioned professional and academic qualifications and you are ready to execute the above mandate, strictly apply through: https://careers.cicinsurancegroup.com/ clearly indicating the position being applied for.\nThe application should reach us by close of business on 17th November, 2026. Please note only short-listed candidates will be contacted. If you do not hear from us by 15th December, 2026 consider your application unsuccessful.\nCIC Group is an equal opportunity employer and does not solicit or require any form of payment for employment opportunities.\nN/B: This job advert is open to both internal and external candidates. \n\n.","description_format":"text","description_chars":6203,"description_truncated":false,"requirements":{"experience_years_min":4,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":[],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Property & Casualty Insurance","Life Insurance & Annuities"],"lifecycle":[{"event":"open","at":"2026-11-10T13:56:33Z"}],"visa":[],"liveness":{"score":86,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.86,"p_room":1,"age_days":0,"expected_fill_days":10,"reasons":["conf:2","win:early"],"computed_at":"2026-11-11T02:32:03Z"},"pay":null,"html_url":"https://alion.io/job/cic-insurance-group-internal-auditor","json_url":"https://alion.io/job/cic-insurance-group-internal-auditor.json","meta":{"generated_at":"2026-11-11T02:32:03Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":675,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-12T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.1,"usd":0.01,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":2467372},"rest":"https://alion.io/mcp/rest/get_company?id=2467372"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fcic-insurance-group-internal-auditor"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":2,"usd":0.2},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fcic-insurance-group-internal-auditor"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.1,"usd":0.01},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fcic-insurance-group-internal-auditor"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/cic-insurance-group-internal-auditor\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fcic-insurance-group-internal-auditor"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":4018262}},{"tool":"search_jobs","arguments":{"company":"cicinsurancegroup.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":4018262},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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