Risk Manager

Position Overview

Risk Identification & Assessment

• Develop, implement, and maintain the company's Enterprise Risk Management (ERM) framework and risk appetite statements.
• Conduct regular risk assessments across all business lines (Property & Casualty, Life & Health, Reinsurance, etc.).
• Evaluate underwriting guidelines, claims exposures, concentration risks, and investment portfolio risks.

Risk Governance & Compliance

• Oversee compliance with insurance-specific regulatory standards, risk governance guidelines, and capital requirements (e.g., ORSA, Solvency II).
• Lead the preparation of executive-level risk reports and presentations for the Board of Directors, Risk Committee, and regulatory bodies.
• Maintain and update the corporate Risk Register, tracking key risk indicators (KRIs) and mitigation plans.

Scenario Analysis & Stress Testing

• Collaborate with actuarial and finance teams to design and execute stress testing, scenario analysis, and loss modeling for emerging risks (e.g., climate, cyber, macroeconomic shifts).
• Monitor market trends, catastrophe risk exposures, and reinsurance coverage adequacy.

Operational & Strategic Support

• Provide risk advice and oversight for new insurance products, strategic partnerships, and major technology implementations.
• Conduct Root Cause Analysis (RCA) for operational risk events and control failures, recommending corrective actions.
• Promote a culture of risk awareness by providing training and support to business units.

Qualifications & Requirements

• Bachelor's degree in Risk Management, Actuarial Science, Finance, Business Administration, or a related quantitative field.
• Master's degree preferred.
• 5-8+ years of progressive experience in risk management, actuarial science, or financial risk analysis within the insurance or banking industry.
• Deep understanding of insurance balance sheets, underwriting risks, reserving, and investment risk.
• Proficiency in risk modeling, data analysis tools (Excel, SQL, Python/R), and ERM software platforms.

Key Competencies

• Analytical Thinking: ability to synthesize complex data into actionable risk insights.
• Communication: exceptional verbal and written communication skills to explain technical risk concepts to non-technical stakeholders.
• Collaboration: strong interpersonal skills to build relationships across department silos.
• Strategic Vision: ability to align risk management activities with business strategy and growth targets.