Enterprise Risk Manager ORSA & Regulatory Excellence

Al Futtaim Private Company (LLC); United Arab Emirates; On-site; AED 250,000 - 450,000; Full time

Job summary

Al Futtaim Private Company (LLC) seeks a Risk Manager to support the CRO in maintaining an independent enterprise risk management function. You will identify, assess, monitor and report material risks, promote sound risk culture, and protect solvency and regulatory standing.

The role requires strong knowledge of UAE insurance regulation, ORSA, solvency, stress testing, and the ability to provide independent challenge across strategy, pricing, and major projects.

Qualifications

• Bachelor’s degree in risk-related field required; postgraduate or professional qualification preferred.
• Typically 3–5 years of relevant experience, including insurance industry experience.
• Strong knowledge of UAE insurance regulation, ERM, ORSA, solvency, stress testing and related areas.
• Board-level reporting, regulatory engagement, and excellent communication skills; English fluent; Arabic advantageous.

Responsibilities

• Maintain enterprise risk management framework, policies, taxonomy, risk register, and committee governance.
• Support risk appetite setting, limits, and KRIs; monitor exposures and escalate breaches.
• Provide independent challenge on strategy, pricing, underwriting, investments, and major projects.
• Coordinate ORSA linking risk profile, strategy, capital, and solvency; conduct stress and reverse-stress testing.

Skills

ERM

ORSA

Regulatory knowledge

Stress testing

Reporting

Communication

Arabic advantage

Education

Bachelor’s degree in risk management, actuarial science, finance, accounting, insurance or a related field

Postgraduate or professional qualification preferred

Job description

Al Futtaim Private Company (LLC) seeks a Risk Manager to support the CRO in maintaining an independent enterprise risk management function. You will identify, assess, monitor and report material risks, promote sound risk culture, and protect solvency and regulatory standing.

The role requires strong knowledge of UAE insurance regulation, ORSA, solvency, stress testing, and the ability to provide independent challenge across strategy, pricing, and major projects.