Senior Insurance Risk Manager

Placements24; Kimberley; Hybrid; CAD 120,000 - 170,000; Full time

Job summary

Placements24 is assisting a client in Kimberley to recruit a Senior Insurance Risk Manager. You will oversee enterprise-wide risk management, focusing on operational, financial, strategic and regulatory risks in the insurance sector, with a fully remote work setup.

In this role you will develop risk strategies, policies and procedures, embed a risk-aware culture across the organization, and report to senior leadership and the board, delivering substantial impact and strategic resilience.

Qualifications

• Master's degree in Finance, Risk Management, or MBA.
• 7+ years of progressive risk management experience in insurance.
• Proven expertise in ERM and ORM methodologies.
• Strong analytical and strategic thinking with leadership skills.

Responsibilities

• Develop and maintain the company's overall risk management framework and strategy.
• Identify, assess, and prioritize key risks across all functions and product lines.
• Design and implement risk mitigation plans and controls to reduce impact.
• Monitor and report on risk profile to senior management and board.
• Ensure regulatory compliance related to risk management.
• Promote a proactive risk culture through training and communication.

Skills

ERM

ORM

Risk assessment

Leadership

Stakeholder mgmt

Regulatory knowledge

Education

Master's degree in Finance/ Risk Management/ Business Administration

Tools

FRM

CRM

PRM

Job description

Our client seeks a seasoned and strategic Senior Insurance Risk Manager to oversee and enhance their enterprise-wide risk management framework in Kimberley . This critical role involves identifying, assessing, and mitigating a broad spectrum of risks, including operational, financial, strategic, and compliance risks, specific to the insurance sector. You will develop risk management strategies, policies, and procedures, working closely with senior leadership to embed a strong risk-aware culture throughout the organization. This position offers a challenging and rewarding opportunity for an experienced risk professional to make a substantial impact, benefiting from the flexibility of a fully remote working setup.

Key Responsibilities

• Develop, implement, and maintain the company's overall risk management framework and strategy.
• Identify, assess, and prioritize key risks across all business functions and product lines.
• Design and implement risk mitigation plans and controls to reduce potential financial and operational impacts.
• Monitor and report on the company's risk profile to senior management and the board of directors.
• Ensure compliance with all relevant regulatory requirements related to risk management.
• Promote a proactive risk management culture through training and communication initiatives.

Requirements

• Master's degree in Finance, Risk Management, Business Administration, or a related field.
• Minimum of 7 years of progressive experience in risk management , with a significant focus on the insurance industry .
• Proven expertise in various risk management methodologies (e.g., ERM, ORM).
• Strong analytical, strategic thinking, and decision-making capabilities.
• Excellent leadership, communication, and stakeholder management skills.
• Professional certifications such as FRM, CRM, or PRM are highly desirable.

Benefits

• Executive-level compensation package including salary and significant bonus opportunities.
• Fully remote position providing extensive work-life flexibility.
• Premium health insurance, life assurance, and retirement fund benefits.
• Generous budget for professional development, certifications, and industry conferences.
• A pivotal role in shaping the company's risk appetite and resilience.