Senior Insurance Risk & Controls Leader

WeLab; Hong Kong; On-site; HKD 600,000 - 1,200,000; Full time

Benefits offered by this job

Learning stipend

Wellness program

Open plan office

Social activities

Positive culture

Job summary

WeLab is seeking an experienced Insurance Risk professional to lead risk governance, controls, and regulatory compliance across its insurance distribution processes in Hong Kong. The role collaborates with Product, IT, Compliance, Legal, Finance, and Operations to embed controls throughout the product lifecycle, including new launches and risk remediation.

The ideal candidate has 5+ years in insurance risk or internal audit within large financial institutions, with HK regulatory familiarity and

Qualifications

• Bachelor’s degree as required; 5+ years in insurance risk, operational risk, compliance, or internal audit preferred.
• Experience in General Insurance and Life products is advantageous.
• Familiarity with HK regulatory requirements for insurance distribution.
• Strong analytical and problem-solving skills.
• Fluent in English and Cantonese; Mandarin advantageous.

Responsibilities

• Embed controls into sales journeys, system changes, and new product launches with Product, IT, Compliance, Legal, Finance, and Operations.
• Develop and maintain insurance risk and control framework, policies, and governance processes; chair or support risk forums and control committees.
• Identify, assess, monitor operational and conduct risks across product lifecycle, distribution, and claims; design and run control testing, gap analyses, remediation plans.
• Ensure compliance with internal governance and regulatory requirements for insurance distribution.
• Prepare regulatory submissions and periodic risk reports; support regulatory inspections and queries.
• Define and monitor risk KPIs and control metrics; use data analytics to detect emerging risks and inform controls.
• Provide ad hoc support as assigned.

Skills

Risk management

Regulatory knowledge

Auditing

Data analytics

AML/KYC

Regulatory reporting

Governance frameworks

Education

Bachelor’s degree in Finance, Risk Management, Business, Law, or related

Job description

WeLab is seeking an experienced Insurance Risk professional to lead risk governance, controls, and regulatory compliance across its insurance distribution processes in Hong Kong. The role collaborates with Product, IT, Compliance, Legal, Finance, and Operations to embed controls throughout the product lifecycle, including new launches and risk remediation.

The ideal candidate has 5+ years in insurance risk or internal audit within large financial institutions, with HK regulatory familiarity and