Financial Risk Manager

FWD Group Management Holdings Limited; Jakarta Selatan; On-site; IDR 200.000.000 - 300.000.000; Full time

Job summary

A leading insurance firm in Jakarta is seeking a Risk Framework Management professional. You will assist in the execution of the Risk Management Framework, conduct risk assessments, and provide advice on risk management policies. The ideal candidate should have a strong background in finance and risk assessment, with experience in stakeholder management. This full-time role offers opportunities for professional development and growth.

Qualifications

• Strong understanding of risk management policies and procedures.
• Ability to conduct risk assessments and identify control gaps.
• Experience in preparing financial risk reports.

Responsibilities

• Assist in updating and monitoring Risk Management policies.
• Execute the Risk Management Framework and conduct assessments.
• Provide solution-oriented advice on Risk Management matters.

Skills

Risk Management

Financial Risk Assessment

Stakeholder Management

Training and Awareness

Education

Bachelor's degree in Finance, Risk Management, or related fields

Job description

locations Indonesia - Jakarta - Pacific Century Place

time type Full time

posted on Posted 26 Days Ago

job requisition id JR-0023607

About FWD Group

FWD Group is a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products, and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance.

PT FWD Insurance Indonesia (“FWD Insurance”), a joint-venture insurance company and a part of FWD Group, previously known as PT Commonwealth Life, merged with PT FWD Life Indonesia (“FWD Life”) as of 1 December 2020, and will be known as FWD Insurance.

The merger of FWD Life and FWD Insurance has expanded the product range to include unit-linked insurance, individual & group term life insurance, personal accident insurance, and group medical insurance, delivered through technology-driven distribution channels such as agency, bancassurance, e-commerce, and corporate.

FWD Insurance is registered and supervised by Otoritas Jasa Keuangan (“OJK”) and is a member of Indonesia Financial Services Alternative Dispute Resolution Center.

Risk Framework Management (FRM) Role

This position is responsible for:

• Assisting the Head of Risk in updating and monitoring Risk Management policies and procedures to ensure alignment with the ERMF, RAF, and ERMP.
• Executing the Risk Management Framework, including conducting risk assessments, identifying control gaps, and creating remediation action plans, with a focus on Financial Risk Management.
• Implementing the Risk Culture Working Plan to enhance employee awareness of ERMF, RAF, ERMP, and risk management practices, in line with the Risk Annual Plan and RCKPI.
• Providing solution-oriented advice on Risk Management matters to all channels/departments, including reviewing Product Approval Reports.
• Preparing and delivering reports to local management and group office, such as Financial Risk Reports, in a timely manner.
• Supporting risk assessments for company initiatives/projects to mitigate negative impacts.
• Completing and monitoring Key Control Self Assessments (KCSA) and risk register reviews.
• Monitoring outstanding audit issues and ensuring timely resolution by business units.
• Maintaining good relationships with business units and conducting training to increase awareness of financial risks.

FWD Group is listed on the Main Board of The Stock Exchange of Hong Kong Limited under stock code 1828.