Product & Strategic Risk Partner

AIA Indonesia; Jakarta Pusat; On-site; IDR 350,000,000 - 600,000,000; Full time

Job summary

AIA Indonesia is seeking an experienced Risk Manager to support the Board and risk committees by developing and maintaining an enterprise risk framework across directorates. You will drive risk assessment, data analytics, policy reviews and audit coordination to ensure regulatory compliance and effective risk controls.

The role requires 7+ years in enterprise risk management within life insurance, with Big 4 audit exposure as a plus.

Qualifications

• Bachelor’s degree + 7+ years in enterprise risk management (life insurance).
• Auditing/consulting experience in financial services, Big 4 is an advantage.
• CRM or similar certification is an advantage.
• Proactive, assertive with strong stakeholder management with senior leadership.
• Excellent attention to detail and analytical skills.
• Good English proficiency (written and spoken).

Responsibilities

• Support Board, Risk Committees, AIA Group and AIAF Executives in risk management framework.
• Manage risk processes: risk register, RCA, control testing, incidents, issues, KRIs, third-party risk.
• Perform risk assessments for new initiatives, regulations, products, emerging risks, with mitigation advice.
• Develop data-driven risk analytics for monitoring trends and reporting.
• Review policies and SOPs for adequacy and regulatory relevance.
• Assist in internal/external audit activities and action follow-ups.
• Prepare risk profile reports for internal boards, committees, Group and regulators.
• Promote risk culture through training and communications.

Skills

Operational risk

Risk analytics

Stakeholder management

Audit coordination

Risk reporting

Regulatory knowledge

Attention to detail

English proficiency

Education

Bachelor's degree

CRM certification

Job description

At AIA we’ve started an exciting movement to create a healthier, more sustainable future for everyone.

It’s about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030.

And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business.

Sound like you? Then read on.

About The Role

Supports the Board, the Risk Committees, the AIA Group and AIAF Executives in developing and maintaining an appropriate Risk Management Framework.

• Ensure sound implementation and continuous improvement of Operational Risk Management framework across the assigned directorates as well as product & strategic programs.
• Ensure effective planning and execution of Operational Risk Management processes, including risk register, risk & control assessment (RCA), control assurance testing, incident log, issue management, key risk indicator, and third-party assessment.
• Perform comprehensive risk assessments for new strategic initiatives, regulations, products, as well as emerging risks, and provide advisory recommendation to mitigate potential risk exposures and ensure continuous process improvement.
• Develop data-driven risk analytics capabilities to enable close monitoring of key risk trend and proactive risk insight reporting to assist stakeholders in making risk-based decision.
• Review policies, standards, and SOPs across the assigned directorates to ensure its control adequacy and relevancy to current business practice as well as applicable regulations.
• Assist the assigned directorates in managing both external and internal audit activities to ensure proper implementation of process improvement recommendations.
• Prepare regular risk profile reporting, both for internal board, committees, Group, and regulatory purposes.
• Promote a strong risk awareness culture through regular risk communication initiatives and continuous risk training/socialization programs.
• Minimum bachelor’s degree in any discipline, with minimum 7 years of experience in enterprise risk management in life insurance companies. Experience as an auditor and/or consultant (handling financial service companies) in a big 4 public accounting firm is an advantage.
• Professional certification such as Certified Risk Manager (CRM) or similar is an advantage.
• Proactive, assertive, and possess good stakeholder management, especially with senior leadership.
• Excellent attention to detail and analytical skills with the ability to produce holistic risk insight and management reporting.
• Good proficiency in English, both written and verbal

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.