Enterprise Risk Manager

Generali Central Life Insurance; Mumbai Suburban; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

A leading insurance company is seeking an experienced Enterprise Risk Manager in Mumbai. The role involves overseeing financial and operational risk reporting, implementing group policies, and conducting risk assessments. Ideal candidates will have a B.Tech, CA, or MBA with 2-5 years of experience in insurance or financial services. Strong analytical skills are essential for this full-time position.

Qualifications

• 2-5 years of experience in insurance, financial services, consulting, risk, or audit.
• 2-5 years in insurance, financial services, risk or audit.
• Strong analytical mindset and risk reporting abilities.
• Experience with regulatory frameworks and governance.

Responsibilities

• Responsible for Financial and Operational Risk reporting to Region/Group.
• Adoption and implementation of Generali Group policies and guidelines.
• Carry out annual Operational Risk Assessment and Main/Emerging Risk Self Assessment.
• Monitor and control key risks and Focused Business Risks, driving improvements.
• Review and finalize RCSA of each function and obtain approvals.
• Prepare risk opinions on business cases.
• Conduct risk assessments related to onboarding new partners and vendors.
• Prepare Risk Management Committee deck and minutes.
• Monitor regulatory/risk appetite framework limits.
• Engage with various functions to ensure effective risk mitigation controls.

Skills

Analytical mindset and skills

Risk reporting

Regulatory compliance

Stakeholder communication

Education

B.Tech, CA, MBA, desired certifications (FRM, IRM, PRMIA)

CA

MBA

FRM

IRM

PRMIA

Tools

Excel

Job description

Direct message the job poster from Generali Central Life Insurance

DM - HR @ GC Life | MBA HR NMIMS Mumbai '24 | Summer Intern @ IndusInd Bank | National Winner DS TrenDSetter 2.0 | National Semi-Finalist - Tata Imagination...

Job Location - Marol (Mumbai)

1. Responsible for Financial and Operational Risk related reporting to Region/Group.

2. Adoption and implementation of Generali Group policies and guidelines.

3. Carry out annual Operational Risk Assessment (ORA) and Main/Emerging Risk Self Assessment (MRSA).

4. Monitor and control key (top) risks and Focused Business Risks (FBRs), driving improvements in governance standards.

5. Review and finalize RCSA of each function and obtain approvals from various function heads.

6. Prepare risk opinions on business cases involving investment instruments/limits, capital infusion plans/proposals, and intra-group transactions.

7. Conduct risk assessments related to onboarding new partners and vendors.

8. Prepare Risk Management Committee (RMC) deck and minutes, ensuring timely closure of actionables from committee meetings.

9. Monitor and control regulatory/group/risk appetite framework (RAF) limits.

10. Engage with various functions to ensure thorough risk identification and effective controls to mitigate risks.

Project-related skills include coordinating with enterprise and sales functions, internal audit, and preparing reports/presentations for discussions at various levels such as leadership teams, management sub-committees, board committees, and regulatory bodies.

Education and Experience

B.Tech, CA, MBA, and desired certifications (FRM, IRM, PRMIA).

2-5 years of experience in insurance, financial services, consulting, risk, or audit.

Analytical mindset and skills.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Other

Industries

• Insurance

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