Risk & Compliance Senior Analyst Kuala Lumpur, Malaysia

BERKSHIRE HATHAWAY SPEC INS; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading insurance firm in Kuala Lumpur seeks a Risk & Compliance Senior Analyst to support the Australasia business. Key responsibilities include managing risk assessments, ensuring compliance with regulatory laws, and reporting on risk data. The ideal candidate will have over 7 years of experience in risk or audit, excellent communication skills, and a passion for compliance within a collaborative team. Competitive compensation and growth opportunities are provided.

Benefits

Competitive package

Exciting growth opportunities

Dynamic work environment

Qualifications

• 7+ years of work experience.
• Background in risk or audit, with compliance experience valued.
• Experience in a professional services firm is highly regarded.

Responsibilities

• Conduct comprehensive risk assessments and develop mitigation strategies.
• Monitor risks and gather risk data from the business.
• Support incident investigations and manage risk event reporting.

Skills

Risk management

Compliance

Audit

Communication skills

Team collaboration

Education

Undergraduate qualification in Finance, Risk, Audit, Business, Law

Job description

A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Berkshire Hathaway Specialty Insurance (BHSI) is a general insurer with an exciting opportunity for a Risk & Compliance Senior Analyst with financial services industry experience to join our Legal, Risk & Compliance team. Based in our Kuala Lumpur office, you will be predominantly supporting the Australasia business, working at the direction of our Risk & Compliance Manager, Australasia, and be a part of our Malaysia branch operation. The role will fulfill and aid with a diverse range of business activities, including risk management, regulatory requirements, and compliance for our growing business.

Duties & Responsibilities

• Working closely with and at the direction of our Risk & Compliance Manager.
• Conduct comprehensive risk assessments and develop mitigation strategies.
• Monitoring of risks and gathering risk data from the business, preparing a variety of risk reports.
• Support incident investigations and manage risk event reporting throughout the business.
• Conduct control testing, identifying gaps and recommending improvements, including control design.
• Assisting business units undertake assurance activities.
• Working with internal and external audit to facilitate work streams, and answer information requests as needed.
• Manage and monitor audit and risk issues and recommendations to closure.
• Digesting complaints trends for the business, and preparing written reports.
• Monitor regulatory developments and ensure compliance with relevant laws.
• Maintain and enhance the enterprise risk management framework and compliance programs.
• Information Systems – Manage and maintain records supporting compliance with prudential standards, and financial services laws, through use and operation of a Governance, Risk & Compliance system.
• Assist with training and awareness programs on risk and compliance topics.
• Support the Risk & Compliance Manager in project planning for and implementation of legal & regulatory changes or developments.

Qualifications, Skills and Experience

• Undergraduate qualification – Finance, Risk, Audit, Business, Law or related fields highly regarded.
• A professional with 7+ years’ work experience.
• A background in risk or audit. Compliance experience also valued.
• Experience in a professional services firm would be highly regarded.
• Excellent written and verbal communication skills.
• Passionate about risk and compliance.
• Motivated, adaptable, collaborative. Must be a team player.

At BHSI we strive for excellence each and every day. We aim to hire the best of the best, from both a capabilities and character perspective. We are looking for people who like to be challenged, to use and develop knowledge and skills in compliance and risk management, as part of a collaborative team passionate about insurance and customer outcomes.

BHSI Offers

• A competitive package and exciting growth opportunities for career-oriented teammates.
• A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders.
• A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.

NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.