Risk Management, Assistant Manager

Tokio Marine Life Insurance; Kuala Lumpur; On-site; MYR 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a dedicated Risk Management professional to support its comprehensive risk assessment processes. In this role, you will assist in the evaluation of departmental risks, coordinate key operational risk reporting, and engage with senior management during workshops. This position offers the opportunity to leverage your expertise in risk management within the insurance sector, ensuring that all risks are effectively monitored and reported. If you are passionate about enhancing risk management practices and thrive in a collaborative environment, this role could be your next career move.

Qualifications

• 4+ years of experience in Risk Management or Internal Audit.
• Bachelor's Degree or higher in Actuarial or Risk Management.

Responsibilities

• Assist in departmental risk assessments and prepare reports.
• Coordinate Operational Risk Reporting and Risk Management Workshops.
• Support preparation of quarterly and ad-hoc reports.

Skills

Risk Management

Data Collection

Risk Assessment

Report Preparation

Statistical Analysis

Education

Bachelor's Degree in Actuarial Science

Post Graduate Diploma in Risk Management

Professional Degree in related fields

Job description

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Key Responsibilities:

• Assist the Head of Risk Management in the Risk Management function.
• Collect required risk data from respective departments periodically or as needed.
• Conduct departmental and process risk assessments, review and challenge submitted risk registers, document assessments, perform validation and sampling tests, and prepare risk assessment reports.
• Coordinate and compile key indicators and statistics for Operational Risk Reporting (ORR).
• Assist in organizing the annual Company-wide Risk Management Workshop with senior management, including workshop preparation, minute-taking, updating the Company Wide Risk Register, and quarterly follow-up reporting.
• Prepare and coordinate ORM meetings, including meeting materials and scenario analysis.
• Assist in new product risk assessments and credit-related risk reviews.
• Participate in yearly activities such as CSA, JSOX, etc., and follow-up reporting.
• Support the preparation of RMCC quarterly reports, TMA quarterly reports, MC monthly reports, and other ad-hoc reports required by RMCC/TMA/TMLS/BNM.
• Perform any other assignments from the Head of Department.

Requirements

• Candidate must possess at least a Bachelor's Degree, Post Graduate Diploma, or Professional Degree in Actuarial, Risk Management, or related fields.
• Minimum of 4 years of relevant work experience is required.
• Preferably a Senior Executive with experience in Risk Management or Internal Audit within the Insurance Industry.

Additional Information

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Your application will include questions about your risk management experience, qualifications, work rights in Malaysia, expected salary, and insurance industry experience.