Risk Management, Assistant Manager

Tokio Marine Life Insurance; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading insurance company is seeking a Risk Management Manager. You will play a pivotal role in risk assessment, data collection, and reporting while coordinating with senior management on risk-related activities. Candidates should have a relevant bachelor's degree and at least 4 years of experience in risk management, preferably within the insurance industry. This position offers an opportunity to work with an esteemed insurance brand known for its innovative solutions.

Qualifications

• At least 4 years of working experience in Risk Management or Internal Audit.
• Experience in the insurance industry preferred.

Responsibilities

• Collect risk data from departments and perform validation.
• Assist in departmental risk assessments and prepare reports.
• Coordinate the key indicators for Operational Risk Reporting.

Skills

Risk Management

Data Analysis

Reporting

Education

Bachelor's Degree in Actuarial / Risk Management

Job description

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• To assist the Head of Risk Management on Risk Management function.

Key Responsibilities:

• Collection of required risk data from respective departments periodically or as and when necessary.
• Departmental and process Risk Assessment - review and challenge the risk register submitted, document risk assessment, perform validation and sampling test, and prepare risk assessment report.
• Assist in coordinating and compiling the key indicators and statistics for Operational Risk Reporting (ORR).
• Annual Company-wide Risk Management Workshop with senior management - assist in workshop preparation, minutes, update the Company Wide Risk Register, and quarterly follow-up reporting.
• Preparing and coordinating ORMC, including meeting materials and scenario analysis.
• Assist in new product risk assessment/credit-related risk review.
• Assist in carrying out yearly activities such as CSA, JSOX, etc., and follow-up reporting.
• Reporting - assist in preparation of RMCC quarterly reporting, TMA Quarterly reporting, MC Monthly reporting, and any other ad-hoc reports required by RMCC/TMA/TMLS/BNM.
• Any other assignments from Head of Department.

Requirements

• Candidate must possess at least a Bachelor's Degree, Post Graduate Diploma, Professional Degree, in Actuarial / Risk Management or related field.
• At least 4 years of working experience in the related field is required for this position.
• Preferably Senior Executive with experience in Risk Management / Internal Audit from the Insurance Industry.

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Your application will include the following questions:

• How many years' experience do you have as a Risk Management Manager?
• Which of the following qualifications do you have?
• Which statement best describes your right to work in Malaysia?
• What's your expected monthly basic salary?
• How many years' experience do you have in the insurance industry?

Insurance & Superannuation 101-1,000 employees

Tokio Marine, established in 1879 as Japan's pioneering insurance company, has evolved into one of the leading insurers with established networks worldwide, offering an extensive selection of Life and General insurance products and solutions in 46 countries/regions worldwide.

Tokio Marine Life Insurance Malaysia Bhd. (TMLM) is an integral part of the Tokio Marine Group, holding a legacy of over 75 years in Malaysia. Today, with 16 branches nationwide, TMLM is dedicated to delivering innovative life insurance solutions, ranging from financial security to wealth enhancement, and legacy planning. Our aim is to be the preferred life insurer trusted for generations.

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