Risk Specialist

Nat Re - National Reinsurance Corporation of the Philippines; Makati; On-site; PHP 350,000 - 550,000; Full time

Job summary

Nat Re - National Reinsurance Corporation of the Philippines seeks a Risk & Compliance Analyst to join the Risk and Compliance Department. You will support the Enterprise Risk Management and Business Continuity Management programs and assist with quarterly ROC reporting and project work.

The role focuses on improving risk assessment methods, guiding business units through RCSAs and BIAs, and collaborating with privacy and institutional risk efforts to strengthen resilience across the company.

Qualifications

• Bachelor's degree, preferably in Business, Finance, or a related field.
• At least 1 year of related experience.
• Proficient with Microsoft Office applications.

Responsibilities

• Support the rollout of the ERM Framework and BCM Program.
• Help prepare reports for the quarterly Risk Oversight Committee (ROC) meetings.
• Run emerging risk assessments: horizon scanning, surveys, and focus group discussions.
• Maintain the Incident Log, work with stakeholders on incident reports, and help prepare reports for Senior Management.
• Help develop, maintain, and review ERM and BCM policies, guidelines, and procedures.
• Support the annual Own Risk and Solvency Assessment (ORSA) report.

Skills

Risk management

Governance

Compliance

Stakeholder communication

Education

Bachelor's degree in Business/Finance

Tools

Microsoft Office

Job description

Nat Re provides life and non-life reinsurance capacity, along with consultancy, technical, and advisory services. We work with independent insurers and multinationals operating in the Philippines, and with (re)insurers abroad looking to diversify their portfolios.

About the Role

Join our Risk and Compliance Department and help run our Enterprise Risk Management (ERM) and Business Continuity Management (BCM) programs. You’ll support quarterly reporting to the Risk Oversight Committee and pitch in on department projects as they come up.

Responsibilities:

Risk Management and Governance

• Support the rollout of our ERM Framework and BCM Program
• Help prepare reports for the quarterly Risk Oversight Committee (ROC) meetings
• Run emerging risk assessments: horizon scanning, surveys, and focus group discussions
• Maintain the Incident Log, work with stakeholders on incident reports, and help prepare reports for Senior Management
• Help develop, maintain, and review ERM and BCM policies, guidelines, and procedures
• Support the annual Own Risk and Solvency Assessment (ORSA) report
• Do the initial quarter-on-quarter comparison of Risk-Based Capital (RBC2) reports for the ROC

Risk Maturity and Culture

• Help improve our risk assessment methods and tools
• Guide business units through Risk and Control Self-Assessments (RCSAs) and Business Impact Assessments (BIAs)
• Work with the Compliance Unit on Privacy Impact Assessments (PIAs) and Institutional Risk Assessments (IRAs)
• Help build programs that promote risk awareness and operational resilience across the company

What We’re Looking For

• Bachelor’s degree, preferably in Business, Finance, or a related field
• At least 1 year of related experience
• Proficient with Microsoft Office applications