Chief Risk Officer

ALLIANZ INSURANCE SINGAPORE PTE. LTD.; Singapore; On-site; SGD 150,000 - 250,000; Full time

Job summary

A leading company in insurance is seeking a strategic leader for its Risk Management Function. The incumbent will oversee financial and operational risks, drive integration of new business units, and engage with regulatory authorities such as MAS. Candidates should possess strong analytical, leadership skills, and at least 12 years of relevant experience in risk management.

Qualifications

• Minimum 12 years of relevant working experience in Risk Management.
• 1 to 3 years of prior experience in Insurance or Financial Services preferred.
• Effective communicator with strong command of English.

Responsibilities

• Lead the Risk Management Function as a strategic partner.
• Drive risk integration of a newly acquired business unit.
• Oversee production of risk reports and dashboards.

Skills

Analytical skills

Communication

Leadership

Strategic thinking

Education

Bachelor's degree in Actuarial, Economics, Mathematics or any analytic science

Job description

The incumbent will lead a strategically-oriented and forward-looking Risk Management Function, with comprehensive oversight of Financial Risks, Capital and Asset-Liability Management, and Operational Risk. This role is critical in shaping a robust risk culture across the organization, especially during a period of transformation and integration.

A key mandate includes driving the risk integration of a new business line, ensuring alignment with Group and regulatory expectations while unlocking synergies and maintaining a unified risk framework.

As a core member of the company’s Executive Committee and senior management team, the incumbent will play a pivotal role in influencing business strategy and decision-making through a risk-informed lens. He/she will also act as a key liaison with Regional and Group Risk counterparts, as well as regulatory authorities including the Monetary Authority of Singapore (MAS).

Key Responsibility Areas:

• Strategic Leadership of Risk Function: Lead and elevate the Risk Management Function to be a proactive and strategic partner to the business, with a strong emphasis on collaboration, governance, and influence.
• Risk Integration of New Business Line: Drive the seamless integration of the newly acquired business unit into the existing risk management framework. Ensure timely alignment of risk policies, systems, controls, and culture with Allianz Groupstandards.
• Governance and Reporting: Oversee the timely and accurate production of risk reports, dashboards, and disclosures to support decision-making at the executive and board levels.
• Business Partnership & Advisory: Serve as a key advisor on risk matters in major business decisions including product launches, distribution partnerships, and new ventures, ensuring sound risk-return balance.
• Group and Regulatory Engagement: Engage actively with Allianz Group and Regional Risk teams, and represent the company in interactions with MAS and other relevant stakeholders.
• Strategic Planning and Capital Management: Contribute meaningfully to the annual Strategic and Planning Dialogues, embedding risk insights into the planning and capital management process.

Capabilities and Qualifications:

• Bachelor's degree in Actuarial, Economics, Mathematics or any other analytic science
• Minimum 12 years of relevant working experience in Risk Management
• Minimum 1 to 3 years of prior work experience in Insurance, Financial Services or Professional Services preferred
• Effective communicator with strong command of English, both in speech and writing
• Business-minded; pragmatic; result-oriented with strong analytical and managerial skills
• Ability to deliver high-quality results; and take ownership of initiatives
• Engaging personality who is able to build and maintain good working relationships and strong professional presence