Senior Risk Officer, APAC

SCOR; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

SCOR is seeking a Senior Risk Officer to support the Head of APAC Risk Management in leading risk management across the APAC business. You will drive risk identification, assessment, monitoring, reporting and escalation, ensuring proactive handling of operational, financial, reputational and emerging risks.

You will maintain up-to-date knowledge of local regulatory requirements, engage with entities, business units and functions, and serve as a key interface for risk matters within SCOR and with

Qualifications

• 8+ years in actuarial or risk management.
• Strong communication and stakeholder management.
• Able to collaborate across units and SCOR.

Responsibilities

• Lead risk management across APAC region.
• Identify, assess, monitor, and report risks.
• Interface with MAS and senior management.
• Engage local entities and regulatory requirements.

Skills

Actuarial skills

Risk management

Analytical thinking

Communication skills

Problem-solving

Stakeholder management

Team player

Influencing capabilities

Education

Degree in Actuarial, Mathematics or equivalent

Job description

Success in this role requires strong analytical and technical skills in risk management and/or (re)insurance business, the ability to communicate complex risk issues with clarity and impact to a range of stakeholders from diverse backgrounds both within the entity, across the broader organization and externally, as well as proven leadership qualities.

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

Job Summary

The Senior Risk Officer ("SRO") is responsible for supporting the Head of APAC Risk Management in leading the risk management function across APAC business.

You will drive all risk-related activities which may also encompass operational, financial, reputational, and/or emerging risks such as environmental/climate related risks across the APAC region. You will also be accountable for establishing, maintaining and enhancing effective risk management frameworks and systems that are tailored to each entity's risk profile, regulatory environment and business strategy. You will be at the forefront and key interface for all risk matters.

To do this, you will need to maintain up-to-date understanding of the business and local regulatory requirements including any developments/changes, as well as maintaining close proximity to the different entities, business units and functions in addition to your usual key stakeholders.

Responsibilities

Your responsibilities will span the full spectrum of risk identification, assessment, monitoring, reporting, and escalation, ensuring that risk matters are addressed proactively and communicated clearly to key stakeholders. Your key stakeholders include the Head of APAC Risk Management to whom you will report (i.e. your immediate manager), Group Risk Management, senior management, executive committees, risk committees, the Board, and regulatory bodies such as the Monetary Authority of Singapore ("MAS").

In certain APAC countries where the business is predominantly focused on a single line (either L&H or P&C), you may also be appointed as the designated risk representative for the entity, serving as the primary point of contact for local risk matters and regulatory engagement if you possess the requisite skills, knowledge and experience.

Required experience & competencies

• At least 8 years of relevant robust working experience in a role related to actuarial or risk management, with proven expertise gained through practical work.
• We welcome applications from candidates with less experience who demonstrate strong potential and a willingness to grow in this role.
• Good blend of strong actuarial skills (or equivalent technical expertise), analytical acumen, risk management and effective communication skills.
• Strong problem-solving and decision-making abilities.
• Able to collaborate effectively and credibly with team members, as well as across business units, functions, entities and the SCOR group.
• Self-starter, adaptable and team player, consistently contributes as a valuable team member.
• Proficient in both verbal and written communication, with demonstrated ability to explain complex issues clearly and concisely.
• Proven influencing capabilities, ideally with experience managing stakeholders at senior level, as well as able to challenge constructively and effectively at all levels.

Required Education

• Degree in Actuarial, Mathematics or equivalent, with strong actuarial skills or equivalent technical expertise, and analytical acumen.