Hybrid Insurance Risk Analyst - Data-Driven & Strategic

Placements24; Willows (CA); Hybrid; USD 36,000 - 54,000; Full time

Job summary

Placements24 is seeking a meticulous and analytical Insurance Risk Analyst to join our client's team in Welkom, Free State. This hybrid role focuses on identifying, assessing, and mitigating risks across the insurance portfolio, using data-driven insights to inform strategic decisions and protect financial stability.

The role contributes to risk management frameworks, stress testing, and collaboration with underwriting, claims, and actuarial teams to implement ERM practices.

Qualifications

• Bachelor's degree in a quantitative field required.
• Experience as a Risk Analyst in insurance/financial services preferred.
• Strong understanding of risk management principles and frameworks.
• Proficiency with data analysis tools (Excel, SQL, R, Python).
• Excellent analytical and problem-solving abilities.
• Hybrid or remote work experience is beneficial.
• FRM/PRM certifications advantageous.

Responsibilities

• Perform comprehensive risk assessments for insurance products and operations.
• Develop and maintain risk models to quantify exposures.
• Monitor KRIs and report on emerging risks.
• Collaborate with underwriting, claims, and actuarial teams to integrate risk principles.
• Identify and recommend risk mitigation strategies.
• Prepare clear risk reports for senior management.
• Stay updated on regulatory changes and economic trends.
• Support ERM development and implementation.
• Contribute to stress testing and scenario analyses.

Skills

Analytical thinking

Quantitative skills

Problem solving

Communication

Presentation skills

Education

Bachelor's degree in Finance, Economics, Statistics, Mathematics, or related quantitative field

Tools

Excel

SQL

R

Python

Job description

Placements24 is seeking a meticulous and analytical Insurance Risk Analyst to join our client's team in Welkom, Free State. This hybrid role focuses on identifying, assessing, and mitigating risks across the insurance portfolio, using data-driven insights to inform strategic decisions and protect financial stability.

The role contributes to risk management frameworks, stress testing, and collaboration with underwriting, claims, and actuarial teams to implement ERM practices.