Junior Risk Analyst | Hybrid Role with Mentorship & Growth

Placements24; Willows (CA); Hybrid; USD 14,000 - 22,000; Full time

Benefits offered by this job

Competitive starting salary

Medical aid

Retirement fund

Extensive training programs

Mentorship

Hybrid work model

Job summary

Placements24 is seeking a Junior Risk Analyst to join a forward-thinking insurance team in Welkom, Free State. This entry-level role emphasizes quantitative skills, risk assessment, and collaboration within a hybrid work model.

You will collect and analyze data, support risk frameworks, and prepare management-ready reports while building expertise across operational, financial, and strategic risks.

Qualifications

• Degree in Finance, Economics, Statistics, Mathematics or related quantitative field.
• Strong analytical and problem-solving abilities with attention to detail.
• Proficient in Microsoft Excel for data analysis and modeling.
• Basic understanding of risk management principles and concepts.
• Excellent written and verbal communication skills.
• Ability to work independently and as part of a team.
• Familiarity with data visualization tools is a plus.
• Proactive in identifying and addressing issues.
• Prior internship or work experience in financial services is advantageous.

Responsibilities

• Assist in collection and analysis of data to identify risks and trends.
• Support development and implementation of risk management frameworks and policies.
• Prepare reports and presentations on risk assessments and mitigation strategies for management.
• Monitor key risk indicators (KRIs) and report on deviations.
• Research industry best practices and regulatory changes related to risk management.
• Participate in risk control self-assessments and internal audits.
• Maintain the company's risk register and ensure accuracy.
• Collaborate with departments to understand risk exposures and controls.
• Assist in developing business continuity and disaster recovery plans.
• Contribute to fostering a risk-aware culture throughout the organization.

Skills

Analytical skills

Excel proficiency

Risk principles

Communication skills

Teamwork

Data visualization familiarity

Proactive approach

Financial services internship

Education

Finance/Economics/Statistics/Mathematics degree

Tools

Power BI

Tableau

Job description

Placements24 is seeking a Junior Risk Analyst to join a forward-thinking insurance team in Welkom, Free State. This entry-level role emphasizes quantitative skills, risk assessment, and collaboration within a hybrid work model.

You will collect and analyze data, support risk frameworks, and prepare management-ready reports while building expertise across operational, financial, and strategic risks.