Associate Analyst Sandton

Rainmaker Acquisiton Cc; Gauteng; On-site; ZAR 200 000 - 300 000; Full time

Job summary

Join a forward-thinking company where you'll play a vital role in the Enterprise Risk and Innovation division. This exciting position involves supporting the Head of Risk Management in executing the Risk Management Framework, performing annual ORSA processes, and developing key risk indicators. You'll be part of a dynamic team that values initiative and critical thinking, ensuring effective risk management processes across the organization. If you're looking to make an impact in a collaborative environment while honing your analytical and communication skills, this opportunity is perfect for you.

Qualifications

• Minimum honours level qualification in statistics, mathematics, data science, or related fields.
• Working knowledge of the insurance or financial services industry is preferable.

Responsibilities

• Assist the Head of Risk Management with the Risk Management Framework.
• Support the annual ORSA process and produce the ORSA document.

Skills

Interpersonal Skills

Analytical Skills

Communication Skills

Time Management

Attention to Detail

Education

Honours Level Qualification in Statistics

Data Science

Risk Management

Tools

Microsoft Excel

SQL

Prophet

DCS

Python

Job description

Who you'll report to

You'll be based within our Enterprise Risk and Innovation division at our head office in Sandton, Johannesburg. You'll report to the Head of Risk Management, who is accountable for our risk management functions.

What you'll be doing if you get the job

The role will be responsible for:

1. Assisting the Head of Risk Management with maintenance and execution of the Risk Management Framework across the organisation, ensuring effectiveness of risk management processes.
2. Assisting with performing the annual ORSA process and producing the ORSA document, including stress and scenario testing.
3. Supporting the combined assurance process, focusing on operational, fraud, and compliance risk identification and quantification across all company processes.
4. Assisting with setting the risk appetite statement and performing annual risk appetite modelling work.
5. Tracking experience against key risk metrics, including solvency and liquidity, and helping produce quarterly risk reports and ORSA updates.
6. Developing key risk indicators to monitor risks effectively.
7. Maintaining the risk register and incident log, and reporting regularly on incident experience against risk appetite.
8. Improving and developing risk management reports and tools for risk identification, assessment, and monitoring, including emerging risks.

Qualifications and experience

• Minimum honours level qualification in statistics, mathematics, data science, actuarial, risk management, finance, or related fields.
• Working knowledge of the insurance and/or financial services industry is preferable.

Your skills and character traits

• Optimistic, enthusiastic, and energetic outlook.
• Excellent interpersonal and communication skills, capable of conveying complex information to diverse stakeholders.
• Keen to take initiative with a sense of urgency and follow-through.
• Methodical planning, organizing, and effective time management skills.
• High attention to detail, ability to work under pressure, and adaptability.
• Maintaining confidentiality with sensitive information.
• Strong learning, research, analytical, and critical thinking skills.

Technical capabilities

• Proficiency in Office suite, especially Excel.
• Bonus skills: SQL, Prophet, DCS, coding knowledge (e.g., Python).

Advantageous

• Knowledge of enterprise risk management concepts and applications to insurance.
• Knowledge of risk analysis techniques.

Package & Remuneration

R25 - R40K TCTC