Insurance Risk Analyst

Placements24; Gqeberha; Hybrid; ZAR 580,000 - 900,000; Full time

Benefits offered by this job

Health, dental, and vision insurance

Remote work

Home office stipend

Professional development opportunities

Job summary

Placements24 seeks an Insurance Risk Analyst to join a fully remote team. You will identify, assess, and mitigate risks across the insurance portfolio, analyze data trends, and prepare risk reports for senior management.

Ideal candidates hold a quantitative degree, 3+ years of risk analysis, and strong data-analysis, reporting, and presentation skills. Remote work flexibility is offered with ongoing professional development opportunities.

Qualifications

• Bachelor's degree in a quantitative field.
• Minimum of 3 years of risk analysis experience.
• Strong quantitative and analytical skills.
• Experience with risk modeling and simulation is a plus.
• Ability to work independently and in a remote setting.

Responsibilities

• Identify, assess, and quantify potential financial and operational risks within the insurance business.
• Develop and implement risk management strategies and mitigation plans.
• Analyze large datasets to identify trends, patterns, and potential areas of concern.
• Prepare detailed risk reports and present findings to senior management.
• Monitor changes in the regulatory environment and ensure compliance.
• Collaborate with various departments to integrate risk management principles into business processes.

Skills

Quantitative analysis

Analytical skills

Data analysis tools

Report writing

Presentation abilities

Education

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

Tools

Risk modeling software

Job description

About the Role

Our client is searching for a sharp and analytical Insurance Risk Analyst to join their fully remote team. This position is crucial for identifying, assessing, and mitigating potential risks across the company's insurance portfolio. You will delve into data, analyze trends, and develop strategies to minimize financial exposure and ensure regulatory compliance. This is a significant opportunity for a professional who excels in a remote setting, enjoys quantitative analysis, and is passionate about safeguarding the company's financial health through proactive risk management, contributing to a globally connected and expert remote workforce.

Key Responsibilities

• Identify, assess, and quantify potential financial and operational risks within the insurance business.
• Develop and implement risk management strategies and mitigation plans.
• Analyze large datasets to identify trends, patterns, and potential areas of concern.
• Prepare detailed risk reports and present findings to senior management.
• Monitor changes in the regulatory environment and ensure compliance.
• Collaborate with various departments to integrate risk management principles into business processes.

Requirements

• Bachelor's degree in Mathematics, Statistics, Economics, Finance, or a related quantitative field.
• Minimum of 3 years of experience in risk analysis, preferably within the insurance sector.
• Strong quantitative and analytical skills, with proficiency in data analysis tools.
• Excellent report writing and presentation abilities.
• Experience with risk modeling and simulation techniques is a plus.
• Ability to work independently and manage multiple priorities in a remote setting.

Benefits

• Competitive annual salary and performance-based bonuses.
• Fully remote work arrangement with flexibility.
• Comprehensive health, dental, and vision insurance coverage.
• Opportunities for professional development and relevant certifications.
• Contribution to a forward-thinking, data-driven company culture.
• Home office equipment stipend.