Insurance Risk Analyst

Placements24; Upington; Presencial; ZAR 360 000 - 540 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Medical aid

Retirement fund contributions

Training opportunities

Career development

Resumo da oferta

Placements24 is seeking a skilled Risk Analyst for our client, a prominent insurer, in Upington, Northern Cape. You will identify, assess and manage risks, build models, and translate data into strategic recommendations. The role requires 3+ years in risk analysis, strong quantitative skills, and proficiency with Excel, R or Python.

Collaboration with underwriting, claims and finance will be essential. The successful candidate will contribute to enterprise risk management, stay current with

Qualificações

• Minimum of 3 years of risk analysis experience, preferably in insurance or financial services.
• Strong understanding of risk management principles and methodologies.
• Excellent analytical and quantitative abilities.
• Proficiency in data analysis tools (Excel, R, Python).
• Strong report writing and presentation skills.
• Ability to translate complex data into actionable business recommendations.

Responsabilidades

• Identify, assess, and quantify potential risks across different business units and product lines.
• Develop and maintain risk models and metrics to monitor risk exposure.
• Analyze historical data to identify trends, patterns, and emerging risks.
• Collaborate with various departments (e.g., underwriting, claims, finance) to gather information and implement risk mitigation strategies.
• Prepare comprehensive risk reports and present findings to senior management.
• Monitor the effectiveness of implemented risk management controls.
• Stay updated on industry best practices, regulatory changes, and emerging risk management techniques.
• Contribute to the development and refinement of the company's enterprise risk management framework.
• Ensure compliance with relevant risk management regulations.

Conhecimentos

Analytical

Quantitative

Problem solving

Data analysis

Presentation skills

Formação académica

Bachelor's degree in Finance/Economics/Statistics/Mathematics

Ferramentas

Excel

R

Python

Descrição da oferta de emprego

About the Role

Our client, a prominent insurer with a strong presence across South Africa, is seeking a skilled and analytical Risk Analyst to join their team in Upington, Northern Cape. This role is critical in identifying, assessing, and managing the various risks faced by the company. You will be responsible for analyzing data, developing risk models, and recommending strategies to mitigate potential threats to the organization's financial health and operational stability. The position requires a strong quantitative background and the ability to translate complex data into actionable insights. If you are a detail-oriented professional with a passion for risk management within the dynamic insurance sector, this is an excellent opportunity to contribute your expertise in a dedicated office environment. We value rigorous analysis and strategic thinking.

Key Responsibilities

• Identify, assess, and quantify potential risks across different business units and product lines.
• Develop and maintain risk models and metrics to monitor risk exposure.
• Analyze historical data to identify trends, patterns, and emerging risks.
• Collaborate with various departments (e.g., underwriting, claims, finance) to gather information and implement risk mitigation strategies.
• Prepare comprehensive risk reports and present findings to senior management.
• Monitor the effectiveness of implemented risk management controls.
• Stay updated on industry best practices, regulatory changes, and emerging risk management techniques.
• Contribute to the development and refinement of the company's enterprise risk management framework.
• Ensure compliance with relevant risk management regulations.

Requirements

• A minimum of 3 years of experience in risk analysis, preferably within the insurance or financial services industry.
• Strong understanding of risk management principles and methodologies.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in data analysis tools and statistical software (e.g., Excel, R, Python).
• Strong report writing and presentation skills.
• Ability to interpret complex data and translate it into clear business recommendations.
• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Familiarity with regulatory requirements in the insurance sector.
• Strong attention to detail and organizational skills.

Benefits

• Our client offers a competitive salary and a comprehensive benefits package, including medical aid and retirement fund contributions.
• This role provides a stable and professional work environment in our Upington, Northern Cape office, fostering collaboration and career growth.
• You will have access to ongoing training and development opportunities to enhance your expertise in risk analysis and the insurance industry.
• Join a respected organization that values data-driven decision-making and contributes to the financial security of its clients.
• We offer a clear career path within risk management.