Insurance Risk Analyst — Hybrid, Strategic Impact

Placements24; Sandton; Hybrid; ZAR 700,000 - 950,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Hybrid work

Professional certifications

Job summary

Placements24 is seeking an Insurance Risk Analyst in Sandton to identify, assess, and manage risks across the company’s insurance operations. You will leverage data analysis, modeling, and industry best practices to inform mitigation strategies and support strategic decision-making.

The role requires at least 5 years of risk analysis experience in finance or insurance, strong analytical abilities, and proficiency with Excel, SQL, and Python.

Qualifications

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or related field.
• 5+ years of risk analysis experience, preferably in insurance or financial services.
• Strong analytical, quantitative, and problem-solving abilities.
• Proficiency with risk management software and data analysis tools (e.g., Excel, SQL, Python).
• Excellent report writing and presentation skills.

Responsibilities

• Identify, assess, and quantify risks across all business units.
• Develop and implement risk management frameworks, policies, and procedures.
• Conduct regular risk assessments and stress testing on portfolios and processes.
• Analyze financial data and market trends to forecast risk exposures.
• Prepare detailed risk reports and present findings to senior management.
• Monitor regulatory risk requirements and internal controls.

Skills

Analytical skills

Quantitative skills

Problem solving

Excel

SQL

Python

Report writing

Presentation skills

Education

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

Tools

Excel

SQL

Python

Job description

Placements24 is seeking an Insurance Risk Analyst in Sandton to identify, assess, and manage risks across the company’s insurance operations. You will leverage data analysis, modeling, and industry best practices to inform mitigation strategies and support strategic decision-making.

The role requires at least 5 years of risk analysis experience in finance or insurance, strong analytical abilities, and proficiency with Excel, SQL, and Python.