Insurance Risk Manager

Placements24; Pretoria; On-site; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary

Medical insurance

Retirement savings plan

Professional development

Job summary

Placements24 in Pretoria is seeking a seasoned Insurance Risk Manager to lead risk identification, assessment, and mitigation across operations, finance, and strategy. You will develop and implement robust risk management frameworks and policies to protect assets and reputation, fostering a proactive risk-aware culture.

With 7+ years in risk management and insurance experience, you will know COSO frameworks and regulatory requirements, and may hold CRISC or CRM certifications.

Qualifications

• Minimum of 7 years of experience in risk management, preferably within the insurance industry.
• Strong knowledge of risk assessment methodologies, COSO and regulatory requirements.
• Excellent analytical, strategic thinking, and leadership skills.
• Professional certifications such as CRISC or CRM are highly desirable.

Responsibilities

• Develop and implement comprehensive risk management strategies and frameworks.
• Identify, assess, and prioritize key risks across all business functions.
• Design and oversee internal controls to mitigate identified risks.
• Monitor the effectiveness of risk management policies and procedures.
• Prepare risk reports for senior management and the board of directors.
• Promote risk awareness and provide training to staff at all levels.

Skills

Risk management

COSO

Leadership

Education

CRISC certification

CRM certification

Job description

About the Role

Our client is seeking a seasoned and strategic Insurance Risk Manager to join their established team in Pretoria . This critical role involves identifying, assessing, and mitigating the wide range of risks faced by the organization, including operational, financial, and strategic risks. You will develop and implement robust risk management frameworks and policies to protect the company's assets and reputation. This position requires a proactive leader with a deep understanding of the insurance landscape and a commitment to fostering a strong risk-aware culture across the business.

Key Responsibilities

• Develop and implement comprehensive risk management strategies and frameworks.
• Identify, assess, and prioritize key risks across all business functions.
• Design and oversee internal controls to mitigate identified risks.
• Monitor the effectiveness of risk management policies and procedures.
• Prepare risk reports for senior management and the board of directors.
• Promote risk awareness and provide training to staff at all levels.

Requirements

• Minimum of 7 years of experience in risk management , preferably within the insurance industry.
• Strong knowledge of risk assessment methodologies, frameworks (e.g., COSO), and regulatory requirements.
• Excellent analytical, strategic thinking, and leadership skills.
• Demonstrated ability to develop and implement effective risk mitigation strategies.
• Professional certifications such as CRISC or CRM are highly desirable.

Benefits

• A competitive salary package commensurate with experience.
• Comprehensive medical insurance and retirement savings plan.
• Opportunities for professional development and industry conferences.
• A stable and reputable organization with a strong focus on governance.
• The chance to make a significant impact on the company's risk posture and success.