Insurance Risk Manager

Placements24; Sandton; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Hybrid work model

Executive health benefits

Retirement fund

Leadership development

Job summary

Placements24 in Sandton, Gauteng, seeks a strategic Insurance Risk Manager to lead risk initiatives, identifying, assessing, and mitigating risks impacting financial health and operations. This senior role embeds a strong risk culture and partners with multiple departments.

You will develop and implement risk frameworks, oversee compliance with COSO and other standards, and report to senior management. Hybrid work and exciting leadership opportunities in a dynamic Sandton environment.

Qualifications

• Minimum of 7 years of experience in risk management, with significant experience in the insurance sector.
• In-depth knowledge of risk assessment methodologies and COSO frameworks.
• Strong analytical, strategic thinking, and problem-solving skills.
• Excellent leadership and communication abilities, with experience managing teams.

Responsibilities

• Develop and execute the company's overall risk management strategy, aligning with business objectives.
• Identify, analyze, and prioritize potential risks across all business functions.
• Design and implement risk mitigation plans and controls, and monitor their effectiveness.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Prepare regular risk reports for senior management and the board of directors.
• Foster a strong risk management culture through training, communication, and policy development.

Skills

Risk management

COSO

Analytical thinking

Strategic thinking

Leadership

Communication

Education

CRM

PRM

FRM

Job description

About the Role

Our client is seeking a strategic and experienced Insurance Risk Manager to lead their risk management initiatives in Sandton, Gauteng . This senior role involves identifying, assessing, and mitigating a wide range of risks that could impact the company's financial health and operational stability. You will develop and implement comprehensive risk management frameworks, working closely with various departments to embed a strong risk-aware culture. This is a critical leadership position for professionals passionate about proactive risk mitigation and strategic planning within the vibrant business hub of Sandton .

Key Responsibilities

• Develop and execute the company's overall risk management strategy , aligning with business objectives.
• Identify, analyze, and prioritize potential risks across all business functions, including financial, operational, and strategic risks.
• Design and implement risk mitigation plans and controls, and monitor their effectiveness.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Prepare regular risk reports for senior management and the board of directors.
• Foster a strong risk management culture through training, communication, and policy development.

Requirements

• Minimum of 7 years of experience in risk management , with significant experience in the insurance sector.
• In-depth knowledge of risk assessment methodologies, frameworks (e.g., COSO), and mitigation techniques.
• Strong analytical, strategic thinking, and problem-solving skills.
• Excellent leadership and communication abilities, with experience managing teams.
• Relevant professional qualifications (e.g., CRM, PRM, FRM) are highly desirable.
• Ability to work effectively in a hybrid setting, collaborating across teams in Sandton and remotely.

Benefits

• Highly competitive salary with significant bonus potential.
• Hybrid work model offering excellent work-life balance and flexibility.
• Executive-level health benefits, retirement fund, and other comprehensive perks.
• Opportunities for leadership development and to shape strategic direction.
• A dynamic and prestigious work environment in the heart of Sandton .