Insurance Risk Manager - KwaZulu-Natal

Placements24; Richards Bay; Hybride; ZAR 900 000 - 1 600 000; Plein temps

Avantages offerts par ce poste

Hybrid work

Medical aid

Pension fund

Professional development

Relocation assistance

Performance bonuses

Wellness programs

Richards Bay location

Résumé du poste

Placements24 is seeking an experienced Insurance Risk Manager in Richards Bay to lead and enhance the enterprise risk management framework. The role focuses on identifying, assessing, and mitigating risks across the organization, ensuring regulatory compliance and strong governance.

The candidate will influence senior leadership and drive risk culture. The position demands extensive insurance risk experience, excellent analytical abilities, and the ability to communicate complex risk insights to

Qualifications

• Minimum of 7 years in risk management within the insurance sector.
• Experience developing and implementing ERM frameworks.
• Strong analytical, quantitative and problem-solving skills.
• Ability to present complex risk information to senior management.
• Knowledge of Richards Bay/KwaZulu-Natal business landscape is beneficial.

Responsabilités

• Develop, implement, and maintain the enterprise risk management (ERM) framework.
• Identify and prioritize key risks across financial, operational, compliance, and reputational areas.
• Design and implement risk mitigation strategies and controls.
• Monitor and report risk to senior management and the board.
• Ensure compliance with insurance regulations and best practices.
• Conduct risk assessments and stress testing of resilience.

Connaissances

ERM expertise

Risk management

Leadership

Stakeholder comms

Formation

CRM/FRM/PRM credentials

Description du poste

About the Role

Our client, a significant insurer operating in Richards Bay, KwaZulu-Natal, is seeking a seasoned Insurance Risk Manager to oversee and enhance their risk management framework. This strategic position involves identifying, assessing, and mitigating a wide range of risks across the organization, including operational, financial, compliance, and strategic risks. The Risk Manager will play a crucial role in developing risk policies, implementing risk controls, and ensuring adherence to regulatory requirements. The ideal candidate will possess extensive experience in risk management within the insurance industry, strong analytical capabilities, and the ability to influence senior leadership. This is a key role within the company, essential for safeguarding its assets and ensuring sustainable growth in a complex regulatory environment. You will be instrumental in fostering a risk-aware culture throughout the organization and driving best practices in risk management.

Key Responsibilities

• Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
• Identify, assess, and prioritize key risks facing the organization, including financial, operational, compliance, and reputational risks.
• Design and implement effective risk mitigation strategies and control measures.
• Monitor and report on the organization's risk profile to senior management and the board of directors.
• Ensure compliance with all relevant insurance regulations and industry best practices.
• Conduct regular risk assessments and stress testing of the company's financial and operational resilience.
• Develop and deliver risk management training programs to employees across all levels.
• Liaise with external auditors, regulators, and other stakeholders on risk-related matters.
• Investigate and manage incidents that may have significant risk implications.
• Promote a strong risk management culture throughout the organization.

Requirements

• Minimum of 7 years of experience in risk management, with a significant portion within the insurance sector.
• Proven experience in developing and implementing ERM frameworks.
• Strong understanding of insurance operations, financial markets, and regulatory environments.
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in risk assessment methodologies and tools.
• Strong leadership, communication, and interpersonal skills.
• Relevant professional qualifications (e.g., CRM, FRM, PRM) are highly desirable.
• Ability to work effectively with senior management and cross-functional teams.
• Experience in presenting complex risk information to diverse audiences.
• Knowledge of Richards Bay, KwaZulu-Natal business landscape is beneficial.

Benefits

• Attractive annual salary ranging up to R .
• Hybrid work arrangement offering a blend of office and remote work flexibility.
• Opportunity to lead risk management initiatives for a prominent insurer.
• Comprehensive medical aid and pension fund benefits.
• Support for professional development and certifications.
• Collaborative and dynamic work environment.
• Relocation assistance may be considered for exceptional candidates.
• Performance bonuses and potential for future advancements.
• Employee wellness programs and support services.
• Be part of shaping the risk strategy for a key player in KwaZulu-Natal.