Lead Insurance Risk Analyst (Remote)

Placements24; Graafwater; Hybrid; ZAR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Top-tier health coverage

Generous retirement contributions

Paid time off

Professional development resources

Remote work autonomy

Job summary

Placements24 is seeking a Lead Insurance Risk Analyst to spearhead risk management across the organization. This fully remote role requires expert actuarial knowledge, advanced modeling, and the ability to translate data into strategic insights for senior leadership.

You will lead a team, collaborate with actuarial, underwriting, and claims units, ensure regulatory compliance, and drive adoption of new technologies to strengthen the company’s risk framework from your home office.

Qualifications

• Master's or PhD in actuarial science, statistics, mathematics, finance, or a related quantitative field.
• Minimum of 7 years of progressive experience in insurance risk analysis or actuarial roles.
• Proven experience in leading teams and managing complex risk projects.
• Expertise in statistical modeling, risk quantification, and financial forecasting.
• Proficiency in programming languages such as R, Python, or similar for data analysis.
• Strong understanding of insurance operations, products, and regulatory environments.
• Excellent communication, presentation, and interpersonal skills, crucial for remote leadership.
• Actuarial designations (e.g., FSA, FCAS) strongly preferred.

Responsibilities

• Develop and implement comprehensive risk management frameworks and strategies.
• Lead the analysis of financial, operational, and market risks affecting the insurance portfolio.
• Utilize advanced statistical and actuarial modeling techniques to assess and quantify risks.
• Collaborate with actuarial, underwriting, and claims teams to ensure integrated risk management.
• Identify emerging risks and recommend proactive mitigation strategies.
• Present complex risk analyses and findings to executive leadership and board members.
• Mentor and guide junior risk analysts, fostering a culture of analytical excellence.
• Ensure compliance with all relevant regulatory requirements and industry best practices.
• Drive the adoption of new technologies and methodologies in risk analysis.

Skills

Leadership

Strategic thinking

Data analytics

Communication

Mentoring

Regulatory knowledge

Education

Masters/PhD in Actuarial/Statistics/Math/Finance

Tools

R

Python

Job description

About the Role

Our client is seeking an accomplished and visionary Lead Insurance Risk Analyst to spearhead their risk management initiatives. This is a fully remote opportunity, offering the chance to shape and implement advanced risk assessment strategies across the organization. You will be responsible for identifying, analyzing, and mitigating potential risks that could impact the company's financial performance and strategic objectives. This leadership role requires a deep understanding of actuarial principles, sophisticated modeling techniques, and the ability to translate complex data into actionable insights for senior management. The ideal candidate is a proactive problem-solver with exceptional leadership qualities, driven to innovate within the insurance risk landscape. Join us to make a significant impact from the comfort of your home office.

Key Responsibilities

• Develop and implement comprehensive risk management frameworks and strategies.
• Lead the analysis of financial, operational, and market risks affecting the insurance portfolio.
• Utilize advanced statistical and actuarial modeling techniques to assess and quantify risks.
• Collaborate with actuarial, underwriting, and claims teams to ensure integrated risk management.
• Identify emerging risks and recommend proactive mitigation strategies.
• Present complex risk analyses and findings to executive leadership and board members.
• Mentor and guide junior risk analysts, fostering a culture of analytical excellence.
• Ensure compliance with all relevant regulatory requirements and industry best practices.
• Drive the adoption of new technologies and methodologies in risk analysis.

Requirements

• Master's degree or PhD in Actuarial Science, Statistics, Mathematics, Finance, or a related quantitative field.
• Minimum of 7 years of progressive experience in insurance risk analysis or actuarial roles.
• Proven experience in leading teams and managing complex risk projects.
• Expertise in statistical modeling, risk quantification, and financial forecasting.
• Proficiency in programming languages such as R, Python, or similar for data analysis.
• Strong understanding of insurance operations, products, and regulatory environments.
• Excellent communication, presentation, and interpersonal skills, crucial for remote leadership.
• Demonstrated ability to think strategically and provide data-driven recommendations.
• Professional actuarial designations (e.g., FSA, FCAS) are strongly preferred.

Benefits

• This is a premium fully remote role offering significant autonomy and influence.
• Our client provides a highly competitive salary commensurate with experience, along with an exceptional bonus structure and long-term incentive plan.
• Comprehensive benefits include top-tier health coverage, generous retirement contributions, and ample paid time off.
• You will have access to extensive professional development resources and opportunities to attend industry conferences.
• Join a forward-thinking company that values innovation and expertise, allowing you to shape the future of insurance risk management from any location.