Remote Insurance Risk Analyst

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

Benefits offered by this job

Health, dental, and vision insurance

Retirement savings plan

Fully remote with flexible hours

Growth opportunities and access to top

Job summary

Placements24 is seeking a skilled Remote Insurance Risk Analyst to identify, assess, and mitigate risks across an insurance portfolio. You will analyze large datasets, market trends, and regulatory changes to inform underwriting, pricing, and product development, working collaboratively with departments.

The role offers flexible hours and significant impact from anywhere. This fully remote position targets professionals with strong quantitative skills and experience in risk analysis within

Qualifications

• Master's degree in a quantitative field.
• Minimum of 5 years of risk analysis experience in insurance/financial services.
• Proficiency in statistical software and data visualization tools.
• Strong understanding of insurance products, markets, and regulatory requirements.
• Excellent analytical, problem-solving and communication skills; ability to work remotely and independently.

Responsibilities

• Conduct quantitative and qualitative analysis of insurance risks, including market, credit, and operational risks.
• Develop and implement risk assessment models and methodologies.
• Monitor KRIs and generate risk reports for senior management.
• Provide recommendations for risk mitigation strategies and control enhancements.
• Stay updated on industry trends, regulatory changes, and best practices in risk management.

Skills

Analytical skills

Problem solving

Communication

Remote work capability

Education

Master's degree (Statistics / Mathematics / Finance / Economics)

Tools

R

Python

SAS

Job description

About the Role

Our client is seeking a skilled Remote Insurance Risk Analyst to play a key role in identifying, assessing, and mitigating potential risks across their insurance portfolio. This position involves analyzing large datasets, market trends, and regulatory changes to provide strategic insights that inform underwriting, pricing, and product development. You will work collaboratively with various departments, offering data-driven recommendations to enhance financial stability and operational efficiency. This fully remote role is ideal for an analytical professional passionate about quantitative analysis and its application in the insurance industry, allowing for flexible work arrangements and significant impact from anywhere.

Key Responsibilities

• Conduct quantitative and qualitative analysis of insurance risks, including market, credit, and operational risks.
• Develop and implement risk assessment models and methodologies.
• Monitor key risk indicators (KRIs) and generate regular risk reports for senior management.
• Provide recommendations for risk mitigation strategies and control enhancements.
• Stay updated on industry trends, regulatory changes, and best practices in risk management.

Requirements

• Master's degree in Statistics, Mathematics, Finance, Economics, or a related quantitative field.
• Minimum of 5 years of experience in risk analysis within the insurance or financial services industry.
• Proficiency in statistical software (e.g., R, Python, SAS) and data visualization tools.
• Strong understanding of insurance products, markets, and regulatory requirements.
• Excellent analytical, problem-solving, and communication skills, with the ability to work remotely and independently.

Benefits

• Highly competitive salary and potential for annual bonuses.
• Fully remote work opportunity with flexible hours.
• Comprehensive health, dental, and vision insurance plans.
• Employer-contributed retirement savings plan.
• Opportunities for professional growth and access to cutting-edge analytical tools.