Remote Insurance Risk Analyst

Placements24; Sandton; Hybrid; ZAR 700,000 - 900,000; Full time

Benefits offered by this job

Bonus opportunities

Flexible working hours

Health, dental & vision insurance

Professional development

Remote work

Job summary

Placements24 is seeking a highly analytical and proactive Remote Insurance Risk Analyst to contribute to their risk management framework. The role focuses on identifying, assessing, and mitigating risks across insurance operations, developing risk models, and analyzing data to quantify exposure in a fully remote setup.

You will collaborate with virtual teams, prepare risk reports, and recommend controls to minimize financial and operational losses.

Qualifications

• 5+ years of experience in risk analysis, preferably within insurance or financial services.
• Strong understanding of risk management principles, methodologies, and tools.
• Proficiency in statistical analysis, data modeling, and relevant software (e.g., Excel, SQL, R).
• Excellent analytical, problem-solving, and critical thinking skills.
• Ability to work independently, manage multiple priorities, and thrive in a remote environment.

Responsibilities

• Identify, assess, and monitor key risks across insurance product lines and operational areas.
• Develop and maintain risk assessment models and methodologies.
• Analyze large datasets to identify trends, quantify risk exposures, and predict potential losses.
• Recommend and implement risk mitigation strategies and controls.
• Prepare comprehensive risk reports and present findings to management and relevant stakeholders.

Skills

Analytical thinking

Problem solving

Risk management

Independent worker

Tools

Excel

SQL

R

Job description

About the Role

Our client is searching for a highly analytical and proactive Remote Insurance Risk Analyst to contribute to their robust risk management framework. This role is critical in identifying, assessing, and mitigating potential risks across the company's insurance operations. You will be responsible for developing risk models, analyzing data to quantify risk exposure, and recommending strategies to minimize financial and operational risks. As a fully remote position, you will have the autonomy to manage your workload effectively, collaborating with teams virtually to safeguard the company's assets and reputation within the competitive insurance landscape.

Key Responsibilities

• Identify, assess, and monitor key risks across insurance product lines and operational areas.
• Develop and maintain risk assessment models and methodologies.
• Analyze large datasets to identify trends, quantify risk exposures, and predict potential losses.
• Recommend and implement risk mitigation strategies and controls.
• Prepare comprehensive risk reports and present findings to management and relevant stakeholders.

Requirements

• Minimum of 5 years of experience in risk analysis , preferably within the insurance or financial services industry.
• Strong understanding of risk management principles, methodologies, and tools.
• Proficiency in statistical analysis, data modeling, and relevant software (e.g., Excel, SQL, R).
• Excellent analytical, problem-solving, and critical thinking skills.
• Ability to work independently, manage multiple priorities, and thrive in a remote environment.

Benefits

• Competitive salary and attractive bonus opportunities.
• Fully remote position with flexible working hours.
• Comprehensive benefits package including health, dental, and vision insurance.
• Opportunities for professional development and specialized risk management certifications.
• A culture that values data-driven decision-making and continuous improvement.