Remote Insurance Risk Analyst — Data Modeling & Compliance

Placements24; Gqeberha; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Fully remote

Professional development

Diverse risk exposure

Collaborative environment

Home office setup

Medical aid

Retirement fund

Job summary

WhatJobs Direct is seeking an Insurance Risk Analyst for a fully remote role across South Africa. You will identify, assess, and mitigate risks in insurance products and operations, and support strategies to minimize losses.

The ideal candidate will have strong quantitative skills, expertise in statistical software, and the ability to communicate complex findings clearly to stakeholders. This role offers remote flexibility and growth opportunities.

Qualifications

• Proven experience as a Risk Analyst in insurance or financial services.
• Advanced analytical and quantitative skills; proficient in statistical software.
• Excellent communication to explain complex findings to non-technical audiences.
• Experience with data analysis, modeling, and interpretation.
• Strong knowledge of insurance products, operations, and regulatory environments.

Responsibilities

• Identify and assess risks across insurance lines (market, credit, operational, underwriting).
• Develop and implement risk management frameworks and policies.
• Analyze large datasets to identify trends and risk exposures.
• Create and maintain risk models and quantitative tools.
• Collaborate with underwriting, claims, and actuarial teams to integrate risk management.

Skills

Risk analysis

Quantitative skills

Statistical modeling

Data interpretation

Communication skills

Remote work

Education

Finance/Economics/Statistics degree

Tools

R

Python

SAS

Job description

WhatJobs Direct is seeking an Insurance Risk Analyst for a fully remote role across South Africa. You will identify, assess, and mitigate risks in insurance products and operations, and support strategies to minimize losses.

The ideal candidate will have strong quantitative skills, expertise in statistical software, and the ability to communicate complex findings clearly to stakeholders. This role offers remote flexibility and growth opportunities.