Remote Senior Insurance Risk Architect

Placements24; Johannesburg; Hybrid; ZAR 900,000 - 1,350,000; Full time

Benefits offered by this job

Health insurance

Performance bonuses

Remote work

Training & certifications

Paid time off

Job summary

Placements24 is seeking a Senior Insurance Risk Analyst to join our remote-first team. You will develop and validate risk models across life, health, and general insurance, and analyze market trends, regulatory changes, and economic factors.

Collaborate with underwriting, actuarial and claims teams to advise on risk appetite, prepare reports for senior management, and ensure compliance with Solvency II and IFRS 17.

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics or related quantitative field.
• Minimum 5 years of progressive experience in risk management within the insurance industry.
• Proven expertise in developing and validating risk models (solvency, credit, operational).
• Proficiency in data analysis tools and programming languages such as Python, R, and SQL.
• Strong understanding of Solvency II and IFRS 17 and related regulations.
• Excellent analytical, problem-solving, and communication skills.

Responsibilities

• Develop, implement, and maintain sophisticated risk models to assess exposures across life, health, and general insurance.
• Analyze market trends, regulatory changes, and economic factors to identify emerging risks.
• Collaborate with underwriting, actuarial, and claims teams to advise on risk appetite and tolerance.
• Prepare comprehensive risk reports and presentations for senior management and the board.
• Monitor effectiveness of risk mitigations and recommend enhancements or new controls.
• Ensure compliance with local and international insurance regulations and reporting requirements.
• Utilize statistical software and programming languages (Python, R, SQL) for data analysis, modeling, visualization.
• Stay updated on industry best practices and emerging trends in risk management and insurance.

Skills

Risk management

Financial analysis

Statistical modeling

Data analysis (Python/R/SQL)

Communication

Education

Master's degree in a quantitative field

Tools

Python

R

SQL

Tableau/Power BI

Job description

Placements24 is seeking a Senior Insurance Risk Analyst to join our remote-first team. You will develop and validate risk models across life, health, and general insurance, and analyze market trends, regulatory changes, and economic factors.

Collaborate with underwriting, actuarial and claims teams to advise on risk appetite, prepare reports for senior management, and ensure compliance with Solvency II and IFRS 17.