Risk Analyst - FTC (CPT)

Santam Business; Cape Town; On-site; ZAR 320,000 - 550,000; Full time

Job summary

A leading company in the financial services sector, Santam Business, is seeking a Risk Analyst for a 12-month fixed-term contract in Cape Town. The role involves supporting risk management initiatives, maintaining risk frameworks, and engaging with stakeholders to promote a risk-aware culture. Candidates should hold a relevant degree and have at least two years of experience in risk management within financial services.

Benefits

Collaboration opportunities with various stakeholders

Exposure to risk management framework best practices

Qualifications

• Minimum of 2 years relevant risk management experience in financial services, preferably non-life insurance.

Responsibilities

• Support ERM functions across all risk types and collaborate with stakeholders.
• Identify, assess, and manage risks using various tools.
• Ensure timely reporting to management and external parties.

Skills

Knowledge of financial services and risk types

Excellent communication skills

Ability to work independently

Report writing

Time management

Education

Degree in risk management, insurance, accounting, or related fields

Tools

Microsoft Office

Job description

The role

Santam has an exciting new opportunity for a Risk Analyst within Santam Partnership Solution (SPS), a division of Santam Limited. This is a 12-month fixed-term contract based in Tygervalley, Cape Town.

What will you do?

Assist the Risk Manager with risk management activities across SPS and support the execution of risk monitoring within the business.

What will make you successful in this role?

• Support ERM functions across all risk types, collaborating with stakeholders to foster a risk-aware culture.
• Identify, assess, and manage risks using tools such as risk registers, surveys, KRIs, RCSAs, and root cause analyses.
• Ensure timely, accurate reporting to management and external parties, incorporating best practices.
• Maintain the relevance of Risk Management Frameworks aligned with Santam’s standards.
• Monitor and track all audit issues within SPS.
• Assist in the preparation of ERM submissions and coordinate assurance activities.
• Build and maintain ERM knowledge and document management systems.
• Coordinate with stakeholders on ERM systems and data quality.
• Conduct risk training sessions for stakeholders.

Qualifications and Experience

• Degree in risk management, insurance, accounting, or related fields.
• Minimum of 2 years relevant risk management experience in financial services, preferably non-life insurance.

Skills

• Knowledge of financial services and risk types.
• Proficiency in Microsoft Office, including Excel, Word, PowerPoint, and SharePoint.
• Excellent communication skills.
• Ability to work independently, prioritize, and synthesize information.
• Experience in report writing and stakeholder engagement.
• Strong time management, assertiveness, and attention to detail.
• Ability to operate in a dynamic environment and manage conflicts effectively.

Core Competencies

• Collaboration
• Client focus
• Results orientation
• Flexibility and adaptability
• Innovation cultivation
• Risk management
• Reporting and compliance