Risk Analyst - Marine & Cargo Insurance

Placements24; Richards Bay; À distance; ZAR 600 000 - 900 000; Plein temps

Avantages offerts par ce poste

Remote work

Health benefits

Professional development opportunities

International exposure

Generous annual leave

Résumé du poste

Placements24 is recruiting a highly analytical Risk Analyst to specialise in marine and cargo insurance for our client, a leading international insurer with operations in South Africa. Based in Richards Bay, this remote-first role focuses on assessing, quantifying, and mitigating risk across maritime trade, cargo movements, and related exposures, collaborating with underwriting and claims teams.

You will translate complex data into actionable insights, develop risk models, monitor risk appetite,

Qualifications

• A relevant degree in Finance, Economics, Statistics, Maritime Studies, or a related quantitative field.
• 4–6 years of risk analysis experience in marine and cargo insurance.
• Strong understanding of marine insurance principles, charter parties, and cargo handling risks.
• Advanced analytical and quantitative skills with statistical modeling and data analysis tools (R, Python, SQL).
• Excellent report writing and presentation skills.
• Ability to work independently in a remote environment.
• Familiarity with South African maritime and insurance regulations.
• Certifications such as PRM or FRM are a plus.

Responsabilités

• Analyze risk data related to marine and cargo policies.
• Develop risk models to quantify losses and assess pricing reserves.
• Identify emerging risks in marine and cargo market.
• Collaborate with underwriters for risk-based insights.
• Assist claims in analyzing loss patterns.
• Develop and implement risk mitigation strategies.
• Prepare risk reports for senior management.
• Monitor risk exposure against appetite.
• Conduct due diligence on clients and partners.
• Stay updated on international maritime regulations and best practices.

Connaissances

Analytical skills

Statistical modeling

Data analysis tools (R, Python, SQL)

Report writing

Independent work

Formation

Finance/Economics/Statistics/Maritime Studies degree

Outils

R

Python

SQL

Description du poste

About the Role

Our client, a prominent international insurer with a significant presence in **South Africa**, is seeking a highly analytical and experienced Risk Analyst to specialize in Marine and Cargo insurance. This role, based in **Richards Bay, KwaZulu-Natal**, will involve the meticulous assessment, quantification, and mitigation of risks associated with maritime trade and cargo transportation. You will work closely with underwriting, claims, and business development teams to ensure that risk exposures are accurately understood and managed within acceptable parameters. The ideal candidate will possess a strong quantitative background, a deep understanding of marine insurance principles, and the ability to translate complex data into actionable insights. This is a remote-first position, offering unparalleled flexibility while requiring dedicated focus and a proactive approach to risk management across our client's **South African** operations. Your expertise will be crucial in safeguarding the company's assets and profitability in this complex and dynamic sector.

Key Responsibilities

• Analyze complex risk data related to marine and cargo insurance policies, including vessel operations, cargo types, trade routes, and geopolitical factors.


• Develop and maintain risk models to quantify potential losses and assess the adequacy of pricing and reserves.


• Identify emerging risks and trends within the marine and cargo insurance market.


• Collaborate with underwriters to provide risk-based insights and recommendations for policy terms and conditions.


• Assist the claims department in analyzing loss patterns and identifying root causes.


• Develop and implement risk mitigation strategies and best practices.


• Prepare comprehensive risk reports for senior management and stakeholders.


• Monitor the company's risk exposure against defined appetite and tolerance levels.


• Conduct due diligence on potential clients and partners involved in marine and cargo operations.


• Stay abreast of international maritime regulations, industry standards, and best practices in risk management.

Requirements

• A relevant degree in Finance, Economics, Statistics, Maritime Studies, or a related quantitative field.


• A minimum of 4-6 years of experience in risk analysis, preferably within the marine and cargo insurance sector.


• Strong understanding of marine insurance principles, charter parties, and cargo handling risks.


• Advanced analytical and quantitative skills, with proficiency in statistical modeling and data analysis tools (e.g., R, Python, SQL).


• Excellent report writing and presentation skills.


• Ability to work independently and manage multiple projects in a remote environment.


• Familiarity with **South African** maritime and insurance regulations.


• Problem-solving aptitude and the ability to think strategically.


• Proactive mindset with a keen eye for detail.


• Relevant professional certifications (e.g., PRM, FRM) are a plus.

Benefits

• Competitive salary and performance-based bonuses.


• Fully remote working arrangement, offering excellent flexibility.


• Comprehensive health and wellness benefits.


• Opportunities for continuous professional development and international exposure.


• Contribution to a leading global insurer's **South African** operations.


• Access to advanced data analytics tools and resources.


• Generous annual leave allowance.