Risk Management Specialist

Placements24; Rustenburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Fully remote

Medical benefits

Retirement benefits

Annual leave

Professional development

Virtual collaboration tools

Bonuses

Wellness programs

Job summary

Placements24 is seeking a highly analytical Risk Management Specialist for a fully remote role in South Africa. You will identify, assess, and mitigate risks across insurance operations and product lines, and help implement robust risk management frameworks.

The ideal candidate has 7+ years in risk management within financial services or insurance, strong regulatory knowledge, and proven experience in risk assessment and modeling.

Qualifications

• Master's degree in Finance, Risk Management, Economics, or related field.
• 7+ years of risk management experience, preferably in insurance/financial services.
• Experience developing and implementing risk management frameworks.
• Strong analytical, problem-solving, and quantitative skills.

Responsibilities

• Conduct comprehensive risk assessments across the organization.
• Develop and monitor risk management strategies and policies.
• Analyze financial data and market trends to anticipate risks.
• Design and oversee risk mitigation plans and controls.
• Ensure regulatory compliance and governance.
• Prepare risk reports for senior management and regulators.
• Collaborate with departments to embed risk practices.
• Stay updated on emerging risks and best practices.
• Develop and deliver risk management training.
• Manage insurance programs and external partners.

Skills

Risk assessment

Financial modeling

Regulatory compliance

Data analysis

Remote collaboration

Communication skills

Education

Master's degree in Finance / Risk Management / Economics

Tools

Risk management software

Data analysis tools

Job description

About the Role

Our client, a prominent player in the insurance sector, is actively seeking a highly analytical and strategic Risk Management Specialist to join their fully remote team. This crucial position involves identifying, assessing, and mitigating potential risks across the organization's operations and product lines. You will be instrumental in developing and implementing robust risk management frameworks and strategies to safeguard the company's assets and reputation. This remote-first role offers the flexibility to work from anywhere in South Africa, supported by advanced digital collaboration tools and a strong virtual team culture. We are dedicated to empowering our remote workforce with the resources and support needed to excel. The ideal candidate will possess extensive experience in risk assessment, a deep understanding of financial regulations and a proactive approach to risk mitigation. Your expertise will be vital in ensuring the company's continued stability and growth in an ever-evolving market landscape. This is a significant opportunity to make a tangible impact on a leading insurance provider.

Key Responsibilities

• Conduct comprehensive risk assessments to identify potential threats to the organization.
• Develop, implement, and monitor risk management strategies and policies.
• Analyze financial data and market trends to predict and manage potential risks.
• Design and oversee the implementation of risk mitigation plans and controls.
• Ensure compliance with all relevant industry regulations and legal requirements.
• Prepare detailed risk reports for senior management and regulatory bodies.
• Collaborate with various departments to embed risk management practices throughout the organization.
• Stay abreast of emerging risks and best practices in risk management.
• Develop and deliver risk management training to staff.
• Manage insurance programs and coordinate with external risk management partners.

Requirements

• Master's degree in Finance, Risk Management, Economics, or a related field.
• Minimum of 7 years of experience in risk management, preferably within the insurance or financial services industry.
• Proven experience in developing and implementing risk management frameworks.
• Strong analytical, problem-solving, and quantitative skills.
• In-depth knowledge of risk assessment methodologies and financial modeling.
• Excellent understanding of regulatory compliance and corporate governance.
• Exceptional communication and presentation skills, capable of conveying complex information clearly.
• Proficiency in risk management software and data analysis tools.
• Ability to work independently and effectively in a remote, collaborative environment.
• Relevant professional certifications (e.g., CRM, FRM) are highly desirable.

Benefits

• Highly competitive annual salary of R .
• Fully remote work arrangement, offering unparalleled flexibility.
• Comprehensive medical and retirement benefits.
• Generous annual leave allowance.
• Opportunities for continuous professional development and certifications.
• Access to advanced virtual collaboration tools.
• Performance-based bonuses.
• A challenging and rewarding work environment.
• Supportive remote team culture.
• Employee wellness and assistance programs.