Risk Manager

Placements24; Stellenbosch; Hybrid; ZAR 900,000 - 1,700,000; Full time

Benefits offered by this job

Competitive salary

Fully remote

Leadership opportunities

Professional development

Job summary

Placements24 seeks an experienced Risk Manager to lead enterprise risk management across a fully remote South Africa operation. You will develop, implement, and maintain ERM frameworks, identify risks across functions, and prepare reports for leadership to support strategic decision-making.

The role requires 7+ years in risk management, strong knowledge of SA regulations, and the ability to influence stakeholders in a remote environment.

Qualifications

• 7+ years of progressive risk management experience in insurance or financial services.
• Experience developing and implementing ERM frameworks.
• Knowledge of risk assessment methodologies, mitigations, and internal controls.
• Strong knowledge of South African financial and insurance regulations (FAIS, FICA, SAM).
• Excellent analytical, problem-solving, and decision-making skills.
• Remote collaboration and stakeholder engagement skills.
• Familiarity with risk management software and standard office productivity tools.

Responsibilities

• Develop, implement, and maintain the organization's Enterprise Risk Management (ERM) framework.
• Identify, assess, and prioritize potential risks across all business functions (operational, financial, strategic, compliance, cyber).
• Design and execute risk mitigation strategies and action plans.
• Develop and monitor KRIs and KPIs related to risk management.
• Prepare regular risk reports for senior management and the board of directors.
• Ensure compliance with South African insurance regulations and industry best practices.
• Conduct risk assessments for new projects, products, and initiatives.
• Facilitate risk management training and awareness programs for employees.
• Manage the company's insurance and re-insurance programs from a risk perspective.
• Engage in continuous learning and stay abreast of emerging risks and risk management techniques.

Skills

ERM expertise

Stakeholder management

Analytical thinking

Regulatory knowledge

Risk mitigation

Education

Commerce/Finance degree

CRISC

CRM

PRM

Tools

GRC software

Excel

Job description

About the Role

Our client, a distinguished entity within the **insurance** sector, is seeking a highly experienced and strategic Risk Manager to join their fully remote team. This crucial role will oversee the identification, assessment, and mitigation of various risks across the organization, ensuring robust risk management frameworks are in place. As a remote-first company, we champion a culture of autonomy, accountability, and seamless virtual collaboration, offering you the flexibility to work from anywhere in **South Africa**. You will be instrumental in developing and implementing risk management strategies, policies, and procedures that align with business objectives and regulatory requirements. The ideal candidate possesses a deep understanding of enterprise risk management (ERM), a strong analytical aptitude, and the ability to influence stakeholders at all levels. This position offers a significant opportunity to make a tangible impact on the company's stability and success, contributing to its long-term resilience and growth in the competitive **insurance** market. We are committed to fostering an inclusive and supportive remote work environment.

Key Responsibilities

• Develop, implement, and maintain the company's Enterprise Risk Management (ERM) framework.
• Identify, assess, and prioritize potential risks across all business functions (e.g., operational, financial, strategic, compliance, cyber).
• Design and execute risk mitigation strategies and action plans.
• Develop and monitor key risk indicators (KRIs) and key performance indicators (KPIs) related to risk management.
• Prepare regular risk reports for senior management and the board of directors.
• Ensure compliance with relevant South African insurance regulations and industry best practices.
• Conduct risk assessments for new projects, products, and business initiatives.
• Facilitate risk management training and awareness programs for employees across the organization.
• Manage the company's insurance and re-insurance programs from a risk perspective.
• Engage in continuous learning and stay abreast of emerging risks and risk management techniques.
• Participate actively in virtual team meetings and contribute to strategic risk discussions.

Requirements

• A minimum of 7 years of progressive experience in risk management, preferably within the **insurance** or financial services industry.
• Proven experience in developing and implementing ERM frameworks.
• In-depth knowledge of risk assessment methodologies, risk mitigation techniques, and internal controls.
• Strong understanding of South African financial and insurance regulations (e.g., FAIS, FICA, Solvency Assessment and Management).
• Excellent analytical, problem-solving, and decision-making skills.
• Exceptional communication, influencing, and stakeholder management skills, vital for remote collaboration.
• Proficiency in risk management software and standard office productivity tools.
• Relevant professional certifications (e.g., CRISC, CRM, PRM) are highly desirable.
• Ability to work independently and lead initiatives in a fully remote setting.
• Must hold a relevant tertiary qualification (e.g., Commerce, Law, Finance, Actuarial Science) and be legally eligible to work in **South Africa**.

Benefits

• Highly competitive salary and comprehensive benefits package.
• Fully remote work arrangement offering exceptional flexibility and work-life balance.
• Opportunity to lead and shape risk management strategies for a leading insurer.
• Access to advanced risk management tools and resources.
• Continuous professional development and learning opportunities.
• A collaborative and supportive virtual work environment.