Risk Manager - Discovery Life

Discovery Limited; Johannesburg; On-site; ZAR 450,000 - 600,000; Full time

Job summary

A leading company in the assurance sector is seeking a Risk Manager to support the risk management function within its Life and Invest business. The role includes delivering risk reporting, managing risk profiles, and promoting a strong risk management culture. Candidates must possess a relevant degree and significant experience in risk management.

Qualifications

• Matric is essential.
• 3 years’ work experience in risk management or related roles required.
• Understanding of relevant regulations in the SA financial sector is crucial.

Responsibilities

• Deliver and facilitate the risk management programme.
• Manage risk profiles and perform risk assessments as required.
• Provide technical risk management support in meetings.

Skills

Analytical skills

Communication skills

Project management skills

Education

BCom, BSc (Risk Management or Finance)

Job description

Discovery Life

Risk Manager

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Life

Discovery Life is an ever-growing, fast-paced, and dynamic environment that provides innovative risk assurance to individual clients. It thrives on customer engagement and experience, as well as mutually beneficial relationships with brokers and stakeholders. Our employees are committed to delivering world-class service to internal and external clients, ensuring long-term, sustainable relationships.

Key Purpose

The key purpose is to support the risk management function in the Life and Invest business by delivering and facilitating the risk management programme and activities.

Areas of Responsibility include but are not limited to:

1. Consistent, timely delivery of risk reporting requirements for the Life and Invest business.
2. Stakeholder management—ensuring accurate reporting of risk exposures through regular engagement with management.
3. Managing risk profiles to keep information relevant, up-to-date, and reflective of the business environment.
4. Performing risk assessments as required.
5. Supporting the Head of Risk in delivering the Risk Management plan.
6. Providing technical risk management support in meetings and reviews.
7. Promoting a strong risk management culture through engagement and challenge.
8. Supporting and guiding junior staff.

Education and Experience

Essential:

1. Matric
2. BCom, BSc (Risk Management or Finance) from an accredited institution
3. 3 years’ work experience in risk management or related roles

Advantageous:

1. Risk Management degree
2. 3 years’ experience as a Risk Analyst or Risk Manager

Technical Skills and Knowledge

Essential:

1. Understanding of relevant regulations and compliance in the SA financial sector
2. Strong analytical and communication skills
3. Project management skills in risk assessment, mitigation, and compliance
4. At least 4 years of experience in insurance and/or investment platforms

Advantageous:

1. Familiarity with risk management frameworks such as COSO, ISO 31000, or NIST

EMPLOYMENT EQUITY

The Company’s Employment Equity Plan and Targets will be considered during recruitment. We actively encourage and welcome applications from people with disabilities.