Risk Manager - General Insurance

Placements24; Benoni; On-site; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Competitive salary package

Medical coverage

Pension scheme

Professional development & advanced培训

Generous annual leave

Employee wellness programs

Job summary

Placements24 is partnering with a prominent general insurance company to hire a seasoned Risk Manager in Benoni, Gauteng. You will lead development and maintenance of the risk management framework, identify key risks, and drive mitigation across all functions.

You will develop KRIs, monitor risk exposures, conduct assessments, and advise senior management on action plans, contributing to regulatory compliance and business continuity.

Qualifications

• Bachelor's degree in Finance, Business Administration, Risk Management or related field.
• CRISC or PRM certification is highly desirable.
• Minimum 6 years in risk management, preferably in insurance or financial services.
• Strong knowledge of COSO and ISO 31000 frameworks.
• Analytical, problem-solving and decision-making skills.

Responsibilities

• Develop and maintain the company's overall risk management framework.
• Identify and assess risks across all business functions.
• Design and implement strategies to mitigate identified risks.
• Monitor risk exposures and report trends and impacts.
• Develop KRIs and ensure regular reporting.
• Conduct risk assessments and audits for regulatory compliance.
• Advise senior management on risk-related matters and actions.
• Foster a risk-aware culture across the organization.
• Coordinate business continuity and disaster recovery planning.
• Stay informed about emerging risks and best practices.

Skills

Analytical skills

Problem-solving

Decision-making

Communication & presentation

Interpersonal skills

Stakeholder management

On-site presence

Education

Bachelor's degree in Finance, Business Administration, Risk Management or related field

CRISC or PRM certification desirable

COSO and ISO 31000 knowledge

Job description

About the Role

Our client, a prominent general insurance company, is seeking an experienced and strategic Risk Manager to join their established team in Benoni, Gauteng . This vital role is responsible for identifying, assessing, and mitigating a wide range of risks faced by the company, including operational, financial, market, and strategic risks. The successful candidate will develop and implement robust risk management frameworks, policies, and procedures to ensure the company's stability and compliance. This position requires a deep understanding of risk management principles and a proactive approach to safeguarding the organization's assets and reputation in Benoni .

Key Responsibilities

• Develop, implement, and maintain the company's overall risk management framework.
• Identify and assess key risks across all business functions and operations.
• Design and implement strategies to mitigate identified risks effectively.
• Monitor and analyze risk exposures, reporting on trends and potential impacts.
• Develop Key Risk Indicators (KRIs) and ensure their regular reporting.
• Conduct regular risk assessments and audits to ensure compliance with regulatory requirements and internal policies.
• Advise senior management on risk-related matters and recommend appropriate actions.
• Foster a strong risk-aware culture throughout the organization.
• Manage and coordinate the company's business continuity and disaster recovery planning.
• Stay informed about emerging risks and industry best practices in risk management.

Requirements

• Bachelor's degree in Finance, Business Administration, Risk Management, or a related field.
• Professional certification in Risk Management (e.g., CRISC, PRM) is highly desirable.
• Minimum of 6 years of experience in risk management, preferably within the insurance or financial services sector.
• In-depth knowledge of risk management frameworks (e.g., COSO, ISO 31000).
• Strong analytical, problem-solving, and decision-making skills.
• Excellent understanding of the general insurance business and its associated risks.
• Proficiency in risk assessment tools and techniques.
• Strong communication, presentation, and interpersonal skills.
• Ability to influence and collaborate effectively with stakeholders at all levels.
• Commitment to working on-site in Benoni, Gauteng .

Benefits

• Our client offers a competitive salary package, reflecting the importance of this role, along with a performance-based bonus.
• Employees receive comprehensive medical coverage, a generous pension scheme, and opportunities for professional development, including advanced training and certifications.
• The company fosters a culture of continuous improvement and professional growth.
• Working in Benoni provides a strategic location within the Gauteng region.
• This role offers the chance to significantly influence the company's strategic direction and risk posture.
• Additional benefits include generous annual leave and access to employee wellness programs.

Working in Benoni

provides a strategic location within the Gauteng region. This role offers the chance to significantly influence the company's strategic direction and risk posture.