Risk Manager (Insurance)

Placements24; Pretoria; On-site; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Salary package

Health insurance

Retirement benefits

Growth opportunities

Leadership development

Collaborative environment

Job summary

Placements24 in Pretoria is seeking an experienced Risk Manager to lead and implement risk management strategies within an insurance operation. You will identify, assess, and mitigate operational, financial, and compliance risks while developing ERM frameworks and ensuring regulatory compliance.

The role requires a senior professional with strong analytical and strategic planning skills, fluent in risk assessment methodologies, and a deep understanding of the South African insurance regulatory

Qualifications

• Minimum of 7 years in risk management, preferably within the insurance industry.
• In-depth knowledge of ERM principles, risk assessment methodologies, and control frameworks.
• Strong understanding of the South African insurance regulatory landscape.

Responsibilities

• Develop and maintain the enterprise risk management framework.
• Identify and assess risks across underwriting, claims, and investments.
• Design and implement strategies to mitigate identified risks and monitor their effectiveness.
• Ensure compliance with all relevant insurance regulations and industry best practices.
• Prepare risk reports for senior management and the board of directors.
• Conduct risk training and awareness programs for employees across the organization.

Skills

Risk management

Regulatory knowledge

Analytical thinking

Strategic planning

Education

CRM/PRM/FRM desirable

Job description

About the Role

Our client is seeking an experienced Risk Manager to oversee and implement risk management strategies within their insurance operations based in Pretoria . This senior role involves identifying, assessing, and mitigating potential risks across the organization, including operational, financial, and compliance risks. You will develop and manage frameworks, policies, and procedures to safeguard company assets and ensure business continuity. This position requires a strategic thinker with a strong understanding of the insurance landscape and regulatory environment.

Key Responsibilities

• Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
• Identify and assess potential risks across all business functions, including underwriting, claims, and investments.
• Design and implement strategies to mitigate identified risks and monitor their effectiveness.
• Ensure compliance with all relevant insurance regulations and industry best practices.
• Prepare risk reports for senior management and the board of directors.
• Conduct risk training and awareness programs for employees across the organization.

Requirements

• Minimum of 7 years of experience in risk management , preferably within the insurance industry .
• In-depth knowledge of ERM principles, risk assessment methodologies, and control frameworks.
• Strong understanding of the South African insurance regulatory landscape.
• Excellent analytical, strategic planning, and problem-solving skills.
• Relevant professional qualifications such as CRM, PRM, or FRM are highly desirable.

Benefits

• Competitive salary package commensurate with experience.
• Comprehensive health insurance and retirement benefits.
• Significant opportunities for professional growth and leadership development.
• Strategic role within a leading insurance organization in Pretoria .
• Collaborative and professional work environment.