Risk Manager - Insurance

Placements24; Vereeniging; On-site; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Comprehensive benefits package

Professional development

Job summary

Placements24 is seeking a seasoned Risk Manager to oversee enterprise-wide risk management within Vereeniging operations. You will identify, assess, and mitigate risks affecting financial stability, operations, and reputation, while developing frameworks, policies, and procedures for long-term sustainability.

The ideal candidate brings extensive risk management experience in financial services or insurance, strong analytical and leadership skills, and relevant certifications (CRISC/PRMIA) to

Qualifications

• Extensive experience in risk management, preferably within the financial services or insurance sector.
• Strong knowledge of risk assessment methodologies, risk modeling, and mitigation techniques.
• Strong knowledge of relevant regulatory frameworks and compliance requirements.
• Excellent analytical, strategic thinking, and decision-making abilities.
• Proven leadership and stakeholder management skills.
• Relevant professional certifications (e.g., CRISC, PRMIA) are highly advantageous.

Responsibilities

• Develop, implement, and maintain the company's enterprise-wide risk management framework.
• Identify, assess, and prioritize key risks across all business functions, including operational, financial, strategic, and compliance risks.
• Design and execute risk mitigation strategies and action plans, working collaboratively with department heads.
• Monitor the effectiveness of risk controls and compliance with regulatory requirements.
• Prepare comprehensive risk reports for senior management and the board of directors.
• Conduct periodic reviews of insurance policies and coverage to ensure adequacy.

Skills

Risk management

Risk assessment

Regulatory compliance

Analytical thinking

Leadership

Certifications (CRISC/PRMIA)

Job description

About the Role

Our client is seeking a seasoned and strategic Risk Manager to oversee risk management functions within their Vereeniging operations. This role is pivotal in identifying, assessing, and mitigating potential risks that could impact the company's financial stability, operations, and reputation. You will develop and implement comprehensive risk management frameworks, policies, and procedures. The ideal candidate will have a strong understanding of the insurance industry and possess excellent analytical and problem-solving skills to safeguard the organization's assets and ensure long-term sustainability.

Key Responsibilities

• Develop, implement, and maintain the company's enterprise-wide risk management framework .
• Identify, assess, and prioritize key risks across all business functions, including operational, financial, strategic, and compliance risks.
• Design and execute risk mitigation strategies and action plans, working collaboratively with department heads.
• Monitor the effectiveness of risk controls and compliance with regulatory requirements.
• Prepare comprehensive risk reports for senior management and the board of directors.
• Conduct periodic reviews of insurance policies and coverage to ensure adequacy.

Requirements

• Extensive experience in risk management , preferably within the financial services or insurance sector.
• Deep understanding of risk assessment methodologies , risk modeling, and mitigation techniques.
• Strong knowledge of relevant regulatory frameworks and compliance requirements.
• Excellent analytical, strategic thinking, and decision-making abilities.
• Proven leadership and stakeholder management skills.
• Relevant professional certifications (e.g., CRISC, PRMIA) are highly advantageous.

Benefits

• Highly competitive salary and comprehensive benefits package.
• Opportunity to shape the risk strategy of a significant insurance provider.
• Professional development and continuous learning opportunities.
• Prime office location in Vereeniging .
• Supportive management and a culture that values risk awareness.