Senior Insurance ERM Leader — Paarl

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

Benefits offered by this job

Performance-related bonus

Medical aid

Retirement fund

Professional development opportunities

Job summary

Placements24 is seeking an Insurance Risk Manager in Paarl, Western Cape to identify, assess, monitor and mitigate market, credit, operational and insurance-specific risks.

You will develop and maintain an enterprise-wide ERM framework, perform risk assessments and stress tests, oversee mitigation plans, and ensure regulatory compliance.

The role offers a competitive salary, medical aid, retirement benefits, and strong opportunities for professional development and certifications.

Qualifications

• A relevant tertiary qualification in Finance, Risk Management, Economics, or related field.
• Master's degree or professional certification (PRM/FRM/CFA) advantageous.

Responsibilities

• Develop, implement, and maintain an enterprise-wide ERM framework.
• Identify and assess key risks across all units/functions.
• Design and conduct risk assessments, including scenario analysis and stress testing.
• Develop and monitor risk mitigation strategies and action plans.
• Ensure regulatory compliance and industry best practices for risk management.
• Prepare regular risk reports for senior management and the Board of Directors.
• Foster a strong risk-aware culture across the organization.
• Collaborate with internal audit, compliance and other departments for integrated oversight.
• Monitor KRIs and advise on breaches of risk appetite.
• Contribute to business strategy with risk insights.

Skills

Analytical, quantitative skills

Risk management software

Regulatory knowledge

Communication & interpersonal skills

Education

Tertiary qualification in Finance/Risk Management/Economics

Master's degree or professional certification (PRM/FRM/CFA)

Tools

Risk management tools

Job description

Placements24 is seeking an Insurance Risk Manager in Paarl, Western Cape to identify, assess, monitor and mitigate market, credit, operational and insurance-specific risks.

You will develop and maintain an enterprise-wide ERM framework, perform risk assessments and stress tests, oversee mitigation plans, and ensure regulatory compliance.

The role offers a competitive salary, medical aid, retirement benefits, and strong opportunities for professional development and certifications.