Senior Insurance Risk Analyst

Placements24; Benoni; Hybrid; ZAR 700,000 - 1,200,000; Full time

Benefits offered by this job

Hybrid working model

Comprehensive health insurance

Retirement planning

Professional development opportunities

Job summary

Placements24 in Benoni, Gauteng, seeks a Senior Insurance Risk Analyst to join the strategic team. You will develop risk management frameworks, conduct comprehensive risk assessments, and provide recommendations to senior management to safeguard assets and reputation.

The role requires at least 5 years in risk analysis (insurance preferred), strong COSO/ISO 31000 knowledge, and proficiency with risk software and data tools.

Qualifications

• Minimum 5 years of experience in risk analysis or management, preferably within the insurance sector.
• Strong understanding of risk management frameworks (e.g., COSO, ISO 31000).
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in risk management software and data analysis tools.
• Strong report writing and presentation skills.
• Relevant professional certification (e.g., CRISC, FRM) is highly desirable.

Responsibilities

• Develop and implement enterprise-wide risk management strategies and policies.
• Conduct detailed risk assessments, including financial, operational, and strategic risks.
• Analyze risk data and identify key risk indicators (KRIs) and key control indicators (KCIs).
• Develop and monitor risk mitigation plans and ensure their effectiveness.
• Prepare comprehensive risk reports for senior management and regulatory bodies.
• Stay abreast of emerging risks and regulatory changes impacting the insurance industry.

Skills

Risk analysis

Analytical skills

Data analysis

Report writing

Presentation skills

Problem-solving

Tools

Risk software

Data analysis tools

Job description

About the Role

Our client is seeking an experienced Senior Insurance Risk Analyst to join their strategic team in Benoni . This vital role focuses on identifying, assessing, and mitigating a wide range of risks across the company's insurance operations. You will be responsible for developing risk management frameworks, conducting comprehensive risk assessments, and providing recommendations to senior management. This position within the Gauteng region is ideal for a proactive professional passionate about safeguarding the company's assets and reputation through robust risk management practices.

Key Responsibilities

• Develop and implement enterprise-wide risk management strategies and policies.
• Conduct detailed risk assessments, including financial, operational, and strategic risks.
• Analyze risk data and identify key risk indicators (KRIs) and key control indicators (KCIs).
• Develop and monitor risk mitigation plans and ensure their effectiveness.
• Prepare comprehensive risk reports for senior management and regulatory bodies.
• Stay abreast of emerging risks and regulatory changes impacting the insurance industry.

Requirements

• Minimum 5 years of experience in risk analysis or management, preferably within the insurance sector.
• Strong understanding of risk management frameworks (e.g., COSO, ISO 31000).
• Excellent analytical, quantitative, and problem-solving skills.
• Proficiency in risk management software and data analysis tools.
• Strong report writing and presentation skills.
• Relevant professional certification (e.g., CRISC, FRM) is highly desirable.

Benefits

• Competitive salary and performance-based incentives.
• Comprehensive health insurance and retirement planning options.
• Hybrid working model offering flexibility.
• Professional development and continuous learning opportunities.
• A challenging and rewarding role within a growing organisation in Benoni .