Senior Insurance Risk Analyst (Remote)

Placements24; Bloemfontein; Hybrid; ZAR 800,000 - 1,200,000; Full time

Benefits offered by this job

Health insurance

Remote work allowance

Professional growth opportunities

Job summary

Placements24 is seeking a Senior Insurance Risk Analyst to join our remote operations team. You will identify and mitigate risks across the organization, leveraging quantitative analysis to support strategic decisions.

This fully remote role offers autonomy, collaboration with global teams, and opportunities for professional growth and industry certifications.

Qualifications

• Master's degree in Finance, Economics, Statistics, or a related quantitative field.
• Minimum of 5 years of experience in risk analysis, preferably in insurance or financial services.
• Strong proficiency in quantitative analysis, statistical modeling, and risk management software.
• Excellent analytical and presentation skills; ability to work remotely and manage multiple projects.

Responsibilities

• Develop and implement sophisticated risk assessment models for insurance lines.
• Analyze financial data, market trends, and processes to identify emerging risks.
• Design strategies to mitigate risks and enhance resilience.
• Prepare risk reports and present findings to senior management.
• Collaborate with stakeholders to embed risk management into operations.
• Monitor regulatory changes and ensure compliance with risk frameworks.

Skills

Quantitative analysis

Statistical modeling

Risk management

Remote work

Report writing

Education

Master's degree in Finance/Economics/Statistics

Tools

Risk management software

Job description

About the Role

Our client is seeking an experienced Senior Insurance Risk Analyst to join their remote operations team, contributing to the strategic management of risk across the organization. In this capacity, you will be responsible for identifying, assessing, and mitigating potential risks that could impact the company's financial stability and operational efficiency. This role requires a strong analytical mindset and a deep understanding of the insurance landscape. As a fully remote position, you will have the autonomy to manage your workload and collaborate effectively with teams across different locations, driving robust risk management practices.

Key Responsibilities

• Develop and implement sophisticated risk assessment models and methodologies for various insurance lines.
• Analyze financial data, market trends, and operational processes to identify emerging risks.
• Design and recommend strategies to mitigate identified risks and improve overall resilience.
• Prepare comprehensive risk reports and present findings to senior management and relevant committees.
• Collaborate with internal stakeholders to embed risk management principles into business operations.
• Monitor regulatory changes and ensure compliance with all relevant risk management frameworks.

Requirements

• Master's degree in Finance, Economics, Statistics, or a related quantitative field.
• Minimum of 5 years of experience in risk analysis, preferably within the insurance or financial services sector.
• Strong proficiency in quantitative analysis, statistical modeling, and risk management software.
• Excellent analytical, critical thinking, and problem-solving skills.
• Ability to work independently and manage multiple projects in a remote environment.
• Exceptional report-writing and presentation skills.

Benefits

• Highly competitive salary and performance-based bonus structure.
• Comprehensive health, dental, and vision insurance plans.
• Generous remote work allowance and technology support.
• Significant opportunities for professional growth and industry certifications.
• A culture that fosters innovation, intellectual curiosity, and continuous learning.