Senior Insurance Risk Analyst (Remote)

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

Benefits offered by this job

Executive bonus structure

Fully remote position

Health/dental/vision benefits

Professional development budget

Opportunity to influence strategicrisk

Job summary

Placements24 seeks a Senior Insurance Risk Analyst to join a fully remote, national-role team. You will identify, assess, and mitigate financial and operational risks across the insurance portfolio, developing advanced risk models and providing strategic insights to senior management.

The role requires 6+ years in risk analysis, strong quantitative skills, and proficiency in Python, R, or SQL. A Master's in a quantitative field is highly preferred; compensation is executive-level with bonus

Qualifications

• 6+ years of progressive experience in risk analysis within insurance/financial services.
• Advanced quantitative skills with expertise in statistical modeling and data analysis.
• Proficiency in Python, R, or SQL for risk modeling and analysis.
• Strong understanding of insurance products, markets, and regulatory environments.

Responsibilities

• Develop, implement, and maintain risk management frameworks and models for insurance operations.
• Conduct quantitative analysis of financial data to identify, measure, and monitor risk exposures.
• Perform stress testing and scenario analysis to evaluate resilience to adverse market conditions.
• Provide expert advice to senior management on risk mitigation strategies and capital allocation.
• Ensure compliance with regulatory requirements and reporting standards for risk management.
• Collaborate with departments to embed a risk-aware culture across the organization.

Skills

Statistical modeling

Data analysis

Advanced quantitative skills

Analytical thinking

Regulatory awareness

Education

Master's degree in Finance, Economics, Statistics, Mathematics, or related field

Tools

Python

R

SQL

Job description

About the Role

Our client is seeking a highly analytical and experienced Senior Insurance Risk Analyst to join their established team, operating entirely remotely to support their national portfolio. This critical role involves identifying, assessing, and mitigating financial and operational risks across the insurance business. You will develop sophisticated risk models, conduct stress testing, and provide strategic insights to senior management to ensure the company's financial stability and compliance. This is an exceptional opportunity for a seasoned professional to leverage advanced analytical skills in a fully remote setting, contributing significantly to risk management strategies without geographical constraints. The ideal candidate is proactive, possesses strong quantitative skills, and excels in independent work.

Key Responsibilities

• Develop, implement, and maintain risk management frameworks and models for the insurance operations.
• Conduct quantitative analysis of financial data to identify, measure, and monitor key risk exposures.
• Perform stress testing and scenario analysis to evaluate the company's resilience to adverse market conditions.
• Provide expert advice and recommendations to senior management on risk mitigation strategies and capital allocation.
• Ensure compliance with relevant regulatory requirements and reporting standards for risk management.
• Collaborate with various departments to embed a strong risk-aware culture throughout the organization.

Requirements

• Minimum of 6 years of progressive experience in risk analysis, preferably within the insurance or financial services industry.
• Advanced quantitative skills, with expertise in statistical modeling, data analysis, and risk assessment techniques.
• Proficiency in data analysis tools and programming languages such as Python, R, or SQL.
• Strong understanding of insurance products, markets, and regulatory environments.
• Excellent analytical, problem-solving, and strategic thinking capabilities.
• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field is highly preferred.

Benefits

• Highly competitive executive-level salary and performance bonus structure.
• Fully remote working position, offering ultimate flexibility and work-life balance.
• Comprehensive executive health, dental, and vision benefits.
• Generous allowance for professional development, certifications, and conferences.
• Opportunity to influence key strategic decisions within a leading insurance firm.