Senior Insurance Risk Assessor

Placements24; Pietermaritzburg; Híbrido; ZAR 900.000 - 1.500.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Health, dental, and vision insurance

Flexible remote work

Professional development opportunities

Paid time off and holidays

Retirement savings plan with employer

Bonus incentives

Descripción de la vacante

Placements24 is seeking a Senior Insurance Risk Assessor for a leading financial services provider in South Africa. The role is remote-first and nationwide, focusing on advanced data analytics to identify, quantify, and mitigate insurance risks across life, health, and general lines.

The ideal candidate has 5+ years in insurance risk assessment or actuarial analysis, with strong statistical modeling and proficiency in SAS, R, Python, SQL, and Excel.

Formación

• Five years of progressive experience in insurance risk assessment, actuarial analysis, or related field.
• Proven expertise in statistical modeling, data analysis, and risk management techniques.
• Proficiency with risk assessment software and data analysis tools (SAS, R, Python, SQL, Excel).

Responsabilidades

• Conduct risk assessments for life, health, and general insurance products.
• Develop and implement advanced statistical models to quantify exposures and forecast risk.
• Analyze large datasets to identify trends, patterns, and anomalies indicating emerging risks.
• Collaborate with underwriting, claims, and actuarial teams to advise on risk mitigation.
• Monitor effectiveness of risk frameworks and recommend adjustments.
• Prepare detailed reports for senior management outlining risks and proposed solutions.
• Ensure adherence to regulatory requirements and industry best practices.
• Stay updated on market developments and regulatory changes.

Conocimientos

Statistical modeling

Data analysis

Risk management

Communication

Independent work

Team collaboration

Educación

Bachelor's degree in Actuarial Science/Statistics/Mathematics/Finance/Economics

Master's degree

Herramientas

SAS

R

Python

SQL

Excel

Descripción del empleo

About the Role

Our client, a leading provider in the financial services sector, is seeking a highly analytical and experienced Senior Insurance Risk Assessor to join their dynamic, remote-first team. This pivotal role is designed for a professional who thrives in a challenging environment, leveraging sophisticated data analysis to identify, evaluate, and mitigate potential risks across various insurance products. You will be instrumental in shaping the company's risk management strategies, ensuring financial stability and compliance with regulatory standards. This is an exceptional opportunity to make a significant impact from anywhere in the country, contributing to a forward-thinking organization that values innovation and employee well-being. The role requires a proactive individual adept at handling complex datasets and providing actionable insights.

Key Responsibilities

• Conduct comprehensive risk assessments for new and existing insurance products, including life, health, and general insurance lines.
• Develop and implement advanced statistical models to quantify potential financial exposures and forecast risk probabilities.
• Analyze large datasets to identify trends, patterns, and anomalies that may indicate emerging risks.
• Collaborate with underwriting, claims, and actuarial teams to provide expert advice on risk mitigation strategies.
• Monitor the effectiveness of risk management frameworks and recommend adjustments as needed.
• Prepare detailed reports and presentations for senior management, outlining key risks, their potential impact, and proposed solutions.
• Ensure adherence to all relevant regulatory requirements and industry best practices in risk management.
• Stay abreast of market developments and regulatory changes impacting the insurance industry.
• Contribute to the development and refinement of internal risk assessment tools and methodologies.
• Mentor junior members of the risk assessment team, fostering a culture of continuous learning and improvement.

Requirements

• A Bachelor's degree in Actuarial Science, Statistics, Mathematics, Finance, Economics, or a related quantitative field.
• A Master's degree is a significant advantage.
• A minimum of 5 years of progressive experience in insurance risk assessment, actuarial analysis, or a closely related field.
• Proven expertise in statistical modeling, data analysis, and risk management techniques.
• Proficiency in risk assessment software and data analysis tools (e.g., SAS, R, Python, SQL, Excel).
• Strong understanding of insurance products, underwriting principles, and claims processes.
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional communication and interpersonal skills, with the ability to clearly articulate complex findings to diverse audiences.
• Demonstrated ability to work independently and collaboratively in a remote work environment.
• Strong project management and organizational skills, with the ability to manage multiple priorities effectively.
• Familiarity with South African insurance regulations is preferred.

Benefits

• Competitive salary package commensurate with experience and qualifications.
• Comprehensive health, dental, and vision insurance coverage.
• Generous paid time off, including vacation, sick leave, and public holidays.
• Retirement savings plan with employer matching contributions.
• Opportunities for professional development, training, and continuing education.
• Flexible working hours and a fully remote work environment, promoting work-life balance.
• Access to cutting-edge technology and analytical tools.
• A supportive and collaborative team culture focused on professional growth.
• Performance-based bonuses and incentives.
• Employee assistance program offering confidential counseling and support services.