Senior Insurance Risk Strategist

Placements24; Gauteng; On-site; ZAR 700,000 - 900,000; Full time

Job summary

Placements24 is seeking an experienced Insurance Risk Analyst to join its client in Benoni. The role focuses on identifying, assessing, and mitigating market, credit, operational, and underwriting risks, with emphasis on developing risk models and monitoring exposures to safeguard financial health.

Responsibilities include implementing risk frameworks, analyzing financial data and market trends, reporting KRIs to senior management, conducting stress tests, and collaborating with underwriting,

Qualifications

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in risk analysis, preferably within the insurance or financial services industry.
• Strong knowledge of risk management principles, regulatory requirements (e.g., Solvency II), and statistical modeling techniques.
• Proficiency in data analysis.

Responsibilities

• Develop, implement, and maintain risk management frameworks and models for various insurance lines.
• Analyze financial data and market trends to identify potential risks and quantify their impact on the business.
• Monitor risk exposures across the organization and report on key risk indicators (KRIs) to senior management.
• Conduct stress testing and scenario analysis to assess the company's resilience to adverse events.
• Collaborate with underwriting, actuarial, and claims departments to integrate risk management into business processes.
• Recommend and implement risk mitigation strategies and controls to reduce potential losses.

Skills

Data analysis

Risk analysis

Education

Master's degree in Finance or related quantitative field

Job description

Placements24 is seeking an experienced Insurance Risk Analyst to join its client in Benoni. The role focuses on identifying, assessing, and mitigating market, credit, operational, and underwriting risks, with emphasis on developing risk models and monitoring exposures to safeguard financial health.

Responsibilities include implementing risk frameworks, analyzing financial data and market trends, reporting KRIs to senior management, conducting stress tests, and collaborating with underwriting,