Senior Operational Risk Analyst - Hybrid (Insurance)

Placements24; Randburg; Hybrid; ZAR 900,000 - 1,300,000; Full time

Benefits offered by this job

Hybrid work model

Medical aid

Provident fund

Professional development

Job summary

Placements24 in Randburg is seeking a Senior Risk Analyst to lead operational risk management within our insurance-focused operations. You will build and refine risk frameworks, conduct assessments, and monitor KRIs/KPIs while guiding remediation and governance.

The ideal candidate offers 5+ years in risk management, strong analytical ability, and familiarity with FAIS/FICA regulations. Hybrid work model and opportunities for professional development are provided.

Qualifications

• Minimum of 5 years of risk management experience in financial services or insurance.
• Solid understanding of operational risk principles and tools.
• Experience in risk assessments, mitigation plans, and incident analysis.
• Excellent analytical, problem-solving and communication skills.
• Proficiency in risk management software and MS Office.

Responsibilities

• Develop, implement and maintain the operational risk management framework.
• Conduct risk assessments and identify vulnerabilities in processes.
• Monitor KRIs and KPIs; report to senior management.
• Develop risk mitigation strategies and action plans.
• Investigate incidents, determine root causes and recommend actions.
• Prepare risk reports for committees and management.
• Ensure compliance with FAIS, FICA and SOLVENCY requirements.
• Deliver risk training and promote risk culture across departments.
• Collaborate with teams to embed risk practices throughout the organisation.
• Stay updated on emerging risks and industry best practices.

Skills

Operational risk

Analytical thinking

Risk assessment

Incident analysis

MS Office

Report writing

Presentation skills

Communication

Teamwork

Education

CRISC certification

PRMIA certification

Tools

Risk management software

Job description

Placements24 in Randburg is seeking a Senior Risk Analyst to lead operational risk management within our insurance-focused operations. You will build and refine risk frameworks, conduct assessments, and monitor KRIs/KPIs while guiding remediation and governance.

The ideal candidate offers 5+ years in risk management, strong analytical ability, and familiarity with FAIS/FICA regulations. Hybrid work model and opportunities for professional development are provided.