Senior Risk Analyst - Insurance

Placements24; Pretoria; Hybrid; ZAR 900,000 - 1,200,000; Full time

Benefits offered by this job

Hybrid work model

Medical aid

Retirement fund

Bonuses

Learning opportunities

Job summary

Placements24 seeks a Senior Risk Analyst to bolster its insurance operations in Pretoria. You will identify, assess, and mitigate financial and operational risks across the insurance portfolio, developing risk management strategies and ensuring regulatory compliance.

You will analyze large datasets, prepare risk reports for senior management, and work with business units to implement controls. A 4+ year track record in risk analysis within insurance is required, with ERM knowledge and strong

Qualifications

• Minimum 4 years' risk analysis experience in insurance.
• Strong quantitative and analytical skills.
• Knowledge of ERM frameworks and regulatory requirements.
• Ability to communicate complex risk information clearly.

Responsibilities

• Develop and implement robust risk assessment frameworks and methodologies for insurance operations.
• Analyze large datasets to identify emerging risks, trends, and potential vulnerabilities.
• Create comprehensive risk reports and present findings to senior management and relevant committees.
• Collaborate with business units to implement risk mitigation strategies and controls.
• Monitor regulatory changes and ensure the company's risk management practices remain compliant.

Skills

Risk analysis

Data analysis

ERM & compliance

Clear risk communication

Education

Finance degree

Economics degree

Mathematics degree

Job description

About the Role

Our client is seeking an experienced Senior Risk Analyst to bolster their insurance operations in Pretoria . This analytical role focuses on identifying, assessing, and mitigating financial and operational risks across the company's insurance portfolio. You will play a key role in developing risk management strategies, ensuring compliance, and contributing to the overall financial stability and strategic decision-making of the organization within the Gauteng province .

Key Responsibilities

• Develop and implement robust risk assessment frameworks and methodologies for insurance operations.
• Analyze large datasets to identify emerging risks, trends, and potential vulnerabilities.
• Create comprehensive risk reports and present findings to senior management and relevant committees.
• Collaborate with business units to implement risk mitigation strategies and controls.
• Monitor regulatory changes and ensure the company's risk management practices remain compliant.

Requirements

• Minimum of 4 years of experience in risk analysis, preferably within the insurance industry .
• Strong quantitative and analytical skills, with proficiency in data analysis tools and techniques.
• Excellent understanding of risk management principles, frameworks (e.g., ERM), and regulatory compliance.
• Proven ability to communicate complex risk information clearly to diverse audiences.
• A relevant degree in Finance, Economics, Mathematics, or a related field is required.

Benefits

• A competitive salary package with performance-related bonuses.
• Flexible hybrid working model to balance office and remote work.
• Comprehensive medical aid and retirement fund options.
• Opportunities for professional certifications and continued learning.
• A dynamic work environment that encourages analytical thinking and strategic input.