Senior Risk Analyst - Insurance

Placements24; Rustenburg; Ibrido; ZAR 1.000.000 - 1.500.000; Tempo pieno

Vantaggi offerti da questo lavoro

Salary + bonus based on performance

Fully remote role

Health insurance

Descrizione del lavoro

Placements24 is seeking a highly analytical Senior Risk Analyst to join our remote insurance operations team. The role supports Rustenburg, North West, and other areas, with a focus on developing sophisticated risk models and advising senior management on risk appetite.

This is a fully remote position offering strong impact across the organization. The ideal candidate has a Master’s or PhD in a quantitative field, 6+ years in risk analysis, and proven ability to communicate complex concepts to

Competenze

• 6+ years of progressive risk analysis experience.
• Experience in insurance or financial services sector.
• Ability to communicate complex technical information clearly.
• Strong data mining and statistical modeling skills.

Mansioni

• Develop, implement, and maintain quantitative risk models for credit, market, and operational risks.
• Analyze complex datasets to identify emerging risks and trends in the portfolio.
• Conduct stress testing and scenario analysis to assess resilience to adverse events.
• Present findings and recommendations to senior leadership.
• Ensure regulatory compliance and support risk appetite development.
• Embed risk management practices across departments.
• Monitor effectiveness of risk mitigation strategies.

Conoscenze

Analytical thinking

Communication

Risk analysis

Formazione

Master's or PhD in Statistics/ Mathematics/ Finance/ Economics

Strumenti

Python

R

SQL

Descrizione del lavoro

About the Role

Our client is seeking a highly analytical and experienced Senior Risk Analyst to join their esteemed insurance operations. This role is crucial for identifying, assessing, and mitigating potential risks across the company's diverse insurance products and services. Based remotely, but supporting operations that include Rustenburg, North West , this position requires a strategic thinker with a strong quantitative background and a deep understanding of risk management principles within the insurance industry. The Senior Risk Analyst will be instrumental in developing and implementing sophisticated risk models, advising senior management on risk appetite, and ensuring regulatory compliance. This is a fantastic opportunity for a seasoned professional to leverage their expertise in a challenging and rewarding remote role that impacts the entire organization.

Key Responsibilities

• Develop, implement, and maintain quantitative risk models for credit, market, and operational risks.
• Analyze complex datasets to identify emerging risks and trends affecting the insurance portfolio.
• Conduct stress testing and scenario analysis to evaluate the company's resilience to adverse events.
• Collaborate with various departments to embed risk management practices throughout the organization.
• Prepare detailed risk reports and present findings and recommendations to senior leadership.
• Ensure compliance with relevant regulatory frameworks and industry standards.
• Contribute to the development of the company's risk appetite statement and risk management policies.
• Monitor and assess the effectiveness of risk mitigation strategies.
• Provide expert advice on risk-related matters to business units.
• Stay abreast of the latest developments in risk management techniques and technologies.

Requirements

• Master's degree or PhD in a quantitative field such as Statistics, Mathematics, Finance, Economics, or a related discipline.
• A minimum of 6 years of progressive experience in risk analysis, preferably within the insurance or financial services sector.
• Strong expertise in statistical modeling, data mining, and risk assessment methodologies.
• Proficiency in programming languages such as Python, R, or SQL for data analysis and modeling.
• Excellent understanding of insurance products, markets, and regulatory environments.
• Demonstrated ability to communicate complex technical information to non-technical audiences.
• Proven experience in developing and presenting comprehensive risk reports.
• Strong analytical and problem-solving skills.
• Experience with risk management software and tools.
• Ability to work independently and manage multiple projects in a remote setting.

Benefits

• This role offers a highly competitive salary and performance-based bonus structure.
• As a fully remote position, it provides significant flexibility and work-life balance.
• Benefits include a comprehensive health insurance plan, retirement savings contributions, and generous paid time off.
• Our client is committed to fostering a culture of continuous learning and offers excellent opportunities for professional development and advanced training.
• You will be part of a collaborative and innovative team, working on impactful projects from the comfort of your home office, while still supporting critical business functions that include operations in areas like Rustenburg .