Senior Risk Analyst - Insurance Portfolios (Remote SA)

Placements24; Paarl; Hybrid; ZAR 900,000 - 1,400,000; Full time

Benefits offered by this job

Remote work flexibility

Health, dental, and vision insurance

Retirement savings plan

Professional development opportunities

Job summary

Placements24 is seeking a Senior Risk Analyst to join a prominent insurer in a fully remote South Africa role. You will assess, monitor, and manage risks across insurance portfolios, developing risk frameworks and monitoring KRIs/KPIs from a remote location.

The role demands strong quantitative analysis, statistical modeling, and data interpretation with collaboration across underwriting, actuarial, claims, and finance to ensure regulatory compliance and robust risk mitigation strategies.

Qualifications

• Bachelor's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• Minimum of 5 years of experience in risk management, preferably within insurance or financial services.
• Strong understanding of insurance principles, products, and regulatory environment.
• Proficiency in quantitative analysis, statistical modeling, and data interpretation.
• Experience with risk management software and tools.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently in a remote setting.
• Certifications such as FRM/PRM or actuarial progress are advantageous.

Responsibilities

• Conduct risk assessments and analyses of insurance products, portfolios, and operations.
• Develop and implement risk management frameworks, policies, and procedures.
• Monitor KRIs and KPIs to identify risks and trends.
• Analyze financial data, market trends, and economic factors affecting portfolios.
• Quantify potential financial impacts and develop mitigation strategies.
• Prepare risk reports and presentations for senior management and committees.
• Collaborate with underwriting, actuarial, claims, and finance to integrate risk practices.
• Ensure compliance with regulatory requirements and best practices.

Skills

Quantitative analysis

Statistical modeling

Data interpretation

Risk management

Risk assessments

Communication skills

Independent remote work

Education

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

Tools

Risk management software

Job description

Placements24 is seeking a Senior Risk Analyst to join a prominent insurer in a fully remote South Africa role. You will assess, monitor, and manage risks across insurance portfolios, developing risk frameworks and monitoring KRIs/KPIs from a remote location.

The role demands strong quantitative analysis, statistical modeling, and data interpretation with collaboration across underwriting, actuarial, claims, and finance to ensure regulatory compliance and robust risk mitigation strategies.