Senior Risk Manager, ERM & Insurance — Remote

Placements24; Stellenbosch; Hybrid; ZAR 1,200,000 - 2,000,000; Full time

Benefits offered by this job

Highly competitive executive-level pay

Fully remote work arrangement

Health, dental, and vision insurance

Retirement savings plan contributions

Professional development opportunities

Chance to shape risk strategy

Collaborative remote work environment

Job summary

Placements24 is seeking a Senior Risk Manager for a fully remote role in the insurance sector, with Stellenbosch region experience considered advantageous. You will develop, implement, and oversee enterprise risk management across the company’s insurance operations, collaborating with global teams to embed a strong risk culture.

The ideal candidate has 7+ years in risk management, ERM expertise (COSO, Solvency II), and leadership skills to drive risk programs, reporting to executives and the

Qualifications

• Master's degree in Finance, Economics, Risk Management, Business Administration, or a related field.
• Professional certifications such as CRM, FRM, PRM, or equivalent are highly desirable.
• A minimum of 7 years of progressive experience in risk management, with a significant focus on the insurance industry.
• In-depth knowledge of ERM principles, frameworks (e.g., COSO), and regulatory requirements (e.g., Solvency II, local insurance acts).
• Strong analytical, strategic thinking, and problem-solving skills.
• Excellent leadership, communication, and stakeholder management abilities, particularly in the remote setting.
• Demonstrated ability to work independently and drive initiatives in a fully remote environment.
• Experience within the Stellenbosch region or with companies operating there is an advantage but not required due to the remote nature.

Responsibilities

• Develop and maintain the company's Enterprise Risk Management (ERM) framework, policies, and procedures.
• Identify, assess, and prioritize key risks facing the organization, including operational, financial, strategic, compliance, and reputational risks.
• Design and implement risk mitigation strategies and action plans in collaboration with business units.
• Develop and manage risk appetite statements and key risk indicators (KRIs).
• Conduct regular risk assessments, control testing, and audits across various departments.
• Prepare comprehensive risk reports for executive management, the board of directors, and relevant committees.
• Ensure compliance with all relevant insurance regulations and industry standards related to risk management.
• Lead and mentor a team of risk professionals (if applicable), fostering a culture of risk awareness.
• Monitor emerging risks and industry trends, providing proactive advice and recommendations.
• Investigate significant risk events and incidents, recommending corrective actions to prevent recurrence.
• Oversee business continuity and disaster recovery planning from a risk perspective.

Skills

ERM principles

COSO framework

Solvency II

Risk modeling

Leadership

Stakeholder management

Remote work

Education

Master's degree in Finance/Economics/Risk Management/Business Administration

Tools

Risk management software

Risk modeling tools

Job description

Placements24 is seeking a Senior Risk Manager for a fully remote role in the insurance sector, with Stellenbosch region experience considered advantageous. You will develop, implement, and oversee enterprise risk management across the company’s insurance operations, collaborating with global teams to embed a strong risk culture.

The ideal candidate has 7+ years in risk management, ERM expertise (COSO, Solvency II), and leadership skills to drive risk programs, reporting to executives and the