Senior Risk Manager - Insurance

Placements24; Randburg; Hybrid; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Competitive salary

Executive bonus

Medical insurance

Retirement savings match

Career development

Job summary

Placements24 is seeking a Senior Risk Manager to oversee risk management for insurance operations in Randburg. The role involves developing ERM frameworks, identifying and mitigating risks, and preparing reports for senior management.

The position is hybrid, requiring collaboration in the Randburg office and focused analysis remotely. The ideal candidate has extensive risk management experience in insurance and strong leadership skills to guide a team of risk analysts.

Qualifications

• Extensive risk management experience, with focus on insurance.
• Knowledge of market, credit, operational, and regulatory risks.
• Proven track record in ERM framework development.
• Strong analytical and strategic thinking.
• Excellent leadership and stakeholder communication.
• Experience in hybrid work environments.

Responsibilities

• Develop and implement ERM frameworks and policies.
• Identify, assess, monitor key risks across units.
• Design risk mitigation strategies and action plans.
• Ensure regulatory compliance with insurance rules.
• Prepare risk reports for senior management and board.
• Lead and mentor risk analysts.

Skills

ERM frameworks

Risk management

Leadership

Stakeholder management

Data analytics

Job description

About the Role

Our client is seeking a strategic and experienced Senior Risk Manager to oversee risk management functions for their insurance operations in Randburg . This critical role involves identifying, assessing, and mitigating a wide range of risks, including market, credit, operational, and regulatory risks. You will develop and implement robust risk management frameworks and strategies to protect the company's assets and ensure long-term financial stability. This position operates within a hybrid work structure, allowing for essential collaboration in the Randburg office while maintaining flexibility for focused analytical work from a remote setting.

Key Responsibilities

• Develop and implement comprehensive enterprise risk management (ERM) frameworks and policies.
• Identify, assess, and monitor key risks across all business units and operations.
• Design and oversee risk mitigation strategies and action plans.
• Ensure compliance with relevant insurance regulations and industry best practices for risk management.
• Prepare risk reports for senior management, the board of directors, and regulatory bodies.
• Lead and mentor a team of risk analysts and specialists.

Requirements

• Extensive experience in risk management , with a significant focus on the insurance sector.
• In-depth knowledge of various risk types (market, credit, operational, compliance) and mitigation techniques.
• Proven ability to develop and implement effective ERM frameworks.
• Strong analytical, quantitative, and strategic thinking skills.
• Excellent leadership, communication, and stakeholder management abilities.
• Experience working in a hybrid environment is essential.

Benefits

• Highly competitive salary and executive-level bonus structure.
• Hybrid work model offering flexibility and work-life integration.
• Top-tier medical, dental, and vision insurance coverage.
• Significant retirement savings plan with generous employer match.
• Opportunities for strategic impact and professional leadership development.