Senior Risk Manager (Remote)

Placements24; Klerksdorp; Hybrid; ZAR 1,000,000 - 1,800,000; Full time

Benefits offered by this job

Medical and dental coverage

Retirement savings plan

Remote work

Flexible schedule

Professional development

Job summary

Placements24 is seeking a Senior Risk Manager for a remote-first role within a leading insurance firm in South Africa. You will develop and implement robust risk management frameworks to identify, assess, and mitigate operational, financial, strategic, and compliance risks from a remote location.

The ideal candidate has 7+ years in risk management, strong regulatory knowledge (Solvency II, Basel), and proven leadership. FRM/PRM/CRM certifications are desirable.

Qualifications

• Master's degree required in finance, economics, business, or related field (SA equivalent).
• 7+ years of progressive risk management experience in financial services/insurance preferred.
• Strong knowledge of risk assessment, controls, and mitigation techniques.

Responsibilities

• Develop, implement, and maintain comprehensive risk management frameworks.
• Identify, assess, and prioritize risks across the organization.
• Lead risk mitigation plans and monitor control effectiveness.
• Provide risk reporting to senior management and the board.
• Mentor and lead a team of risk professionals.
• Ensure regulatory compliance with Solvency II, Basel, and related standards.

Skills

Risk management

Leadership

Regulatory knowledge

Data analysis

Education

Master's degree in Finance, Economics, Business Administration, or related field

Tools

Risk management software

Job description

About the Role

Our client, a prominent and innovative insurance firm, is seeking an experienced and strategic Senior Risk Manager to join their organization in a fully remote capacity. This role is crucial for identifying, assessing, and mitigating a broad spectrum of risks across the company, including operational, financial, strategic, and compliance risks. You will be responsible for developing and implementing robust risk management frameworks, policies, and procedures to safeguard the company's assets and reputation. This is an exceptional opportunity for a seasoned risk professional to lead initiatives and shape the risk landscape of a leading insurance provider, offering the flexibility and autonomy of a remote-first work environment across South Africa.

Key Responsibilities

• Develop, implement, and maintain comprehensive risk management frameworks and strategies.
• Identify, assess, and prioritize potential risks across all business units and operations.
• Design and execute risk mitigation plans and control measures.
• Monitor the effectiveness of risk management controls and report on risk exposures to senior management and the board.
• Conduct regular risk assessments, audits, and reviews.
• Develop and deliver risk management training programs to employees at all levels.
• Ensure compliance with relevant regulatory requirements and industry best practices.
• Analyze risk data and trends to identify emerging risks and opportunities.
• Lead and mentor a team of risk professionals.
• Collaborate with internal and external stakeholders to foster a strong risk-aware culture.

Requirements

• Master's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 7 years of progressive experience in risk management, preferably within the financial services or insurance sector.
• Proven track record of developing and implementing successful risk management frameworks.
• In-depth knowledge of risk assessment methodologies, control design, and risk mitigation techniques.
• Strong understanding of regulatory requirements (e.g., Solvency II, Basel Accords) relevant to the insurance industry.
• Excellent analytical, problem-solving, and decision-making skills.
• Exceptional leadership, communication, and interpersonal skills.
• Proficiency in risk management software and tools.
• Ability to work independently and lead teams effectively in a remote setting.
• Professional certifications such as FRM, PRM, or CRM are highly desirable.

Benefits

This fully remote position offers an attractive salary package, comprehensive medical and dental coverage, and a robust retirement savings plan. Employees benefit from a flexible work schedule and the opportunity to work from home, promoting an excellent work-life balance. Our client is committed to professional development, offering support for certifications, training programs, and conferences. You will join a dedicated and forward-thinking team, contributing to the strategic direction of the company from anywhere in South Africa.