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As the Group Business Risk Manager, you will be responsible for managing, monitoring, and reporting on risk management across the organization. You will manage a team and facilitate a strong risk management culture. Your reporting responsibilities will include providing risk updates and insights to executive committees and the board.

1. Maintain the risk management framework, structure, and standards.
2. Conduct an annual review of risk governance policies and processes, including the Management Action Policy in accordance with GOI standards.
3. Stay updated on new risk measurement techniques and models.
4. Provide oversight on risk models and methodologies.
5. Perform monitoring on key risk indicators, management actions, and risk strategies.
6. Ensure each relevant area has a Risk Champion overseeing risk management.
7. Ensure Risk Appetite is set for approval by the Board and Exco, and monitor the Risk Profile.
8. Ensure each area manages its risks within the agreed appetite.
9. Present RMA’s overall Risk Register and Profile to EXCO and ARC.
10. Implement a holistic Risk program including assessment, action plan creation, and remediation.
11. Prepare SAM reports and coordinate ORSA reporting and preparation.
12. Benchmark risk processes against local and international best practices.
13. Conduct risk-related workshops.
14. Coordinate, prepare, and report on the Group’s combined assurance.
15. Maintain relationships with Audit, Risk, and Actuarial Committees, Exco, and Management Teams.
16. Build a strong risk management culture across the organization.

1. Manage, supervise, and train staff.
2. Lead and motivate the team to achieve targets.
3. Develop annual KPAs for staff.
4. Ensure effective performance management.
5. Lead and mentor staff to foster motivation, ownership, and development.
6. Encourage staff to develop skills beyond their comfort zones.
7. Resolve issues that hinder effective team working, especially during change.
8. Coach and encourage ownership of development among team members.

• NQF Level 7: Bachelor’s degree in Risk Management, Finance, Actuarial Science, or related field.
• Membership with IRMSA (advantage).
• Professional certification in risk management (advantage).
• Minimum 5 years managerial experience in an insurance environment, including risk management exposure.
• Knowledge of the Insurance Act (short and long term).
• Experience reporting to executive and board committees.
• Knowledge of risk management frameworks, COSO, and ISO 31000.

We offer opportunities for personal and professional development in a stable company with a 130-year history. The role includes a competitive salary and benefits, flexible work arrangements, and a collaborative team environment.

The shortlisting process begins after the application deadline. The process duration depends on the number of candidates and manager availability. If you do not hear within 21 days, please consider your application unsuccessful.

In line with Rand Mutual Assurance’s employment equity plan, preference may be given to candidates from under-represented groups, but all qualified candidates are encouraged to apply.