Risk Manager

Position OverviewWe are seeking an experienced and analytical Risk Manager to join our Enterprise Risk Management team. In this role, you will be responsible for identifying, evaluating, assessing, and mitigating risks across our underwriting, claims, investment, and operational activities.As a key contributor to our risk strategy, you will work closely with executive leadership and department heads to maintain a robust risk framework, ensure regulatory compliance, and foster a risk-aware culture across the organization.Key ResponsibilitiesRisk Identification & AssessmentDevelop, implement, and maintain the company’s Enterprise Risk Management (ERM) framework and risk appetite statements.Conduct regular risk assessments across all business lines (Property & Casualty, Life & Health, Reinsurance, etc.).Evaluate underwriting guidelines, claims exposures, concentration risks, and investment portfolio risks.Risk Governance & ComplianceOversee compliance with insurance-specific regulatory standards, risk governance guidelines, and capital requirements (e.g., ORSA, Solvency II).Lead the preparation of executive-level risk reports and presentations for the Board of Directors, Risk Committee, and regulatory bodies.Maintain and update the corporate Risk Register, tracking key risk indicators (KRIs) and mitigation plans.Scenario Analysis & Stress TestingCollaborate with actuarial and finance teams to design and execute stress testing, scenario analysis, and loss modeling for emerging risks (e.g., climate, cyber, macroeconomic shifts).Monitor market trends, catastrophe risk exposures, and reinsurance coverage adequacy.Operational & Strategic SupportProvide risk advice and oversight for new insurance products, strategic partnerships, and major technology implementations.Conduct Root Cause Analysis (RCA) for operational risk events and control failures, recommending corrective actions.Promote a culture of risk awareness by providing training and support to business units.Qualifications & RequirementsEducation: Bachelor’s degree in Risk Management, Actuarial Science, Finance, Business Administration, or a related quantitative field. Master’s degree preferred.Experience: 5–8+ years of progressive experience in risk management, actuarial science, or financial risk analysis within the insurance or banking industry.

Technical Skills

Deep understanding of insurance balance sheets, underwriting risks, reserving, and investment risk.Proficiency in risk modeling, data analysis tools (Excel, SQL, Python/R), and ERM software platforms.Key CompetenciesAnalytical Thinking: Ability to synthesize complex data into actionable risk insights.Communication: Exceptional verbal and written communication skills to explain technical risk concepts to non-technical stakeholders.Collaboration: Strong interpersonal skills to build relationships across department silos.Strategic Vision: Ability to align risk management activities with business strategy and growth targets.