Description
Principle Accountabilities:
- Conduct regular risk assessments, reviews and discussions under the ERM framework of the group, which includes identification and detection of potential threats and mitigation measures
- Identify risks that could jeopardies an organization's reputation, safety, security, or financial success of the organization
- Prioritize risks based on their severity by analyzing and evaluating their likelihood and potential impact after identification as hazards.
- Collaborate with other departments within the organization to ensure a coordinated approach to manage risk
- Conduct regular risk assessments, reviews, and discussions within the ERM framework of UA. This includes identifying and detecting potential threats and developing mitigation measures.
- Facilitate divisions for divisional risk assessment, reporting and providing guidance by delivering regular risk analysis reports to the senior management, JKH ERM and the Board
- Manage and prepares all documentation related to risk assessments and reviews of standard operating procedures
- Oversee various sub risk management processes/programs within the company including BCP risk assessment, cyber-security risk, data privacy risk, investment risk, regulatory/compliance risk including AML,
- Conduct and facilitate appropriate risk awareness and training programs to establish a culture of risk awareness
- Ensure compliance with regulatory requirements related to risk management
Qualifications and Experience
- Bachelor’s in finance, Insurance, Risk Management or related field.
- CA/ACCA/CIMA, or professional qualification in Enterprise Risk Management
- 6-8 years of relevant experience preferred in life insurance domain
- Experience in assurance, controls, and/or corporate compliance-related experience, including auditing, risk management or operational roles within various industries
- Strong understanding of insurance policies, underwriting, and claims processes.
- Exceptional analytical and problem-solving skills.
- Excellent communication, negotiation, and presentation abilities
- Knowledge of industry regulations and compliance standards.
- Proficiency in risk assessment software and Microsoft Office suite
Skills
Risk Management
Industry Sector