Manager - Risk Management

Union Assurance PLC
21 days ago
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0 Applied
Expires on: Jan 23 2025
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Ref.No 00004798

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