
Risk Management Professional
3 days ago
As a Risk Manager, you will oversee the design, negotiation, placement, and monitoring of risk mitigation programs in line with the company's risk appetite, financial objectives, and regulatory requirements.
You will collaborate closely with stakeholders like brokers and partners to achieve your deliverables.
- Developing and reviewing the retention strategy and risk program as per the risk appetite, financial objectives, and regulatory requirements.
- Evaluating the risk needs and opportunities for the organization, based on an analysis of risk profile, capital position, and market conditions.
- Negotiating and securing optimal pricing, terms, and conditions for risk contracts with reputable and financially sound partners.
- Preparing and reviewing the risk submissions, proposals, and contracts.
- Ensuring compliance of all risk discussions, contracts and submissions with internal and external standards and regulations.
- Leading the risk accounting, reporting, and auditing processes, and ensuring timely and accurate settlement of risk transactions and claims.
- Monitoring the performance of risk programs, and conduct regular reviews and audits to identify gaps, and suggest changes in the program to address gaps and/or save risk costs;
- Establishing and maintaining effective communication with risk brokers, partners, and internal stakeholders, and resolving any disputes or queries; and
- Keeping abreast of the latest trends, developments, and best practices in the risk management industry, and providing insights and recommendations to senior management.
A bachelor's or master's degree in business, finance, actuarial science, or a related field is required.
Required Skills- In-depth knowledge of current risk management principles, practices, and regulations.
- Strong analytical, problem-solving, and decision-making skills, and the ability to evaluate complex and dynamic risk scenarios and risks.
- Excellent negotiation, communication, and interpersonal skills, and the ability to build and maintain positive and productive relationships with internal and external parties.
- High level of integrity, professionalism, and ethical standards, and the ability to comply with relevant laws, regulations, and codes of conduct;
- Strategic, innovative, and results-oriented mindset, and the ability to align risk objectives and activities with the company's vision, mission, and values.
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