Assistant Manager Risks

15 hours ago


Chennai, Tamil Nadu, India Galaxy Health Insurance Company Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Role & responsibilities

  • Work closely with various departments of the Company to develop and implement risk management policies, risk register, risk appetite statements, strategies and procedures
  • Analyse the various types of risks that an Insurance Company could face, do risk assessment using tools and other methods and devise risk mitigation measures and minimise threats.
  • Ensure compliance by all units of the Company with the risk management policy and procedures
  • Do risk reporting, communication and conduct training for employees
  • Develop systems and processes to monitor risks in real-time, providing timely reports to senior management
  • Internal Audit and reporting
  • Be able to think strategically to plan and drive an effective ERM
  • Be good in communicating complex risk information to all sections of employees
  • Have good analytical skills to identify and assess potential risks, and plan the right controls
  • Knowledge of IT tools for risk modeling and risk quantification would be preferable.
  • Conduct workshops for functional heads, business unit heads to assist in risk identification, risk prioritisation, impact analysis and so on

Preferred candidate profile

  • Immediate joining is preferred.
  • Relevant 3 - 8 years of Experience in Enterprise Risks Management in Bank / Insurance Co/ NBFC organization or in consulting role

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