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Analyst-Risk & Insurance

2 months ago


Hyderabad, India Dr Reddy's Laboratories Limited Full time
Job Description

Analyst – Risk and Insurance will carry out risk identification, monitoring, periodic risk assessment and drive on risk mitigation plans. Oversight over Insurance accounting. 

Key responsibilities include:

Enterprise Risk Management:

  • Carry out risk assessments for assigned business units / processes
  • Monitor Key Risk Indicators of identified risks and highlight key changes.
  • Monitor ongoing mitigation plans along with BU SMEs and update the progress.
  • Perform periodic checks on mitigations and their status.
  • Help prepare periodic management reports
  • Identify early warning indicators
  • Maintain loss repository and other external alerts & analyze the risk exposure of the group.
  • Secondary research to identify customer risks, macroeconomic, geopolitical risks.
  • Compare peer information and update risk related information on an ongoing basis in order to periodically update internal stakeholders.
  • Prepare risk disclosures for annual filings such as 20F, Annual report, DJSI.

Insurance controlling / accounting oversight:

  • Review accurate accounting of all Insurance policies and ensure proper allocation of insurance costs.
  • Budgeting activities for all the Insurance policies and support for BUs for Insurance allocations Budget.

Qualifications

Qualifications and education:

  • CA / CMA / CWA / BTech
  • 2 to 5 years of experience

Skills and Attributes:

  • Understanding of Risk Management frameworks.
  • Proven analytical skills required to organize and analyze multiple, complex data sets as well as strong interpersonal and organizational skills.
  • Ability to work independently as well as collaboratively in a fast-paced, high-energy organization.