Chief Manager - Operational Risk Management - Life Insurance

Our Client is a well established Life Insurance Company. Established in 2011, the company is part of India's leading diversified financial services organization.

Role Title (Designation)- Chief Manager

Reporting to VP - Risk Management

Key Responsibilities :

- Oversee & drive the Risk & Control self- assessment implementation across the Organization - Risk Identification, assessment, Residual Risk and periodic review.

- Drive a yearly control self-assessment questionnaire based exercise.

- Ensure all key risks emanating from RCSa are adequately reported to the Senior Management also there is a continuous monitoring in place to monitor these risk areas.

- Oversee & drive the annual control testing exercise across the organization

- Ensure all IFC compliance requirements are covered in the Control Testing Exercise.

- Manage independently all the IFC- External audits.

- Ensure all key observations emanating from control testing which needs senior management attention are reported to the senior management.

Functional Skills Required :

- Excellent understanding of insurance business

- Abreast on all key IRDA regulations

Soft Skills Required :

- Very well versed with Ms-Excel, Word and PPT.

- Working knowledge of SQL, database management would be an advantage.

- Outstanding Communication/Influencing skills.

- Manage multiple stakeholders at Senior levels.