Chief Risk Officer - Insurance

Chief Risk Officer for a leading Insurance company.

It is a leadership role( Combination of Operational, Enterprise, Finance, ALM & Information Security role). The role reports to the CEO .

- Incumbent will lead all the aspects of Risk & Governance function.

- He/She will be expected to fully understand the business and evaluate, improve, and monitor it, including assisting in reporting to the Board and Board Committees and providing leadership in the effectiveness of credit risk management controls, systems, and processes across the organization.

- Continuously developing, enhancing and embedding the risk framework for managing risks across the institution, ensuring that processes are fit for purpose.

- Partnering effectively with third parties, regulatory bodies and others, as appropriate for risk management and fraud prevention related activities.

- Ensuring the Governance and Risk Frameworks of the organization operates effectively, also ensuring that these frameworks are maintained and updated as approved by the Company Board.

- Champion & facilitate implementation of risk management system across business units in conjunction with internal audit, fraud, compliance officer & business unit management

- Exposure and Trends monitor & analyses risks and risk trends within business environment; monitor the resolution status and effectiveness of risk mitigating actions independently monitor management of all risks aspects within business

- Responsible for ensuring the organization and its Partners implement industry best practices policies, procedures and practices that address physical security, cyber security, data privacy and protection.

- Identify and report key risk metrics to CEO / Board, including early warning indicators

- Participate in the development of risk strategy and its relationship to the risk tolerance

- Lead various risk review and assessment in organization

- Responsible for ensuring the organization and its Partners implement industry best practices policies, procedures and practices that address physical security, cyber security, data privacy and protection.

- Identify and report key risk metrics to CEO / Board, including early warning indicators

- Lead various risk review and assessment in organization