Enterprise Risk Management Professional - Insurance

We are looking for Risk Management professionals for a global client in Mumbai. Applicants having at least 5 years of relevant experience in Enterprise Risk, Operation Risk and Internal Control will be preferred.

Candidates will be responsible for:

- Provide independent review and challenge of the self-assessments through continuous monitoring of policy compliance and conduct reviews of key controls to mitigate the top risks, including identification of control gaps and deficiencies and development of remediation plans

- Clearly and concisely communicate the results of the annual statement of compliance and monitoring to the Risk team, other functions and senior management

- Produce enterprise wide risk reports against risk appetite for senior management, boards, committees, statutory entities, Group and regulators highlighting risks, issues, control failings and identifying areas for management action. Provide meaningful oversight and challenge to Risk reports to ensure consistency, completeness and clarity of message

- Research on key industry and market trends, producing reports assessing risks and opportunities, producing analysis, examining financial data, company strategy and key company, regulatory and industry developments to draw out insights and trends

- Support the Internal Model application and on-going compliance with Solvency II requirements to ensure that there are appropriate governance arrangements in place to support the Internal Model Solvency II compliance with respect to Data quality and documentation standards

- Use of regulatory knowledge, business understanding, and expert judgment, to quickly identify underlying issues and escalate issues, where appropriate.