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03/12 Priti Goyal
Founder at Serving Skill

Views:1277 Applications:209 Rec. Actions:Recruiter Actions:4

Manager/Chief Manager - Risk Management - Life Insurance (3-7 yrs)

Mumbai Job Code: 1345354

To ensure compliance of risk management policies within the organization and perform risk management activities for effective implementation of operational risk framework

KEY RESPONSIBILITIES :

Responsibilities :

- Timely reporting of exceptions/incidents and conduct root cause analysis along with mitigation plan

- Risk analysis and Self- assessment program through implementation of robust Risk management framework to ensure

- Identification of Risk

- Assessment of risk

- Mitigation strategy

- Contribute towards creating Risk management culture in the organization

- To execute and do analytical quality review at portfolio level, channel level, new Product, and distributor level analysis

- To conduct risk assessment projects and mitigation by assessing and review of risk registers, risk triggers, portfolio analysis, internal/external audit reports.

- Conducts training programs with relevant stakeholders on various Risk management processes

- Review of Risk Management policies/SOP on defined intervals

- Deliver Ad-Hoc Risk management projects as per defined timelines

- Ensure timely reporting to Risk Management committee and preparation of RMC deck

- Monthly Governance with all stakeholders on Open risk points and action plan

- To implement the ERM Guidelines as per COSO Standards

Specific Authorities :

(Financial & Non-Financial) Not Applicable

Key Performance Indicators :

- Reporting of exception event, RCA & Closure for exception reported - 100% HR/ JD/ Ver1.0/1 st Feb 2020

Internal :

- Control Testing/Thematic Review as per reviews assigned for the year - 100%

- Business Quality & KRI Monitoring - Quarterly/Monthly - 100%

JOB REQUIREMENTS :

- Qualifications Preferred MBA / Engineering Background / CA

- Certifications: FRM / PRM / IIRM / IRM

- Experience 3-5 Years of relevant experience: Manager Level

- 5-7 Years of relevant experience: Chief Manager Level

- Base skill Understanding of Life Insurance Systems, Process, and Product.

Functional Competencies :

- Risk Prevention & Detection: Risk analysis and control assessment

- Regulatory knowledge

- Risk Management: Certified Risk Professional (IRM, Risk Auditor, GARP- FRM, ISACA etc.)

Analytical skills

Behavioral Competencies :

- Execution Excellence

- Collaboration

- Growth through differentiation

- Technical Competencies Data Visualization Tools such as Power BI

KEY INTERACTIONS :

- Internal Nature or purpose of interaction

- Business units Discussion with various stakeholders for risk management procedures

- Operations Ensure execution of risk management activities in liaison with stakeholders

- External Nature or purpose of interaction

- External agencies/vendors Ensure compliance for the services taken

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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