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19/11 Priti Goyal
Founder at Serving Skill

Views:223 Applications:51 Rec. Actions:Recruiter Actions:14

Manager - Financial Risk - Life Insurance (4-7 yrs)

Mumbai Job Code: 1182533

Financial Risk Manager - Life Insurance


- To work closely with CRO and Head - Financial Risk and provide risk inputs to enhance the quality of reporting and to facilitate risk-based decision-making in key committees such as Risk management/ALCO, and IC.

Key Responsibilities :

- To Pro-actively provide oversight of aggregated risk profile, monitor risk exposure against appetite, identify trends, material changes in risk profile and emerging risks.

- To perform financial risk reviews for Market Risk (Equity and Interest Rate), Liquidity risk, Credit risk etc.

- To control Investment Risks by monitoring the portfolio at regular intervals and quantify risks/potential impact on the firm.

- To design management dashboards on performance/risk parameters of investments and exposures/limits etc.

- To develop models used in the domain of ALM, market risk, credit risk, asset risk, and other risk domains

- To perform model validation and analytical processes such as ALM calculations, scenario analysis, stress testing etc. and report the performance of the models/findings to senior management

- Preparing presentation for ALM Committee and Risk Management Committee meetings etc.

Specific Authorities Financial & Non- Financial :

- Authorized to access investment/actuary/finance/corporate planning files and use data for risk monitoring, analysis and reporting.

- HR/ JD/ Ver1.0/1 st Feb 2020

Internal Financial :


Key Performance Indicators

- Pro-active identification of material changes/trends in risk profile.

- Flagging of evolving/emerging risks through periodic analysis and timely market updates.

- Sharpening focus on key risk areas through knowledge sharing and adoption of best practices.

- Ensuring 100% compliance with regulatory guidelines/limits.

- New initiatives & process improvements/model creation/upgradation.

Job Requirements :

Qualifications :


- MBA, Degree in Engineering/Finance/Economics preferred

- CFA/FRM or other investment/risk certifications desired

- Experience 5-10 Years' experience in the life Insurance industry and/or investment/financial risk department preferred.

Functional Competencies :

- MIS and Analytics

- Business Knowledge: Understanding of financial markets and products

- Risk Knowledge: Understanding of financial risk measurement & management, and derivative instruments and their use for creation of hedging strategies.

- Basic Skills: Understanding of Life insurance systems, processes and products

Behavioral Competencies :

- Business Acumen

- Collaboration

- Execution Excellence

Women-friendly workplace:

Maternity and Paternity Benefits

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