Senior Manager/Chief Manager - Risk Policies & Standards - Insurance Firm

Role: Senior Manager/Chief Manager - Risk Policies and Standards

Location: Mumbai

Responsibilities :

- Develop Policies & procedures on Risk Management keeping in mind adoption of regulations, standards & best practices, and Risk Management policies from the industry.

- Work on developing limits and standards for various risk policies such as ALM Policy, Liquidity Risk Policy, Operational Risk Policy etc,

- Drive adoption of policies in various business units,

- Consolidate & integrate key risk reports, monitor limits as set out in policies and raise exception reports,

- Ensure periodic review of policies by coordinating with relevant stakeholders,

- Ensure Risk reporting MIS & data integrity,

- Involve in Risk communication & change management programs

- Undertake Risk benchmarking & knowledge management

Desired experience :

- The candidate should have minimum 5 years of experience in working in Risk Management Department in a Life Insurance company and should be familiar with Market Risk, Operational Risk and Insurance Risk. -Candidate should be familiar with various regulatory requirements in the areas of Risk Management, Compliance, Underwriting etc.

Qualification : Should be a graduate and professionally qualified like CA, CMA, CS, MBA etc. Qualification like PRMIA, FRM will be given additional advantage.