Risk Analyst

Our client is seeking a proactive Operational Risk Analyst to join their Risk Management Department. This is a critical role focused on maintaining a resilient operational environment by identifying, assessing, and reporting on key operational risks.

Responsibilities:

• Risk Identification & Assessment: Review and assess inherent risks within new and existing processes and systems. You will identify risk exposures and recommend appropriate mitigation measures.
• Incident Management: Record all incidents of risk reported from operational areas, prepare periodic and ad hoc incident reports, and analyze the causes to recommend appropriate control measures.
• Strategic Support: Provide technical support to the Underwriting, Claims, and Reinsurance departments in assessing and managing risks associated with the services they render.
• Reporting & Monitoring: Prepare periodic operational risk reports and monitor developments in the environment to identify potential risk exposures.
• Culture & Training: Help strengthen our risk culture by undertaking sensitization and training for staff on operational risk control.

Qualification:

• A minimum qualification in Actuarial Analyst, Business Administration, or Commerce.
• Possession of relevant Risk Management Certification is an advantage.

Knowledge Base:

• Good knowledge of the insurance industry, principles of risk management, and the principles, theory, and practice of insurance.

Experience:

• Prior experience in risk management, audit, or underwriting is desirable.

Key Skills & Attributes:

• Analytical: Strong hands-on skills in risk assessment and management, along with excellent analytical and problem-solving skills.
• Communication: Good communication and listening skills, coupled with strong report writing skills.
• Personal Attributes: High level of integrity and professionalism , confidentiality , and a result-oriented commitment to quality and thoroughness.