Risk Manager - Financial Services Industry (5-8 yrs)

- We are seeking an experienced and proactive Risk Manager to join our team at [Company Name], a leading player in the insurance industry. The Risk Manager will play a critical role in identifying, assessing, and managing risks, collaborating with the business team to align risk strategies with the company's long-term goals.

- In this role, you will be responsible for overseeing risk management functions across the organization, ensuring compliance with IRDAI regulations, and implementing strategies that balance risk with reward. If you have a strong background in risk management, regulatory knowledge, and a keen eye for detail, we would love to hear from you!

Key Responsibilities:

- Collaborate with Business Teams: Work closely with business leaders to ensure risks are identified, analyzed, and considered during the strategic planning and decision-making process. Proactively manage risk/reward trade-offs.

- Conduct Risk Assessments: Analyze and assess risks by collecting and evaluating documentation, statistics, market trends, and reports to identify potential risks to the organization.

- Establish Policies & Procedures: Develop and implement policies and procedures that address risks within the organization's services and departments. Ensure these processes align with industry best practices.

- Review & Improve Risk Management Protocols: Regularly assess existing risk management policies and protocols, making recommendations for improvements and ensuring continuous adaptation to changing business needs.

- Recommend & Implement Solutions: Propose and implement appropriate risk management solutions, including insurance, safety and security measures, business continuity plans, and recovery strategies.

- Regulatory Compliance: Ensure all risk management processes comply with IRDAI regulations, insurance industry standards, and internal governance protocols.

- Continuous Monitoring: Monitor and review risk management activities to ensure they remain effective in identifying emerging risks and opportunities.

Key Qualifications:

- Experience: 5-8 years of experience in Risk Management within the insurance or related financial services industry.

- Education: Relevant qualifications in Risk Management or related fields. Certifications like FRM (Financial Risk Manager), PRM (Professional Risk Manager), or ARM (Associate in Risk Management) will be a plus.

- Regulatory Knowledge: Strong understanding of IRDAI regulations and industry-specific standards governing risk management in insurance.

Skills:

- In-depth knowledge of risk management policies, procedures, and best practices.

- Analytical and critical thinking skills with the ability to evaluate data, trends, and reports.

- Strong mathematical, problem-solving, and analytical abilities.

- Excellent verbal and written communication skills.

- Exceptional organizational skills and attention to detail.

- Ability to develop and implement policies that drive risk management initiatives across departments.

Why Join Us?

- Work in a fast-paced and dynamic environment at the forefront of the insurance industry.

- Opportunity to collaborate with cross-functional teams and contribute to the company's strategic vision.

- Competitive salary and benefits package. Ongoing professional development and opportunities for growth in risk management.