Risk Management Associate (Mumbai)

Risk Management Associate (Mumbai)

02 Aug
|
Prudential HCL Health Insurance
|
Mumbai

02 Aug

Prudential HCL Health Insurance

Mumbai

Key Responsibilities

Risk & Control Self-Assessment (RCSA)

- Coordinate periodic Risk and Control Self-Assessments across business and support functions.
- Track closure of control gaps and remediation actions.
- Maintain centralized ORM documentation and evidence repository.

Operational Incident & Loss Management

- Support implementation and administration of operational incident reporting processes.
- Perform root cause analysis on operational risk events and near misses.
- Maintain operational loss databases and trend analysis.

Key Risk Indicator (KRI) Monitoring

- Collect, validate and analyze KRI data from various functions.
- Prepare risk dashboards and management reports.
- Escalate emerging risk trends and breaches against approved thresholds.

Business Continuity & Operational Resilience

- Support Business Continuity Management (BCM) activities.
- Maintain BCM documentation,



testing schedules and action trackers.

Third Party Risk Management

- Participate in risk assessments of critical outsourcing arrangements and service providers.
- Track risk mitigation actions arising from vendor assessments.

Financial Risk Management & Investment Mid-Office

Investment Compliance Monitoring

- Monitor compliance of investment activities against:

- IRDAI Investment Regulations
- Board-approved Investment Policy

- Internal investment limits

Investment Limit Monitoring

- Track investment exposure limits and thresholds.
- Identify, investigate and escalate investment breaches or exceptions.
- Maintain investment compliance reporting and evidence.

📌 Risk Management Associate (Mumbai)
🏢 Prudential HCL Health Insurance
📍 Mumbai

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