19 Aug
|
placements
|
India
About the Role Our client is seeking a seasoned and strategic Insurance Risk Manager to join their established team in Coimbatore, Tamil Nadu . This critical role involves identifying, assessing, and mitigating potential risks across the organization's insurance operations. The ideal candidate will possess a deep understanding of risk management frameworks, regulatory compliance, and insurance underwriting principles.
You will play a key role in developing and implementing strategies to protect the company's assets and financial stability. This is an excellent opportunity to contribute to the long-term success of a leading insurance provider in a demanding, office-based environment.
Key Responsibilities Develop, implement, and maintain comprehensive risk management strategies and policies for the organization. Identify and assess potential risks related to underwriting, claims, operations, and financial activities. Analyze the likelihood and impact of identified risks and develop appropriate mitigation plans.
Monitor key risk indicators (KRIs) and key performance indicators (KPIs) to track risk exposure. Ensure compliance with all relevant insurance regulations, laws, and industry best practices. Collaborate with internal departments, including legal, finance, and operations, to embed risk management principles.
Conduct regular risk assessments and audits of business processes and systems. Develop and deliver risk management training programs for employees. Manage the company's insurance programs and ensure adequate coverage.
Report on the organization's risk profile and mitigation efforts to senior management and the board.
Requirements Master's degree in Finance, Risk Management,
Business Administration, or a related field. Minimum of 6 years of experience in risk management, preferably within the insurance industry. Strong knowledge of insurance operations, including underwriting, claims, and product development.
Familiarity with various risk management frameworks and methodologies (e.g., COSO). Excellent analytical, problem-solving, and decision-making skills. Proficiency in risk assessment tools and techniques.
Strong understanding of regulatory requirements in the insurance sector. Excellent communication, presentation, and interpersonal skills. Ability to work effectively in a team and manage multiple projects simultaneously.
Must be able to work full-time in our Coimbatore, Tamil Nadu office.
Benefits Our client offers a competitive salary, comprehensive health and life insurance coverage, and performance-based bonuses. This role includes generous paid time off and opportunities for professional development, including certifications and attendance at industry conferences. Employees will work in a professional and collaborative environment located in Coimbatore, Tamil Nadu .
The company is committed to fostering a culture of continuous improvement and employee well-being. This No work from home position emphasizes team synergy and direct oversight. Career advancement opportunities within a growing organization are significant.
Join a team dedicated to safeguarding the company's future. . experiance: 72 skill: Risk Management, Insurance Operations, Regulatory Compliance, Underwriting, Claims Management, Risk Assessment, Audit, Training Programs, Financial Activities, Insurance Programs Management industry: BFSI
📌 Insurance Risk Manager (India)
🏢 placements
📍 India