Job Title: Senior Executive – Risk

Function: Enterprise Risk Management (ERM)

Job
Description:

To support
the operationalization of risk management practices across the organization by
driving Key Risk Indicators (KRI) monitoring, strengthening risk culture, and
executing risk audits/reviews, ensuring proactive identification and mitigation
of risks.

Key
Responsibilities

1. Key Risk
Indicators (KRI) Management

- Support design, tracking,
and reporting of KRIs across functions

- Monitor thresholds, trigger
alerts, and escalate breaches

- Coordinate with stakeholders
to ensure timely KRI data submission

- Analyze trends and provide
actionable insights for risk mitigation

- Drive the action oriented outcome
for critical breaches indicators and ensure timely closure.

2. Risk
Culture & Awareness

- Drive risk awareness
initiatives across business units

- Support rollout of risk
training, communication, and campaigns

- Promote ownership of risk at
functional levels

- Assist in embedding risk
practices into day -to -day operations

3. Risk
Audits / Reviews

- Conduct periodic risk
reviews and control assessments

- Support internal risk audits
and thematic reviews

- Identify control gaps and
track closure of action plans

- Maintain documentation and
evidence for audit readiness

4.
Governance & Reporting

- Prepare for periodic risk dashboards and reports

- Track action items arising




from risk reviews and audits

- Support regulatory /
internal reporting requirements

- Ensure adherence to risk
frameworks and policies

- Liaise with internal teams
(Underwriting, Claims, Finance, IT) for risk -related queries.

Success
Metrics (Combined)

- Timely and accurate KRI
reporting with actionable insights

- Increased risk awareness and
participation across teams

- Closure of audit findings
within defined timelines

- Improved control
effectiveness and reduction in repeat issues

Requirements

Key Skills
& Competencies

- Strong analytical and
coordination skills

- Attention to detail and
structured thinking

- Stakeholder management and
follow -through ability

- Valuable communication and
presentation skills

- Basic understanding of risk
frameworks and controls

Qualifications
& Experience

- Graduate/Postgraduate in
Finance, Risk, Business, or related field

- 2–5 years of experience in
Risk / Audit / Compliance

- Exposure to KRI frameworks,
audits, or risk programs preferred

- Proficiency in MS Excel,
PowerPoint, and risk reporting tools.

- Knowledge of IRDAI
regulations and insurance operations.

Behavioral
Attributes

- Proactive and
ownership -driven

- High integrity and
accountability

- Ability to work across teams
and manage multiple priorities

- Assist in risk awareness
programs and training sessions.