Risk Analyst

Job Description

We are looking for a dedicated Risk Analyst to join our Durban office. This role involves evaluating risks, developing mitigation strategies, and providing insights into risk management processes. The ideal candidate will have a background in finance, analytics, or a related field.

Responsibilities

• Evaluate potential financial and operational risks within the insurance sector.
• Draft and implement risk management frameworks and policies.
• Work with data analytics tools to assess risk metrics.
• Conduct periodic audits of risk controls and mitigation efforts.
• Participate in cross-department initiatives to align risk strategies.
• Deliver training sessions on risk management practices.
• Maintain up-to-date knowledge of industry regulations.

Requirements

Education

• Bachelor's degree in Economics, Finance, or a related field
• Postgraduate degree preferred

Experience

• 3+ years of experience in the insurance sector or risk management

Technical Skills

• Regulatory Compliance
• Project Management

Soft Skills

• Attention to Detail
• Conflict Resolution

Certifications

• Associateship in Risk Management

Languages

• English: Fluent

Advantageous

• Familiarity with Basel III Framework: Knowledge of the Basel III regulations and their implications for the insurance sector.
• Proficiency in Python or R for Data Analysis: Experience in programming languages used for data analytics.

Benefits

• Performance-based bonuses
• Flexible working hours
• Access to online training resources
• Paid time off for volunteering

Company Culture

• Professional Growth: We are committed to supporting our employees' professional development through training and mentorship.
• Work-Life Balance: We promote a healthy work-life balance for all our team members.
• Community Engagement: We actively engage with our community and encourage team volunteering initiatives.