Published on July 4, 2025. Modified on July 17, 2025.
About the job :
- 12+ Years experience in handling Risk function for General Insurance Company
- ISO 22301 and ISO 31000 - Preferred
- Overall oversight of ERM function
- Develop and maintain Enterprise wide Risk Management Governance Framework and Operational Risks
- Responsible for Board related risk presentations and closing all the ATRs
- Responsible for leading activities for Crisis Management Group and Information Security Risk Management Committee
- Responsible for anchoring entire RCSA cycle of activities i.e.
initiation, risk identification, control testing, and final sign from functional head
- Building and maintaining Operational Loss database
- Follow-up with the relevant stake-holders for identification of root cause and implementation of the controls/carrying out the rectifications
- Identification and monitoring of key risk indicators
- Risk monitoring through various MIS, dashboards and Key Risk Indicators (KRIs)
- Development of pro-active risk alerts based on historical data analytics that can act as leading indicator for key strategic risks
- Leading activities for automating ERM activities
- Facilitate in enhancing Risk Culture in Magma including imparting trainings
- Leading theme based reviews / special projects, in order to identify process lapses and build strong control
- Leading Data Leakage Prevention activities and facilitate automation
- Leading Data Leakage Prevention activities and facilitate automation
- Leading business continuity related activities
- Leading team on various assignments
- Team building abilities
Competency :
- Ability to engage with senior leadership in all aspects of Risk
- Creative, out-of-the-box thinking, always keep an eye on the future
- Strategic and analytical thinking
- Technically sound on COSO framework for risk management, Business Continuity aspects
- Strong communication, interpersonal & networking skills
- Excellent Problem solving and decision-making skills, take responsibility & establish success criteria
- Good Technical Knowledge on General Insurance
- Excellent working on Excel, Word & Power Point
- Team Management skills
