Risk Management Officer

Job description / Role

Industry: Insurance
Department: Risk Management & Actuarial
Reports to: Risk Management & Actuarial Head

Purpose:
• Help the company achieve its business objectives by promoting the adoption of efficient and effective risk management.
• Acts as a liaison officer with the Group Risk Services concerning risk management practices being adopted across the group and within the company.

Functions & Duties:
• Assist the Head of Actuarial & Risk to establish and communicate the organisation’s ERM objectives and direction, risk appetite, risk limits and risk management policies.
• Maintain and develop documentation relating to Risk Management systems of governance.
• Quarterly production of internal ERM newsletter.
• Risk Committee preparation including notes, minutes and maintaining the required documentation.
• Maintain internal Risk Registers including preparation and delivery of Risk Register workshops and review sessions.
• Preparation and planning of rating agency submissions and presentations.
• Liaise with the rating agencies and consultants for rating and risk assessment.
• Act as a day to day contact on matters relating to Risk Management, Compliance and Business Continuity Management activities.
• Monitor and explain the rating agency capital calculations.
• Responsible for implementation and training of users in Risk Management software.

Requirements

• Bachelors of Science related to either Business, Actuarial, Statistic, Finance or Risk Management.
• Minimum of 3 to 5 years of relevant experience
• Strong Actuarial/Statistical background
• Background in Data Mining, Refinement and Analytics
• Knowledge of market dynamics and industry trends.
• Strong Command in English Language, Arabic is a plus.

Omani Nationals are encouraged to apply.

About the Company

Human Capital House was set up in the year 2013 with a vision to be a progressive talent acquisition partner for organizations within the local and regional market in the Middle East.

As international markets get ever demanding, corporations globally are presented with the challenges of attracting the right talent. Human capital retention and recruitment remain a critical factor to the success of any company. Strategic decision to recruit the right talent is a key issue to organization as wrong candidate selection can potentially be disastrous to their efficiency.

The critical aspect of choosing the right individual with the apt experience and knowledge becomes more crucial as he/she would need to share the ambitions of the employer, while fitting in to the new culture. Human Capital House has both the experience and expertise to help its clients make the right choice of selection. From understanding client requirements, through identifying and assessing the candidates, our systematic approach strives to ensure successful executive recruitment.