GM - Risk Management - Insurance

Position Summary (Comprehensive summary of what the job exists to accomplish)

- To lead in developing, implementing and managing Operational Risk

- Support for enhancement of value chain management

- Support for developing Risk and Control Library and developing and monitoring of new KRIs

Key Accountabilities (A collection of duties and/or responsibilities assigned)

Risk Approach, Redefinition and reclassification of NFR areas, New Heat-map (aligned to best practices and ISO Standards), Branch Risk Management, Implementation of COSO Framework, Maintain desired NFR Ratings

Skills, Knowledge & Qualifications (Framework required by the position)

- In depth knowledge of life insurance business/ industry

- Exposer to value chain/ supply chain concepts

- Ability to adapt to any kind of environment

- MBA/ PGDBM/ PGDM specializing in Operations Management

- Strong verbal and written communication skills

- Strong analytical skills

- Strong understanding of risks and controls

- Strong Interpersonal skills

- Good understanding of audit techniques

Personal Attributes & Competencies

Team Player with high level of zeal, able to complete assigned tasks independently and without constant supervision

Performance Measures (The quantitative measures of the job's overall responsibility)

- Would be measured on TAT for processing requests & the quality of the same

Progress in development of Risk & Control Library, IRA closures

PERSON PROFILE (for the Ideal candidate)

Age (Min to Max) 30-35

Experience (Min to Max) 8-10 years

Industry Preference (Insurance, Telecom, BFSI)