Lead - Financial Risk - Life Insurance

Role & Responsibilities:

- To develop financial risk management framework/strategy as per company's business objectives and risk appetite.

- To develop/improve/update financial risk appetite/policies/ tolerances as per changing business/market dynamics.

- To work collaboratively with senior management team and credibly challenge strategies/policies based on independent risk assessments/inputs to facilitate risk-based decision making.

- To conduct research/statistical analysis to assess the frequency and severity of risk events through stress testing, sensitivity analysis etc.

- To develop, calibrate, and run high-quality risk models for quantification and assessment of risk.

- To proactively identify material changes in risk profile and emerging risks.

- To perform financial risk reviews for Market and Credit risk.

- To ensure ALM risk management - liquidity risk and interest rate risk.

- To use sound understanding of derivative instruments for creation of hedging strategies.

- To monitor/analyse key financial matrices and assess the potential impact of changes in them on the financial strength of the company.

- To develop and document the risk methodology and policies/procedures.

- To ensure continuous improvement in risk management framework and monitoring tools.

Qualifications :

- Masters, Degree in Engineering/Economics preferred.

- CFA/FRM or other investment/risk certification required.

Experience 5-7 years of experience in the life Insurance industry preferred, especially practical working knowledge of ALM and working in investment/risk department.