Risk Officer

  • Posted: 16/05/2024
  • Salary: -
  • Location: luxembourg, Luxembourg
  • Job Type: Permanent/Fixed Term

Join a Leading Swiss Insurance Company as a Risk Officer

We're seeking a Risk Officer to assist in translating the risk appetite and policies of the company into the daily business operations. Under the guidance of the Risk Manager, you'll ensure the effective operation of the risk management system, executing risk and governance programs while maintaining a comprehensive view of the company's risk profile.

Key Responsibilities:

  • Risk Reporting: Develop and maintain annual ORSA Report and other risk reports (SFCR, RSR, QRTs) for Life and Non-Life entities.

  • Committee Support: Aid in preparing ALCO – RICO agendas, gather supporting documents, and draft minutes for the Asset Liability Committee / Risk Committee.

  • KRI Design: Assist in designing and monitoring key risk indicators (KRIs).

  • Risk Framework Application: Support first-line risk owners in consistently applying the Risk Management Framework across all material risks.

  • Analysis and Reviews: Conduct ad-hoc analyses and quality reviews to enhance risk management processes.

  • Policy Development: Maintain and develop policies based on the applicable governance framework.

Experience Requirements:

  • Education: Master’s degree in Actuarial, Risk Management, Finance, or equivalent field.

  • Experience: 4-5 years in a similar role, preferably within the insurance sector.

  • Skills: Proficient in reporting, with independence, and familiarity in financial markets, actuarial calculations, and insurance concepts (Life and Non-Life).

  • Regulatory Knowledge: Significant understanding of local and SII regulatory frameworks.

  • Documentation Expertise: Experience in writing internal policies, documenting processes, risk, and controls.

  • Language Skills: Fluent in English and French; German proficiency is advantageous for communication with the Head Office.

  • Analytical Abilities: Strong analytical and detail-oriented skills to interpret actuarial and financial information.

  • Soft Skills: A team player, adaptable in a fast-paced environment, excellent communication, and presentation abilities.

  • IT Proficiency: Excellent MS Excel, Word, and PowerPoint skills; occasional business travel may be required.

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