JOB DESCRIPTION FOR RISK-MANAGER
JOB SUMMARY: Noor Takaful Insurance Limited is seeking a highly motivated and experienced Risk Manager to join our team and play a
crucial role in safeguarding our company's financial health and stability. You will be responsible for identifying, assessing,
and mitigating risks across all areas of our Takaful(insurance) operations, from underwriting and claims to financial investments and regulatory compliance.
Qualifications:
- Bachelor's degree in Risk Management, Finance, Insurance, or a related field.
- Minimum of 5 years of experience in risk management within the insurance industry.
- Proven ability to identify, assess, and mitigate risks in a complex environment.
- Strong analytical and quantitative skills, with proficiency in data analysis tools and techniques.
- Excellent communication and interpersonal skills, with the ability to effectively communicate risk information to both technical and non-technical audiences.
- Strong leadership and project management skills.
- Proactive and self-motivated, with a strong work ethic and a commitment to continuous learning.
- Familiarity with relevant insurance industry regulations and best practices.
- Conduct comprehensive risk assessments to identify potential threats and vulnerabilities across the organization.
- Analyze data from various sources to quantify risks and assess their potential impact on financial performance.
- Develop and implement risk management strategies, including risk mitigation, avoidance, and transfer plans.
- Monitor and evaluate the effectiveness of risk management strategies and make recommendations for improvement.
- Oversee the insurance procurement process, negotiating with brokers and underwriters to secure optimal coverage at competitive rates.
- Manage claims and litigation, working with adjusters and legal counsel to minimize losses.
- Stay up-to-date on industry trends and regulatory changes, ensuring compliance with all applicable laws and regulations.
- Communicate risk management insights and recommendations to senior management and stakeholders.
- Participate in cross-functional teams to address risk management concerns across the organization.
Unsolicited Applications
Candidates are encouraged to send us unsolicited applications because we consider unsolicited resumes and file them for future recruitment.
