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Designation:AVP - Insurance Risk Manager
Company Name:Leading Pvt Bank
Summary:
Key Skills: #Risk Management #Actuarial
Sector: Banking,Financial services,Insurance
Industry Vertical: Life Insurance
Functional Area: Risk Management
Certification:
Experience: 10-15yrs
CTC: -Lacs
Location: Gurgoan,
Job Posted on: 19-04-2016
Prefered Level: Middle
Job code: IRM
 
Job Description:
Risk Management strategy and framework - Support the formulation of a Risk Appetite Statement, with details on tolerance and limits for Insurance risks; - Regularly provide inputs for enhancement of the Risk Management Framework for managing risks across the organization and ensure that all processes are fit for purpose; - Ensure that the Risk Management Framework covers risk exposures and limit breaches along-with mitigating actions and change management norms specifically for Insurance Risks and; - Develop the guidelines and policies for Insurance Risks and deploy the Risk Management Framework to required teams; Guidance to Management Team - Work collaboratively with senior management team and credibly challenge their decisions and ensure that all policies of the Risk Management framework are met on a day to day basis; - Provide insights to senior management on transparency into the risks to the overall organization, specifically driven through the categories of Insurance risks; - On a regular basis provide framework and professional guidance to senior management for them to consider, identify, assess, mitigate, and report on risks confronting the organization specifically Insurance risks; - Utilize background as an Actuary and work closely with Actuarial team to provide relevant insights into various decisions; Support to Actuarial Team - Support actuarial team to develop and use statistical and financial models to inform financial decisions, pricing and help establish the amount of liabilities, and setting capital requirements for uncertain future events; - Support in Interpretation of government regulations and internal policies and provide insights in documentation related to government filings/licensing; - Support in development of new products and re-pricing existing products when required;
 
Company Profile:
Leading Pvt Bank
Additional mail id:
 
Contact Details:
Company:ABT Group
Contact Person:Hardesh
Gurgoan
Gurgoan,Haryana,India,,mailid:hardesh_abthrgroup@gamil.com
   
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