Chief Risk Officer

4 weeks ago


Johannesburg, South Africa AIG Full time

The role of the CRO SSA is to maintain a robust risk management framework that is appropriate for the size, business mix and complexity of AIG businesses in Africa, is in line with AIG policies and meets regulatory expectations., in close collaboration with the AIG ERM function in AIG EMEA region.

Key function holder for the South African Legal entities and potentially outside of South Africa as and when needed as long as feasible from a regulatory perspective
Ongoing review and enhancement of the embedding of a robust and fit-for-purpose enterprise risk management framework, within the Africa business processes
The risk management oversight will focus predominantly on the South African Cluster operations and covers all known and emerging risk (including Insurance, Market, Credit, operational, Conduct and Strategic risk), and will include effective management of a team of Operational Risk resources, as well as a small team responsible for Outsourcing oversight.
Adequate support and assurance to the board of directors and the managing director in meeting their responsibilities with respect to the protection of policyholders and the management of the risk profile of the companies in scope
Engage with the Regulators and Rating Agencies as and when required
Responsible for the overall management and execution of the risk management strategy and activities within Africa, which is aligned to the insurer's overall business strategy and its business activities, including an annual risk review of relevant business plans
Facilitate and drive the regular updates and monitoring of the risk appetite statement and tolerances of the companies, any ORSA requirements, as well as Risk registers (including Key Risk Indicators)
Risk review of major, new initiatives, including new product, process and system developments, as well as outsourcing.
Further development and implementation of an effective Risk Reporting both internal and external aligned to the overall risk reporting in AIG
Support the local risk management governance structure and facilitate the quarterly Risk and Capital Committee meetings and other risk forums and committees
Strengthen the risk culture in the SSA to underpin the effectiveness of the overall risk management framework - this include effective and ongoing risk awareness training, as well as an effective risk champion network.
Maintain an effective Risk Event reporting program, as well as the execution of risk assessments (including RCSAs).
Timely escalation of any risk matters within SSA and in the ERM function
Financial and corporate governance to ensure cost efficiency including budget management
Support a combined assurance framework
As and when needed, the SSA CRO may be requested and assigned to oversee specific areas of regional ERM operations in line with the EMEA ERM Target Operating Model which may entail either partnering a Profit Centre or becoming a lead over a specific domain area (e.g. Reputational Risk, Risk Register, etc..)

**What we’re looking for**:
Over 8 years in Risk Management (either Insurance or Bank) or related field, across multiple risk types
3-5 years leadership experience, within an ERM environment preferably Along with technical skills required for the job, include soft skills like problem solving ability as well as personality traits (team player, proactive etc.) that you envision for a successful hire.
Exceptional verbal and communication skills, specifically with regards to Executive management and Board members
Negotiation skills
Strategic Skills
Knowledge Sharing
Innovation & Change
Insurance and Investment technical knowledge, including actuarial methodologies on pricing and reserving and general asset management

LI-AIG

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

**Functional Area**:
RK - Risk

**Estimated Travel Percentage (%)**: No Travel

**Relocation Provided**: No

AIG South Africa



  • Johannesburg, South Africa National Risk Managers Full time

    A Medical Insurance Company based in Benoni, Gauteng is looking for a Chief Financial Officer.As a Chief Financial Officer, you will play a pivotal role in providing strategic financialinsights, deliver on financial objectives to achieve the return on investments for the company.The CFO will provide required leadership to the Finance team, develop investment...


  • Johannesburg, South Africa Malander Placements Full time

    **2023-08-08 - 2023-09-07** **PERMANENT** **JHB000270** **FINANCIAL SERVICES** **Gauteng**, JHB - Northern Suburbs** **0.00 - 0.01 Annually Basic Salary (Market related)** **Position**: Chief Financial Officer **Permanent**: On-site **Location**:Johannesburg, South Africa - Are you a visionary financial leader with the expertise to drive strategic...


  • Johannesburg, South Africa RMGtalent Full time

    SA COO Job Spec **Job Title**: Chief Operating Officer (COO) - Forex Company **Location**: South Africa **About Us**: We are an innovative and reliable online derivatives broker offering our mostly Africa clients the opportunity to take advantage of the world's most lucrative financial markets, which include Forex, cfds and crypto etc. We are seeking a...


  • Johannesburg, South Africa Talent 101 Full time

    Chief Financial Officer (CFO) - Contractual **Experience in Government sector is non negotiable** We are looking for an experienced **Chief Financial Officer or CFO** to perform effective risk management and plan the organization’s financial strategy. It is a very important and complex role since an organization can only survive if it actively...

  • Chief Product Officer

    4 weeks ago


    Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

    **Job Description**: BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties. WHO YOU ARE You are a strategic thinker, have sound...


  • Johannesburg, South Africa AGC Recruitment Full time

    **Chief Financial Officer - Mining - Northern Cape** Our client, a large international mining company with operations across Africa is looking for a Chief Financial Officer, to join their dynamic team in the Northern Cape. **Duties and Responsibilities**: - Partner with the growth vision and be a key driver in achieving the cost reduction and NSR...


  • Johannesburg, South Africa Snatch.Work Full time

    A leading EdTech organization is currently seeking an operational and strategic Chief Financial Officer with robust financial expertise to join their team either in their Johannesburg office (preferred) or in Stellenbosch (can be considered). As the Chief Financial Officer, you will oversee the financial health and operational efficiency of the...

  • Chief Client Officer

    8 minutes ago


    Johannesburg, South Africa Ogilvy Full time

    Ogilvy South Africa Group is looking for a Chief Client Officer (or Group MD) partner the CEO and the Ogilvy South Africa (OSA) Executive Committee in the management of multiple operating companies across OSA. The Chief Client Officer will play a client and industry facing role, and in partnership with the Chief Executive Officer (CEO) and Managing...


  • Johannesburg, South Africa Edge Executive Search Full time

    Chief of Sales and Marketing Officer - 2023-09-05 - 2023-09-26 - Permanent - JHB003396 - Sales- Gauteng, JHB - Central - Monthly Basic Salary (Market related, Negotiable)- Sales and Marketing Officer to drive sales and the team - We have an exciting opportunity for a Chief of Sales and Marketing Officer with one of our clients. **Requirements**: - Minimum...


  • Johannesburg, South Africa Adzuna ZA B C2 Full time

    A leading player in the motor industry that specialises in selling luxury vehicles for the elite has an exciting opportunity for an experienced Chief Operations Officer to join their team.As the Chief Operating Officer, you will be responsible for overseeing and optimizing the operational functions of the company within the motor industry. Working closely...


  • Johannesburg, South Africa The Talent Barn Full time

    A leading player in the motor industry that specialises in selling luxury vehicles for the elite has an exciting opportunity for an experienced Chief Operations Officer to join their team.As the Chief Operating Officer, you will be responsible for overseeing and optimizing the operational functions of the company within the motor industry. Working closely...


  • Johannesburg, South Africa The Talent Barn Full time

    A leading player in the motor industry that specialises in selling luxury vehicles for the elite has an exciting opportunity for an experienced Chief Operations Officer to join their team. As the Chief Operating Officer, you will be responsible for overseeing and optimizing the operational functions of the company within the motor industry. Working closely...


  • Johannesburg, South Africa The Talent Barn Full time

    A leading player in the motor industry that specialises in selling luxury vehicles for the elite has an exciting opportunity for an experienced Chief Operations Officer to join their team.As the Chief Operating Officer, you will be responsible for overseeing and optimizing the operational functions of the company within the motor industry. Working closely...


  • Johannesburg North, South Africa Communicate Recruitment Full time

    Are you knowledgeable, hands-on, and passionate about finance? Look no further, as an exceptional role has become available for a Chief Financial Officer. **Job & Company Description**: A high performing organisation in the Telecommunications industry is urgently looking for a Chief Financial Officer to join their team of excellence. This is an elite...

  • Chief Product Officer

    4 weeks ago


    Johannesburg, South Africa BankservAfrica Full time

    **Do you see a future that includes more?** **More exposure to innovative technologies, more personal growth, more experience?** **Look at the position we have available and see how, together we can shape your future, so that you can give more and include more.**: - Job Title- Chief Product Officer- Location- Selby - Johannesburg, GP 2001 ZA (Primary)-...


  • Johannesburg, South Africa Victoria Devereux International Full time

    **Reports to the Chief Executive Officer** **Job Summary**: The CFO is responsible for assisting the CEO to lead and direct all financial functions for the organisation. This includes financial planning and analysis, accounting, tax, treasury, risk management, and shareholder relations. The CFO is also responsible for providing strategic guidance to senior...


  • Johannesburg, South Africa SET Recruitment Consultants Full time

    **Chief Compliance Officer** Reputable Asset Mgt firm seeks inspirational leader. Pivotal role to partner with the business to provide strategic compliance advice in SA and African markets. Great career opportunity. *** **Main Responsibilities** - Be instrumental in formulating and implementing integrated compliance strategy. - Keep in mind global...


  • City of Johannesburg, Gauteng, South Africa Zeal HR Full time

    **Chief Financial Officer** **About the role** As the Chief Financial Officer to join our client’s team, you will primarily lead in the finance division and you will be joining the leadership team in an executive level position, reporting into the CEO & COO. **Responsibilities** **Executive functions**: Mergers and Acquisitions (M&A): - Lead financial...


  • Johannesburg, South Africa Pronto Labour Team Full time

    **CHIEF EXECUTIVE OFFICER - CONSUMER GOODS**: - **MUST be REGISTERED CHARTERED ACCOUNTANT CA(SA)**: - **MUST** have MINIMUM 10 Years' experience in **CONSUMER** **GOODS** - **MUST **have Minimum 5 Years' experience as a** CEO**: - **NON-Smoker


  • Johannesburg, South Africa Snatch.Work Full time

    A nonprofit organization focusing on youth leadership is currently seeking an operational and strategic Chief Financial Officer with a strong entrepreneurial focus to join their team in Johannesburg. This role offers a unique opportunity to shape the financial and operational landscape, contributing significantly to the organization's strategic objectives...