Risk Management Lead

2 days ago

Cape Town, Western Cape, South Africa Hire Resolve Full time

At Hire Resolve, we are seeking an experienced Risk Management Lead to join our client's team in the insurance industry.

The Risk Management Lead will be responsible for overseeing and leading the internal audit function within the organization, ensuring compliance with industry regulations and company policies. The role is focused on driving excellence in risk management and internal audit within the insurance industry.

About the Role:

  • Develop and maintain the annual internal audit plan, ensuring comprehensive coverage of key risk areas within the insurance industry.
  • Lead and conduct internal audits of various business functions, including underwriting, claims, actuarial, and financial reporting processes.
  • Evaluate the effectiveness of internal controls and processes, identifying risks and opportunities for improvement.
  • Prepare audit reports detailing findings, recommendations, and action plans for management review.
  • Monitor the implementation of audit recommendations and track progress towards resolution.
  • Collaborate with external auditors and regulators to support external audits and examinations.
  • Provide training and guidance to audit staff on best practices and industry standards.
  • Stay current on industry trends, regulations, and best practices related to internal audit within the insurance industry.

Requirements:

  • CA(SA) or Certified Internal Auditor (SA) qualification is non-negotiable.
  • IT Risk and audit certification is desirable.
  • Risk management certification is desirable.
  • Risk modelling skills are desirable.

We Offer:

A competitive salary of approximately R1 200 000 per annum, plus benefits package and opportunities for professional development and growth within the organization.

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