Senior Executive / AM– Risk
Job Title: Senior Executive – Risk
Function: Enterprise Risk Management (ERM)
Job
Description:
To support
the operationalization of risk management practices across the organization by
driving Key Risk Indicators (KRI) monitoring, strengthening risk culture, and
executing risk audits/reviews, ensuring proactive identification and mitigation
of risks.
Key
Responsibilities
1. Key Risk
Indicators (KRI) Management
- Support design, tracking,
and reporting of KRIs across functions
- Monitor thresholds, trigger
alerts, and escalate breaches
- Coordinate with stakeholders
to ensure timely KRI data submission
- Analyze trends and provide
actionable insights for risk mitigation
- Drive the action oriented outcome
for critical breaches indicators and ensure timely closure.
2. Risk
Culture & Awareness
- Drive risk awareness
initiatives across business units
- Support rollout of risk
training, communication, and campaigns
- Promote ownership of risk at
functional levels
- Assist in embedding risk
practices into day-to-day operations
3. Risk
Audits / Reviews
- Conduct periodic risk
reviews and control assessments
- Support internal risk audits
and thematic reviews
- Identify control gaps and
track closure of action plans
- Maintain documentation and
evidence for audit readiness
4.
Governance & Reporting
- Prepare for periodic risk dashboards and reports
- Track action items arising
from risk reviews and audits
- Support regulatory /
internal reporting requirements
- Ensure adherence to risk
frameworks and policies
- Liaise with internal teams
(Underwriting, Claims, Finance, IT) for risk-related queries.
Success
Metrics (Combined)
- Timely and accurate KRI
reporting with actionable insights
- Increased risk awareness and
participation across teams
- Closure of audit findings
within defined timelines
- Improved control
effectiveness and reduction in repeat issues
Requirements
Key Skills
& Competencies
- Strong analytical and
coordination skills
- Attention to detail and
structured thinking
- Stakeholder management and
follow-through ability
- Good communication and
presentation skills
- Basic understanding of risk
frameworks and controls
Qualifications
& Experience
- Graduate/Postgraduate in
Finance, Risk, Business, or related field
- 2–5 years of experience in
Risk / Audit / Compliance
- Exposure to KRI frameworks,
audits, or risk programs preferred
- Proficiency in MS Excel,
PowerPoint, and risk reporting tools.
- Knowledge of IRDAI
regulations and insurance operations.
Behavioral
Attributes
- Proactive and
ownership-driven
- High integrity and
accountability
- Ability to work across teams
and manage multiple priorities
- Assist in risk awareness
programs and training sessions.
Benefits
HR to update