Prudentials purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured for our people customers and partners. We provide a platform for our people to do their best work and make an impact to the business and we support our peoples career ambitions. We pledge to make Prudential a place where you can Connect Grow and Succeed.
At Prudential Health India (PHI) we are on a mission to make Indians healthier while bridging the health protection gap. This is a Zero to One team undertaking a greenfield health insurance deployment in India committed to building journeys that will truly empathize with the customer andoffer a differentiated bespoke experience.
To partner us in this mission we are looking for a talented
Manager NonFinancial & Operational Risk Management
As a Manager NonFinancial & Operational Risk Management your typical work week might include the following:
- Develop implement and maintain a comprehensive NonFinancial and Operational Risk Management (NFORM) framework.
- Identify assess and monitor key nonfinancial and operational risks across the organization including but not limited to compliance regulatory technology process and people risk.
- Conduct risk assessments gap analyses and control evaluations to identify areas of weakness and improvement.
- Develop and implement risk mitigation strategies and action plans to address identified risks.
- Monitor the effectiveness of risk mitigation efforts and track progress against action plans.
- Develop and deliver training programs to raise awareness of nonfinancial and operational risks and promote a strong risk culture.
- Collaborate with crossfunctional teams to integrate risk management into business processes and decisionmaking.
- Prepare regular reports on nonfinancial and operational risks for senior management and relevant committees.
- Stay up to date with regulatory changes and industry best practices related to nonfinancial and operational risk management.
- Ensure adherence to internal policies procedures and regulatory requirements.
- Support internal and external audits providing relevant documentation and addressing audit findings.
- Contribute to the development and maintenance of a robust control environment.
- Foster a culture of risk awareness and accountability throughout the organization.
You could be the right candidate if you:
- Have a strong understanding of nonfinancial and operational risk management principles and practices within the insurance or financial services industry.
- Have 58 years of experience in a risk management compliance or audit role.
- Possess a relevant professional certification (e.g. FRM CRM CISA) is a plus.
- Have experience developing and implementing risk management frameworks.
- Have a solid understanding of regulatory requirements related to nonfinancial and operational risk management.
- Are proficient in risk assessment methodologies and control evaluation techniques.
- Possess strong analytical problemsolving and criticalthinking skills.
- Demonstrate excellent communication interpersonal and presentation skills.
- Are proficient in data analysis and reporting.
This Could Be the Gig for You If Youre:
- A selfstarter who thrives in a dynamic and challenging environment. Youre not afraid to roll up your sleeves and get involved in all aspects of product development.
- A proactive and selfmotivated individual with a strong attention to detail.
- A collaborative team player who can work effectively with crossfunctional teams.
- Passionate about promoting a strong risk culture within the organization.
- A strategic thinker who can identify and assess potential risks and develop effective mitigation strategies.
- A strong communicator who can clearly articulate complex risk issues to both technical and nontechnical audiences.
- Comfortable working in a fastpaced environment and managing multiple priorities.
- Committed to continuous learning and staying up to date with industry trends and best practices.
- Resilient and solution oriented.
- Looking for a role where you can make a real difference in the lives of others by ensuring the responsible and sustainable operation of our business.
Department:Risk Management
Reports To:Head of Risk
Location:Mumbai Maharashtra
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex race age ethnic origin educational social and cultural background marital status pregnancy and maternity religion or belief disability or parttime / fixedterm work or any other status protected by applicable law. We encourage the same standards from our recruitment and thirdparty suppliers taking into account the context of grade job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
Required Experience:
Manager