Chief Risk Officer

This position reports directly to the Country President and functionally reports to the APAC CRO Chubb Samaggi Board Risk Committee (BRC) and ACE INA Branch Risk Management Committee.

The role of the Chief Risk Officer in summary is responsible for managing the Companys risk management framework and program. The Chief Risk Officer is also responsible for ensuring Management Staff and the Board of Directors are aware of their responsibilities in identifying risks that could impact the Companys strategic objectives and for identifying and implementing mitigating addition the Chief Risk Officer is responsible for the Companys business continuity management program to ensure that the risk of business disruption is minimized

Major duties and responsibilities

ERM

• Monitor and review of risk registers and maintain online ERM system
• Organize risk management committee meetings agenda minutes
• Work with department risk owners to identify measure mitigate and monitor risk
• Present updates to the Board Risk Committee
• Provide an independent view regarding proposed business plans and business transactions.
• Build and maintain relationships with internal stakeholders including senior management department heads and employees to promote risk awareness communication and collaboration.
• Provide guidance support and training to foster a culture of risk management excellence and continuous improvement.
• Undertake reporting to the Regional CRO
• Assist with stress test exercises and in establishing risk appetite and tolerance levels
• Maintain committee charters and risk management guidelines
• Manage and coordinate the ORSA process for Chubb Samaggi and ACE INA Branch.
• Ensure compliance with local Risk Management regulatory requirements and Global and Regional ERM standards
• Monitor industry best practices and emerging risk trends to enhance the effectiveness and efficiency of risk management processes. Identify and implement opportunities for process improvement.

BCP

• Maintain documentation e.g. business recovery plans crisis plans etc
• Organize and ensure exercises and rehearsals are undertaken for both IT and the business
• Conduct training and awareness for staff on BCP matters
• Undertake the annual business impact analysis
• Complete an annual risk assessment
• Maintain the Business Continuity Plan
• Ensure compliance with local regulatory requirements and Companys Global standards

Other

As required but including organizing the company insurance program completing risk assessment surveys attending quarterly regional conference calls etc

Experience

• 10 years relevant experience in Insurance industry.
• Risk Management and leadership quality
• Detailed understanding of the industry practices systems and processes.
• Ability to demonstrate high degree of credibility and influence among senior stakeholders.
• Previous experience working in a multi- national environment in APAC.
• Fluency in Thai and English.
• Good communication and negotiation skills.
• Ability to work with diverse group of stakeholders both internal and external.
• Highly analytical with the ability to interpret large volumes of data.
• Ability to interpret financial information