Regulatory & Financial Risk (RFR) Risk Insurance – Assistant Manager

Main Purpose:

In this role you will be delivering projects as part of a growing insurance sector risk management advisory team. The exciting opportunity within this role is it encompasses a broad scope of risk coverage across the insurance sector. You will have the ability to learn and grow across the full risk management spectrum.     

Key Responsibilities:

• Serve as a key team member in delivering financial risk related projects with particular focus in the life insurance and savings industry. Key coverage includes shaping risk operating structures Own Risk and Solvency Assessment (ORSA) reviews risk frameworks (e.g. Liquidity Market Risk) industry-driven risk management methodologies and governance frameworks to address complex technical and strategic challenges.
• Support in the delivery of wider ERM insurance sector risk management and balance sheet management related projects.
• Project management excellence with the ability to navigate and deliver within the context of large multidisciplinary client engagements.
• Foster collaborative relationships across regional and global teams promoting knowledge exchange consistent delivery excellence and thought leadership.
• Supporting the management of key relationships positioning the firm as a trusted advisor in financial risk management enterprise risk management and regulatory compliance.
• Help identify growth opportunities and deliver impactful strategic presentations while providing innovative solutions to complex financial risk and regulatory challenges.
• Ensure excellence in governance quality assurance and operational delivery across all client engagements.
• You will be primarily responsible for delivery on client engagements and growing the business through contributing to achieving the revenue targets for the business unit.
• As regulations and market conditions continuously evolve in this space this is a dynamic role that will offer and require consistent upskilling.

Our client projects primarily cover:

• Financial risk operating model and process design
• Various financial risk specialist advisory and strategic inputs
• Own Risk and Solvency Assessment reviews
• Forecasting stress testing and risk appetite
• Best practices and controls
• Wider ERM and other insurance sector risk management projects

Qualifications :

Required Qualifications

• Possesses a degree or post grad in Actuarial Science Risk Management Statistics Economics Mathematics Finance Accountancy or a related field.
• Professional certifications (e.g. FRM PRM CFA) are preferred.
• Member of IFoA/ASSA and progress with professional Actuarial examinations advantageous.

Required Experience

3-4 years experience in financial risk/ERM/other risk related roles that encompass responsibilities such as:

• • Own Risk and Solvency Assessments (involvement in the process or as a reviewer)
  • Stress testing and risk appetite management
  • Understanding of financial instruments and how these are utilised by insurers for financial risk management purposes.
  • ERM risk management within the insurance sector
  • Liquidity funding and interest rate risk management within an insurer
  • Funds transfer pricing

Required competencies:

• Understanding of financial risk management practices and processes.
• Governance and controls policies and procedure documentation.
• Demonstrates expertise in one or multiple risk domains including Market Risk Operational Risk Liquidity Risk and Credit Risk as well as relevant regulations.
• Enterprise risk management within the life insurance and savings industry.
• Proficiency in data analytics and statistical modelling tools such as Python SAS and R with advanced Excel and visualization software (e.g. Power BI Tableau) preferred.
• Strong analytical problem-solving and data interpretation skills with high attention to detail and a meticulous work approach.

Additional Information :

Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive.  Deloitte may ask the employee to carry out additional duties or responsibilities which may fall reasonably within the ambit of the role profile depending on operational requirements.

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At Deloitte we want everyone to feel they can be themselves and to thrive at workin every country in everything we do every day. We aim to create a workplace where everyone is treated fairly and with respect including reasonable accommodation for persons with disabilities.

We are committed to employment equity and building a diverse and inclusive workplace across the African continent. Our recruitment processes are aligned with our Employment Equity Plan and the principles of the Employment Equity Act. Preference may be given to candidates from designated groups.

We actively support the inclusion of people with disabilities and embrace neurodiversity in the workplace. We recognise and value the unique strengths that neurodivergent individuals bring and we are committed to creating an environment where everyone can thrive.

If you require reasonable accommodations in relation to your disability and neurodiverse needs during the recruitment process please let us know. We are happy to make adjustments to suit your individual needs.

Remote Work :

No

Employment Type :

Full-time