Risk Analyst - FTC (CPT)

The role

Santam’s has an exciting new opportunity a Risk Analyst within Santam Partnership Solution (SPS), a division of Santam Limited. This is a 12-month fixed term contract available based in Tygervalley, Cape Town.

What will you do?

To assist the Risk Manager with risk management related activities across SPS and also assist in the execution of risk management monitoring across the businesses within SPS.

What will make you successful in this role?

• Support the Risk Manager with ERM functions across all risk types. Collaborate with stakeholders (including second line risk management) to support a culture of risk awareness and reporting within SPS.
• Perform risk identification, assessment and management across the business through the development and use of risk tools such as Risk registers, risk surveys, KRIs, RCSAs, root cause analysis on Risk Events, etc.
• Support the Risk Manager in ensuring that reporting is timely, accurate and covers all relevant elements of the framework to Management and external parties providing the adequate comprehensive view exposure of the organization. Perform research of best practice and incorporate into processes by collaborating with stakeholders.
• Ensure that the Risk Management Frameworks remain fit for purpose and are aligned with Santam’s standards and best practices.
• Monitor and track all Audit issues across all business within SPS.
• Support the Combined Assurance by preparing the ERM submission, collating submissions from the other assurance providers and preparing accurate minutes thereof. Communicate with all stakeholders and manage delivery of actions.
• Support the build-up of ERM’s body of knowledge
• Maintain the structure to documents and records
• Liaise with the appropriate counterparties on ERM Systems and Data ensuring their quality, fitness, and governance.
• Perform risk training with stakeholders
  
  

Qualification And Experience

• Degree in a relevant subject (risk management / insurance / accounting, etc)
• At least 2 years relevant Risk Management related experience in the financial services industry, preferably non-life insurance industry.
  
  

Skills

• Knowledge and practical experience of Financial Services (non-life insurance preferred).
• Interest in all risk types (insurance, operational, market risks)
• Strong working knowledge of Microsoft office including MS Excel, Word, PowerPoint and SharePoint
• Excellent communication skills - both verbal and written
• Ability to work on your own, take initiative and prioritise.
• Strong ability to synthesize information
• with an ability to describe complex ideas in a simple way, including clear recommendations and conclusions
• Experience in drafting papers and reports
• Good time management
• Assertiveness
• Work with assurance providers (Risk, Audit and Compliance)
• Attention to detail
• Structured
• Team player
• Self-motivated
• Ability to confidently & effectively engage with team members and other stakeholders
• Conflict management and resolution
• Able to function in a fast, changing complex environment.
  
  

Competencies

• Collaborates
• Client focus
• Drives results
• Flexibility and adaptability
• Cultivates innovation
• Risk Management
• Reporting and administration
• Compliance and regulatory management