Responsibilities

Policy and Strategy

• To design and oversee the Company-wide risk management strategy, aligning all risk management and associated internal control activities to support the achievement of business objectives.
• To facilitate the integration of risk management policy and strategy into all department’s strategies and activities.
• To design and implement an overall risk management process for the organization, which includes an analysis of the financial impact on the company when the risks occur.
• To ensure appropriate information on risk and internal controls is provided to the stakeholders of the Company in a timely manner to minimize/eliminate the adverse effects.
• To oversee procurement of various services and products within the Company to ensure compliance and alignment with Company policies and procedures.
• To establish and quantify the Company’s Risk Appetite and advise the Management on the same.
• To maintain awareness of trends and developments in risk management that may be significant to SLUL and the Insurance Industry in general.
• To minimize both long-term and day-to-day operational risks through assessments, evaluations, and training.

Risk Identification and Assessment

• Ensure that risk identification and assessment activities are performed across the Company on a regular basis, Standard Operating Procedures (SOPs) are reviewed and challenged where necessary, and appropriate escalation procedures are in place.
• Prepare risk management and insurance budgets prior to the occurrence of risks.
• To maintain the independent challenge on risk and assurance issues through management of the risk function.
• To monitor and report to the Board as well as the Audit and Risk Committee on the total level of the Company’s risk exposure.

Reporting and Stakeholder Engagement

• Ensure effective and timely reporting of risk management information to the Management team and Board.
• To represent our risk management positions, strategies, and experiences at internal and external forums to maintain a high reputation.
• Conducting policy and compliance audits, which will include liaising with internal and external auditors.
• Maintaining records of insurance policies and claims.

Management Responsibilities

• To be responsible for the set-up, management, and coordination of the risk department.
• To be responsible for the coordination of outsourced specialist audits.
• To report to the CEO, the Board, and the Audit and Risk Committee on risk management performance.
• Review any new major contracts or internal business proposals.
• To improve/inculcate a risk awareness culture across the organization

QUALIFICATION EXPERIENCE AND SKILLS

• Undergraduate degree in any business-related field with Professional qualifications in Actuarial Science, Professional Risk Manager or Financial Risk Management.
• An MBA will be an added advantage.
• 3-6 years of professional experience in a similar role.
• Excellent written and verbal communication skills
• Strong organizational skills for planning work and continuously monitoring progress towards goals.
• Commercial awareness, High level of integrity, and ethical standards
• High attention to detail
• Analytical Skills

Responsibilities

• Coordinating internal resources and vendors for the flawless execution of projects to ensure timely delivery of projects within scope and budget
• Lead team resources during scoping, planning, execution, and presentation of sourcing event results
• Manage the team during each project deployment
• Demonstrate how our client’s software solutions present a unique value and edge to address the business needs of our prospects
• Manage and develop client accounts to initiate and maintain favorable relationships with clients.
• Prepare compelling visuals and reports for projects and team performance, and spearhead presentations and demos for the platform(s)
• Strong functional understanding of our solutions with the ability to discuss, prep, and demonstrate business process flows to prospects and clients
• Prepare and complete relevant material and paperwork regarding sales and client interactions and maintain proper documentation.
• Maintain continuous and smooth collaboration with the Legal and Finance teams to ensure purchasing activities are carried out in a timely, accurate, and consistent manner.
• Facilitate effective communication between the vendors/service providers and Retail internal customers.
• Develop and maintain a master file to identify suppliers based on the requirements to expedite the procurement process and to fulfill the needs with minimum time

Qualifications

• Minimum 3 years’ experience in procurement and supply chain management
• Minimum Bachelor’s degree in procurement and CIPS (4)
• Advanced Microsoft Office skills, with emphasis on MS Project, Excel, and PowerPoint
• Strong written and verbal communication skills
• Must possess strong presentation skills with the ability to establish rapport quickly with existing customers
• Ability to contribute to a strong team, dynamic and work well with others
• Must be able to work in a fast-paced and goal-driven environment