Job Description

Primary Details Time Type: Full time

Worker Type: Employee

Supports the quantitative and analytical requirements of Risk function, in the form of insurance risk management, business plan stress testing, capital management and other analytical risk activities.

Responsibilities:

Lead initiative to improve overall management of insurance risk through design of risk dashboards, underwriting/product risk reviews, and development of new risk policies and governance processes.

Design annual and quarterly process for monitoring performance against business plan.

Identify top insurance risks across AP and put together agenda to review, assess, and implement actions to manage exposures.

Develop insurance risk management policies, including new processes and procedures.

Conduct annual and quarterly business plan stress testing.

Review impact of solvency regulations on country operations.

Monitor and stress test capital positions.

Ensure risk exposures captured and managed within risk management framework.

Support other Risk function activities such as strategic planning as necessary.

Close engagement with relevant stakeholders at the regional and country operations levels in order to understand key risks and to facilitate change management to embed risk framework.

Influence stakeholders to adopt new risk management approaches and policies.

Effective challenge of first line activities, approaches, or policies to improve risk environment.

Work closely with stakeholders in other departments including finance, actuarial, underwriting and claims to understand, review, assess, and influence change on technical matters.

Quantitative modeling of impact of stresses and scenarios on business results and capital.

Develop quantitative and qualitative criteria to determine risk rating for insurance risks.

Manage business plan stress testing and capital management models.

Training of local risk managers on insurance risk, business planning and capital management.

Collaborate and share knowledge with regional risk and compliance team to operate risk management strategy and improve understanding of insurance risk and risk analytics across team.

Requirement:

10+ years of experience in general insurance industry working in the above areas.

Deep understanding of top risks in general insurance business.

Approaches in measuring insurance risk exposure for general insurance company.

Ability to identify key risk indicators and other risk measurement techniques.

Preparation of risk dashboards and reports on insurance risk.

Business plan stress testing and capital management

Application Close Date: 29/08/2023 11:59 PM

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

QBE Insurance