Regional Risk Partner (Quantitative)

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

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.