Risk Manager

Position :

Risk Manager - Insurance Job Summary :

We are seeking a highly skilled and experienced Risk Manager to join a leading insurance company in Jeddah, Saudi Arabia. The ideal candidate will have a strong background in insurance risk management, with a deep understanding of best practices and regulatory requirements. The Risk Manager will be responsible for identifying, evaluating, and managing potential risks that could impact the company's operations, financial stability, and reputation. Key Responsibilities

Develop and implement risk management policies, procedures, and strategies in line with the company's goals and objectives Identify potential risks and evaluate their potential impact on the company's operations and financial stability Conduct risk assessments and implement risk mitigation plans to minimize potential threats Monitor and report on key risk indicators and provide recommendations for risk reduction Collaborate with different departments to ensure compliance with regulatory requirements and industry standards Keep up-to-date with industry trends and changes in regulations to ensure the company's risk management practices are up-to-date Develop and maintain relationships with external stakeholders, such as regulators and insurance providers Conduct regular training and awareness sessions to educate employees on risk management best practices Prepare and present risk reports to senior management and make recommendations for improvements Continuously review and improve risk management processes and procedures to enhance the company's risk management capabilities Qualifications and Skills

Bachelor's degree in Business Administration, Risk Management, Finance, or a related field Minimum of 5 years of experience in risk management, preferably in a consulting or financial services environment Strong knowledge of risk management principles, methodologies, and best practices Excellent analytical and problem-solving skills with the ability to identify and assess potential risks Experience in conducting risk assessments and developing risk mitigation plans Strong understanding of regulatory requirements and industry standards Excellent communication and interpersonal skills with the ability to build and maintain relationships with internal and external stakeholders Proven leadership skills with the ability to manage and motivate a team Proficient in Microsoft Office and risk management software Arabic and English Fluency Our client offers a competitive salary and benefits package, as well as opportunities for career growth and development. If you are a highly motivated and experienced Risk Manager looking for a new challenge, we would love to hear from you. Apply now and join our dynamic team at Consulture Search.

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