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Armonk, NY, US

Operational Risk Manager

About iptiQ


iptiQ is a risk tech start-up within Swiss Re Group. Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime.

iptiQ provides digital, bespoke and transparent L&H and P&C protection products in a B2B2C manner. Founded in 2014, we're transforming the way consumers buy insurance with a unique digital insurance engine which incorporates the latest technology with world-class underwriting capabilities. We build strong partnerships to sell insurance via trusted brands.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. iptiQ embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work.



About the role


This is an exciting opportunity to work in an exciting growth environment. You will have the chance to gain a broad insight into a wide range of operational risk management activities.


Risk governance and culture responsibilities

  • Build, maintain and foster high quality relationships with local business team
  • Supports in proactively driving a risk-aware culture
  • Collaborate with Group Operational Risk Management team to deliver quality risk advice and transparency


Risk controlling, transparency and advisory responsibilities

  • Support the implementation of risk standards and risk control framework which are in compliance with Group Operational Risk Management standards
  • Assist in setting up the risk management framework and collaborates with teams in Swiss Re to ensure alignment
  • Identify top risk issues associated, assess appropriateness of the internal control environment and work with the business to develop mitigation action plans
  • Responsible for organizing risk management discussions, meetings and committees
  • Support monitoring and oversight on the operational risk exposures
  • Responsible for engaging with the business to identify, mitigate and report on operational issues and event. Facilitate the risk owners to perform RCSA process.
  • Review and Create Controls in the Group Risk and Control Register


Coordinates regular reporting

  • Support preparation of the Operational Risk Reporting for iptiQ Management Team
  • Responsible for co-ordination of quarterly certification report
  • Responsible for the reporting of Operational Risk Management for the iptiQ Technology and Operations Forum as well as other forums.
  • Collaborate with the Group Operational Risk Management team to deliver quality risk report (e.g. Group Risk Register) and advise


Takes ownership to add the risks for the insurance business to the risk matrix of the entity



About the team


This is your chance to join iptiQ where we are running and growing a new international unit within a global corporation. You will join a diverse and very motivated team committed to thrive and succeed in the task of making this business a success in the insurance market.

Our Risk function has a business oversight and servicing role. We are responsible for setting out the conditions under which the Company is willing to take risk, its risk tolerance and its risk management principles. We make sure that our entities' Boards and Senior Management are aware and understand the exposures, risk landscape and the risk governance framework.

Our team is small and dynamic, our job is evolving with the growing business, and new ideas and client requirements guide the way forward.

Do you want to help enable the business to win in the future, by working side-by-side with the various teams in iptiQ? Then we are looking for you to join us.


About you


  • You are passionate about working in the fast-paced environment of a young insurance company committed to the digitalization of insurance business
  • You are an independent and critical thinker, willing to challenge constructively, with a can-do-attitude, curious and keen to learn.
  • You bring excellent delivery skills, work diligently, assume responsibility for your own work and manage timelines adequately and independently
  • You have 5 years of experience in operational risk management in a Financial institution with solid general knowledge/experience in Risk Management
  • You have an understanding of business processes in Primary Insurance Business
  • You are an analytical person, able to handle ambiguity, embrace change and you are eager to learn
  • As a strong communicator, you have the ability to seamlessly interact with colleagues across functions, across locations and on all levels
  • Your English is excellent, other European languages are helpful


Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.


Reference Code: 108081 

Nearest Major Market: White Plains
Nearest Secondary Market: New York City

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