Location: 

Bangalore, KA, IN

Senior Operational Risk Manager

About the Role:

 

As a Senior Finance ORM Manager, you will be an integral part of our dynamic team, actively contributing to the oversight of operational risks in Swiss Re's financial processes at both the Group and business unit levels. Your deep understanding of Group Finance processes, especially reserving actuarial processes, risks, and mitigation strategies will be essential. In addition, you'll contribute to risk assessments and perform regular evaluations.


As an experienced professional, you will collaborate with cross-functional teams, engage with stakeholders, and shape our risk management strategies. If you're ready to make a significant impact and thrive in an ambitious environment, we invite you to be part of our journey.

 

Key Responsibilities:

 

  • Leading operational risk management for Group Finance activities, focusing on reserving & actuarial areas 
  • Supporting and guiding teams in identifying and addressing operational risks 
  • Conducting regular assessments and walkthroughs 
  • Contributing to risk reporting for the Executive Committee and Board of Directors
  • Providing input for assessing the financial plan's risk
  • Lead, coordinate and co-author the production of risk update reports for top management.
  • Oversee Risk and Control Self-Assessments performed within Finance and Actuarial teams, enforcing Swiss Re Operational Risk Management standards, reviewing management actions to address existing issues and root cause analysis. 
  • Drive ad hoc assignments including facilitation of brainstorming sessions, risk assessment workshops, operational risk reviews and reviews of strategic / financial plans.
  • Build up and maintain a network of experts to gain a strong 360 degree understanding of business risk profile including regulatory, sustainability and compliance risks.

 

About the Team:

 

Our Group Function Risk Management (GFRM) team consists of seasoned risk professionals dedicated to managing operational and execution risk. We establish the Operational Risk Management Framework, maintain critical tools, and collaborate with partners to identify and tackle operational risks across Swiss Re. 

You will be reporting to the Head Finance Operational Risk Management. Our Risk Management team has a business oversight and enabling role across Group Finance functions. This role contributes to our team's success by making transparent to Board and Executive Management key risk exposures, promoting disciplined risk taking and driving operational rigor within the business.

 

About You:

 

You are an independent and critical thinker with a can-do-attitude, willing to challenge constructively and confident to express views on key issues. With your strong organisational and interpersonal skills, you are able to build effective working relationships with individuals globally across different functional areas and levels of seniority, leading and facilitating key meetings.

 

You have a university degree and a few years of professional experience in reserving & actuarial, risk consulting, internal audit or risk management department of primary insurance companies
You are highly proficient in English and can communicate clearly, both verbally and in writing.

 

You possess expertise in: 

 

  • Risk management and internal control frameworks, 
  • Reserving & actuarial areas, 
  • Financial risk frameworks, operations, processes, controls, and tools 
  • Accounting standards, industry norms, and regulatory requirements

 

Other expectations include: 

 

  • Minimum 8 years of Finance, financial audit focusing on interaction with actuaries, or related experience in the insurance industry, with proficiency in financial statement and reporting controls 
  • Demonstrated leadership and customer management skills, with a proactive approach to inspiring change Independent and critical thinking abilities, with a positive and inquisitive demeanour 
  • Outstanding written and verbal communication skills in English 
  • An IFRS background is a significant advantage 

 

About Swiss Re

 

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace 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 and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

 

 

Keywords:  
Reference Code: 133724 

 

 


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