Senior Executive Risk

Job Title: Senior Executive – Risk

Function: Enterprise Risk Management (ERM)

Job
Description:

To support
the operationalization of risk management practices across the organization by
driving Key Risk Indicators (KRI) monitoring, strengthening risk culture, and
executing risk audits/reviews, ensuring proactive identification and mitigation
of risks.

Key
Responsibilities

1. Key Risk
Indicators (KRI) Management

• Support design, tracking,
  and reporting of KRIs across functions
  
• Monitor thresholds, trigger
  alerts, and escalate breaches
  
• Coordinate with stakeholders
  to ensure timely KRI data submission
  
• Analyze trends and provide
  actionable insights for risk mitigation
  
• Drive the action oriented outcome
  for critical breaches indicators and ensure timely closure.
  

2. Risk
Culture & Awareness

• Drive risk awareness
  initiatives across business units
  
• Support rollout of risk
  training, communication, and campaigns
  
• Promote ownership of risk at
  functional levels
  
• Assist in embedding risk
  practices into day -to -day operations
  

3. Risk
Audits / Reviews

• Conduct periodic risk
  reviews and control assessments
  
• Support internal risk audits
  and thematic reviews
  
• Identify control gaps and
  track closure of action plans
  
• Maintain documentation and
  evidence for audit readiness
  

4.
Governance & Reporting

• Prepare for periodic risk dashboards and reports
  
• Track action items arising
  from risk reviews and audits
  
• Support regulatory /
  internal reporting requirements
  
• Ensure adherence to risk
  frameworks and policies
  
• Liaise with internal teams
  (Underwriting, Claims, Finance, IT) for risk -related queries.
  

Success
Metrics (Combined)

• Timely and accurate KRI
  reporting with actionable insights
  
• Increased risk awareness and
  participation across teams
  
• Closure of audit findings
  within defined timelines
  
• Improved control
  effectiveness and reduction in repeat issues
  

Requirements

Key Skills
& Competencies

• Strong analytical and
  coordination skills
  
• Attention to detail and
  structured thinking
  
• Stakeholder management and
  follow -through ability
  
• Good communication and
  presentation skills
  
• Basic understanding of risk
  frameworks and controls
  

Qualifications
& Experience

• Graduate/Postgraduate in
  Finance, Risk, Business, or related field
  
• 2–5 years of experience in
  Risk / Audit / Compliance
  
• Exposure to KRI frameworks,
  audits, or risk programs preferred
  
• Proficiency in MS Excel,
  PowerPoint, and risk reporting tools.
  
• Knowledge of IRDAI
  regulations and insurance operations.
  

Behavioral
Attributes

• Proactive and
  ownership -driven
  
• High integrity and
  accountability
  
• Ability to work across teams
  and manage multiple priorities
  

• Assist in risk awareness
  programs and training sessions.
  

Benefits