Gulf Insurance Group K.S.C.P is hiring a Group Risk Manager

Country: Al Asimah, Kuwait

Job Purpose: To lead the development of effective ERM frameworks and Credit Rating Projects across all group companies, in different countries of operations, undertaking a key functional and advisory role, contributing to the achievement of the Group objectives and the credit rating processes, and to uphold the Group’s ethics, strategies and policies.

Primary Duties

• Develops risk management strategies, risk appetite, principles, framework and policy across the Group
• Implements appropriate risk controls, processes and methodologies
• Advises and coaches management and business units on risk management
• Co-ordinates appropriate and timely delivery of risk management information
• Leads the credit rating projects between the rating agencies and group companies.
• Challenges risk owners on identifications, mitigation plans and introduces strategic risk initiatives

Qualification & Experience Required:

• Bachelor’s degree in finance or a quantitative discipline.
• Comprehensive risk management and risk measurement experience.
• Minimum 10-12 years’ experience in financial services / Insurance Industry with a risk management focus.
• ERM Practice is a must and Actuarial experience is a plus.

Main Competencies:

• Technical Analysis: Capital management, solvency and adequacy, quantitative methods, qualitative tools, simulations, stress testing, reserving, triangles, underwriting, actuarial, financial and solvency II directives.
• Risk Analysis: Market risks, credit risks, operational (business) risks, insurance (technical) risks, liquidity risk, legal risk and strategic (group) risks.
• Project Management: Strategic and financial planning, budgeting, reporting, corporate finance, valuations, modelling and designing, policies creating, performance management and setting internal controls.
• Strong communication and presentation skills.
• Ability to manage teams and multiple projects and.
• Ability to analyze and interpret management information.
• Ability to follow detailed procedures and ensure accuracy in documentation & data.
• Ability to work harmoniously with others to get a job done with flexible approach.

Contact: https://bitly.ws/32Pbd