Supports the quantitative and analytical requirements of Risk function, in the form of insurance risk management, business plan stress testing, capital management and other analytical risk activities.
Deliver and embed the ERM framework across the Region and selected Asia Operations / Functions
Work with management to determine appropriate risk management responses to risk situations as necessary
Recommend, implement and lead initiatives that impact on the longer-term risk management effectiveness of the business
Work out a well communicated and resourced plan to rollout the ERM across the REGION and selected Global Functions / Operations
Identify appropriate remedial action to address issues raised when rolling out the ERM, and successful implementation by the first line of defence
Facilitate the implementation of the Risk Management Strategy / ERM across the REGION and Asia Operations / Functions.
The plan will capture a well sequenced rollout of the following ERM areas :
Updating risk appetite standards
Embed these risk processes and tools across the REGION and Asia Operations
Second line oversight and challenge of internal processes and controls including monitoring the timeliness of control performance.
Maintain knowledge of local insurance industry
Maintain a strong network with risk professionals both across the QBE Asia and externally
Drive an appropriate risk management culture across QBE Asia Operations.
Form a full understanding of the risk profile within the cluster
Understand regulatory and external stakeholder requirements (including but not limited to regulators, rating agencies and shareholders)
In conjunction with management, identification of pre-emptive or early-warning measures of potential major or systemic risk issues.
Assist management to design appropriate and cost effective solutions
Meet deadlines for internal and external stakeholder requirements
Share knowledge and risk insights across the business
Collaborate with appropriate stakeholders and generate strong relationships to drive excellent outcomes
Promote consistent and ethical behaviour and champion a strong RISK culture
Minimum of 8 plus years of professional working experience, with at least 5 years in a Risk Management role
Risk management qualification (desirable)
Management experience in leading a small team of risk specialist (desirable)
Good knowledge of industry best practice in Enterprise Risk Management
Good understanding of the insurance industry and current market environment at a domestic and international level. (desirable)
Good knowledge of regulatory requirements within the Financial Services Industry (Insurance industry desirable)
Capable of representing team or function in a range of internal and forums
Ability to influence GHO and Group Risk Senior Management and develop relationships with key stakeholders
Excellent written and verbal communication
Number of Openings :
Equal Employment Opportunity :
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.