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

• 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.
• 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
• 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
• 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

HR to update