Senior Insurance Risk Manager, APAC

2 days ago


Singapore ZURICH INSURANCE COMPANY LTD (SINGAPORE BRANCH) Full time

About the Opportunity

We are seeking a seasoned risk professional to lead our APAC Risk Team as Head of Insurance and Financial Risk. This strategic role will report to the Head of Risk, APAC and collaborate with BU Country CROs, Finance, and Insurance functions to provide 2nd line reviews of insurance and finance risk topics.

Key Responsibilities:

  • Risk Advisory: Provide independent challenge and review to P&C and Life insurance functions, engaging in decision-making processes and reviewing governance, assurance activities, and model validation.
  • Risk Governance: Oversee the development, maintenance, and embedding of effective Risk Governance relating to insurance risk and financial risk, including model risk.
  • Insurance Risk Analysis: Lead top-down analysis and assessment of insurance risks, producing reports and documentation, and conducting deep dive analyses and scenario planning.
  • Annual Plan Risk Assessment: Lead and deliver the annual plan risk assessment process.
  • Z-ECM Capital Analysis: Analyze Z-ECM capital consumption for APAC BUs, providing detailed insights into key drivers.
  • BU Support: Provide professional support and advice to BU CROs, including risk insights and implications for the business.
  • Project Participation: Participate in APAC key projects by providing subject matter expertise or leading project work streams.
  • Risk Management Engagement: Engage with the Group Risk Management team.
  • Professional Development: Mentor and develop professionals within Risk Management, contributing to APAC training and people development initiatives.

Qualifications, Skills, and Experience:

  • Qualified actuary in a recognized actuarial body (P&C or Life Insurance)
  • Strong P&C or Life Insurance background
  • 10 or more years of relevant work experience
  • Good experience with Risk Management Frameworks
  • Strong communication and stakeholder management skills

Salary Range: SGD $250,000 - SGD $400,000 per annum, commensurate with experience and qualifications.



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