Risk Officer

il y a 3 semaines

Luxembourg Randstad Temps plein

We are pleased to collaborate with our client, an insurance company, to recruit a

Risk Officer (M/F)

The Risk Officer is responsible for all activities related to the global Risk management of a fast-growing commercial Reinsurance company located in Luxembourg City. Managed by a team of less than 16 persons, the Reinsurance company is owned by a large international financial group.

As a Risk Officer, you ensure that both risks inherent to reinsurance activities and risks related to the environment in which the Company or its group operates are identified, assessed, treated, monitored, and reported appropriately.

Within the Risk Management Department, we are looking for a Risk Officer with the following main tasks:

·         Identify, measure, mitigate, monitor, and report all type of risks, including mainly non-life
Underwriting risk, market risk, operational risk, and liquidity risk as defined under the Solvency II directive.

·         Participate in the development and implementation of the Operational Risk Management
Framework.

·         Perform detailed analysis of operational risk incidents and the underlying root causes (including the setup of meetings with business lines and drafting memo events), review the proposed action plans and follow up on the progress/completion. Maintain the Operational Risk event database.

·         Support the risk and control assessment process of the risk owners, challenge the proposed
assessment, and regularly report on the status of the risk.

·         Participate of the definition and the review of the key risk indicators within the Risk Appetite framework and its monitoring on quarterly basis.

·         Support the preparation of regular risk reports to the management and specialized committees.

·         Regularly review and update the different risk management policies.

·         Create and monitor the agreed corrective action plans.

·         Participation in the ORSA process (Own Risk and Solvency Assessment), Oversight Risk reporting and the Solvency II calculation.

·         Maintain the BCP and the DRP of the company.

·         Implement and maintain a risk culture, develop solution to mitigate the risk.

·         Assist the Chief Risk Officer in its risk oversight duties, liaise and interact with the Management, the other internal control functions and all the departments.

 

OBLIGATIONS
Qualified pursuant to the legislation related to the insurance sector law of 7 December 2015,
transposing the EU Solvency II Directive into Luxembourg law (specifically, the pursuant regulations presenting the requirements for a Risk Management Function)


REQUIREMENTS
Develop and maintain the risk management framework compliant with local regulation but able to comply also with group internal requirements


RISK OF NON-PERFORMANCE

Key position (I.e. involvement in complex and/or strategic files; risk mitigation role, risk of being noncompliant which Solvency II regulations, core line of business falling under AML/FT regulation …) that must be performed properly by candidate

 

FUNCTIONAL
Report directly to the Chief Risk Officer. Have direct access to the Underwriting and Risk Committee to present conclusions and reports as well as to the Member of Board of Directors for the Company in charge of the Risk Management Function.


INTERNAL
Work closely with the Compliance and Internal Control Managers as well as the Underwriting and Claims and Finance functions


EXTERNAL (AFTER 6 MONTHS)

Possibility to liaise with independent actuarial services providers and other service providers, external auditors, the Insurance Regulator (CAA), and reinsuran8ce business partners

 

BACKGROUND
Master’s degree (Masters in economics, statistics, actuarial sciences, or finance) or equivalent experience in (re)insurance or financial sector. Deep knowledge of risk management and a good understanding of how risk models, data and processes interact in Luxembourg.
Good command of MS Office: advanced knowledge of Excel is required.


EXPERIENCE
Minimum experience of 3 to 6 years in a similar function and in a country subject to the Solvency II Directive or equivalent regulatory legislation.

Experience in a risk management role, having worked with risk models in Luxembourg or the EU. Financial sector mandatory, Assurances sector is an asset.


LANGUAGES
French and English are mandatory (working language and administrative language of Luxembourg).

 

PREFERRED SKILLS

·         Able to adapt and take on other tasks in order to provide support to the team in place

·         Proactive and solution oriented

·         Good interpersonal relations

·         Good communication, writing and presentation skills with the ability to explain sophisticated issues in a succinct but professional manner

·         Analytical skills and an eye for detail

·         Superb planning and organizational skills

 

ADDITIONAL NOTES
Able to work in a small, growing team in Luxembourg that is part of a larger International group and to take initiative as needed.

 

Interested? Send us your CV without further delay. Only CVs matching these criteria will be taken into consideration.

Randstad is one of the leading players worldwide in the area of recruitment, temporary work and human resources services. Randstad has been operating in Luxembourg since 1995 and works for most of the important companies of the country.

  • Operations Risk Analyst

    il y a 4 semaines

    Luxembourg Redstone Legal, Risk and Compliance Search Temps plein

    Job Reference**:RS0990** Job Reference**:RS0990** Job Title**:Operations Risk Analyst** Location**:Europe** Area**:Other, Softs&Agriculture** Role**:Operations&Logistics, Risk Management** Redstone Legal, Risk & Compliance Search focus on offering 360° search solutions across the globe for our prestigious client base. With our competitive coverage of...

  • Senior Operations Risk Analyst

    il y a 4 semaines

    Luxembourg Redstone Legal, Risk and Compliance Search Temps plein

    Job Reference**:RS1465** Job Reference**:RS1465** Job Title**:Senior Operations Risk Analyst** Location**:Europe** Area**:Other, Softs&Agriculture** Role**:Operations&Logistics, Risk Management** Redstone Legal, Risk & Compliance Search focus on offering 360° search solutions across the globe for our prestigious client base. With our competitive...

  • Risk Officer

    il y a 3 semaines

    Luxembourg, Luxembourg Randstad Temps plein

    We are pleased to collaborate with our client, an insurance company, to recruit aRisk Officer (M/F)The Risk Officer is responsible for all activities related to the global Risk management of a fast-growing commercial Reinsurance company located in Luxembourg City. Managed by a team of less than 16 persons, the Reinsurance company is owned by a large...

  • Risk Officer

    il y a 3 semaines

    Luxembourg, Luxembourg Randstad Temps plein

    We are pleased to collaborate with our client, an insurance company, to recruit aRisk Officer (M/F)The Risk Officer is responsible for all activities related to the global Risk management of a fast-growing commercial Reinsurance company located in Luxembourg City. Managed by a team of less than 16 persons, the Reinsurance company is owned by a large...

  • Risk Officer

    il y a 1 mois

    Luxembourg Apex Group Temps plein

    Risk Officer Location: Luxembourg city, Luxembourg Date Posted: Feb 17, 2023 **Description** Life at Apex isn't just about the work you do, it's about embracing the culture and loving what you do. Every employee plays a part in making Apex who we are today and the more that we grow, the more important that becomes. Whatever your career path or specialism...

  • Conducting Officer

    il y a 7 jours

    Luxembourg Eurolux Consulting Temps plein

    **Job Description**: We have a superb opportunity for an alternative funds risk professional to join a progressive investment manager as their Conducting Officer Risk. The role offers fantastic variety, with a range of funds investing in venture capital, private equity, private capital, real estate, etc., alongside UCITS, with the business undertaking some...

  • (Associate) Risk Officer

    il y a 4 semaines

    Luxembourg European Investment Bank Temps plein

    The **EIB**, the European Union's bank, is seeking to recruit for its Group Risk & Compliance Directorate (GR&C),** **Regulation & EIB Group Risk Department (GREG), Capital Management Division (CM), Regulatory Capital and Capital Policy Unit (CAP), at its headquarters in Luxembourg, an **(Associate) Risk Officer - Regulatory Capital Modelling & Calculations...

  • (Senior) Risk Officer

    il y a 1 mois

    Luxembourg European Investment Bank Temps plein

    The **EIB**, the European Union's bank, is seeking to recruit for its Group Risk & Compliance Directorate (GR&C), Credit & Climate Risk Department (CCRD) - Structured Finance & Equity Division (SFE) - Equity Unit (EQU), at its headquarters in Luxembourg, a **(Senior) Risk Officer - Equity Unit ** **This is a full-time position at grade 5/6 for which the EIB...

  • Credit Risk Officer

    il y a 6 jours

    Luxembourg LHH Temps plein

    Our client, an Investment Bank, is looking for its future Credit Risk Officer. This job offer is going to be a temporary contract for one year. LHH Recruitment Solutions offers extensive HR solutions through one unique brand. We are specialised in the employment of middle and top management and highly qualified professionals in contracting, temporary and...

  • Operational Risk Officer

    il y a 4 semaines

    Luxembourg ING Temps plein

    Are you somebody  who …. :-    treasures integrity-    takes initiatives-    combines good analytical, coordination & organization skills-    has good communication skills-    is an autonomous and flexible team player-    is able to deal with cultural differences, conflicting interests, complex and unforeseen challenge-    helps...

  • Operational Risk Officer

    il y a 3 semaines

    Luxembourg, Luxembourg ING Luxembourg Temps plein

    Are you somebody who :- treasures integrity- takes initiatives- combines good analytical, coordination & organization skills- has good communication skills- is an autonomous and flexible team player- is able to deal with cultural differences, conflicting interests, complex and unforeseen challenge- helps develop a sustainable, effective and efficient working...

  • Conducting Officer

    il y a 1 mois

    Luxembourg GoToFreedom Temps plein

    Our client is a leading Asset Manager in the secondary market for Private Assets. They are finalising the set-up of their new AIFM in Luxembourg, and to complete the new team they are looking for a Conducting Officer for the Risk Management function. **Your role**: - Set up the Risk Management framework in collaboration with the current providers - Draft...

  • Conducting Officer Risk Management

    il y a 4 semaines

    Luxembourg Anderson Wise Temps plein

    **Job type**: - Permanent**Emp type**: - Full-time**Industry**: - Asset Management**Expertise**: - Executive Management (C -level)**Location**: - Luxembourg, Luxembourg**Job published**: - 24-03-2023**Job ID**: - 33177**Conducting Officer: Risk Management** An excellent opportunity for a motivated Risk Manager who is looking to take the next step to...

  • Senior Officer

    il y a 4 semaines

    Luxembourg Finance in Motion GmbH Temps plein

    The Luxembourg Risk Team serves as the Permanent Risk Management Function for all Finance in Motion impact strategies managed out of Luxembourg, such as private debt, forestry, fund of funds, or renewables. It reviews investment proposals with the aim of submitting them to the AIFM investment committee(s). The role necessitates a holistic understanding of...

  • ICT Risk Officer

    il y a 4 semaines

    Luxembourg, Luxembourg Banque Internationale du Luxembourg Temps plein

    Banque Internationale à Luxembourg (BIL) is one of the biggest banks in the Grand Duchy, offering retail, private, corporate and institutional banking, as well as treasury and financial market services.The majority of BIL's 2,000 employees work at the headquarters in Luxembourg City – this centralized setup promotes swift, agile decision-making and short...

  • Enterprise Risk Management Officer

    il y a 2 semaines

    Luxembourg, Luxembourg ING Temps plein

    Enterprise Risk Management OfficerYour role & work environmentAs an Enterprise Risk Management (ERM) officer specialized on regulatory topics and Basel environment, you provide relevant risk insights to set and manage the risk appetite, and ensure that stakeholders get the appropriate, timely and correct advice. You do this by collecting input from various...

  • Enterprise Risk Management Officer

    il y a 2 semaines

    Luxembourg ING Temps plein

    Enterprise Risk Management OfficerYour role & work environmentAs an Enterprise Risk Management (ERM) officer specialized on regulatory topics and Basel environment, you provide relevant risk insights to set and manage the risk appetite, and ensure that stakeholders get the appropriate, timely and correct advice. You do this by collecting input from various...

  • Conducting Officer for Risk

    il y a 4 semaines

    Luxembourg Saxton Leigh Temps plein

    **THE COMPANY**: Our client is a global Alternative Investment Fund Manager. They are looking for a Conducting Officer for Risk for their Luxembourg office. **THE RESPONSIBILITIES**: - Be the leader of the Risk Management team of a rapidly growing third-party AIFM, be part of the Risk Committee, Conducting Officers Committee, and reporting to the Board of...

  • Risk & Compliance Officer - Luxembourg

    il y a 4 semaines

    Luxembourg Aviva Temps plein

    Risk & Compliance Officer - Luxembourg This is a great job for someone who has demonstratable knowledge of Compliance and Control functions alongside corporate secretary knowledge _._ A bit about the job: The Risk and Compliance Officer provides support to the Risk and Compliance teams and provides advice in relation to governance model and internal...

  • Tax Risk Officer

    il y a 4 semaines

    Luxembourg ING Temps plein

    **Tax Risk Officer** As part of the strengthening of its Wholesale Banking business line, ING Luxembourg is looking for a Tax Advisor - Wholesale Banking (M/F). **Your mission** As a Tax Risk Officer, you will be responsible for analyzing files and situations from a tax perspective for a Wholesale Banking clientele (International Large Corp, Private...