Regulatory & Financial Risk (RFR): Risk Insurance - Assistant Manager

Responsibilities

• Support in the delivery of wider ERM, insurance sector risk management, and balance sheet management related projects.
• Project management excellence with the ability to navigate and deliver within the context of large multidisciplinary client engagements.
• Foster collaborative relationships across regional and global teams, promoting knowledge exchange, consistent delivery excellence, and thought leadership.
• Supporting the management of key relationships, positioning the firm as a trusted advisor in financial risk management, enterprise risk management and regulatory compliance.
• Help identify growth opportunities and deliver impactful strategic presentations while providing innovative solutions to complex financial risk and regulatory challenges.
• Ensure excellence in governance, quality assurance, and operational delivery across all client engagements.
• You will be primarily responsible for delivery on client engagements and growing the business through contributing to achieving the revenue targets for the business unit.
• As regulations and market conditions continuously evolve in this space, this is a dynamic role that will offer and require consistent upskilling.
• Our client projects primarily cover:
• Financial risk operating model and process design
• Various financial risk specialist advisory and strategic inputs
• Own Risk and Solvency Assessment reviews
• Forecasting, stress testing and risk appetite
• Best practices and controls
• Wider ERM and other insurance sector risk management projects
• Required Qualifications
• Possesses a degree or post grad in Actuarial Science, Risk Management, Statistics, Economics, Mathematics, Finance, Accountancy, or a related field.
• Professional certifications (e.g., FRM, PRM, CFA) are preferred.
• Member of IFoA/ASSA and progress with professional Actuarial examinations advantageous.
• Required Experience
• 3-4 years' experience in financial risk/ERM/other risk related roles that encompass responsibilities such as:
• Own Risk and Solvency Assessments (involvement in the process or as a reviewer)
• Stress testing and risk appetite management
• Understanding of financial instruments and how these are utilised by insurers for financial risk management purposes.
• ERM risk management within the insurance sector
• Liquidity, funding and interest rate risk management within an insurer
• Funds transfer pricing
• Required competencies :
• Understanding of financial risk management practices and processes.
• Governance and controls, policies and procedure documentation.
• Demonstrates expertise in one or multiple risk domains, including, Market Risk, Operational Risk, Liquidity Risk, and Credit Risk, as well as relevant regulations.
• Enterprise risk management within the life insurance and savings industry.
• Proficiency in data analytics and statistical modelling tools such as Python, SAS, and R, with advanced Excel and visualization software (e.g., Power BI, Tableau) preferred.
• Strong analytical, problem-solving, and data interpretation skills, with high attention to detail and a meticulous work approach.
• Note: The list of tasks / duties and responsibilities contained in this document is not necessarily exhaustive. Deloitte may ask the employee to carry out additional duties or responsibilities, which may fall reasonably within the ambit of the role profile, depending on operational requirements.
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• Upfront Payment Requests : Deloitte will never ask for any upfront payment for background checks, job training, or supplies .

Benefits

Additional Information

Main Purpose: In this role you will be delivering projects as part of a growing insurance sector risk management advisory team. The exciting opportunity within this role is it encompasses a broad scope of risk coverage across the insurance sector. You will have the ability to learn and grow across the full risk management spectrum.

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