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Senior Insurance Risk Analyst

Job in Mbombela, Mpumalanga, South Africa
Listing for: Placements24
Full Time position
Listed on 2026-10-02
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Insurance
    Risk Manager/Analyst, Insurance Risk / Loss Control, Insurance Analyst
Job Description & How to Apply Below
Location: Mbombela

About the Role

Our client is looking for a highly analytical and experienced Senior Insurance Risk Analyst to join their team in Nelspruit . This role involves identifying, assessing, and mitigating risks across the company's insurance portfolio. You will play a crucial part in safeguarding the company's financial health and ensuring compliance with regulatory frameworks. If you have a strong background in risk management and a deep understanding of the insurance industry , this position in Mpumalanga offers a challenging and rewarding career path in Nelspruit .

Key Responsibilities
  • Conduct comprehensive risk assessments for new and existing insurance products and operations.
  • Develop and implement risk management strategies and frameworks.
  • Monitor market trends and regulatory changes that may impact risk exposure.
  • Prepare detailed risk reports for senior management and regulatory bodies.
  • Collaborate with underwriting and claims departments to implement risk mitigation strategies.
Requirements
  • Master's degree in Finance, Economics, Statistics, or a related quantitative field.
  • 5+ years of experience in risk analysis, preferably within the insurance sector.
  • Strong knowledge of risk management principles, statistical modeling, and financial analysis.
  • Proficiency in risk management software and data analysis tools.
  • Excellent analytical, problem-solving, and communication skills.
Benefits
  • Competitive salary and performance-based bonuses.
  • Hybrid work model offering flexibility and a good work-life balance.
  • Comprehensive health, disability, and life insurance benefits.
  • Opportunities for professional development and obtaining risk management certifications.
  • A collaborative and intellectually stimulating work environment in Nelspruit .
Position Requirements
10+ Years work experience
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