Identify, assess, and monitor risks across nine key categories: strategic, operational, insurance, credit, market, liquidity, legal, compliance, and reputational.
Develop, implement, and continuously improve the risk management framework in alignment with ISO standards.
Perform financial risk assessments and collaborate with actuarial and finance teams to ensure financial soundness reporting beyond traditional RBC solvency ratio.
Conduct end-to-end business process reviews to detect and mitigate control gaps and risk exposures across departments.
Prepare and present risk reports to Risk Management Committee (to the Board of Directors) and Risk Monitoring Committee (to the Board of Commissioners).
Ensure regulatory compliance and deliver required risk assessments/tests in accordance with OJK and other regulatory bodies.
Promote strong governance and risk awareness across all levels of the organization to support long-term business continuity.
Job Qualification:
Bachelors degree in Risk Management, Finance, Actuarial Science, Accounting, or related fields (Masters degree or certification is a plus).
Minimum 35 years of experience in risk management, preferably in life insurance or financial services.
Solid knowledge and practical experience in identifying and handling various risk types: strategic, operational, market, credit, liquidity, legal, compliance, insurance, and reputational risks.
Proficient understanding and application of ISO standards for risk management.
Experience in preparing high-level risk reports and communicating effectively with executive and board-level stakeholders.
Familiarity with financial soundness indicators and working knowledge of solvency ratios (e.g., RBC).
Strong analytical skills, critical thinking, and attention to detail.
Excellent communication, presentation, and interpersonal skills.
Able to work cross-functionally and manage multiple stakeholders.
High integrity, independence, and a proactive attitude in driving risk culture.
