Senior Executive / AM Risk

Job Title: Senior Executive – Risk

Function: Enterprise Risk Management (ERM)

To support the operationalization of risk management practices across the organization by driving Key Risk Indicators (KRI) monitoring, strengthening risk culture, and executing risk audits/reviews, ensuring proactive identification and mitigation of risks.

Key Responsibilities

• Key Risk Indicators (KRI) Management
• Support design, tracking, and reporting of KRIs across functions
• Monitor thresholds, trigger alerts, and escalate breaches
• Coordinate with stakeholders to ensure timely KRI data submission
• Analyze trends and provide actionable insights for risk mitigation
• Drive the action oriented outcome for critical breaches indicators and ensure timely closure.
• Risk Culture & Awareness
• Drive risk awareness initiatives across business units
• Support rollout of risk training, communication, and campaigns
• Promote ownership of risk at functional levels
• Assist in embedding risk practices into day-to-day operations
• Risk Audits / Reviews
• Conduct periodic risk reviews and control assessments
• Support internal risk audits and thematic reviews
• Identify control gaps and track closure of action plans
• Maintain documentation and evidence for audit readiness
• Governance & Reporting
• Prepare for periodic risk dashboards and reports
• Track action items arising from risk reviews and audits
• Support regulatory / internal reporting requirements
• Ensure adherence to risk frameworks and policies
• Liaise with internal teams (Underwriting, Claims, Finance, IT) for risk-related queries.

• Timely and accurate KRI reporting with actionable insights
• Increased risk awareness and participation across teams
• Closure of audit findings within defined timelines
• Improved control effectiveness and reduction in repeat issues

Key Skills & Competencies

• Strong analytical and coordination skills
• Attention to detail and structured thinking
• Stakeholder management and follow-through ability
• Good communication and presentation skills
• Basic understanding of risk frameworks and controls

• Graduate/Postgraduate in Finance, Risk, Business, or related field
• 2–5 years of experience in Risk / Audit / Compliance
• Exposure to KRI frameworks, audits, or risk programs preferred
• Proficiency in MS Excel, PowerPoint, and risk reporting tools.
• Knowledge of IRDAI regulations and insurance operations.

• Proactive and ownership-driven
• High integrity and accountability
• Ability to work across teams and manage multiple priorities
• Assist in risk awareness programs and training sessions.

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