Prudential's purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people's career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.
Role & Responsibilities
- Be the local lead for key group Risk projects and work closely with the 1st Line to ensure timely implementation providing review and feedback to the Project Manager and Head of ORM
- Support the Head of ORM on matters relating to oversight across all risks
- Advise 1st Line on compliance with all the regulatory and statutory requirements set up by the local regulatory supervisory bodies i.e. OIC / SEC
- Advise 1st Line on compliance with the Group Risk Framework and its components and escalation of risk and compliance issues to local Risk Committee and its sub-committees, where required
- Support PLT Risk Committee, responsible for facilitating and supporting the Committee
- Monitor risk exposure against Group's risk appetite and limits and challenging action(s) taken in case of breach
- Facilitate the identification and assessment of Risks within the Company. Assist in determining the effectiveness of Risk Management and Control Plan of the Company. Also assist the Division /Functional Areas to meet the Local and Group Risk Management requirements
- Monitor day to day risks and coordinates with other Division Heads and Risk Coordinators
- Maintain and update the Quarterly Key Risk reports, Control Plan and Incident Report. Also coordinate all matters relating to Division risks with the Division Head /Risk Coordinators to follow-up on outstanding issues and updating the action plans etc. Collate, monitor, challenge and test completeness of Risk Information
- Coordinate with other 2nd line functions (e.g.: Compliance, Financial Risk Management, and Business Continuity Risk Management) regularly to identify the emerging trends in risks and continue to monitor company's risks
- Monitor compliance with Group Governance Manual with escalating exemption and breach to Group risk team
Qualifications
- Qualification in Risk Management, Accounting or other related fields
- Minimum of 5 years experience in a life insurance company in either Risk, Compliance, or Internal Audit or in External Audit with the Big 4 (Preferred)
- Experience in overall project management
- Must be able to able to work independently as well as in a team
- Excellent Communication skill and ability to articulate complex technical issues in clear and concise manner
- Excellent command of both written and spoken English
- Proficient in Microsoft Office Applications
- Knowledge of Risk Management, and Insurance Industry (Preferred)
Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.
