Senior Manager - Enterprise Risk Management
- Axis Max Life
- 6 - 11 years
- Noida, Gurugram
- 3 days ago
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Job Description
Job Summary:
The primary responsibility of this role is to support the implementation of operational risk policies and processes, contributing to a robust operational risk management framework that ensures strong organizational resilience. The role serves as a second line of defense, providing independent and effective assurance over operational risk controls to safeguard the organization's assets, reputation, and long-term sustainability. The individual in this role should be self-driven, collaborative team player with a strong learning mindset, equipped with knowledge of life insurance processes and a passion for promoting resilience across the enterprise
Role & Responsibilities:
- Lead identification, assessment, and oversight of operational risks and key controls across insurance value chain
- Drive RCSA execution and control testing, ensuring design and operating effectiveness across critical business processes
- Execute focused Thematic Reviews to identify emerging risks, control gaps, and process weaknesses
- Oversee Operational Risk Events & Issues, including root-cause analysis, remediation tracking, and closure assurance
- Monitor and report Key Risk Indicators (KRIs) and Key Control Indicators (KCIs) risk events, and action plans, with timely escalation of material risks
- Partner with business stakeholders to strengthen process governance and control ownership
- Promoting Risk culture to enhance self-disclosures on incidents and deeper integration with Risk Vanguards across Organization
Preferred Candidate Profile:
- MBA or Equivalent Degree with 5+ years' experience in relevant field
- Detailed knowledge of operational processes in Life Insurance industry
- Prior experience in Operational risk management and mitigation or in Business Operations processes is desirable
Job Classification
Industry: InsuranceFunctional Area / Department: Risk Management & ComplianceRole Category: Operations / StrategyRole: Enterprise RiskEmployement Type: Full timeContact Details:
Company: Axis Max LifeLocation(s): Noida, Gurugram
Keyskills: Operational Risk Ops Risk ERM Risk Assessment Operational Risk Management Coso Enterprise Risk Risk Control Risk Mitigation Risk Control Self Assessment Line Of Defense Rcsa Risk Operations Key Risk Indicators Risk Identification Enterprise Risk Management
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