Insurance Risk Analyst

Role Summary:
We are seeking a motivated Insurance Risk Analyst to join our growing team in Chandigarh. This role is crucial in identifying, assessing, and mitigating potential risks within our insurance operations. The ideal candidate will have a strong analytical aptitude and a keen eye for detail, with a Diploma in a relevant field. You will work closely with various departments to ensure compliance and enhance risk management strategies.

Key Responsibilities:
- Assist in the identification and assessment of operational, financial, and strategic risks related to insurance products and processes.
- Support the development and implementation of risk mitigation strategies and controls.
- Conduct data analysis to identify trends, patterns, and potential risk exposures.
- Prepare reports and presentations on risk assessments and findings for management.
- Monitor and review internal controls to ensure their effectiveness.
- Collaborate with underwriting, claims, and actuarial teams to understand and address risk-related issues.
- Stay updated on regulatory changes and industry best practices in risk management.
- Contribute to the continuous improvement of risk management frameworks and policies.