Urgent opening for Insurance Risk Analyst (2-4 Yrs)

Role Summary: We are seeking a diligent and analytical Insurance Risk Analyst with 2-4 years of experience to join our growing team in Delhi. The ideal candidate will possess a strong understanding of risk management principles within the banking and insurance sectors and hold a postgraduate degree. You will be instrumental in identifying, assessing, and mitigating insurance-related risks to protect the bank's financial health and regulatory compliance.

Key Responsibilities:

Assist in the development and implementation of insurance risk management frameworks and policies.

Conduct regular assessments of insurance policies, coverage, and potential exposures across various business lines.

Analyze insurance claims data to identify trends, patterns, and areas for potential risk mitigation.

Collaborate with internal stakeholders (e.g., Underwriting, Claims, Legal) to ensure adequate insurance coverage and risk transfer.

Monitor the effectiveness of existing risk mitigation strategies and propose improvements.

Prepare reports and presentations on insurance risk exposures and management activities for senior management.

Stay updated with relevant industry regulations, best practices, and emerging risks in the insurance sector.