Director, Risk Management

Posted 3 Days Ago
Be an Early Applicant
Singapore, SGP
In-Office
Senior level
Insurance
The Role
Lead risk management for Everest's Singapore subsidiaries: maintain risk framework, risk register and appetite monitoring; prepare ORSA inputs; monitor controls and assurance; partner with branch senior management; present risk reporting to committees and regulators; liaise with Group ERM and regulators.
Summary Generated by Built In

Title:

Director, Risk Management

Company:

Everest Reinsurance Company (Singapore)

Job Category:

Underwriting

Job Description:

About Everest:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

About the Role:

There is a requirement for a Senior Risk Business Partner to undertake risk management activities within the following Subsidiaries of Everest Group:

  • Everest Reinsurance Company (ERC) Singapore Branch
  • Everest International Reinsurance, Ltd. (EIS) Singapore Branch

The role will report into the Head of the Global Risk Hub but with close alignment to Subsidiary Branch Managers and Chief Finance Officers (CFOs) who maintain overall responsibility for risk management within the subsidiary.

Role & Responsibilities (include but not limited to):

  • The Senior Risk Manager will be responsible for all elements of the subsidiary
  • Risk management framework including but not limited to the following:
  • Review and management of the risk environment, including but not limited to:
  • Risk management framework, including policies and processes,
  • Risk register and assessment of risks including identification, assessment, monitoring and reporting of key risks,
  • Risk appetite and tolerance monitoring,
  • Preparation of the ORSA working with Group ERM colleagues for inputs.
  • Controls monitoring and assurance.
  • Perform risk partnering and oversight alongside the Branch Senior Management.
  • Membership and quarterly attendance of the Committees and other Senior Management Meetings as relevant including presentation of reporting.
  • Liaison with Group ERM.
  • Liaison with Regulators.

Qualifications:

  • Risk management qualification a plus.

Knowledge, Skills & Competencies:

  • Proven risk management experience within the insurance sector at a senior level.
  • Experience of working with Regulators.
  • Proven experience of creating and implementing risk frameworks.
  • Ability to produce reporting and present at an Executive level.
  • Comfortable interacting with senior individuals including the Regulator.
  • Strong problem solving, analytical and numerical skills.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

 

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Fixed Term (Fixed Term)

Time Type:

Full time

Primary Location:

Singapore

Additional Locations:

Privacy Notice | Everest (everestglobal.com)

Skills Required

  • Proven risk management experience within the insurance sector at a senior level.
  • Experience of working with Regulators.
  • Proven experience of creating and implementing risk frameworks.
  • Ability to produce reporting and present at an Executive level.
  • Comfortable interacting with senior individuals including the Regulator.
  • Strong problem solving, analytical and numerical skills.
  • Risk management qualification.

Everest Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Everest and has not been reviewed or approved by Everest.

  • Fair & Transparent Compensation Pay is characterized as fair or decent for the role, with total compensation often viewed as broadly competitive. Bonus, overtime eligibility, and stock-related elements are described as meaningful contributors to overall earnings in stronger years.
  • Healthcare Strength Health benefits are repeatedly characterized as good to great, and they appear to be a consistent bright spot in the overall rewards package. Core protections like life insurance and short- and long-term disability coverage are also described as available.
  • Wellbeing & Lifestyle Benefits A Lifestyle Spending Account and a wellness debit-card style perk are described as available for physical or mental health expenses. Employee assistance support is positioned as accessible globally, adding to day-to-day wellbeing coverage.

Everest Insights

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The Company
HQ: Warren, NJ
3,485 Employees
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity. Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index. FINANCIAL STRENGTH RATINGS A+ by A.M. Best A+ by S&P A1 by Moody's

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