PAŞA Sığorta ASC invites candidates to apply for the position of Head of Non-Financial Risk Management Division and become a member of our professional team.
This role leads the management of non-financial risks in alignment with the company's strategic and business objectives, assessing the impact of risks on business results and the company's sustainability from a holistic perspective. In addition to ensuring the timely identification, assessment, monitoring, and mitigation of risks, this role partners with business units to contribute to the development of risk-based decision-making, risk culture, and the company's overall risk maturity.
Responsibilities
- Ensure the development and continuous improvement of the non-financial risk management framework, policies, and methodologies, considering the company's strategy, business model, and risk appetite.
- Systematically identify and manage non-financial risks across the company's lines of business and processes.
- Assess the potential impact of identified risks on financial results, customer experience, reputation, operational resilience, and strategic objectives.
- Ensure the creation of the company's risk map based on risk assessment results and coordinate the development of action plans for high and critical risks with business units.
- Analyze risk incidents and operational loss events, identify root causes and business impacts, and monitor the development and implementation of preventive and corrective measures.
- Ensure the timely assessment of non-financial risks for new products, processes, technological solutions, and significant business changes, and support the integration of a risk perspective into the decision-making process.
- Identify risk trends and potential risk signals for non-financial risks based on internal and external data, providing analytical reports and recommendations to management on key risks and their business impact.
- Follow best practices in the insurance sector and risk management field, leading initiatives to enhance the company's risk maturity and operational resilience.
- Manage the department's activities and priorities, ensure the distribution of responsibilities and effective collaboration among team members, and support the professional development and results-oriented performance of employees.
Knowledge and Skills
- Strong knowledge of operational risk management methodologies and tools.
- Ability to understand the insurance business and key business processes from a broad perspective and assess the impact of risks on business results.
- Strong analytical and strategic thinking, with data-driven decision-making skills.
- Leadership, team development, and results-orientation skills.
- Effective communication, presentation, and stakeholder collaboration skills.
- Language skills: Azerbaijani, English, Russian.
Education and Experience
- Higher education in Economics, Finance, Mathematics, or a related field.
- Minimum of 4 years of work experience in risk management, internal control, audit, or related areas; experience in the insurance or financial sector is an advantage.
- Experience in coordinating a team or a functional area is an advantage.
- Possession of ARM, FRM, or other relevant professional certifications is desirable.
What We Offer
- Meaningful Work: Opportunity to contribute to the Company’s success by participating in decision-making processes and driving positive change.
- A Team That Grows Together: Opportunity to work in a professional, supportive, and collaborative team environment.
- Continuous Development Opportunities: Access to a wide range of learning and development opportunities to enhance your knowledge, skills, and professional experience.
- A Trust-Based Work Environment: A workplace where your ideas are valued, your initiatives are encouraged, and your professional growth is supported.
*Only candidates who meet the initial selection criteria will be contacted.