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Risk Management

Cholamandalam MS General Insurance Co. Ltd.

2 - 5 years

Chennai

Posted: 08/01/2026

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Job Description

Key Responsibilities:

  • Risk Identification & Assessment: Systematically identify and analyze potential internal and external threats (e.g., financial, operational, cyber, regulatory, and reputational risks) that could impact the organization's objectives.
  • Strategy Development & Implementation: Design, implement, and monitor overall risk management processes, policies, and procedures, including risk mitigation and contingency plans.
  • Monitoring & Reporting: Continuously monitor the effectiveness of existing risk controls, track key risk indicators (KRIs), and prepare detailed reports and presentations for senior management and the board of directors.
  • Compliance & Auditing: Ensure all operations comply with applicable federal, state, and local laws, industry standards (e.g., ISO 31000), and internal policies. Coordinate with internal and external auditors as needed.
  • Collaboration & Training: Partner with department heads (e.g., Finance, IT, Legal, HR) to embed risk awareness into daily operations and provide training and support to staff on risk management processes.
  • Crisis Management: Assist in drafting and refining business continuity plans to ensure organizational resilience in the event of a crisis or disruption.


Qualifications and Skills

Education

  • Minimum: Any bachelors degree in finance, economics, or a related field
  • Desired (Plus): Professional certifications like Certified Risk Manager (CRM), Financial Risk Manager (FRM) etc.


Core Competencies:

  • Strong analytical and problem-solving abilities.
  • Excellent communication and presentation skills, with the ability to explain complex information to diverse audiences.
  • Superior organizational, project management, and attention to detail skills.
  • Ability to work independently, manage multiple tasks, and make sound decisions under pressure.


Experience:

  • Proven experience in a risk management role preferably in BFSI , with a strong understanding of risk assessment and control principles.

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