Financial Risk

Job Summary – Financial Risk (Enterprise Risk Management) Location: Mumbai Reporting to: Chief Risk Officer Function: Enterprise Risk Management – Financial Risk What We’re Looking For We are looking for a financial risk professional with strong business and analytical skills. The role involves managing and reporting financial risks, ensuring compliance with regulatory and group frameworks, and supporting investment and capital-related decisions. The ideal candidate should have experience in insurance or financial services and be confident in data analysis and communication with senior stakeholders. Key Responsibilities Report financial risk exposures to regional and group risk functions. Implement and follow Generali Group’s risk policies and guidelines. Monitor and control limits under Regulatory, Group, and Risk Appetite Frameworks (RAF). Prepare risk opinions on investment proposals, capital infusion plans, and intra-group transactions. Calculate and review liquidity ratios on a periodic basis. Analyze solvency ratio changes in coordination with Finance and Actuarial teams to ensure compliance. Monitor Asset Liability Management (ALM) and review Strategic Asset Allocation (SAA). Evaluate capital needs to ensure compliance with RAF limits. Conduct credit and counterparty risk assessments. Calculate the risk margin for Solvency II reporting. Coordinate with auditors during audits and limited reviews. Prepare risk reports and presentations for leadership, steering committees, board committees, and regulatory bodies. Required Skills Strong understanding of financial and insurance risk. Practical knowledge of liquidity, solvency, ALM, and capital management. Advanced Excel and data modeling skills. Strong logical reasoning and problem-solving abilities. Excellent communication skills – both written and verbal. Experience in preparing risk-related presentations and reports for senior audiences. Ability to work cross-functionally and manage multiple stakeholders. Education & Certifications MBA in Finance or related field (preferred) Professional certifications such as CFA, FRM, or equivalent risk qualifications (preferred) 3 to 7 years of experience in Insurance, Financial Services, Actuarial, or Risk Management Diversity & Inclusion We are an equal opportunity employer and value diversity in our workforce. We believe in the uniqueness of each individual and are committed to fostering an inclusive environment where everyone can thrive. Show more Show less