Job Description

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

Principal Duties & Responsibilities: 

• Define and implement a progressive, achievable and measurable non-financial risk management program across all risk categories in particular financial, operational, reputational and strategic risks in addition to identification of specific components in each of these. 

• Lead the non-financial risk management program that provides framework for the Company to safeguard business interest from financial, information, technology, privacy, operational and reputational risks, business continuity, hence enhancing organisational capabilities to deliver on its business strategy.

• Ensure the appropriate structure, resources and process exist and operate effectively to identify and manage the associated risks in order to protect Prudential’s brand, integrity and reputation and manage financial exposures. This specifically incorporates key Risk Based Decision making and approval processes.

• Identify gaps in acceptable risk levels, initiate remediation efforts to reduce risk exposures and improve the effectiveness of operational processes and controls. Identify, assess and monitor operational risk and business risk exposures.

• Monitor key risk indicators of operational & business risk against appetite.

• Responsible for ensuring cohesiveness between all stakeholders to align on any gaps and updates, to ensure that PAMB complies with all applicable Group and regulatory requirements.

• Work with stakeholders to continually identify opportunities to build, enhance and further optimize the existing risk management policies, processes and solution-formulation in supporting the overall Company’s strategies.

Job Specification:   

Qualifications

• Recognized degree from reputable institution of higher learning

Experience

• Minimum 10 years related experience with supervisory role in Risk Management/ Compliance/ Audit functions, preferably in life insurance industry or financial services industry.

Knowledge           

• Legislation & regulations applicable to life insurance business and operations.

• Risk management methodologies, policies and practices.

• Current and emerging risks which could potentially affect the Company’s risk profile

• High analytical and communication skills in particular managing regulators and senior stakeholders like the Board of Directors and Senior Management.

• Proven management and leadership skills.

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.

Job Requirements