135 Risk Assessment jobs in Manama

• Conduct in-depth analysis of complex datasets to identify emerging risks and trends within the insurance industry.
• Develop, validate, and implement sophisticated risk assessment models and methodologies.
• Collaborate with underwriting, claims, and product development teams to provide insights and recommendations for risk management strategies.
• Monitor and assess the effectiveness of existing risk controls and recommend improvements.
• Prepare detailed reports and presentations on risk exposures, findings, and mitigation plans for senior management and regulatory bodies.
• Stay abreast of industry best practices, regulatory changes, and emerging risk management technologies.
• Mentor junior analysts and contribute to the continuous improvement of risk assessment processes and tools.
• Ensure compliance with all relevant industry regulations and internal policies.

• Bachelor's degree in Actuarial Science, Statistics, Mathematics, Economics, Finance, or a related quantitative field. A Master's degree is a plus.
• Professional designation such as Associate (or Fellow) of the Casualty Actuarial Society (ACAS/FCAS) or Society of Actuaries (ASA/FSA) is highly preferred.
• Minimum of 5 years of progressive experience in risk management, actuarial analysis, or a related field within the insurance industry.
• Proficiency in statistical modeling software (e.g., R, Python, SAS) and advanced Excel skills.
• Strong understanding of insurance products, underwriting principles, and claims processes.
• Excellent analytical, quantitative, and critical thinking skills.
• Exceptional written and verbal communication skills, with the ability to explain complex concepts to diverse audiences.
• Proven ability to work independently and manage multiple projects simultaneously in a remote environment.
• Experience with regulatory frameworks such as Solvency II or IFRS 17 is advantageous.

• Conduct comprehensive analysis of market trends, economic indicators, and competitor activities to identify emerging risks.
• Develop and refine complex statistical models to quantify risk exposure and predict potential losses.
• Collaborate with underwriting teams to set appropriate pricing strategies and policy terms based on risk assessments.
• Prepare detailed reports and presentations for senior management, outlining risk profiles, mitigation strategies, and recommendations.
• Monitor and analyze portfolio performance to ensure alignment with risk appetite and regulatory requirements.
• Stay abreast of industry best practices, regulatory changes, and technological advancements in risk management.
• Mentor junior analysts and foster a culture of continuous learning and improvement within the risk assessment department.
• Contribute to the development and implementation of new risk management frameworks and tools.
• Effectively communicate complex risk concepts to non-technical stakeholders across various departments.
• Ensure compliance with all relevant local and international insurance regulations.

• Master's degree in Finance, Economics, Statistics, Mathematics, or a related quantitative field.
• A minimum of 5 years of progressive experience in risk management, actuarial science, or quantitative analysis within the insurance industry.
• Proven expertise in statistical modeling, data analysis, and risk assessment methodologies.
• Proficiency in programming languages such as Python or R, and experience with data visualization tools.
• Strong understanding of insurance products, underwriting principles, and financial markets.
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional written and verbal communication skills, with the ability to present complex information clearly and concisely.
• Demonstrated ability to work independently and collaboratively in a remote environment.
• Familiarity with regulatory frameworks such as Solvency II is a plus.
• Proven track record of successfully managing multiple projects and deadlines.

• Performing complex actuarial analyses to evaluate the financial impact of various risks, including mortality, morbidity, and economic factors.
• Developing, validating, and implementing pricing models for new and existing insurance products.
• Analyzing loss data and reserving methodologies to ensure adequate financial provisions.
• Conducting experience studies and trend analyses to inform product development and pricing strategies.
• Assisting in the preparation of regulatory filings and ensuring compliance with industry standards.
• Collaborating with underwriting, product development, and claims departments to provide actuarial support and insights.
• Building and maintaining actuarial models and databases.
• Presenting findings and recommendations to senior management and other stakeholders.
• Staying current with actuarial best practices, regulatory changes, and industry developments.
• Potentially supervising and mentoring junior actuarial staff.

• Lead the development and maintenance of actuarial models for pricing, reserving, and risk assessment.
• Analyze insurance data to identify trends, evaluate risk factors, and forecast potential losses.
• Perform in-depth reserve analyses and provide recommendations for reserve adequacy.
• Develop and refine pricing strategies for new and existing insurance products.
• Ensure compliance with all relevant actuarial standards and regulatory requirements.
• Mentor and guide junior actuaries, fostering their professional development.
• Collaborate with underwriting, claims, and finance departments to provide actuarial expertise.
• Present complex actuarial findings and recommendations to senior management and stakeholders.
• Stay abreast of industry developments, new technologies, and regulatory changes affecting actuarial practice.

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
• Fellow of the Society of Actuaries (FSA) or equivalent designation highly preferred.
• Minimum of 8 years of progressive experience in actuarial roles within the insurance industry.
• Proven expertise in risk modeling, pricing, and reserving techniques.
• Strong knowledge of insurance products, market dynamics, and regulatory environments.
• Advanced proficiency in statistical software and programming languages (e.g., R, Python, SQL).
• Excellent analytical, problem-solving, and critical thinking skills.
• Exceptional communication and presentation skills, with the ability to explain complex concepts clearly.
• Demonstrated leadership and team management capabilities.

• Analyze insurance applications and associated documentation to assess risk exposure.
• Determine the eligibility of applicants and the terms and conditions of insurance policies.
• Calculate and quote insurance premiums based on risk assessment, actuarial data, and company guidelines.
• Review and interpret financial statements, medical reports, and other relevant documentation.
• Maintain an in-depth knowledge of insurance products, market trends, and regulatory requirements.
• Develop and maintain strong relationships with brokers, agents, and clients.
• Provide guidance and mentorship to junior underwriters.
• Contribute to the development and refinement of underwriting policies and procedures.
• Identify opportunities to improve underwriting processes and efficiency.
• Ensure compliance with all relevant laws and regulations.

• Bachelor's degree in Finance, Economics, Business Administration, or a related field.
• Minimum of 5 years of experience in insurance underwriting, with a specialization in a specific line of business (e.g., property, casualty, life).
• Proven ability to accurately assess complex risks and make sound underwriting decisions.
• Strong analytical, problem-solving, and decision-making skills.
• Excellent understanding of insurance principles, financial markets, and risk management techniques.
• Proficiency in underwriting software and data analysis tools.
• Strong communication and negotiation skills.
• Ability to work independently and manage a high workload effectively.
• Professional designations such as CPCU, AU, or similar are highly desirable.
• Commitment to continuous learning and professional development.

• Underwriting complex risks across various lines of insurance, including but not limited to property, casualty, or specialty insurance.
• Accurately assessing and pricing risks to ensure profitability and competitiveness.
• Developing and applying underwriting guidelines and policies.
• Reviewing and analyzing applications, financial reports, and other pertinent documentation.
• Collaborating with brokers and agents to gather necessary information and negotiate terms.
• Making sound underwriting decisions based on comprehensive risk analysis.
• Identifying potential fraud and implementing appropriate mitigation strategies.
• Monitoring portfolio performance and identifying trends or emerging risks.
• Mentoring and training junior underwriters, sharing expertise and best practices in a virtual setting.
• Staying informed about market conditions, regulatory changes, and industry best practices.

• Analyze and underwrite complex insurance applications, assessing risk factors and determining appropriate coverage terms and pricing.
• Develop and implement underwriting strategies and guidelines to ensure consistency and profitability.
• Collaborate with brokers and agents to understand client needs and provide expert guidance on risk management.
• Conduct thorough reviews of financial statements, loss history, and other relevant documentation.
• Monitor portfolio performance and identify trends or potential issues.
• Provide technical expertise and mentorship to junior underwriters and support staff.
• Stay current with industry regulations, market trends, and emerging risks.
• Participate in the development of new insurance products and programs.
• Utilize underwriting software and tools to streamline the assessment process.
• Contribute to the overall strategic direction of the underwriting department.

We're Hiring: Risk Management Analyst

Location: Bahrain |Investment Sector |3–5 Years’ Experience

On behalf of one of our leading clients in Bahrain, we’re seeking a detail-orientedRisk Management Analyst to join a high-performing investment team. Reporting to the Chief Audit Officer, the ideal candidate will have experience in risk modelling, portfolio analysis, and cross-functional collaboration.

Key Responsibilities:

• Analyse market, credit, operational & liquidity risks
• Conduct stress testing and scenario analysis
• Develop and maintain risk models (e.g., VaR, Monte Carlo)
• Collaborate with audit, investment, and finance teams
• Support scenario analysis and regulatory compliance efforts
• Support internal/external audits and reporting

Skills

What You’ll Need:

• Degree in Finance, Economics, Mathematics, Statistics, or related field
• 3–5 years of relevant experience in risk, investment, or financial analysis
• Proficiency in Excel and risk assessment tools
• Knowledge of capital markets, regulatory frameworks (e.g. MiFID, DORA), and investment strategies
• CFA, FRM, or ACCA certification is an advantage
• Fluent in Arabic and English (spoken and written)

Interested candidates can send their CV

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