224 Risk Assessment jobs in Manama
Senior Risk Assessment Specialist
20421 Ghuraifa, Capital
BHD75000 Annually
WhatJobs
Posted 13 days ago
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Job Description
Our client is seeking a highly experienced Senior Risk Assessment Specialist to join their dynamic team in Jidhafs, Capital, BH . This role is pivotal in identifying, analyzing, and mitigating potential risks across various business operations. The ideal candidate will possess a deep understanding of insurance frameworks, regulatory compliance, and risk management methodologies. You will be responsible for developing and implementing robust risk assessment strategies, conducting regular audits, and presenting comprehensive risk reports to senior management. Your expertise will be crucial in safeguarding the company's assets and ensuring business continuity. This hybrid role offers a blend of in-office collaboration and remote flexibility, allowing for a balanced work-life integration. Responsibilities include:
- Conducting in-depth risk assessments for new and existing insurance products and business ventures.
- Developing and refining risk models and methodologies.
- Monitoring market trends and regulatory changes to proactively identify emerging risks.
- Collaborating with cross-functional teams to implement risk mitigation strategies.
- Preparing detailed reports and presentations on risk exposure and mitigation plans.
- Ensuring compliance with all relevant industry regulations and internal policies.
- Providing training and guidance to junior staff on risk management best practices.
- Maintaining up-to-date knowledge of industry best practices and emerging risks.
- Bachelor's degree in Finance, Economics, Actuarial Science, or a related field. A Master's degree is a plus.
- Minimum of 5-7 years of experience in risk management, preferably within the insurance sector.
- Proven experience with risk assessment tools and software.
- Strong analytical and problem-solving skills.
- Excellent communication, presentation, and interpersonal skills.
- Familiarity with Bahraini insurance regulations and compliance requirements.
- Ability to work independently and as part of a team in a hybrid work environment.
- Professional certifications such as CRISC, PRMIA, or equivalent are highly desirable.
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0
Lead Actuarial Analyst - Risk Assessment
33333 Seef, Capital
BHD7500 Annually
WhatJobs
Posted 18 days ago
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Job Description
Our client, a prominent insurance provider, is seeking a highly skilled Lead Actuarial Analyst to join their dynamic team. This pivotal role, focusing on risk assessment and pricing strategies, will be based remotely, offering significant flexibility. The ideal candidate will leverage advanced analytical techniques and actuarial models to evaluate insurance risks, develop pricing structures, and ensure the financial stability of the company's products. Responsibilities encompass developing, validating, and implementing actuarial models for pricing, reserving, and forecasting; analyzing complex datasets to identify trends and insights related to risk and profitability; collaborating with underwriting and product development teams to design and price new insurance products; performing financial projections and sensitivity analyses; preparing actuarial reports and presenting findings to senior management and regulatory bodies; ensuring compliance with all relevant actuarial standards and regulations; mentoring junior actuarial staff and contributing to their professional development; staying current with industry best practices and emerging actuarial methodologies. A Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field is required. Progress towards or attainment of actuarial designations (e.g., FSA, ACAS) is strongly preferred. A minimum of 6 years of actuarial experience within the insurance industry is essential, with demonstrated experience in risk assessment and product pricing. Proficiency in actuarial software and statistical analysis tools is a must. This is a fully remote position, allowing the successful candidate to work from anywhere, while contributing to the strategic financial health of our client's insurance operations. Exceptional analytical, problem-solving, and communication skills are required.
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1
Senior Insurance Underwriter - Risk Assessment
00973 Seef, Capital
BHD85000 Annually
WhatJobs
Posted 21 days ago
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Job Description
Our client, a prominent insurance provider, is looking for an experienced Senior Insurance Underwriter to join their expanding, fully remote team. This pivotal role involves assessing and managing insurance risks to determine policy eligibility, coverage terms, and premium rates for complex commercial accounts. You will be responsible for analyzing financial statements, loss histories, and other relevant data to make informed underwriting decisions. This position requires a thorough understanding of insurance principles, regulatory requirements, and market trends. You will work independently, leveraging your expertise to provide accurate risk assessments and contribute to the company's profitability and growth. The ideal candidate will have a strong analytical mindset, exceptional attention to detail, and the ability to interpret complex information. You must possess excellent decision-making skills and a proven track record in underwriting, preferably within commercial lines of insurance. A bachelor's degree in finance, economics, business administration, or a related field is required. Professional designations such as CPCU (Chartered Property Casualty Underwriter) or equivalent are highly desirable. This remote role demands superior communication and negotiation skills, as you will interact with brokers, agents, and internal stakeholders. You must be self-disciplined, highly organized, and adept at managing a high-volume workload with accuracy and efficiency. If you are a seasoned underwriting professional seeking a challenging and flexible remote opportunity with a reputable organization, we invite you to apply. Our client offers a competitive salary, comprehensive benefits, and opportunities for professional development.
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2
Senior Insurance Underwriter - Risk Assessment
1006 Manama, Capital
BHD90000 Annually
WhatJobs
Posted 21 days ago
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Job Description
Our client is seeking a highly analytical and experienced Senior Insurance Underwriter to join their esteemed team in a fully remote capacity. This role is crucial for evaluating and assessing insurance risks, determining policy terms and conditions, and ensuring profitability for the company. You will leverage your deep understanding of insurance products, actuarial principles, and market trends to make informed underwriting decisions. The ability to conduct thorough risk analysis and communicate findings effectively through virtual channels is paramount.
Key Responsibilities:
The ideal candidate will possess strong analytical, critical thinking, and decision-making skills, along with excellent communication and interpersonal abilities. A proven track record in insurance underwriting is essential. This remote role offers the flexibility to work from home while contributing to the financial health of the organization. The primary geographical focus for this role is Manama, Capital, BH .
Key Responsibilities:
- Evaluate complex insurance applications to assess risks and determine insurability.
- Develop and apply underwriting guidelines and pricing strategies to ensure competitive and profitable policies.
- Analyze financial statements, loss history, and other relevant data to accurately gauge risk exposure.
- Collaborate with agents, brokers, and clients to gather necessary information and clarify policy details.
- Make recommendations for policy terms, conditions, and coverage limits.
- Work closely with claims and actuarial departments to refine underwriting processes and pricing models.
- Monitor the performance of underwriting portfolios and identify trends or areas for improvement.
- Stay updated on industry regulations, market changes, and emerging risks.
- Mentor and guide junior underwriters, providing training and technical support.
- Develop and maintain strong relationships with internal and external stakeholders.
- Ensure compliance with all regulatory requirements and company policies.
- Prepare reports and present findings on underwriting performance and risk assessments.
- Utilize underwriting software and tools to streamline the application and analysis process.
The ideal candidate will possess strong analytical, critical thinking, and decision-making skills, along with excellent communication and interpersonal abilities. A proven track record in insurance underwriting is essential. This remote role offers the flexibility to work from home while contributing to the financial health of the organization. The primary geographical focus for this role is Manama, Capital, BH .
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3
Senior Actuarial Analyst - Risk Assessment
7000 Bilad Al Qadeem, Capital
BHD90000 Annually
WhatJobs
Posted 21 days ago
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Job Description
Our client, a leading insurance provider, is seeking a highly skilled and analytical Senior Actuarial Analyst to join their growing team. This role is based in our office in **Tubli, Capital, BH**, and requires an on-site presence to facilitate close collaboration with business units and senior management. The successful candidate will play a critical role in assessing and managing financial risks, developing pricing models, and ensuring the solvency and profitability of our insurance products. This is an exciting opportunity to contribute to strategic decision-making within the insurance sector and develop advanced actuarial expertise.
Key Responsibilities:
The ideal candidate will possess a Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field. Progress towards or completion of actuarial exams (e.g., SOA or CAS) is highly desirable. A minimum of 5 years of experience in the insurance industry, with a strong focus on pricing, reserving, or risk management, is required. Proficiency in actuarial software and programming languages (e.g., SAS, R, Python, SQL) is essential, along with advanced Excel skills. Strong analytical, problem-solving, and communication skills are crucial for success in this role. You will need to be detail-oriented, possess excellent organizational skills, and be capable of working independently as well as part of a team. This role offers significant professional growth opportunities within a stable and respected organization.
Key Responsibilities:
- 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.
The ideal candidate will possess a Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field. Progress towards or completion of actuarial exams (e.g., SOA or CAS) is highly desirable. A minimum of 5 years of experience in the insurance industry, with a strong focus on pricing, reserving, or risk management, is required. Proficiency in actuarial software and programming languages (e.g., SAS, R, Python, SQL) is essential, along with advanced Excel skills. Strong analytical, problem-solving, and communication skills are crucial for success in this role. You will need to be detail-oriented, possess excellent organizational skills, and be capable of working independently as well as part of a team. This role offers significant professional growth opportunities within a stable and respected organization.
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4
Remote Senior Insurance Underwriter - Risk Assessment
98765 Ghuraifa, Capital
BHD110000 Annually
WhatJobs
Posted 16 days ago
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Job Description
Our client, a distinguished insurance provider, is seeking a highly experienced Senior Insurance Underwriter to join their entirely remote team. This critical role involves evaluating and pricing complex insurance risks to ensure profitability and financial stability for the company. The Senior Underwriter will be responsible for assessing a wide range of insurance applications, determining coverage terms, and setting appropriate premiums for commercial and individual policies.
You will conduct thorough risk assessments by analyzing financial statements, loss histories, operational procedures, and other relevant data to identify potential hazards and exposures. This requires a deep understanding of insurance principles, regulations, and market trends. The Senior Underwriter will utilize sophisticated underwriting tools and models, exercising sound judgment to make informed decisions on risk acceptance or rejection. A significant aspect of the role involves developing and maintaining strong relationships with insurance brokers and agents, providing expert guidance on policy terms and underwriting guidelines.
Furthermore, you will contribute to the development and refinement of underwriting policies and procedures, ensuring alignment with the company's strategic objectives and risk appetite. This position demands exceptional analytical skills, meticulous attention to detail, and the ability to communicate complex risk assessments clearly and concisely. The successful candidate will be a proactive problem-solver, capable of working independently and managing a demanding workload within a remote work environment. We are looking for a seasoned professional who can uphold the highest standards of underwriting excellence while contributing to the growth and success of the organization through expert risk management.
Key Responsibilities:
Qualifications:
You will conduct thorough risk assessments by analyzing financial statements, loss histories, operational procedures, and other relevant data to identify potential hazards and exposures. This requires a deep understanding of insurance principles, regulations, and market trends. The Senior Underwriter will utilize sophisticated underwriting tools and models, exercising sound judgment to make informed decisions on risk acceptance or rejection. A significant aspect of the role involves developing and maintaining strong relationships with insurance brokers and agents, providing expert guidance on policy terms and underwriting guidelines.
Furthermore, you will contribute to the development and refinement of underwriting policies and procedures, ensuring alignment with the company's strategic objectives and risk appetite. This position demands exceptional analytical skills, meticulous attention to detail, and the ability to communicate complex risk assessments clearly and concisely. The successful candidate will be a proactive problem-solver, capable of working independently and managing a demanding workload within a remote work environment. We are looking for a seasoned professional who can uphold the highest standards of underwriting excellence while contributing to the growth and success of the organization through expert risk management.
Key Responsibilities:
- Evaluate and underwrite complex insurance applications across various lines of business.
- Assess risks, determine coverage terms, conditions, and pricing (premiums).
- Analyze financial data, loss history, and operational information to make sound underwriting decisions.
- Develop and maintain strong relationships with brokers, agents, and clients.
- Ensure compliance with all regulatory requirements and internal underwriting guidelines.
- Contribute to the development and refinement of underwriting policies and procedures.
- Provide technical guidance and mentorship to junior underwriters.
- Stay informed about industry trends, market changes, and emerging risks.
- Prepare reports and present findings on risk assessments and portfolio performance.
Qualifications:
- Bachelor's degree in Finance, Economics, Business Administration, or a related field. Advanced degree or relevant professional designations (e.g., CPCU, AU) highly desirable.
- Minimum of 7 years of progressive experience in insurance underwriting.
- Demonstrated expertise in commercial lines of insurance (e.g., General Liability, Property, Workers' Compensation).
- Strong analytical, quantitative, and critical thinking skills.
- Proficiency in using underwriting software and financial analysis tools.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to work independently, manage time effectively, and make informed decisions in a remote setting.
- Deep understanding of insurance principles, regulations, and risk management.
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5
Senior Insurance Underwriter - Remote Risk Assessment
701 Al Muharraq
BHD80000 Annually
WhatJobs
Posted 21 days ago
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Job Description
Our client, a reputable insurance provider, is seeking a seasoned Senior Insurance Underwriter to join their team in Sitra, Capital, BH . This role requires a meticulous professional with extensive experience in risk assessment and policy evaluation across various insurance lines. The candidate will be responsible for evaluating complex insurance applications, determining risk exposure, and setting appropriate premium rates. This position offers a hybrid work model, balancing remote flexibility with essential in-office collaboration. You will analyze financial statements, medical records, property assessments, and other relevant documentation to make informed underwriting decisions. The ideal candidate possesses a strong understanding of insurance regulations, market trends, and risk management principles. Responsibilities include developing and maintaining underwriting guidelines, mentoring junior underwriters, and collaborating with agents and brokers to ensure accurate risk information is obtained. You will also be involved in identifying opportunities for process improvements and contributing to the overall profitability of the underwriting department. A keen analytical mind, exceptional attention to detail, and strong decision-making skills are crucial. This role requires the ability to communicate complex underwriting decisions clearly and professionally to internal and external stakeholders. The ability to stay abreast of emerging risks and adapt underwriting strategies accordingly is vital. We are looking for a proactive individual who can independently manage a significant caseload while contributing to team objectives. Strong negotiation and problem-solving skills will be an asset.
Key Responsibilities:
Qualifications:
Key Responsibilities:
- Evaluate and underwrite complex insurance applications for various lines of business.
- Analyze risk factors, including financial stability, property conditions, and historical data.
- Determine appropriate premium rates and policy terms based on risk assessment.
- Develop and enforce underwriting policies and guidelines.
- Mentor and train junior underwriters, providing guidance and support.
- Collaborate with agents, brokers, and clients to gather necessary information and explain underwriting decisions.
- Identify and assess emerging risks and industry trends.
- Contribute to the development and refinement of underwriting tools and systems.
- Ensure compliance with all relevant insurance regulations and company standards.
- Propose strategies to improve underwriting efficiency and profitability.
Qualifications:
- Bachelor's degree in Finance, Business Administration, Economics, or a related field.
- Minimum of 5-7 years of experience in insurance underwriting, with a specialization in specific lines (e.g., property, casualty, life).
- Proven track record of sound risk assessment and decision-making.
- In-depth knowledge of insurance products, regulations, and market dynamics.
- Strong analytical, quantitative, and problem-solving skills.
- Excellent communication, negotiation, and interpersonal skills.
- Professional designations (e.g., CPCU, AU) are a significant advantage.
- Ability to work effectively in a hybrid remote and office environment.
- Proficiency in underwriting software and standard office applications.
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6
Senior Process Safety Engineer - HAZOP & Risk Assessment
7890 Jidd Haffs, Northern
BHD140000 Annually
WhatJobs
Posted 2 days ago
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Job Description
Our client, a prominent leader in the Oil & Gas industry, is seeking a highly experienced Senior Process Safety Engineer. This vital role is situated at our state-of-the-art facility in Tubli, Capital, BH , and requires a dedicated, full-time, on-site presence. You will be responsible for ensuring the highest standards of process safety across all operational units, focusing on hazard identification, risk assessment, and the implementation of robust safety management systems. Your expertise will be crucial in safeguarding personnel, assets, and the environment by minimizing process-related risks. The successful candidate will demonstrate a deep understanding of process safety principles, regulations, and best practices.
Key Responsibilities:
Key Responsibilities:
- Lead and facilitate Process Hazard Analyses (PHAs), including HAZOP, LOPA, and FMEA studies.
- Develop and implement comprehensive Process Safety Management (PSM) programs.
- Conduct risk assessments and develop mitigation strategies for identified process hazards.
- Ensure compliance with local and international process safety regulations and industry standards (e.g., OSHA PSM, AIChE CCPS).
- Develop and review Safety Integrity Level (SIL) assessments and ensure appropriate safeguards are in place.
- Oversee incident investigations related to process safety events, identify root causes, and implement corrective actions.
- Develop and deliver process safety training to operational personnel.
- Review engineering designs and modifications to ensure process safety requirements are met.
- Manage and maintain process safety documentation, including safety procedures and emergency response plans.
- Conduct regular safety audits and inspections of facilities and operations.
- Promote a strong safety culture throughout the organization.
- Stay abreast of emerging trends and technologies in process safety engineering.
- Bachelor's degree in Chemical Engineering, Mechanical Engineering, or a related discipline.
- A minimum of 10 years of experience in process safety engineering, preferably within the Oil & Gas or petrochemical industry.
- Proven experience in leading and facilitating HAZOP studies and other risk assessment methodologies.
- In-depth knowledge of Process Safety Management (PSM) elements and their application.
- Strong understanding of safety regulations and standards relevant to the industry.
- Excellent analytical, problem-solving, and decision-making skills.
- Effective communication and interpersonal skills, with the ability to influence and collaborate with diverse teams.
- Experience in incident investigation and root cause analysis.
- Relevant professional certifications (e.g., CSP, CFPS) are highly desirable.
- Must possess the legal right to work in Bahrain.
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7
Senior Risk Management Specialist
206 Seef, Capital
BHD75000 Annually
WhatJobs
Posted 5 days ago
Job Viewed
Job Description
Our client, a prominent financial institution, is seeking a highly skilled and experienced Senior Risk Management Specialist to join our team in Seef, Capital, BH . This role offers a hybrid work model, combining the benefits of remote flexibility with essential in-office collaboration. The specialist will be instrumental in identifying, assessing, and mitigating a wide range of risks across the organization, ensuring compliance with regulatory requirements and safeguarding the company's assets and reputation. This position demands a proactive approach to risk management, a deep understanding of financial markets, and the ability to develop and implement effective risk mitigation strategies.
Responsibilities include:
The ideal candidate will hold a Bachelor's degree in Finance, Economics, Statistics, or a related field, with advanced certifications such as FRM or PRM being highly desirable. A minimum of 7 years of progressive experience in risk management, preferably within the banking or financial services sector, is essential. Demonstrated experience in credit risk, market risk, operational risk, and regulatory compliance is required. Strong analytical, problem-solving, and decision-making skills are paramount. Excellent communication, interpersonal, and negotiation skills are necessary to effectively interact with stakeholders at all levels. Proficiency in risk management software and tools is expected. This hybrid role requires a commitment to regular in-office presence in Seef, Capital, BH .
Responsibilities include:
- Developing and implementing comprehensive risk management frameworks and policies.
- Conducting thorough risk assessments for new products, services, and business initiatives.
- Monitoring and analyzing key risk indicators (KRIs) and implementing corrective actions as needed.
- Collaborating with various departments, including operations, compliance, and IT, to integrate risk management principles into daily activities.
- Preparing detailed risk reports and presentations for senior management and regulatory bodies.
- Staying up-to-date with evolving regulatory landscapes and industry best practices in risk management.
- Designing and delivering risk management training programs to employees.
- Managing the company's business continuity and disaster recovery planning.
- Investigating and reporting on risk incidents, and recommending preventative measures.
- Contributing to the continuous improvement of the risk management function.
The ideal candidate will hold a Bachelor's degree in Finance, Economics, Statistics, or a related field, with advanced certifications such as FRM or PRM being highly desirable. A minimum of 7 years of progressive experience in risk management, preferably within the banking or financial services sector, is essential. Demonstrated experience in credit risk, market risk, operational risk, and regulatory compliance is required. Strong analytical, problem-solving, and decision-making skills are paramount. Excellent communication, interpersonal, and negotiation skills are necessary to effectively interact with stakeholders at all levels. Proficiency in risk management software and tools is expected. This hybrid role requires a commitment to regular in-office presence in Seef, Capital, BH .
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8
Senior Risk Management Analyst
2203 Manama, Capital
BHD85000 Annually
WhatJobs
Posted 12 days ago
Job Viewed
Job Description
Our client, a reputable insurance provider, is seeking a highly analytical and detail-oriented Senior Risk Management Analyst to join their team in Manama. This role is crucial for identifying, assessing, and mitigating potential risks across the organization, ensuring financial stability and regulatory compliance. The successful candidate will be responsible for developing and implementing robust risk management frameworks, conducting in-depth analyses of insurance portfolios, and providing strategic recommendations to senior management. This is an on-site position that offers significant opportunities for professional growth within a stable and dynamic industry.
Responsibilities:
Qualifications:
Responsibilities:
- Develop, implement, and maintain the company's enterprise risk management (ERM) framework.
- Identify and assess key operational, financial, strategic, and compliance risks.
- Conduct quantitative and qualitative risk assessments, including scenario analysis and stress testing.
- Analyze insurance policies, claims data, and market trends to identify potential risk exposures.
- Develop and recommend risk mitigation strategies and control measures.
- Monitor the effectiveness of implemented risk controls and recommend adjustments as needed.
- Prepare detailed risk reports and presentations for senior management and the board of directors.
- Ensure compliance with all relevant insurance regulations and industry best practices.
- Collaborate with various departments, including underwriting, claims, and finance, to integrate risk management principles.
- Stay informed about emerging risks and industry developments.
- Assist in the development and delivery of risk management training programs.
Qualifications:
- Bachelor's degree in Finance, Economics, Risk Management, Mathematics, or a related field; Master's degree or relevant professional designation (e.g., PRM, FRM, CPCU) is a plus.
- Minimum of 5 years of experience in risk management, preferably within the insurance or financial services industry.
- Strong understanding of risk assessment methodologies, statistical analysis, and financial modeling.
- Proficiency in risk management software and data analysis tools (e.g., Excel, SQL, R, Python).
- In-depth knowledge of insurance products, regulations, and market dynamics.
- Excellent analytical, problem-solving, and critical thinking skills.
- Strong written and verbal communication skills, with the ability to articulate complex risk issues clearly.
- Ability to work independently and as part of a team.
- High level of integrity and attention to detail.
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