Senior Manager - Financial Risk

Posted 10 Days Ago
Be an Early Applicant
Sydney, New South Wales
Senior level
Insurance
The Role
The Senior Manager - Financial Risk will oversee TAL's financial risks, manage risk policies, and provide risk and compliance advice. The role involves collaborating with business and actuarial teams to enhance risk governance and oversee product sustainability. It includes leading the design and implementation of key risk frameworks and presenting outcomes to senior management and committees.
Summary Generated by Built In

Company Description

Welcome to This Australian Life.

From the millions of Australians we protect, to those that make it happen every day at TAL, people really are what we’re all about. We want to grow with you. Achieve with you. And support you to do your best work. That's why we're focused on developing leadership, promoting diversity, rewarding excellence, and retaining great talent. 

We're always looking for people who want to go further with us. People who do what’s right, aim high, and work smart. Why not see where we can go? 

Job Description

As part of the Line 2 Risk Office, you will work in a diverse and varied capacity to continue to uplift risk management capabilities at TAL.
This role is responsible for the oversight of TAL’s financial risks including the management of the Risk Appetite Statement, ICAAP Summary Statement, Recovery Plan and other risk policies and frameworks. You will work closely with business and actuarial teams to
provide advice and oversight to strengthen financial and insurance risk governance and play a key role in overseeing product sustainability for TAL’s existing and new businesses.

  • Provide risk and compliance advice, insights and challenge to support the embedment of the Risk Management Framework with a focus on financial risks.
  • Lead the design, implementation and maintenance of the Risk Appetite Statement and the Recovery Plan.
  • Partner with the Capital team to enhance and challenge the Internal Capital Adequacy Assessment Process (ICAAP) framework.
  • Provide insights and coordinate the development of stress scenarios.
  • Establish strong relationships with business stakeholders to embed and increase awareness of the Risk Management Framework.
  • Provide risk advice on projects relating to the financial risk portfolio.
  • Conduct reviews on emerging risks and other focus areas.
  • Present the outcomes of reviews to senior management and at Board or committee meetings.
  • Provide guidance and support to direct report and other members of the broader Risk Office.

Qualifications

  • At least 5-8 years experience working in a financial risk related role.
  • Relevant academic qualifications e.g. university degree, actuarial qualification.
  • Analytical thinking and willingness to investigate complex issues.
  • Takes initiative to critically assess and facilitate change to continually enhance the Risk Management Framework.
  • Excellent stakeholder engagement skills.
  • Proficient with Microsoft Word, PowerPoint, and Excel.
  • Experience within the life insurance sector is desirable.
  • Familiarity with life insurance prudential requirements and capital standards.
  • Strong verbal and written communication skills.
  • This role provides diverse exposure to many areas across TAL’s business with opportunities to grow and develop within the Risk Office and also more broadly in other functions across TAL.

You’re always accountable for your actions. You never give up. You strive to find the best outcomes for customers and partners. And you value working together to find the best solutions for problems.

As part of the recruitment process, there are a number of checks which may be conducted to demonstrate your eligibility for a role at TAL including Criminal History, Bankruptcy, Entitlement to Work, Regulatory and Reference Checks. 

Additional Information

At TAL we value diversity in all its forms and are committed to fostering an inclusive and equitable culture for all our people. We encourage Aboriginal and Torres Strait Islander people, individuals from all backgrounds, including those with caring responsibilities, people living with disability, and individuals from the CALD and LGBTQI+ communities to apply. Even if you don’t check every box in the criteria above, we encourage you to apply today or get in touch with us here.

To provide you with the best experience, we can accommodate you at any stage of the recruitment process. Simply inform our Recruitment team at any time.

TAL is recognised by the Workplace Gender Equality Agency as an Employer of Choice. We are proud to be a member of Diversity Council Australia and the Australian Network on Disability. For information on our reconciliation journey, take a look at our Innovate Reconciliation Action Plan.

We acknowledge the Traditional Custodians of the Land in which our Head Office is based, the land of the Gadigal people of the Eora Nation, and recognise their deep connections to the land, sea, and culture.
We extend this acknowledgment to the many Traditional Lands that we operate across and pay our respects to Elders past, present, and emerging. 

#LI-Hybrid 

Everyone at TAL has a responsibility to do the right thing and is accountable for the way they conduct themselves. Our expectations are that you follow the principles set out in our Code of Conduct when you come to work every day. Risk management is everyone’s responsibility.

If you are already a TAL employee please apply via the SmartRecruiters button in Workday and navigate to the Employee Portal. This is important to ensure that your application is recorded accurately.

The Company
HQ: Sydney, NSW
2,450 Employees
On-site Workplace

What We Do

TAL is one of Australia's leading life insurance specialists*. For over 150 years, TAL has been protecting people, not things. Together with its partners, TAL insures more than 5 million customers and offers life insurance through the following channels: direct to consumer; through a financial adviser; and via group and workplace superannuation schemes. TAL is part of the Dai-ichi Life Group, one of the world’s largest insurance groups.

*Based on customer covers in force across Group, Retail and Direct and may include duplicate lives insured.

House rules
Please find our social community guidelines here: https://www.tal.com.au/disclaimer

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