Design and implement an overall risk management process for the Agency
Explore and analyze Agency key performance indicators/metrics and identify risk trends to be incorporated into Agency’s risk register
Gather risk-related data from internal and external resources and conduct analyses to identify, validate, and report emerging risks for consideration and follow-up
Facilitate risk workshops in order to evaluate and quantify risks and develop appropriate risk mitigation strategies and action plans
Conduct reviews to assess control environments to help develop additional controls and audit programs to assist with the execution of risk mitigations plans
Educate and train other units in the concepts and international best practices of ERM in order to promote risk awareness and effective risk management within the Agency.
Create business continuity plans to limit risks
Prepare and collate monthly risk reporting to the Actuarial Manager Risk and Regulation Compliance.
Conduct policy and compliance audits, which will include liaising with internal and external auditors and facilitate review of ERM program for verification and certification purposes.
Liaise closely with the other departments in order to ensure proper escalation of business area risks to the Agency risk register
Prepare, maintain and communicate detailed risk management policies and processes including the risk control self-assessment process
Assist in the annual review of the risk management policy in preparation for Board sign off, communicating amendments to business areas as required
Monitoring the implementation of action plans to address key risks on the risk and control self-assessments/risk registers.