Director of GRC
Confidential Government
Total des années d'expérience :11 years, 2 Mois
• Develop risk management culture in the organization
• Facilitate identification and categorization of potential risks in KSA in line with the regulatory requirements and AXA group standards.
• Evaluate and prioritize the risks based on probability matrix guidelines on potential frequencies and severities of the listed risks and maintain a risk register to be reviewed and updated annually
• Establish risk mitigation plans according to the risk characteristics and manage implementation
• Quantify the financial impact of the net risks of identified critical risks each year to be advised to the Risk Committee/ Audit Committee/ Board
• Conduct an annual review of risk management strategy and update as necessary and obtain board approval
• Document risk management procedures and policies of the company and to review and update periodically.
• Review pricing of Medical and Motor pricing and review the level of reserves and to coordinate with the external actuaries on their specific reviews on ACIC
• Set up the risk appetite framework in line with the local regulatory requirements and AXA group standards and ensure that risks are within agreed risk appetite
• Establish Key Risk Indicators and monitor on a quarterly basis
• Coordinate with the communication department on management of reputation risk
Ensured that all the process and procedures in the medical platform comply with the regulations. That includes: establishing new set of regulations to protect the company from any fraudulent processes.
Priced the medical policies. Furthermore, administrated the policies including issuing new policies or endorsing current ones.
2 years MBA program concentrated in Risk Management and Insurance. Graduated is expected to be aware of the different business fields, for instance, Accounting, Finance, Management, Economy, Statistics, and different computer programs. I've had more than half of the total hours studying Risk Management/insurance related applications. I'm scholar by the government through the whole program.
