Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

This role is responsible for facilitating, co-ordinating and overseeing the implementation of the OMI risk strategy and enterprise risk management disciplines within a large and/or complex area of business, and also monitors, escalates and reports material risks, events and issues to the OMEM Risk and Actuarial Director, Chief Risk Officer or designate, with the primary objectives of contributing to the overall success and achievement of the business objectives. The incumbent is individually accountable for achieving results through staff supervised over periods of up to 3 years.

Responsibilities:

Risk Scenario Modeling

Undertake strategic and tactical risk modeling and scenario planning for business-critical decisions to support business strategy and to identify and mitigate risk in line with the risk appetite. Advise on modeling of risk scenarios to comply with the risk appetite.

Strategy Formation and Implementation

Develop the strategy for a significant area of responsibility, such as a function, anticipating complex issues, challenges and opportunities. Ensure the strategy is successfully implemented and meets medium-term business needs.

Corporate Representation

Represent the organization or institution in a variety of industry, institutional, and/or professional forums, boards and committees, in order to promote the company or institution brand or efforts. Represent the organization in external relations with investors, clients, industry, partners, the public and others. Focus is on a specific area of the organization, such as a function or department. May involve preparation of presentations and materials for professional partnering meetings, seminars and conferences.

Information and Business Advice

Provide authoritative specialist advice to the leadership team of a small or nationally based organization or subsidiary to guide the implementation of policy and the design and implementation of projects and change initiatives.

Leadership and Direction

Communicate the function's strategy and its relationship to the organization's mission, vision, and values; clarify the actions needed to implement this strategy within the area of responsibility; motivate people to commit to the mission, vision, and values and do extraordinary things to achieve the organization's business goals.

Stakeholder Engagement

Identify and manage stakeholders up to and including top management level, finding out their needs, issues, and concerns and reacting to them by leading and coordinating the development of stakeholder engagement plans to support the communication of business information and decisions.

Corporate Social Responsibility/Integrity

Manage the provision of a strategic corporate social responsibility policy and services.

Performance Management

Manage and report on the performance of the function/business area; set appropriate performance objectives for direct reports and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of annual business objectives.

Organization Structure

Define the detailed organization structure for a business area to align with corporate principles, define the relationship between elements of the organization, and define the responsibilities of senior managers, to enable the organization to achieve its business objectives.

Organizational Capability Building

Identify the capabilities needed to meet the current and emerging business needs of a significant business area. Evaluate current capabilities, identify gaps, and prioritize development activities. Motivate others to develop their capabilities and fulfill their personal potential. Build capabilities elsewhere in the organization through mentoring and other informal methods.

Corporate Strategy Shaping

Participate in the development of corporate strategy for a small local organization, applying functional expertise to test the viability of the strategy and contributing creative ideas and insights to support the strategy formation process.

Functional Strategy Formation

Lead the development and implementation of strategy for a significant area of responsibility, anticipating complex issues, challenges and opportunities and ensuring integration with wider corporate strategy.

Organizational Risk Management

Take responsibility for developing and delivering the organization's risk management and/or risk control policies and procedures.

The Recruitment Process:

TA Interview: This will be a discussion with a member of the Talent Acquisition Team to give you an understanding of our business, our culture & values and more context on the role. It will also allow us the opportunity to get to know you more and ensure OMI can meet your career aspirations.

Panel Interview: This will be with 2 members of the Senior Leadership of the Hiring Team and 1 member of the HC Leadership Team.

Technical & Psychometric Assessments: These will depend on the role and will sometimes happen concurrently with Vetting through an external service provider & Internal Verification.

Final Feedback.

All About OMI:

https://www.oldmutual.co.za/about/old-mutual-insure/

https://www.linkedin.com/posts/old-mutual-insure_i-work-at-old-mutual-insure-of-course-activity-7161674472469524483-w0j6?utm_source=share&utm_medium=member_desktop

Please note that, unfortunately, we cannot accept any applications after the closing date

Skills

Adaptive Thinking, Business Requirements Analysis, Change Management, Current State Assessment, Data Compilation, Executing Plans, Leadership, Oral Communications, Performance Management (PM), Policies & Procedures, Policy Development, Presenting Solutions, Professional Presentation, Readiness Assessments, Risk Management, Risk Models, Stakeholder Engagement, Strategic Planning, Strategy Implementation

Competencies

Balances StakeholdersBuilds Effective TeamsBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyDrives Vision and PurposeEnsures Accountability

Education

Bachelor of Commerce Honours (BCom Hons): Risk Management (Required), NQF Level 9 – Masters

Closing Date

21 July 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!