Risk Management Analyst Job Vacancy in Piggs Peak, Eswatini – Insurance

Job Description

Position: Risk Management Analyst

Company: Old Mutual Eswatini

Location: Piggs Peak, Eswatini

Experience: 2-4 years in risk analysis or related finance roles

Education: Bachelor’s degree in Finance, Economics, Risk Management or related field

Employment Type: Full-time

Industry: Insurance

Department: Risk Management

Salary: SSP 15,000 – SSP 25,000 per month

Vacancies:1

Company Overview

Old Mutual Eswatini is a leading provider of insurance and financial services across Southern Africa. With a legacy of more than a century, the company delivers innovative risk solutions, life and health coverage, and wealth management products to individuals and businesses. Operating from a network of branches and digital platforms, Old Mutual is committed to sustainable growth, community development, and financial inclusion. The firm’s strong brand reputation and customer‑centric approach make it a top choice for professionals seeking rewarding careers in the insurance sector. As part of its expansion strategy, Old Mutual continues to invest in talent, technology, and best‑in‑class risk management practices, creating a dynamic environment for career advancement. This role contributes directly to the company’s mission of protecting assets and supporting economic stability throughout Eswatini.

Job Overview

The Risk Management Analyst will support the Risk Management Department by identifying, assessing, and monitoring financial and operational risks associated with insurance products and business processes. Working closely with underwriters, actuaries, and senior managers, the analyst will develop risk models, produce analytical reports, and recommend mitigation strategies. This position offers a unique opportunity to influence strategic decisions, enhance underwriting profitability, and ensure regulatory compliance. Candidates will gain exposure to a broad range of insurance lines, advanced analytics tools, and a collaborative culture that values continuous improvement. For more information about the company and its career opportunities, visit Eswatini Job Search. This role is a key component of Old Mutual’s commitment to hiring in Eswatini and expanding its talent pool.

Key Responsibilities

• Analyze insurance portfolios to identify emerging risk trends and potential loss exposures.
• Develop and maintain quantitative risk models using statistical software and Excel.
• Prepare detailed risk assessment reports for senior management and regulatory bodies.
• Collaborate with underwriting teams to refine pricing strategies based on risk insights.
• Monitor compliance with local insurance regulations and internal risk policies.
• Assist in the development of risk mitigation plans and contingency strategies.
• Participate in cross‑functional projects to improve data quality and reporting processes.

Required Skills

• Strong analytical and quantitative abilities with proficiency in Excel, PowerBI or similar tools.
• Knowledge of insurance products, underwriting processes, and regulatory frameworks.
• Excellent written and verbal communication skills for report preparation and stakeholder engagement.
• Ability to work independently and as part of a multidisciplinary team.
• Attention to detail and strong problem‑solving mindset.
• Familiarity with statistical software such as R, SAS, or Python is an advantage.

Education

A Bachelor’s degree in Finance, Economics, Risk Management, Actuarial Science, or a related discipline is required. Professional certifications such as FRM (Financial Risk Manager) or actuarial qualifications are considered a plus and demonstrate a commitment to the field.

Experience

Applicants should have 2‑4 years of experience in risk analysis, insurance underwriting support, or financial modeling. Experience within an insurance or financial services environment in Eswatini or the broader Southern African region is highly valued.

Salary

The position offers a competitive salary range of SSP 15,000 to SSP 25,000 per month, commensurate with experience and qualifications. Performance‑based bonuses and annual reviews are part of the compensation package.

Benefits

• Comprehensive health and life insurance coverage.
• Retirement savings plan with employer contributions.
• Paid annual leave and statutory holidays.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.
• Opportunities for career progression within a regional insurance leader.

Training

• On‑boarding program covering Old Mutual’s risk framework and systems.
• Access to internal e‑learning platforms for continuous skill enhancement.
• Mentorship from senior risk analysts and actuaries.
• Workshops on advanced analytics, data visualization, and regulatory updates.
• Support for external certifications such as FRM or actuarial exams.

Working Environment

Old Mutual Eswatini provides a modern office setting in Piggs Peak equipped with collaborative workspaces, meeting rooms, and secure data infrastructure. The company promotes a culture of inclusion, innovation, and ethical conduct. Employees enjoy flexible working arrangements, a supportive leadership team, and a focus on work‑life balance. As part of a forward‑thinking organization, staff are encouraged to share ideas, participate in community outreach, and contribute to sustainability initiatives.

Application Process

Interested candidates should submit an online application through the Old Mutual careers portal, attaching a current resume and a cover letter outlining relevant experience and motivation for the role. Applications will be reviewed on a rolling basis, and shortlisted applicants will be invited for a virtual interview followed by an on‑site assessment. Successful candidates will receive a formal offer outlining terms of employment.

Equal Opportunity Statement

Old Mutual Eswatini is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees, regardless of gender, race, religion, age, disability, or sexual orientation. Our recruitment practices are designed to ensure fairness and transparency, supporting the goal of hiring in Eswatini and fostering career growth for all talent.