Serendib Microinsurance Plc., one of the subsidiary companies of LOLC Holdings Plc, obtained the license from the Insurance Regulator of Cambodia in December 2020.  Currently, we are looking for a qualified and dynamic candidate to fulfill the following position:

Job Summary:

The Senior Risk Officer is responsible for designing and implementing risk management policies and procedures for the SMI. The role ensures that sound risk management processes are in place and functioning across all operations, identifying internal and external risks, evaluating their impact, and supporting compliance with regulatory requirements.

Key Responsibilities:

• Assist in preparing risk management strategies and policies for underwriting, claims, investments, and operational activities.
• Submit strategies and policies for approval and monitor their implementation.
• Update the Risk Management Manual and recommend measures to mitigate emerging risks.
• Ensure compliance with the Risk Management Manual across all departments.
• Conduct risk assessments to identify underwriting risk, claims risk, investment risk, operational risk, and regulatory risk.
• Identify risk owners, set mitigating controls, quantify potential losses, and monitor implementation.
• Draft reports with assessments, lessons learned, and recommendations for improvement.
• Prepare monthly risk reports for senior management and the Board of Directors.
• Review internal controls to ensure effective operations, reliable reporting, and compliance with insurance regulations
• Evaluate risks from major changes and address key issues from audits and regulatory reports requiring capacity building
• Develop risk-awareness training and support policy reviews for underwriting, claims, and investments.
• Assist in developing tools and processes to control fraud, operational risk, and compliance breaches.
• Continuously evaluate the independence and effectiveness of the company’s risk management function.
• Perform any other duties assigned by the Chief Executive Officer.

Competency Requirements:

• Bachelor’s degree in Risk Management, Finance, Economics or related fields.
• At least 2-year work experiences in insurance company, financial services preferably in operations, risk, and audit capacity.
• Strongly initiative and critical thinking to analyze the existing and potential risks.
• Willingness to travel to support the operations and staff training at provinces.
• Be honest, high commitment and good team work spirit.

How to Apply:

Please submit your Cover Latter, CV and relevant documents to heard offiice of LOLC (Cambodia) Plc. or via email: info@serendib.com.kh, 096 9881 881 / 081 600 116 / 096 4211 999