保険リスク管理担当

About the role

PayPay is seeking a dedicated and experienced professional to join our risk management team within T&D Financial Life. This role is essential for establishing, maintaining, and enhancing the risk management framework necessary for a life insurance company to operate safely and soundly. You will be responsible for monitoring various types of risks, including underwriting, asset-liability management, liquidity, credit, and operational risks, ensuring compliance with relevant regulations and internal policies. Collaboration with multiple departments such as actuarial, asset management, product development, and accounting is a key aspect of this position. The successful candidate will play a vital role in supporting the company's stability and regulatory compliance, contributing to the development of risk management strategies and reporting processes.

Key facts

What you'll do

• Develop, implement, and operate the risk management framework specifically designed for the life insurance business, ensuring it aligns with regulatory requirements and internal standards.
• Monitor and analyze underwriting risks, assessing the potential impact on the company's financial health and operational stability.
• Conduct asset-liability management (ALM) analysis to optimize the balance between assets and liabilities, minimizing risks related to interest rate fluctuations and market movements.
• Evaluate liquidity risks to ensure the company maintains sufficient cash flow and liquid assets to meet obligations.
• Assess credit risks associated with counterparties, investments, and other financial transactions to prevent potential losses.
• Monitor operational risks that could arise from internal processes, systems, or external events, and implement mitigation strategies.
• Review and analyze risk factors related to reserves, ensuring compliance with solvency regulations and economic value-based standards.
• Conduct Own Risk and Solvency Assessment (ORSA) processes, preparing detailed reports and providing insights to senior management.
• Collaborate with asset management, actuarial, product, and accounting teams to gather relevant data, assess risks, and develop mitigation strategies.
• Establish, update, and oversee risk management policies, procedures, and monitoring indicators to ensure ongoing compliance and risk control.
• Prepare and maintain documentation related to risk management activities, including reports for internal use and regulatory submissions.
• Coordinate with the parent company's risk management team to ensure alignment with group-wide policies and standards.
• Support regulatory compliance efforts by preparing documentation and reports required by authorities such as the Financial Services Agency.
• Participate in internal audits and risk assessments, providing necessary information and support.
• Contribute to the development of risk management tools and methodologies to improve risk assessment accuracy.
• Provide training and guidance to relevant staff on risk management policies, procedures, and best practices.
• Stay updated on changes in regulations, industry standards, and best practices related to risk management in the insurance sector.
• Support the company's efforts to enhance risk awareness and culture across departments.
• Assist in the development of contingency plans and crisis management strategies to address potential risk events.
• Support the integration of risk management considerations into new product development and business initiatives.
• Contribute to the continuous improvement of risk management processes and systems to adapt to changing business conditions.

Requirements

• Minimum of 3 years of practical experience in risk management, management, actuarial science, product development, asset management, auditing, or compliance within a life insurance company or related fields.
• Strong understanding of insurance risk management frameworks, regulations, and standards.
• Proven ability to analyze complex data related to underwriting, ALM, liquidity, credit, and operational risks.
• Experience conducting ORSA processes and preparing related reports.
• Knowledge of reserves, solvency regulations, and economic value-based standards applicable to life insurance companies.
• Excellent communication skills to facilitate collaboration with internal teams and external regulators.
• Basic documentation skills to organize issues, prepare reports, and support regulatory filings.
• Proactive approach to identifying potential risks and implementing effective mitigation strategies.
• Ability to work independently and as part of a team, managing multiple priorities effectively.
• Familiarity with risk assessment tools, analytical software, and reporting systems.
• Strong organizational skills and attention to detail.
• Ability to interpret and apply regulatory requirements relevant to the insurance industry.
• Willingness to stay updated on industry trends, regulatory changes, and best practices.
• Experience working in a Japanese insurance company environment is preferred.
• Business-level proficiency in Japanese; English skills are advantageous for communication with international stakeholders.

Nice to have

• Practical experience and knowledge of underwriting risks, ALM, reserves, and solvency regulations.
• Hands-on experience in designing and managing risk management policies and monitoring key indicators.
• Experience in preparing and presenting risk assessment reports and proposals to executive management.
• Familiarity with regulatory compliance processes and documentation requirements.
• Ability to communicate effectively in English for international communication.
• Knowledge of ITAR (International Traffic in Arms Regulations) compliance is not required but advantageous.
• Experience working with regulatory authorities such as the Financial Services Agency.
• Background in developing risk management tools, models, or systems to enhance risk assessment accuracy.
• Understanding of the company's business strategy and how risk management supports corporate objectives.

Skills & tools

• Risk management frameworks and methodologies relevant to insurance.
• Analytical tools and software for risk assessment and monitoring.
• Data analysis and visualization tools.
• Documentation and reporting tools for regulatory and internal purposes.
• Knowledge of regulatory standards and compliance procedures.
• Ability to interpret financial and actuarial data related to risk.
• Familiarity with internal control systems and risk mitigation techniques.

Practical notes

• This position is for a full-time employee.
• Work is conducted in a hybrid model, with in-office attendance required based on organizational rules and job directives.
• The working hours are from 9:00 AM to 5:45 PM, with a total of 7 hours and 45 minutes of actual work time, including a 1-hour break.
• The company offers social insurance, a corporate defined contribution pension plan, and various leave options, including annual paid leave and personal leave for specific circumstances.
• Salary will be determined based on experience, skills, performance, and contributions, with annual reviews and additional compensation for overtime and night shifts.
• A portion of the salary can be received through a PayPay account, supporting digital payment options.
• The role may involve working with sensitive information subject to ITAR regulations; compliance with relevant laws is required.
• The position requires on-site work at the specified location; no remote work options are indicated.
• The company encourages continuous learning and professional development in risk management practices.
• The role involves regular interaction with regulatory authorities and internal stakeholders, emphasizing accuracy and compliance.
• Flexibility in working hours is available through the super-flex system, which does not have core hours.
• The company values proactive risk management and encourages staff to identify and address potential issues promptly.
• The position offers opportunities to contribute to the company's stability and growth through effective risk oversight.
• The salary package is competitive and reflects the candidate's experience, skills, and contributions, with potential for bonuses based on performance.
• The company promotes a collaborative work environment and values team-based problem solving.
• Candidates are expected to maintain high standards of integrity and confidentiality given the sensitive nature of risk management activities.