59 Risk Consultant jobs in South Africa

MSA Outsourcing Solutions is seeking an experienced Group Risk Consultant with a proven background as a broker in group risk benefits, specialising in Group Critical Illness, Group Income Protection, and Group Life products. The ideal candidate will have demonstrable new business experience within the UK insurance industry and be adept at both client management and business development within group risk.

Key Responsibilities :

• Develop and maintain a portfolio of group risk clients, providing expert advisory and consultancy services across Group Critical Illness, Group Income Protection, and Group Life (Death in Service) schemes.
• Manage client relationships, ensuring high retention rates and the identification of opportunities to cross-sell and up-sell additional services.
• Proactively identify and secure new business opportunities within the employee benefits and group risk market, including the preparation and delivery of tailored proposals to prospective clients.
• Deliver comprehensive market analysis and benchmarking for clients to secure competitive and relevant insurance solutions.
• Collaborate with insurers and underwriters to negotiate terms, secure quotations, and resolve policy queries.
• Advise clients on scheme design, policy terms, product changes, and claims processes, ensuring they receive clear and accurate guidance.
• Keep abreast of market trends, regulations, and product enhancements, and maintain up-to-date technical knowledge in group risk.
• Engage with clients to build strong relationships and ensure their ongoing satisfaction with our risk management services.
• Provide training and guidance to clients on risk awareness and mitigation strategies.
• Prepare reports and documentation, ensuring compliance with relevant regulatory and internal governance requirements.

Requirements

S-RM Cape Town, Western Cape, South Africa

Join to apply for the Property Risk Consultant role at S-RM

S-RM Cape Town, Western Cape, South Africa

Join to apply for the Property Risk Consultant role at S-RM

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WHO ARE WE

S-RM is a global intelligence and cyber security consultancy. Since 2005, we've helped companies, governments and private individuals solve some of their most complex challenges.

S-RM RECRUITMENT:

PROPERTY RISK CONSULTANT



WHO ARE WE

S-RM is a global intelligence and cyber security consultancy. Since 2005, we've helped companies, governments and private individuals solve some of their most complex challenges.

We've been able to do this because of our outstanding people. We're committed to developing bright, curious, enthusiastic people who want to think critically, solve complex problems, and achieve success.

But we also know that work isn't everything. It's about the lives and careers it helps us build. We're immensely proud of this culture and we invest in our people's wellbeing, learning, and ideas every day.

THE ROLE

As a Property Risk Consultant you will work closely with clients and Account Consultants to help them understand and improve their property risk. You will visit client premises of various sizes and across multiple occupancies gathering COPE data, establishing location risk quality ratings; loss estimates and developing risk improvement recommendations according to existing standards.

This is an exciting opportunity to join a global Risk Consulting team to help support our customers and give clients the ability to thrive.



Primary Responsibilities

• Conduct on-site visits (through all of Africa) of existing and prospective customers and complete comprehensive reports that evaluate hazards and controls for adequate risk selection and pricing.
• Utilise internal and external information, tools, and resources to evaluate account risk quality and communicate this evaluation to underwriting team members clearly and concisely.
• Support clients with evaluation of fire suppression systems and compliance to standards.
• Manage the scope and scale of loss prevention services delivered to a portfolio of clients, based on client expectations, underwriting requirements and service cost constraints.
• Work directly with clients to improve their property risk profile.
• Maintain strong industry relationships and strengthen this by delivering risk consulting services to prospective clients and brokers.
  
  

• Degree in Engineering (or equivalent) is strongly preferred.
• Extensive, (ideally 10+ years) experience in property loss prevention or industry.
• Extensive fire protection risk engineering experience.
• Excellent knowledge of NFPA and ASIB codes and FM data sheets.
• Broad understanding of key underwriting decision points.
• A willingness to travel.
  
  

• Excellent communication and collaboration skills.
• Strong customer relationship and negotiation skills.
• Knowledge of functionality of IT systems
• Skilled in time management and work techniques.
  
  

• 23 days holiday per year in addition to bank holidays (+1 day for every day of service up to a maximum of 28 days);
• Matching pension contribution up to 7% (up to a maximum of 14% combined), and financial education;
• Hybrid working and flexible working hours
  
  
  
  

• Fertility treatment leave – 5 days of leave per cycle of treatment per year;
• Maternity leave – 26 weeks of full pay followed by 13 weeks of half pay;
• Paternity leave – 6 weeks of full pay.
  
  

• Medical Aid and Gap Cover Policy (taxable benefit) for you and your family;
• Free access to the world-famous mindfulness app Headspace;
• EAP programme for you and your immediate family.
  
  

• A preliminary call which will be a chance for you to find out more about S-RM and the role.
• One virtual interview focused on your consulting skills and values fit.
• One virtual interview focusing on your technical skills.
• A final interview which will also be virtual discussing the role in more detail.
  
  
  
  

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Finance and Sales
• Industries Security and Investigations

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MSA Outsourcing Solutions is seeking an experienced Group Risk Consultant with a proven background as a broker in group risk benefits, specialising in Group Critical Illness, Group Income Protection, and Group Life products. The ideal candidate will have demonstrable new business experience within the UK insurance industry and be adept at both client management and business development within group risk.

Key Responsibilities:

• Develop and maintain a portfolio of group risk clients, providing expert advisory and consultancy services across Group Critical Illness, Group Income Protection, and Group Life (Death in Service) schemes
• Manage client relationships, ensuring high retention rates and the identification of opportunities to cross-sell and up-sell additional services
• Proactively identify and secure new business opportunities within the employee benefits and group risk market, including the preparation and delivery of tailored proposals to prospective clients
• Deliver comprehensive market analysis and benchmarking for clients to secure competitive and relevant insurance solutions
• Collaborate with insurers and underwriters to negotiate terms, secure quotations, and resolve policy queries
• Advise clients on scheme design, policy terms, product changes, and claims processes, ensuring they receive clear and accurate guidance
• Keep abreast of market trends, regulations, and product enhancements, and maintain up-to-date technical knowledge in group risk
• Engage with clients to build strong relationships and ensure their ongoing satisfaction with our risk management services
• Provide training and guidance to clients on risk awareness and mitigation strategies
• Prepare reports and documentation, ensuring compliance with relevant regulatory and internal governance requirements
  
  

• Proven experience as a Risk Consultant or in a similar role within the risk management or insurance industry
• Minimum five years' experience in group risk broking or consultancy within the insurance market
• Strong commercial awareness and understanding of insurance placement, policy coverage, underwriting criteria, and insurer protocols
• Excellent customer service, consulting, and communication skills (both written and verbal)
• Excellent communication and presentation skills, with the ability to convey complex information clearly
• In-depth knowledge of risk assessment methodologies and strategies
• Familiarity with regulatory frameworks and compliance related to risk management
• Strong analytical and problem-solving skills
• Familiarity with relevant industry qualifications (e.g., GR1, willingness to pursue further CII qualifications desirable)
• Ability to build and maintain client relationships effectively
• Strong organizational skills and attention to detail
• Relevant qualifications such as a degree in Risk Management, Finance, Business Administration, or related field
• Advanced knowledge of Microsoft Office applications and familiarity with CRM systems
• Professional certifications related to risk management (e.g., Certified Risk Management Professional) are highly regarded

• Develop and calibrate credit risk models, including PD, LGD, and EAD
• Validate and monitor IFRS 9 impairment and regulatory models
• Deliver portfolio credit analytics, benchmarking and peer analysis
• Create scorecards, behavioural pricing frameworks, and risk strategy models
• Contribute to audit support, regulatory compliance, and advisory engagements
• Present findings and solutions to clients in well-structured reports
• Mentor Junior Analysts and contribute to a high-performing team culture

• Undergraduate Degree in Statistics, Mathematics, Financial Engineering, Actuarial Science, Economics, Engineering, or a related field
• 35 years of relevant experience in credit risk modelling or financial services consulting
• Strong understanding of the credit lifecycle, model development processes, and IFRS 9 and Basel regulations
• Coding proficiency in SAS, R, or Python (SAS Enterprise Guide is an advantage)
• Proficient in MS Excel, Word, and PowerPoint
• Strong attention to detail, problem-solving mindset, and business acumen

• Excellent verbal and written communication skills
• The ability to work with cross-functional teams and build client relationships
• Experience mentoring or guiding junior team members
• Comfortable working in a hybrid model, balancing autonomy with collaboration
• A passion for quality, innovation, and continuous learning

• Be part of a team delivering real impact in financial services and treasury operations
• Work on challenging, high-profile projects across Africa and global markets
• Enjoy a hybrid working environment with a strong focus on flexibility and team culture
• Access career-defining learning, development, and leadership pathways
• Be part of a diverse and inclusive team that values transformation and progress