Risk Specialist (Senior)

Business Unit: Discovery Life Function: Risk Management Date: 13 Aug 2026 Discovery Life

Risk Specialist (Senior)

About Discovery

Discovery’s core purpose is to make people healthier and to enhance and protect their lives. We seek out and invest in exceptional individuals who understand and support our core purpose, and whose own values align with those of Discovery. Our fast-paced and dynamic environment enables smart, self-driven people to be their best. As global thought leaders, Discovery is passionate about innovating in order to not only achieve financial success, but to ignite positive and meaningful change within our society.

About Discovery Life

Discovery Life is an ever growing fast-paced and dynamic environment that provides innovative risk assurance to individual clients. This environment thrives on customer engagement and customer experience as well as mutually beneficial relationships with our brokers and other stakeholders. It is important for our employees to provide a world class service to our internal and external clients, thereby ensuring long and sustainable relationships

Key Purpose

The key purpose is to support the risk management function in the Life and Invest business by delivering against and facilitating the risk management programme and activities.

Areas of responsibility may include but not limited to

• Consistent, on time delivery of the risk reporting requirements for the Corporate Employee Benefits
• Chairing and presenting and Risk Executive Committees.
• Stakeholder management - ensuring the accurate reporting of risk exposures within the various business functional units through regular formal engagement with management.
• Managing the risk profiles of the Group Risk and Umbrella Funds businesses to ensure the information on the profiles is up-to-date, relevant and an accurate representation of the business environment.
• Performing risk assessments as required by the risk management plan.
• Supporting the Head of Risk in delivering on the Risk Management plan for the Life licence businesses.
• Providing technical risk management support in business meetings, and risk reviews.
• Provide input into Risk Management strategy and policies.
• Promoting a strong risk management culture within the business through engagement, challenge of risk information.
• Supporting and guiding junior staff.

Education and Experience Essential:

• Matric
• BCom, BSc (Risk Management or Finance) from an accredited institution
• 5 years’ work experience in a risk management or related position

Advantageous:

• Risk Management degree
• 3 years’ work experience as a Risk Manager

Technical Skills and Knowledge Essential:

• Understanding of relevant regulations and compliance requirements applicable to the SA financial sector
• Strong analytical and communication skills
• Ability to manage projects related to risk assessment, mitigation, and compliance
• At least 3 years of insurance and/ or investment platform experience

Advantageous:

• Familiarity with risk management frameworks such as COSO, ISO 31000, or NIST.

EMPLOYMENT EQUITY

The Company’s approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply.