Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

At Old Mutual, we’re more than a financial services provider—we’re a purpose-driven organisation committed to Championing Mutually Positive Futures Every Day. We offer a dynamic, inclusive, and forward-thinking environment where innovation meets impact. Join us to be part of a team that values growth, collaboration, and integrity, and where your work contributes to building a safer, smarter financial ecosystem across Africa.

Old Mutual is committed to its transformation journey and this role will align to the organisation’s employment equity principles/ requirements

Role Overview

We are seeking a dynamic and experienced Senior Risk Partner to lead the governance and integration of risk management practices across the Old Mutual Group. This Line 2 role is pivotal in shaping and embedding risk governance frameworks, driving policy development, and ensuring regulatory alignment across our diverse entities. The successful candidate will bring strategic insight, technical depth, and leadership capability to elevate risk maturity and enable business resilience.

Key Result Areas

Risk Governance Leadership

Develop and implement tailored governance frameworks for each entity within the Group.

Align governance protocols with enterprise risk management strategies and regulatory expectations.

Champion best practices in governance across the Group.

Policy Stewardship

Lead the development, review, and embedding of risk-related policies.

Ensure policies meet insurance standards and regulatory requirements.

Maintain oversight of the policy lifecycle and central repository.

Regulatory Risk Reporting

Oversee the coordination and consolidation of regulatory risk reporting.

Ensure timely, accurate submissions to regulators and internal stakeholders.

Collaborate with Compliance and Legal to monitor regulatory changes and implications.

Internal Reporting

Oversee the coordination and consolidation of internal reporting to the various governance structures.

Ensure timely, accurate submissions to internal stakeholders.

Collaborate across functions to ensure an integrated view of risks is presented.

Risk Taxonomy & Classification

Design and implement a robust risk taxonomy and classification methodology.

Promote consistent risk identification and assessment across the Group.

Engage stakeholders to ensure taxonomy relevance and usability.

Governance Enablement & Integration

Drive training and change management initiatives to embed governance into business processes.

Support first-line teams in understanding and applying governance policies.

Lead the integration of the CURA risk management tool across the Group.

Team Leadership & Collaboration

Lead and mentor a team of governance specialists.

Align team objectives with Group Risk strategy and business priorities.

Foster a culture of collaboration, innovation, and continuous improvement.

Stakeholder Management

Collaborates strongly with Executive teams to ensure risks are managed appropriately.

Provides support to the Line 1 risk owners, controls owners, risk indicator owners, management action owners and risk coordinators, so they are enabled to fulfil their risk management responsibilities.

Will be required to fulfil a “Risk Partner” role.

Provides input into the quarterly review of risk profiles for functional units/entities in collaboration with other Risk CoEs and assurance providers.

Strong collaboration is required with all Risk CoEs and other Assurance providers.

Can challenge in senior forums such as Manboards and Steercom.

Qualifications, Skills and Experience:

Qualifications:

Bachelor’s degree in Risk Management, Business, Governance, Law, or related field.

8–10 years’ experience in governance, risk, or compliance roles within insurance or financial services.

Proven track record in policy development, regulatory reporting, and risk taxonomy design.

Demonstrated leadership and stakeholder engagement capabilities.

Experience:

Deep understanding of insurance governance standards and regulatory frameworks.

Strategic thinker with the ability to operationalize governance principles.

Strong communication, facilitation, and training skills.

Analytical mindset with problem-solving acumen.

Collaborative approach to partnering with Line 1 and assurance functions.

Ability to lead and inspire a high-performing team.

Personal Capability Building

As part of Old Mutual’s commitment to continuous learning and professional excellence, the incumbent is expected to:

Proactively develop personal capabilities through formal and informal training, coaching, and participation in development planning activities.

Pursue and maintain relevant external professional accreditations to enhance performance and fulfil personal potential.

Stay abreast of emerging technologies, regulatory changes, and industry best practices through ongoing education, attending conferences, and engaging with specialist media.

Excellent communication and teamwork skills.

Passion for learning and staying up to date with industry trends and technologies.

What Makes This Role Exciting

This role offers a unique opportunity to contribute to a high-impact ERM function within a leading financial services group. Key benefits include:

Exposure to diverse business areas across the insurance and financial services landscape.

Opportunities to influence strategic decisions through impactful risk insights and technology-driven solutions.

A culture that values continuous learning, innovation, and professional development.

Access to cutting-edge risk management tools, data analytics platforms, and AI-driven technologies.

A supportive team environment with strong leadership, mentorship, and cross-functional collaboration.

Skills

Adaptive Thinking, Business Requirements Analysis, Change Management, Current State Assessment, Data Compilation, Executing Plans, Oral Communications, Policies & Procedures, Policy Development, Presenting Solutions, Professional Presentation, Strategic Planning

Competencies

Builds Effective TeamsBuilds NetworksBusiness InsightCollaboratesCommunicates EffectivelyCustomer FocusEnsures AccountabilityFinancial Acumen

Education

Bachelor of Commerce (BCom): Risk Management

Closing Date

27 August 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!