About this role
The CompanyOur client is a leading reinsurance company within Indonesia’s state-owned enterprise ecosystem, operating under the Indonesia Financial Group. They play a critical role in strengthening the national insurance and reinsurance landscape, offering long-term career stability and opportunities for cross-entity mobility within the group. They combine institutional strength with ongoing transformation initiatives to enhance technical capabilities and governance standards.
The RoleThe Head of Compliance and Risk Management Division is responsible for planning, directing, and controlling all programs within the Compliance & Risk Management Division, including:
Implementing risk management processes and providing risk-related reports for monitoring company performance and supporting management decision-making.Managing business continuity programs to ensure critical business functions continue during normal, emergency, and post-incident conditions.Conducting risk assessments and ensuring compliance with OJK regulations.Ensuring company compliance in all operational activities and managing the Early Warning System (EWS).
ResponsibilitiesDevelop work plans and budgets for the Compliance & Risk Management Division.Ensure all processes comply with GCG, SOPs, and regulations.Manage risk analysis, mitigation strategies, and portfolio risk.Lead, coach, and develop the team.Ensure smooth operations and optimize resources.Improve systems, procedures, and workflows.Collaborate internally and externally.Oversee administrative functions.Evaluate risk management systems.
Core DutiesEnsure job descriptions and SOPs are aligned with business developments.Conduct coaching and mentoring.Act as a role model for company values (AKHLAK).Oversee compliance, reporting governance, and risk security.Approve and control division budgets.Ensure regulatory compliance across the company.Ensure compliance implementation in all activities.Report compliance and risk issues.Plan and ensure EWS runs effectively.Ensure all business units operate according to regulations.
Job ChallengesAdapting compliance and risk management to evolving regulations (especially OJK).Rapid technological changes.Constantly evolving business risks.Low awareness of compliance & BCM across the organization.
AuthorityApprove compliance & risk management reports.Propose division programs and initiatives.Approve updates to processes, job descriptions, and SOPs.Approve improvements to systems.Requirements
EducationMinimum Bachelor’s Degree Certifications: CRMP (Risk Management) Insurance certification (AAAIK / AAAIJ minimum)
Experience Minimum 5 years of relevant experience
ExperienceStrong understanding of compliance & risk management in reinsuranceStrategic planning capabilityKnowledge of compliance, risk management, and BCMAbility to implement and manage risk frameworksStrong reporting and control capabilitiesAbility to ensure system effectivenessAnalytical skills in risk strategyPresentation and communication skillsNegotiation skillsComputer proficiency (MS Office)Passive English proficiency
Character & AttitudeHigh integrity and honestyProfessional, responsible, independentStrong teamwork and communicationService-oriented mindsetRespectful and collaborative
Leadership & Managerial Skills Strong work direction Organizational capability Leadership ability Decision-making skills Relationship-building Self-control and discipline Ability to drive change High motivation
Working RelationshipsInternal Board of Commissioners Board of Directors All committees Division Heads & related units External Government institutions OJK (Financial Services Authority) Shareholders Business partners & associations