Risk Analytics Manager Job Vacancy in Maun, Botswana – Insurance

Job Description

Position:Risk Analytics Manager

Company:Old Mutual Botswana

Location:Maun, Botswana

Experience:5+ years in risk analytics, insurance sector

Education:Bachelor’s degree in Statistics, Actuarial Science, or related field

Employment Type:Full-time

Industry:Insurance

Department:Risk Management

Salary:SSP 1,500,000 – 2,500,000 per annum

Vacancies:1

Company Overview

Old Mutual Botswana is a leading provider of comprehensive insurance and financial solutions across Southern Africa. With a strong heritage dating back over a century, the company delivers innovative products that protect individuals, families, and businesses. Operating from its headquarters in Gaborone and regional offices such as Maun, Old Mutual Botswana is committed to fostering sustainable growth, community development, and exceptional customer service. As part of a global network, the firm brings international best practices to the local market, creating a dynamic environment for professionals seeking career advancement. This role contributes directly to the company’s mission of delivering reliable risk management solutions, making it an attractive opportunity for those searching for Botswana Jobs and looking to make a meaningful impact.

Job Overview

The Risk Analytics Manager will lead the development and implementation of advanced analytical models to assess, monitor, and mitigate insurance risks. Reporting to the Head of Risk Management, you will collaborate with actuarial, underwriting, and claims teams to provide data‑driven insights that support strategic decision‑making. This position plays a pivotal role in enhancing the company’s risk appetite framework and ensuring regulatory compliance. For more information about Old Mutual Botswana and its commitment to excellence, visit the official site at https://botswanajobsearch.com/. The role is central to the organization’s growth strategy and offers a platform for professional development within a forward‑thinking insurance environment.

Key Responsibilities

• Design, develop, and validate predictive risk models using statistical and machine‑learning techniques.
• Analyze large datasets to identify emerging risk trends and recommend mitigation strategies.
• Collaborate with underwriting and actuarial teams to integrate analytical insights into product pricing and policy terms.
• Prepare comprehensive risk reports for senior management and regulatory bodies.
• Monitor model performance and conduct periodic reviews to ensure accuracy and relevance.
• Lead a team of junior analysts, providing mentorship and technical guidance.
• Support the development of the enterprise risk management framework.

Required Skills

• Proficiency in statistical software such as R, Python, or SAS.
• Strong knowledge of insurance products, underwriting processes, and regulatory requirements.
• Experience with data visualization tools (e.g., Tableau, Power BI).
• Excellent analytical thinking and problem‑solving abilities.
• Effective communication skills for presenting complex findings to non‑technical stakeholders.
• Project management experience and ability to meet tight deadlines.

Education

A Bachelor’s degree in Statistics, Actuarial Science, Mathematics, Economics, or a related quantitative discipline is required. Advanced certifications such as FRM, CFA, or a Master’s degree are advantageous and demonstrate a commitment to professional growth.

Experience

Applicants must have a minimum of five years of hands‑on experience in risk analytics within the insurance sector. Prior exposure to model development, data mining, and regulatory reporting is essential. Experience leading analytical teams or projects will be considered a strong asset.

Salary

The compensation package ranges from SSP 1,500,000 to SSP 2,500,000 annually, commensurate with experience and qualifications. The package includes performance‑based bonuses and other incentives aligned with company objectives.

Benefits

• Comprehensive health and life insurance coverage.
• Retirement savings plan with employer contributions.
• Generous paid leave, including annual, sick, and parental leave.
• Professional development allowance for certifications and training.
• Employee assistance program and wellness initiatives.

Training

• On‑boarding program covering company policies, risk management frameworks, and technical tools.
• Continuous learning opportunities through workshops, webinars, and industry conferences.
• Mentorship from senior risk leaders and access to global knowledge resources.

Working Environment

The role is based in Maun, offering a vibrant workplace that blends modern office facilities with the unique cultural backdrop of the Okavango Delta region. Employees enjoy a collaborative atmosphere, flexible working arrangements, and a supportive leadership team that values innovation and work‑life balance.

Application Process

Interested candidates should submit their updated CV and a cover letter outlining relevant experience through the online portal on the company’s career page. Applications will be reviewed on a rolling basis, and shortlisted candidates will be contacted for interviews. Ensure your application highlights how your skills align with the responsibilities and requirements outlined above.

Equal Opportunity Statement

Old Mutual Botswana is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status. This commitment supports our goal of fostering a workplace that reflects the communities we serve and promotes equal employment opportunities across Botswana.