About FWD Group

FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information, please visit www.fwd.com

PT FWD Insurance Indonesia ("FWD Insurance"), a joint-venture insurance company and a part of FWD Group, previously known as PT Commonwealth Life, has successfully merged with PT FWD Life Indonesia ("FWD Life") as of 1 December 2020 and will be known as FWD Insurance.

The merger of FWD Life and FWD Insurance has led to a more comprehensive range of products, including unit-linked insurance, individual & group term life insurance, individual & group personal accident insurance, and group medical insurance through technology driven-distributions such as agency, bancassurance, e-commerce, and corporate.

FWD Insurance is registered and supervised under Otoritas Jasa Keuangan ("OJK").

FWD Insurance is a member of Indonesia Financial Services Alternative Dispute Resolution Center.
Operational Risk Management Assistant Manager is responsible for implementing and maintaining the Operational Risk Management and Internal Control program fat FWDII to align with the Enterprise Risk Management Framework, Risk Appetite Framework, Enterprise Risk Management Policy & compliance with all regulations, including supporting the establishment of strong Risk Culture.
KEY ACCOUNTABILITIES (by priority)

• Lead and coordinate operational risk analysis in line with the Operational Risk Framework e.g., thematic reviews, quarterly risk reviews and validation of operational risk.
• Responsible to monitor changes in laws, regulations, and Group best practices that could impact operational risk management and updating related policies and procedures and to comply with any changes/ updates, including socialize to all stakeholder
• Facilitate, challenge, and provide advisory to the first line with relative operational risk assessment process that involving any potential risks associated with current or future operations.
• Responsible for operational risk reporting, including the coordination with other respective PIC. The report to be provided to the BOD, Risk Committee, DPS, OJK and Group Risk
• Coordinate, challenge and provide advisory with related PIC for annual operational risk register review and ensure alignment with the Company business plan for the decision of Company Top Risk.
• Responsible for monitoring the trend of company top risk and facilitating regular monitoring session including discussing the progress of mitigation action - operational risk related.
• Facilitate and provide advisory on company policies/procedures review ensure adherence to the Company Governance Document Standard
• Responsible for any incident escalation to management and Group, including but not limited to monitor and analyse the risk events / incidents
• Provide business process assessment to identify areas of potential improvement or weakness to enhance internal control in operational risk management related within the company
• Conducting regular training sessions on operational risk management best practices for employees within departments that are most exposed to risk