Key Skills

Job Description

Are you an experienced risk leader who combines strategic thinking with a strong sense of ownership? Do you enjoy working in an international environment where risk management is a true business enabler? We are looking for a Chief Risk Officer who will lead our global risk management function, bringing deep expertise, sound judgment, and a forward-looking mindset. This is a unique opportunity to shape the risk strategy of an established reinsurer while supporting sustainable growth and transformation. Take the next step in your career and help us shape the future of risk at VIG Re. Your tasks Lead the global risk management function (second line of defence) in a well-established, A+ rated reinsurer Shape and execute the enterprise risk strategy, including risk appetite, governance frameworks, and ORSA Act as a strategic advisor to the Board and senior leadership on risk, capital and strategic decisions Drive forward-looking risk insights, including stress testing, scenario analysis, and ESG-related risks Partner closely with underwriting, investments, and operations to enable risk-informed decision-making Represent VIG Re in interactions with regulators and rating agencies (e.g., CNB, EIOPA, S&P, AM Best) Lead and develop a high-performing international risk team What we expect 10+ years of experience in (re)insurance risk management, ideally within a Solvency II environment Strong expertise across underwriting, market, credit, and operational risks Proven experience with ORSA, internal models, and capital management Strong regulatory knowledge and experience dealing with supervisory authorities and rating agencies Strategic mindset with the ability to balance risk, innovation, and business growth Excellent analytical, communication, and stakeholder management skills in an international setting Leadership experience with a track record of building and developing teams Master’s degree in a relevant field; professional certifications (e.g., FRM, CFA, Actuarial) are a plus Business fluency in English What we offer A key leadership role with high visibility and impact in an international reinsurance company Opportunity to shape risk strategy and contribute to strategic transformation and innovation initiatives Collaborative and diverse work environment across Prague, Munich, and Paris Strong backing of Vienna Insurance Group and access to a broad international network Competitive compensation package and development opportunities

Core Responsibilities

Lead VIG Re’s global second-line risk management function and shape its enterprise risk strategy, governance, risk appetite, and ORSA. Advise the Board and senior leaders on risk, capital, and strategic decisions; develop forward-looking risk analysis; engage with business teams, regulators, and rating agencies; and lead the international risk team.

Requirements

Requires 10 or more years of experience in (re)insurance risk management, ideally in a Solvency II environment, with expertise in major risk categories, ORSA, internal models, capital management, and regulatory engagement. Candidates should have strategic and analytical strengths, international stakeholder and team leadership experience, a relevant master’s degree, and business-fluent English; FRM, CFA, or actuarial certifications are advantageous.

Benefits

• Competitive Compensation Package
• Development Opportunities
• Collaborative and Diverse Work Environment
• International Network