Specialist -Risk & Insurance

Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait.

We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries.

For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets).

‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfil our potential and maintain our integrity and transparency

Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.

"

This role will require experience in Steer enterprise risk management initiatives, ensuring robust governance, proactive mitigation, and alignment with strategic objectives and drive continuous improvement in risk frameworks.

Key Responsibilities:

Enterprise Risk Management

• Framework Ownership: Enhance ERM policies and governance aligned with ISO 31000/COSO.
• Strategic Risk Assessment: Conduct risk assessments, scenario analysis, and stress testing for global business units.
• Risk Appetite & Tolerance: Define and monitor risk appetite metrics; ensure alignment with management expectations.
• KRI Dashboard & Analytics: Design enterprise dashboards; leverage analytics tools for predictive insights.
• Horizon Scanning: Identify emerging risks (geopolitical, regulatory, cyber, ESG) and prepare impact assessments.
• Regulatory Disclosures: Lead risk disclosures for 20-F, Annual Report, DJSI, and sustainability filings.
• Loss Data & Benchmarking: Maintain loss repository; benchmark against peers; integrate external alerts.
• Stakeholder Engagement: Facilitate risk workshops; present heatmaps and mitigation progress to business units.

Skills & Attributes:

• Good understanding of ERM frameworks and global compliance requirements.
• Strong analytical and modeling skills (Excel, Power BI, or similar tools).
• Ability to interpret complex regulatory landscapes and emerging risk trends.
• Excellent stakeholder management and presentation skills.
• Capability to drive cross-functional initiatives.

KPIs / Performance Metrics:

• Timely completion of risk assessments and reporting.
• Accuracy and effectiveness of KRI dashboards.
• Reduction in high-risk exposures through proactive mitigation.

Qualifications:

• CA / CMA / MBA (Finance) / B.Tech with Risk Management specialization
• Preferred certifications: FRM, IRM, ISO 31000 Lead Risk Manager