Dr Reddy's Laboratories Limited logo
Specialist -Risk & Insurance
full-timeHyderabad

Summary

Location

Hyderabad

Type

full-time

Explore Jobs

About this role

Company Description

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.

"

Job Description

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

    Qualifications:

    • CA / CMA / MBA (Finance) / B.Tech with Risk Management specialization
    • Preferred certifications: FRM, IRM, ISO 31000 Lead Risk Manager
  • Job Family: Legal, Compliance & Audit
  • Sub Job Family: Internal Audit
  • Preferred type of working: On-Premise
  • Years of Experience: 3 - 6
  • Business unit: Corporate
  • Other facts

    Tech stack
    Enterprise Risk Management,Risk Assessment,Analytical Skills,Modeling Skills,Stakeholder Management,Presentation Skills,Cross-Functional Initiatives,Regulatory Compliance,Risk Appetite,KRI Dashboard,Scenario Analysis,Stress Testing,Emerging Risks,Governance,Data Analytics,ISO 31000

    About Dr Reddy's Laboratories Limited

    Established in 1984, we are a global pharmaceutical company headquartered in Hyderabad, India. Driven by our purpose of ‘Good Health Can’t Wait’, we work to provide access to affordable and innovative medicines. We offer a portfolio of products and services including APIs, generics, branded generics, biosimilars and OTC. Our major markets include USA, India, Russia & CIS countries, China, Brazil and Europe. As a company with a history of deep science that has led to several industry firsts, we continue to plan ahead and invest in future growth drivers such as access to novel molecules, digital therapeutics and consumer healthcare. As an early adopter of sustainability and ESG actions, we released our first Sustainability Report in 2004. Our current ESG goals aim to set the bar high in environmental stewardship; access and affordability for patients; diversity; and governance. For more information, log on to: www.drreddys.com.

    Caution Notice: Dr. Reddy's has been made aware of candidates receiving fraudulent job opportunities from unauthorised recruiting agencies or people impersonating Dr. Reddy's leaders. These fraudulent jobs may be advertised on employment sites or mimic our careers site and company email addresses. Please know that Dr. Reddy's Laboratories has no affiliation or connection to these situations. Dr. Reddy's (and its associated/group companies) follows a formal recruitment process through its own HR department. Please report immediately in case you suspect a fraudulent job. You may raise your concern by:
    Accessing https://drreddys.ethicspoint.com. 
    Calling on the hotline number. List of hotline numbers are available in https://drreddys.ethicspoint.com. The hotline is available 24x7 in multiple languages. 
    Writing to [email protected] or [email protected].

    For our community guidelines on LinkedIn, please visit: https://shorturl.at/LTvNZ

    Team size: 10,001+ employees
    LinkedIn: Visit
    Industry: Pharmaceutical Manufacturing
    Founding Year: 1984

    What you'll do

    • The role involves steering enterprise risk management initiatives and enhancing ERM policies and governance. Key tasks include conducting risk assessments, defining risk appetite metrics, and engaging stakeholders through risk workshops.

    Ready to join Dr Reddy's Laboratories Limited?

    Take the next step in your career journey

    Frequently Asked Questions

    What does a Specialist -Risk & Insurance do at Dr Reddy's Laboratories Limited?

    As a Specialist -Risk & Insurance at Dr Reddy's Laboratories Limited, you will: the role involves steering enterprise risk management initiatives and enhancing ERM policies and governance. Key tasks include conducting risk assessments, defining risk appetite metrics, and engaging stakeholders through risk workshops..

    Why join Dr Reddy's Laboratories Limited as a Specialist -Risk & Insurance?

    Dr Reddy's Laboratories Limited is a leading Pharmaceutical Manufacturing company.

    Is the Specialist -Risk & Insurance position at Dr Reddy's Laboratories Limited remote?

    The Specialist -Risk & Insurance position at Dr Reddy's Laboratories Limited is based in Hyderabad, India. Contact the company through Clera for specific work arrangement details.

    How do I apply for the Specialist -Risk & Insurance position at Dr Reddy's Laboratories Limited?

    You can apply for the Specialist -Risk & Insurance position at Dr Reddy's Laboratories Limited directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Dr Reddy's Laboratories Limited on their website.