Risk Manager

Location:
London
Job Type:
Permanent
Industry:
Business Transformation
Job reference:
BBBH149421_1640193758
Posted:
26 days ago

Risk Manager

Fenchurch Street, London

£80,000 plus full benefits

We have an exciting opportunity with one of our clients, a world leader in reinsurance. They stand for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. It operates in all lines of insurance, with more than 42,000 employees throughout the world.

Overview

As a Risk Manager, you'll have the ability to make a significant impact to the organization by supporting the digitalisation strategy of the company state-of-the-art data and MI solutions.

To support the development, implementation and embedding of a comprehensive and proportionate risk management framework and risk culture across the company, ensuring compliance with risk management requirements.


Key Responsibilities:

  • Being responsible for the development, implementation and embedding of specific components of the risk management framework and governance components; methodologies and training, as required.
  • Providing the business (1st line of defence) with effective and timely risk management (2nd line of defence) challenge and advice, representing a risk management viewpoint in business identification, measurement, management and reporting of risks and internal controls, and specifically in relation to any allocated responsibilities.
  • To support the Senior Risk Manager in the delivery of the annual risk activity and deliverables plan and communicating when departures from plan are anticipated on a timely basis.
  • Owning allocated risks in the respective entity risk register and facilitating regular risk and control assessments.
  • Designing and maintaining appropriate key risk indicators (KRIs) and triggers limits to monitor the trends in risk exposures.
  • To manage and support the on-going career development of direct reports within the risk team, including on-going continuous conversations and coaching.
  • To lead, contribute and / or deliver risk training and awareness initiatives on behalf of the Risk team as may be required.
  • To support or undertake any other risk management departmental activities as and when required by the Senior Risk Manager. Examples include Business Continuity Management / Operational Resilience.

Criteria:

  • Must have at least 7 years of risk management, internal or external audit experience with suitable qualification.
  • Must have in-depth understanding of general insurance industry, and preferably of the Lloyd's or general insurance market.
  • Broad knowledge of Solvency II and Lloyd's market is a strong advantage in order to be able to question, review and challenge Syndicate or IDC management of risks, internal control effectiveness, business processes and procedures.
  • Must have excellent report writing skills, experience of preparing reports and presentations for Senior management / Committee or Board review.
  • Focussed on completing activities to meet internal/external reporting deadlines, pragmatic solutions orientated and be conscientious with developing collaborative relationships with business stakeholders.
  • A broad understanding of the current risk management environment and awareness of key developments in risk management best.

If you're who is looking for a career working with a fantastic team please click apply now!

Risk Manager

IND_PERM_LOW

Back to Search Results