Chief Risk Officer

IDEX Consulting; London; On-site; GBP 120,000 - 180,000; Full time

Job summary

A private equity-backed firm is seeking a Chief Risk Officer to lead risk strategy and optimize underwriting performance across a growing network of MGAs. This newly created executive role offers an opportunity to innovate and drive profitable growth while enhancing relationships with global insurers. Ideal candidates will have a strong actuarial background and a proven record in scaling businesses successfully.

Qualifications

• Experience in risk management, underwriting, actuarial science, or portfolio oversight.
• Proven track record in PE-backed businesses that have scaled globally.
• Expertise in portfolio analytics and pricing models.

Responsibilities

• Shape the risk strategy across multiple product lines and territories.
• Optimize underwriting portfolio performance and ensure profitable growth.
• Lead actuarial and data science teams to enhance predictive modeling.

Skills

Risk management

Underwriting

Actuarial science

Portfolio oversight

Strategic mindset

Education

FSA, FCAS, or equivalent

Job description

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Are you a dynamic risk leader with experience scaling PE-backed insurance businesses? Do you thrive in a fast-paced, entrepreneurial environment where you can shape risk strategy, underwriting performance, and global expansion? If so, this could be your next big move.

About the Business

Our client have a strong backing from private equity, they're are rapidly expanding their global footprint and building a world-class portfolio of underwriting businesses. As they scale, they need a Chief Risk Officer (CRO) to drive risk strategy, product innovation, and portfolio profitability across the growing network of MGAs.

The Opportunity

This is a newly created, executive leadership role, offering the chance to work closely with the portfolio MGAs, underwriting teams, and capacity providers. You'll take ownership of:

• Shaping the risk strategy across multiple product lines and territories.
• Optimising underwriting portfolio performance and ensuring profitable growth.
• Leading actuarial and data science teams to enhance predictive modelling and AI-driven underwriting.
• Strengthening relationships with global insurers and reinsurance partners to align risk appetite and capacity.
• Playing a key role in M&A transactions, leading actuarial diligence and portfolio optimisation.

What We're Looking For

• Experience in risk management, underwriting, actuarial science, or portfolio oversight within an MGA, insurer, or reinsurer.
• Proven track record in PE-backed businesses that have scaled globally.
• Expertise in portfolio analytics, pricing models, and emerging risk trends.
• Actuarial background (FSA, FCAS, or equivalent) highly preferred.
• A strategic mindset with the ability to influence senior stakeholders and drive commercial success.
• A passion for innovation, data-driven decision-making, and AI-enhanced underwriting.