Head of Financial Risk – 27529

As their Head of Prudential Risk you will be responsible for ensuring that there is a fit for purpose, comprehensive, efficient and effective insurance, credit, capital, market, model and liquidity risk framework and procedures.

• Location: Remote
• Category: Non-life Actuarial
• Type: Permanent

Key duties (including, but not limited to):

• Leading the risk business partnering team, liaising as appropriate with the Heads of Enterprise Risk and Conduct Risk
• With the Head of Enterprise Risk, ensuring that there is a clearly articulated and approved framework for risk appetite, and appropriate prudential and financial risk appetite statements that support senior management decision making and formation of strategy
• Enabling employees to have a sound understanding of the Enterprise Risk Management framework as it is relevant to their individual roles through formal training, informal discussion, online tools, policies and guidance documents
• Working closely with the Compliance function to ensure Conduct Risk is sufficiently embedded within the enterprise risk management framework
• Working closely with the Head of Enterprise Risk and other Risk leaders to ensure that the enterprise risk management framework is appropriately tailored
• Qualified actuary (FIA)
• Risk management qualification (CERA or IRM)
• Risk and capital (standard formula and USPs) – calculations and reporting
• Modelling and model governance
• External Environment & wider market knowledge
• Data quality assurance, review and validation
• Data, data storage, data governance
• Insurance Claims, Pricing and financial management