Financial Risk Manager – 29175

The Emerald Group; City Of London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading financial services firm in London is seeking a Financial Risk Manager to join their risk management and compliance team. The role involves supporting the Chief Risk Officer in strategy development and operational oversight of financial risks. Ideal candidates should have at least 5 years of relevant experience and a Bachelor's degree in finance or related fields. The position is permanent and offers a competitive salary.

Qualifications

• Minimum of 5 years’ experience in finance, actuarial, or risk management in the general insurance market.
• Strong understanding of financial risk management methods and principles.
• Familiarity with day-to-day operations of an Insurance company.

Responsibilities

• Report to the Chief Risk Officer (CRO) and act as their delegate.
• Support the CRO in the development of the company risk management strategy.
• Deliver the annual risk management plan.
• Represent risk management function at key governance committees.
• Oversee the management of key financial risks.

Skills

Financial risk management

Actuarial principles

Risk management strategy development

Solvency II compliance

Capital modelling

Education

Bachelor’s degree in finance, economics, risk management, or related fields

Job description

Our client is currently seeking a Financial Risk Manager to join their risk management and compliance team in London. You will directly report to their Chief Risk Officer.

• Location: London
• Category: Risk
• Type: Permanent

Key Responsibilities (including but not limited to):

• Report to the CRO and act as their delegate as necessary
• Support the CRO in development of the company risk management strategy
• Support the CRO in developing and delivering the annual risk management plan
• Represent the risk management function at key governance committees
• Oversee the effective operation of the company’s management of key financial risks relating to capital, liquidity, reserves/technical provisions, investments, pricing, reinsurance etc, working with executive risk owners and senior management to assist them in meeting their responsibilities
• Bachelor’s degree or above in finance, economics, risk management, actuarial or related fields
• At least 5 years’ work experience of finance, actuarial, risk management or related work in general insurance market
• Good understanding of financial risk management methods and principles
• Broad finance, actuarial, or risk management background who is familiar with the day-to-day operations of an Insurance company
• Good knowledge of the requirements of Solvency II and capital modelling