Financial Risk Manager

Edenbrook; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global specialty insurer is seeking an Insurance Recruitment Specialist in London to provide risk management expertise. This full-time position requires a mid-senior level candidate with actuarial experience and strong stakeholder management skills. The role involves supporting financial risk assessments, leading validations, and engaging with internal and external parties. The ideal candidate is part-qualified actuary with insurance expertise and proficiency in data analysis and reporting. Join this dynamic team and contribute to essential risk strategies.

Qualifications

• Experience in a Capital or Risk function within the Lloyd's market preferred.
• Proficiency in data manipulation and analytical tools.

Responsibilities

• Support oversight and risk opinions on financial-risk matters.
• Lead independent validation of internal models.
• Coordinate external consultancies for project delivery.
• Support strategic and regulatory projects.

Skills

Part-qualified or nearly qualified actuary

General insurance experience

Strong technical skills in data manipulation using Excel

Ability to design solutions for complex problems using technology

Proven ability to produce board-level reports

Excellent time-management skills

Strong stakeholder-management skills

High level of accuracy and attention to detail

Job description

Insurance Recruitment Specialist - Risk Management, Audit & Controls

Edenbrook are partnering with a leading global specialty insurer on a Financial Risk Manager opportunity.

Direct message the job poster from Edenbrook.

Responsibilities

• Support the Head of ERM by providing challenge, oversight, and risk opinions on financial-risk matters including capital, reserving, product design and pricing, exposure management, business planning, solvency, and climate-related issues.
• Lead the independent validation of the internal model to meet Lloyd’s and PRA requirements; perform annual parameterisation reviews and updates for operational risk modelling.
• Coordinate and manage external consultancies in the delivery of projects.
• Contribute to the development, implementation, and embedding of risk appetite statements and related metrics.
• Support Risk and Control Self Assessments (RCSA) for financial-risk areas, including emerging and climate-related risks.
• Support production of the Own Risk and Solvency Assessment (ORSA), including coordination of stress and scenario testing.
• Represent the financial risk function at relevant committees and sub-committees.
• Build strong working relationships with internal stakeholders and external advisors.
• Support strategic and regulatory projects, regulatory reporting, and responses to regulatory enquiries.
• Maintain up-to-date knowledge of technical developments, regulations, and professional guidance, and deepen understanding of the business and its strategy.
• Assist with other Legal, Risk, and Compliance activities as required.

Knowledge and Skills

• Part-qualified or nearly qualified actuary with general insurance experience.
• Experience within the Lloyd’s market in a Capital or Risk function (preferred).
• Strong technical skills in data manipulation using Excel and analytical tools; ability to design solutions for complex problems using technology.
• Proven ability to produce board-level reports and communicate complex topics to varied audiences.
• Excellent time-management skills and ability to handle competing priorities.
• Effective collaborator across functions such as Underwriting, Claims, and Finance, with strong stakeholder-management skills.
• High level of accuracy, attention to detail, and a diligent working approach.

Seniority Level

Mid-Senior level

Employment Type

Full-time

Job Function

Other

Industry

Insurance

Location: London, England, United Kingdom