First Line Risk Manager

CO1001 Corporation of Lloyd’s; United Kingdom; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance and reinsurance marketplace is seeking a First Line Risk Manager to oversee risk frameworks and enhance risk culture. This role involves collaboration with various teams, ensuring compliance, and improving the risk and control environment. Join to work with industry leaders in a flexible environment that values diversity and inclusion.

Benefits

Generous pension

Healthcare benefits

Wellbeing benefits

Flexible working arrangements

Employee recognition

Discounts

Qualifications

• Experience managing first line risk.
• Experience designing and updating governance frameworks.

Responsibilities

• Review and develop the first line risk framework across Markets.
• Monitor and support the delivery of risk actions across Markets.
• Engage regularly with Markets risk representatives.

Skills

Stakeholder management

Problem-solving

Training design

Job description

time left to apply End Date: June 10, 2025 (26 days left to apply)

job requisition id R4163

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient, and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd’s is seeking to recruit a First Line Risk Manager within Market Oversight and Delivery. This role will serve as the dedicated first line risk contact for Markets, responsible for developing, implementing, and monitoring the first line risk framework across the function, ensuring continuous improvement of the risk and control environment, and liaising with second and third line Risk teams.

Principal Accountabilities

1. Review and develop the first line risk framework across Markets, collaborating with Risk teams to ensure ongoing improvements.
2. Review individual function RCSAs, including risk and control assessments, identifying areas for improvement and implementing recommendations.
3. Support business areas in enhancing risk culture through practical assistance.
4. Monitor and support the delivery of risk actions across Markets.
5. Engage regularly with Markets risk representatives and business managers, including chairing the Risk Working Group.
6. Oversee key controls at the corporate and departmental levels.
7. Coordinate with other corporate functions on the execution and development of key controls, including the Markets Key Controls Pilot in 2025.
8. Act as the point of contact for Internal Audit, monitoring audit outcomes and actions.

Skills, Knowledge, and Experience

• Experience managing first line risk.
• Experience designing and updating governance frameworks.
• Stakeholder management experience within a regulated environment.
• Ability to interact confidently with senior stakeholders.
• Problem-solving skills.
• Capability to design and deliver clear training materials.
• Self-sufficient with good workload management skills.

Diversity and inclusion are central to us. Lloyd’s aims to create a diverse, inclusive environment reflecting the global markets we serve. We promote dignity, respect, workplace adjustments, health and wellbeing programs, training, mentoring, volunteering, and professional development opportunities. More details are available on our website.

We value work/life balance and offer flexible working arrangements, combining office and home working. Our total rewards include a generous pension, healthcare, wellbeing benefits, training support, flexible benefits allowance, employee recognition, and discounts.

Join Lloyd’s to collaborate with industry leaders, create innovative solutions, share risks, and solve complex problems.

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Note: Clicking this link does not register your application for the vacancy

About Us

Lloyd’s is committed to fostering a diverse, inclusive environment that reflects the global markets in which we operate, ensuring dignity and respect for all.

We focus on attracting top talent, developing a future-ready talent pipeline, and cultivating a culture where employees can reach their full potential, with leadership exemplifying expected behaviors.