Group Enterprise Risk Manager

Canopius; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading global specialty lines (re)insurer is seeking a Group Enterprise Risk Manager to enhance their risk management function. The role involves ensuring effective risk governance, regulatory compliance, and strategic risk oversight while advocating for innovation in risk processes. The ideal candidate will have extensive experience in the insurance sector and strong analytical and communication skills.

Benefits

Hybrid working

Competitive base salary

Non-contributory pension

Discretionary bonus

Health insurance

Dental cover

Qualifications

• Extensive experience in risk management within the insurance sector.
• Ability to convey complex matters to senior stakeholders.

Responsibilities

• Provide leadership and guidance to implement risk and control framework.
• Support leadership in identifying key risks to strategic objectives.
• Develop high-quality risk reports for senior leadership and Board.

Skills

Analytical

Communication

Leadership

Planning

Tools

MS Office

Job description

Job Description

The Role

This Group Enterprise Risk Manager will support and enhance the Group Enterprise Risk Management (ERM) function within a growing (re)insurance firm. Reporting directly to the Head of ERM, the successful candidate will play a crucial role in ensuring effective risk governance, regulatory compliance, and strategic risk oversight.

The role also involves maintaining a robust and regulatory compliant risk framework, embedding a strong risk culture throughout the business, and supporting the articulation of risk appetite statements and tolerances and horizon scanning and assessment of emerging / evolving risks to the organisation. The ideal candidate will have extensive experience in risk management within the insurance sector, strong analytical and communication skills, and the ability to convey complex matters to senior stakeholders. Additionally, we seek someone who will advocate for and drives innovation and efficiencies in risk management processes and enhancements in risk analysis using risk system and tools available.

Key Responsibilities

• Provide leadership and guidance to business and risk colleagues to implement the evolving risk and control framework.
• Support leadership in identifying key risks to the organisation’s strategic objectives.
• Work with the business to identify, assess, and report on risks, and develop risk mitigation activities, processes, and controls to support a strong risk management culture.
• Design, implement, and maintain a comprehensive risk register for the relevant group/business unit.
• Facilitate Risk and Control Self-Assessments (RCSAs) and conduct in-depth risk deep dives, through stakeholder workshops and desktop reviews, as needed.
• Support the business in the reporting, investigation, and root cause analysis of risk events materialising.
• Analyse risk management information on trends and themes to support management decisions and actions.
• Lead the development and delivery of high-quality risk reports, this could include Own Risk and Solvency Assessment (ORSA) and CRO reports for senior leadership and Board level.
• Maintain and develop a robust, coherent, and regulatory compliant risk framework suitable for a Group/business unit matrix organisation, including clear risk taxonomy, risk roles & responsibilities, governance and feedback loops.
• Horizon scanning and oversee high-quality emerging risk reporting and maintain an effective emerging risk framework across Canopius.
• Provide risk training for audience of various levels within the organisation.
• Support senior leadership in the articulation of risk appetite statements and tolerances appropriate for the organisation’s strategic objectives and work with the business to develop Key Risk Indicators (KRIs) for monitoring risk appetite.
  
  

Skills And Experience

• Previous working experience in a second line risk management department within the Lloyd's / London Insurance Market.
• Proven experience in the practical implementation of a risk framework (including supporting processes) in a global business, identifying gaps or areas of improvement, and leading/delivering risk management remediation actions.
• Ability to understand and analyse complex and interrelated business and risk processes and information, and have a big picture view of the risks and implications on what matters most to the organisation.
• Clearly and coherently convey complex findings or themes for a comprehensive view of risk management across the organisation to senior leadership, the Board, and external stakeholders.
• Experience with Risk Management Information System implementation projects and efficiencies in risk management processes and analysis enhancements using risk systems and tools available
• Strong planning, analytical (including attention to detail), written communication, and presentation skills, with proficiency in MS Office, including MS Excel (Macros, V-Lookups, and Pivot tables)
• Experience with stakeholder engagement at various levels of the organisation to encourage collaboration, share knowledge, and facilitate the adoption of risk management best practices.
  
  

Our Benefits

ABOUT US

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.