Group Risk Manager

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Howden
London
GBP 55,000 - 90,000
Be among the first applicants.
2 days ago
Job description

Who are we?

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

What is the role?

We are looking for a Group Risk Manager to join Howden’s Group Risk Team,supporting implementation of the Risk Frameworkacross the Group, drivingtransparency and consistency in risk reporting across thishigh-growth international Group at a really exciting time for the organisation.

The Group Riskteam isa 2Lod risk team within Howden and is highly visible, requiring interaction with senior stakeholders across all business divisions globally in both 1st line roles (e.g. Division CEOs / COOs) and 2nd line roles (e.g. Division CROs). Responsible for Enterprise Risk, we work closely with colleagues in Internal Controls, Compliance and Internal Audit.

The individual must be an independent, self-starter who is able to lead initiatives and collaborate with senior management constructively and effectively with a strong foundation in enterprise risk management practices and knowledge. The individual will supportthe Group Risk team, divisional Chief Risk Officers and local Risk and Compliance teams globally to develop and embed the Group risk management framework and methodologies for identifying, assessing and reporting risks.

Please note that this is a full-time, permanent role based in our Central London office.

What will you be doing?

  • Support the development and embedding of the risk management framework across the Group, including the firm's risk statements, tolerance, etc.

  • Facilitateand lead risk and control assessments across the Group engaging appropriately with senior management.

  • Lead analysis of current mitigation to key risks andemerging risks, ensuring adherence to entity risk appetite statements / tolerance.

  • Lead and contribute to reviews of risk management framework, leveragingexpertise in practical risk management implementation in financial services / insurance intermediaries / insurance carriers.

  • Lead and contribute to risk reporting for Group and Division risk committees as required.

  • Lead and contribute to risk analysis providing second line challenge to reported risk positions, working closely with Risk Owners and Group Risk colleagues.

  • Lead the processes for monitoring risk events and root cause analysisfor any control failures / control weaknessesidentified.

  • Knowledge of strategic and regulatory environments relevant to insurance intermediaries, in particular UK and US regulatory frameworks (e.g. US SOx Compliance, DORA, Operational Resilience, Third Party Risk Management, Financial Crime etc).

  • Promote a strong risk culture throughout the organisation by fostering awareness and understanding of risk management principles.

  • Work collaboratively with the business to challenge and improve processes, including as requiredrepresent Group Risk on relevant working groups tasked with successfully delivering solutions where gaps identified.

  • Attend Divisional risk committees as required and represent Group Risk.

  • Evidence people and line management expertise to develop team members.

  • Ability to work in a fast paced organisation and respond to ad hoc tasks from the Group CRO as required.

What are we looking for?

  • Proven experience in enterprise risk management within the insurance industry (preferred) or financial services sector. In depth knowledge and experience of enterprise risk and control frameworks and practical implementation within growth businesses.

  • A strong record of academic or business achievement that evidencedepth and variety of learning and development (e.g. University degree), with relevant experience in Risk Management training preferred (e.g. IRM certificate in financial services risk management).

  • Strong interpersonal skills to develop and maintain relationships with other risk managers and key stakeholders across all functions, providing valuable second-line risk input and challenge. A high degree of professionalism required.

  • Strong analytical, written communication and presentation skills to identify risk trends, root causes and mitigations with attention to detail and communicate effectively with different stakeholders across the Group.

  • An inquisitive personality, who is keen to learn and develop both professionally and personally contributing to their own personal success, but importantly also to the success of the team and the organisation (e.g. by undertaking continued professional development).

  • The ideal candidate will be able to evidence experience of successfully managing:people, projects, budgets.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

  • Our successes have all come from someone brave enough to try something new

  • We support each other in the small everyday moments and the bigger challenges

  • We are determined to make a positive difference at work and beyond

Reasonable adjustments

We're committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

If you're excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.

*Not all positions can accommodate changes to working hours or locations. Reach out to your Recruitment Partner if you want to know more.

Permanent
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