Head of Non-Financial Risk (Lloyd's)

Edenbrook; England; On-site; GBP 80,000 - 120,000; Full time

Job summary

A Global Reinsurer is seeking a Head of Non-Financial Risk to lead the implementation of the Non-Financial Risk framework. The role involves monitoring risk exposures, reporting to senior management, and building strong relationships across the business. Candidates should have a relevant risk qualification and solid insurance knowledge, alongside excellent communication skills. This position offers the opportunity to drive best practices in risk management within a dynamic environment and lead a capable team.

Qualifications

• Experience in the UK and Lloyd's market is desirable.
• Solid understanding of the risk management environment is required.

Responsibilities

• Lead the implementation of the Non-Financial Risk framework.
• Monitor and report non-financial risk exposures to senior management.
• Build relationships and develop subject-matter expertise.

Skills

Strong stakeholder management

Excellent report writing

Attention to detail

Change management experience

Strong insurance knowledge

Education

Relevant risk qualification or equivalent experience

Degree or relevant professional qualification

Job description

Opportunity for a Head of Non-Financial Risk with a Global Reinsurer / Specialty Insurer within Lloyd's Market.

You will lead the implementation and embedding of the Non-Financial Risk (NFR) framework, ensuring effective identification, assessment and management of non-financial risks in line with the ERM framework, strategic objectives and regulatory requirements. Oversee supporting tools and systems (e.g., GRC platforms).

Key Responsibilities

• Monitor and report non-financial risk exposures and controls to senior management and governing bodies, ensuring regulatory compliance (PRA, FCA, Lloyd’s).
• Provide timely risk advice, challenge and opinions on strategic initiatives, change programmes and new products.
• Support development and embedding of risk appetite metrics, emerging risk assessment and scenario analysis.
• Build strong relationships across the business and develop subject-matter expertise in key areas.
• Report the overall non-financial risk profile, including exposure levels, control effectiveness and key incidents.
• Contribute to ORSA production and risk reporting to senior committees and the Board.
• Participate in governance forums and elevate material risks as needed; deputise for the Head of ERM in external interactions.
• Collaborate with Legal, Risk & Compliance, Internal Audit and other functions to ensure comprehensive oversight.
• Maintain relationships with internal stakeholders and external advisers.
• Support risk training and awareness to strengthen risk culture.
• Drive best practice in identifying and assessing non-financial risks and controls.
• Support change initiatives and enhancements to the Legal, Risk & Compliance operating model.
• Lead and develop team members as applicable.

Knowledge and Skills

• Relevant risk qualification or equivalent experience.
• Strong insurance knowledge; UK and Lloyd’s market experience desirable.
• Solid understanding of the risk management environment.
• Strong stakeholder management and ability to challenge constructively.
• Change-oriented mindset with experience leading teams through change.
• Excellent report writing and Board-level communication skills.
• High accuracy, attention to detail and strong organisational skills.
• Degree and / or relevant professional qualification.