Insurance Counterparty Risk & Governance Lead

Harrison Holgate; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm located in the City of London is seeking a Counterparty & Security Manager to oversee third-party onboarding and governance. This role combines strong technical expertise with commercial awareness, ensuring compliance and strong relationship management within the insurance landscape. The ideal candidate has significant experience in onboarding and governance within insurance and is confident in liaising with senior stakeholders, driving compliance, and managing risk effectively.

Qualifications

• Expertise in counterparty risk or governance within insurance/broking.
• Hands-on experience with policy administration systems.
• Excellent communication and influencing skills.

Responsibilities

• Lead onboarding lifecycle for insurers and intermediaries.
• Review and negotiate TOBAs balancing regulatory and commercial needs.
• Oversee due diligence checks: sanctions, PEP, credit assessments.

Skills

Strong experience in onboarding

Due diligence expertise

Confidence reviewing TOBAs

Understanding of Client Money rules

Attention to detail

Tools

Broking systems

Lloyd's market platforms

Job description

A leading insurance firm located in the City of London is seeking a Counterparty & Security Manager to oversee third-party onboarding and governance. This role combines strong technical expertise with commercial awareness, ensuring compliance and strong relationship management within the insurance landscape. The ideal candidate has significant experience in onboarding and governance within insurance and is confident in liaising with senior stakeholders, driving compliance, and managing risk effectively.