Insurance Risk Manager

JR United Kingdom; City Of London; Hybrid; GBP 60,000 - 75,000; Full time

Job summary

A leading company is seeking an Insurance Risk Manager to join their dynamic risk team in London. In this role, you will assess and manage key insurance risks, contribute to risk appetite discussions, and ensure compliance with regulatory standards. This position involves hybrid working, providing flexibility while contributing to critical business decisions within the Lloyd’s insurance market.

Qualifications

• Extensive experience in risk management within the London insurance market.
• Strong communication, negotiation, and influencing skills.
• Proficiency in Microsoft Office and databases.

Responsibilities

• Manage and report on key insurance risks with stakeholders.
• Assist in preparing regulatory reports ensuring compliance with Solvency II.
• Monitor underwriting and reserve risk exposures.

Skills

Communication

Negotiation

Influencing

Tools

Microsoft Office

Databases

Job description

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Insurance Risk Manager, London (City of London)

Client:

Miryco Consultants Ltd

Location:

London (City of London), United Kingdom

Job Category:

Other

EU work permit required:

Yes

Job Views:

2

Posted:

16.06.2025

Expiry Date:

31.07.2025

Job Description:

Miryco Consultants are working with a Lloyd’s of London Insurer to grow a dynamic and strategically important insurance risk team.

The role involves working directly with the Head of Insurance Risk on the assessment, monitoring, and management of key risks. You will contribute to key business decisions related to risk appetite and help develop a positive risk culture.

Responsibilities:

• Collaborate with stakeholders to manage and report on key insurance risks.
• Support the implementation of the Underwriting Risk Operating Model, including assessments and guidance to the Risk Committee.
• Conduct annual reviews of insurance risk appetites and challenge business assumptions.
• Monitor underwriting and reserve risk exposures regularly, ensuring they align with the risk appetite.
• Provide updates to senior leadership and committees.
• Assist in preparing regulatory reports and opinions, ensuring compliance with Solvency II and Lloyd’s standards.
• Review the business plan annually and assist in completing the Own Risk and Solvency Report.
• Work with the Capital Modelling team to support the development of the Internal Model.
• Offer expert advice on risk management and promote effective risk practices.

Qualifications:

• Extensive experience in risk management within the London insurance market.
• Strong communication, negotiation, and influencing skills.
• Proficiency in Microsoft Office and databases.

Location: London, Hybrid Working

Salary: Up to £75,000

Please note, our client cannot offer sponsorship for this opportunity. If you are not contacted within five working days of applying, you have not been shortlisted. However, we will keep your details for future opportunities matching your skills.

For similar roles, please contact Josh Hatton and Tom Parker, and follow Miryco Consultants on LinkedIn.