Manager, Insurance Risk & Regulatory Advisory | London, UK

Ernst & Young; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading company in financial services seeks a Manager for its Insurance Risk & Regulatory Advisory Team in London. The role involves designing risk management frameworks, managing projects, and mentoring staff while ensuring compliance with regulatory standards. Ideal candidates will have a strong background in risk management and excellent communication skills, contributing to transformative initiatives in the insurance sector.

Qualifications

• Experience in a Risk & Compliance role within an insurer or advisory firm.
• Knowledge of Risk Management Frameworks in insurers.
• Up-to-date knowledge of regulatory environments impacting insurers.

Responsibilities

• Design and review Risk Management Frameworks and Governance arrangements.
• Manage engagement planning and lead small teams in insurance projects.
• Contribute to EY findings and support analysis of emerging issues.

Skills

Stakeholder management

Communication

Project management

Analytical skills

Networking

Proactive attitude

Education

Strong academic background

Job description

Manager, Insurance Risk & Regulatory Advisory

EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers, insurance, and energy trading companies.

EY UK's Insurance Risk & Regulation Team, combined with the EY UK Actuarial Team, is the largest in EMEIA and holds a market-leading position in Risk Management services, working across the insurance market on a diverse range of engagements with various clients.

The Insurance Risk & Regulation Team focuses on delivering sustainable benefits to clients through enhanced business decisions based on effective risk management.

The opportunity

Our goal is to lead in supporting the CRO and CCO's agenda. We aim to offer comprehensive services in Regulatory / Compliance and Risk Management initiatives, from advising on specific elements of Conduct or Risk Management Frameworks to delivering full Risk and Compliance Transformation programs in collaboration with multiple EY teams.

Your key responsibilities

As a Manager in the Insurance Risk & Regulation Team, your engagements may include designing or reviewing:

• Risk Management Frameworks
• Governance arrangements
• Risk Appetite
• Control frameworks
• Risk MI & Reporting
• Risk Management Culture
• Risk Function Operating models
• AI Risk Management

For regulatory-focused roles, responsibilities include:

• Compliance Target Operating Model
• Compliance Monitoring
• Conduct frameworks
• Control frameworks
• Governance arrangements
• Complaint handling
• MI & Reporting
• Risk Management Culture

You will:

• Contribute to EY findings, conclusions, and recommendations in writing or verbally
• Support analysis of emerging issues and development of EY propositions
• Manage engagement planning and lead small teams in insurance projects
• Work collaboratively as a team member, sharing responsibilities and updating senior staff
• Mentor staff, conduct performance reviews, and contribute to feedback
• Support bids and proposals to grow client relationships

Skills and attributes for success

• Excellent stakeholder management and communication skills
• Strong project management experience
• Ability to prioritize and challenge
• Strong academic background
• Ability to build networks and relationships
• Effective written and verbal communication skills
• Proactive attitude

To qualify for the role you must have

• Experience in a Risk & Compliance role within a General or Life Insurer or delivering similar services for an advisory firm
• Knowledge of Risk Management Frameworks in insurers
• Up-to-date knowledge of regulatory environment impacting insurers

What we look for

We seek individuals passionate about advancing their careers in Insurance and transforming the financial services industry. Relevant advisory experience, a drive for change, and a desire to help businesses realize their potential are key qualities for this role.

Boost your career

Discover thousands of job opportunities by signing up to eFinancialCareers today.