P&U Risk Manager - 6m FTC

Direct Line Group; London; Hybrid; GBP 70,000 - 90,000; Full time

Job summary

A leading company is seeking a Senior Risk Manager to join their Chief Controls Office. The role involves partnering with the Motor Division to enhance risk management and control frameworks. Ideal candidates will have extensive experience in risk within a regulated environment, particularly in motor insurance. The position offers a hybrid working model with opportunities for professional growth and excellent benefits.

Benefits

9% employer contributed pension

50% off home, motor and pet insurance

Health and Dental insurance

Up to 10% AIP Bonus

EV car scheme

Generous holidays

Buy as you earn share scheme

Employee discounts and cashback

Qualifications

• Extensive risk and controls experience in a regulated environment.
• Technical knowledge of risk management and control frameworks.

Responsibilities

• Embedding a strong risk culture within the Finance team.
• Supporting risk management and the RCSA process for Motor and Pricing.
• Acting as a trusted risk advisor to the Motor division.

Skills

Stakeholder Management

Communication

Job description

DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you'll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best.

At Direct Line Group (DLG) we're transforming how we manage risk and controls. As part of this, we've created a Chief Controls Office (CCO) within the first line of defence, dedicated to strengthening risk management, embedding a robust control environment and fostering a strong risk-aware culture across the business.

We're looking for a Senior Risk Manager to play a key role in partnering with the Motor Division, its Manager Director and Leadership Team. If you have a background in risk within a motor insurance product team or a pricing and underwriting function, this is an opportunity to drive meaningful change in a fast-moving environment.

What you'll be doing:

You will join the CCO as a Risk Manager reporting to the Head of Risk (Motor Division) as part of a dedicated team comprising you, a second Risk Manager and two Risk Analysts.

The key areas of delivery focus for your role will be

Key Accountabilities

• Embedding a strong risk culture: ensuring Finance understands and takes ownership for its risks and control environment

• supporting the Motor Division on its risk maturity journey, providing guidance on the Group's Risk Framework and how to embed it effectively

• Supporting risk management and the Risk & Control Self-Assessment (RCSA) process for Motor and Pricing & Underwriting Centre of Excellence ( Motor ) - ensuring risks and properly identified, assessed and managed.

• Improving control documentation and evidencing - ensuring Motor has a clear, well documented and auditable control environment.

• Supporting control remediation activities - control deficiencies are addressed with the right actions, taken at the right time, to strengthen the control environment.

• Acting as a trusted risk advisor to the Motor division, supporting decision making and enhancing risk-oversight.

• Enhancing risk reporting - leveraging Workiva and other MI to provide clear, actionable insights.

• Collaborating across teams, including working closely with the Central Control Testing & Assurance Teams, as well as the Central Policy, Framework and Reporting Team within the Chief Controls Office.

We have offices around the UK. However, our preference for this role is that you are work from either our Glasgow, Leeds or London office. Our hybrid model offers a 'best of both worlds' approach. When you'll be in the office depends on your role and team, but colleagues spend at least 2 days a week in the office

What you'll need:

• Extensive risk and controls experience (1st or 2nd line of defence) within a highly regulated environment (ideally motor insurance).

• Technical knowledge of risk management, control frameworks and assurance processes.

• A track record of embedding risk management and control frameworks or delivering control enhancements in insurance product or pricing and underwriting environments

• Strong stakeholder management skills - ability to influence, collaborate and drive action at senior levels.

• Excellent communication skills - able to translate complex risk topics for a range of audiences

Benefits

We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:

• 9% employer contributed pension

• 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover

• Additional optional Health and Dental insurance

• Up to 10% AIP Bonus

• EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.

• Generous holidays

• Buy as you earn share scheme

• Employee discounts and cashback

• Plus, many more

We want everyone to get the most out of their time at DLG. Which is why we've looked beyond the financial rewards and created an offer that takes your whole life into account. Supporting our people to work at their best - whatever that looks like - and offering real choice, flexibility, and a greater work-life balance that means our people have time to focus on the things that matter most to them. Our benefits are about more than just the money you earn. They're about recognising who you are and the life you live.

Be yourself

Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.

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