Risk Manager

Harrison Holgate; London; Hybrid; GBP 120,000 - 140,000; Full time

Job summary

A prestigious global insurance and reinsurance group is seeking a highly skilled Risk Manager in a leadership capacity. This role offers the chance to shape the risk culture within the organisation, ensuring a robust risk management framework is applied consistently. The position includes responsibilities such as developing risk strategies, engaging with senior stakeholders, and mentoring team members, making it ideal for a seasoned risk management professional.

Benefits

Competitive Remuneration

Performance-based Bonus

Comprehensive Benefits Package

Mentorship Opportunities

Qualifications

• Extensive experience in risk management within the insurance sector.
• Understanding of both quantitative and qualitative aspects of risk.
• Proven experience in dealing with regulators and senior stakeholders.

Responsibilities

• Develop and implement a robust risk management framework.
• Promote and embed an effective risk culture across the organisation.
• Ensure accurate and timely risk reporting to regulatory bodies.

Skills

Insurance Market Expertise

Quantitative Skills

Qualitative Skills

Stakeholder Engagement

Leadership

Mentorship

Job description

New Vacancy - Risk Manager
Lloyd's and Global (Re)Insurance Group
Location: London/Hybrid
Salary: Circa £120,000 + Bonus + Benefits

• A prestigious Global Insurance and Reinsurance group is seeking a highly skilled Risk Manager to join their team in a leadership capacity.
• This role offers the chance to shape and influence the risk culture within a renowned organisation, ensuring a robust risk management framework is consistently applied across the group.

Benefits:

• Competitive Remuneration: A salary of approximately £120,000, complemented by a performance-based bonus and a comprehensive benefits package.
• Hybrid Working: Enjoy the flexibility of a hybrid working model, balancing time between the London office and remote work.
• Leadership Role: Take on a pivotal role where your expertise will directly impact the organisation's risk management strategies.
• Professional Growth: Engage with senior stakeholders, including regulators and C-Suite executives, enhancing your professional network and experience.
• Mentorship Opportunities: Oversee and mentor team members, fostering a collaborative and growth-oriented environment.

Role Responsibilities:

• Risk Framework: Develop and implement a robust risk management framework.
• Risk Culture: Promote and embed an effective risk culture across the organisation.
• Risk Reporting: Ensure accurate and timely risk reporting to regulatory bodies, the Board, and the public, ie ORSA.
• Risk Register: Maintain and update the risk register, ensuring all risks are identified and managed.
• Risk Appetite and Tolerance: Define and monitor the organisation's risk appetite and tolerance levels.
• Internal Model: Oversee the internal model, ensuring it meets regulatory standards.
• Stress and Scenario Testing: Conduct stress and scenario testing to assess potential risks.
• Emerging Risk: Identify and manage emerging risks.
• Operational Risk: Oversee operational risk management, including the management of outsourcing arrangements.

Skills and Experience:

• Insurance Market Expertise: Extensive experience in risk management within the insurance sector.
• Quantitative and Qualitative Skills: An understanding of both quantitative and qualitative aspects of risk.
• Stakeholder Engagement: Proven experience in dealing with regulators, C-Suite executives, and other senior stakeholders.
• Leadership and Mentorship: A team player with experience in managing and mentoring individuals, either directly or indirectly.

This role is ideal for a seasoned risk management professional looking to make a significant impact within a leading global insurance and reinsurance group. Apply now to take the next step in your career.

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