Risk Manager

Miryco Consultants Ltd; London; Hybrid; GBP 60,000 - 75,000; Full time

Job summary

An established industry player is seeking a skilled risk management professional to join its dynamic insurance risk team. In this pivotal role, you will work closely with the Head of Insurance Risk, assessing and managing key risks while contributing to strategic business decisions. Your expertise will help shape a positive risk culture and ensure compliance with industry standards. This hybrid position offers a unique opportunity to influence critical business outcomes and collaborate with senior leadership in a thriving environment.

Qualifications

• Extensive experience in risk management within the London insurance market.
• Actuarial qualifications preferred for this role.

Responsibilities

• Collaborate with stakeholders to manage and report on key insurance risks.
• Conduct annual review of insurance risk appetites and challenge business assumptions.

Skills

Risk Management

Communication Skills

Negotiation Skills

Influencing Skills

Education

Actuarial Qualifications

Tools

Microsoft Office

Databases

Job description

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 will see you working directly with the Head of Insurance Risk on the assessment, monitoring, and management of key risks. You will be involved with key business decisions relating to the risk appetite and contribute to the development and maintenance of 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 an annual review of insurance risk appetites and challenge business assumptions when needed.
• Regularly monitor underwriting and reserve risk exposures, ensuring alignment with appetite.
• Provide regular 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 Internal Model’s development.
• Offer expert advice on risk management, promoting a culture of effective risk practices.

Qualifications:

• Extensive experience in risk management within the London insurance market.
• Actuarial qualifications preferred.
• 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 is unable to offer sponsorship for this opportunity. If you do not hear back within five working days of submitting your application, it means you have not been shortlisted. However, we will keep your details on file for future opportunities that match your profile.

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