Risk Manager - Insurance

ZipRecruiter; Milton Keynes; On-site; GBP 60,000 - 65,000; Full time

Job summary

A well-respected UK-based insurer is seeking a Risk Manager to enhance risk maturity across its operational, financial, and conduct risk areas. This role offers exposure to various risk types and strategic initiatives while contributing to a proactive risk culture in a supportive team environment.

Benefits

Flexible working

Supportive team environment

Exposure to strategic initiatives

Qualifications

• Solid experience in risk management, ideally within financial services or insurance.
• Strong knowledge of risk frameworks and regulatory expectations.
• Ability to influence and guide stakeholders.

Responsibilities

• Partner with business units for risk identification and mitigation.
• Lead and facilitate risk assessments and monitor compliance.
• Deliver risk reporting to senior stakeholders and manage regulatory risks.

Skills

Risk Management

Financial Services Knowledge

Strategic Thinking

Analytical Mindset

Excellent Communication

Education

Risk-related qualification (IRM, CERA, ICA)

Tools

Operational Risk Tools

Job description

Job Description

Risk Manager – Insurance Sector - £60,000-£65,000

Are you a risk professional looking to make a meaningful impact across operational, financial, and conduct risk areas?

A well-respected UK-based insurer is seeking a Risk Manager to join its growing second-line risk function. This role is ideal for someone with experience in financial services and a strong understanding of risk management frameworks, looking to work closely with the business to enhance risk maturity and culture.

The Role

Reporting to the Chief Risk and Technology Officer, you will:

• Partner with business units to support effective risk identification, mitigation, and monitoring.
• Provide oversight and challenge on first-line risk management activities across operational, financial, conduct, and insurance risk areas.
• Lead and facilitate risk assessments, including RCSAs and risk appetite monitoring.
• Support the delivery of risk reporting to senior stakeholders, Board committees, and regulators.
• Monitor adherence to internal policies and regulatory requirements, escalating breaches where appropriate.
• Conduct risk-based assurance and control testing.
• Contribute to the development of a proactive risk culture and deliver risk training and tools to the wider organisation.
• Support compliance activities and help manage regulatory risk exposure.

What We’re Looking For

• Solid experience in risk management, ideally within financial services or insurance.
• Strong working knowledge of risk frameworks, regulatory expectations, and operational risk tools (e.g., RCSAs, risk appetite statements).
• Excellent communication and interpersonal skills to influence and guide first-line stakeholders.
• Analytical mindset, attention to detail, and a collaborative approach.
• Strategic thinker with a proactive, hands-on style.

Desirable Qualifications

• Studying towards or achieved a relevant risk-related qualification (e.g., IRM, CERA, ICA, or equivalent).

Why Apply?

• Join an organisation committed to embedding a strong risk culture.
• Gain exposure across a wide range of risk types and strategic initiatives.
• Work closely with senior leaders in a flat, collaborative structure.
• Flexible working with a supportive team environment