Risk Manager | London, UK

Axis Capital; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

An opportunity to join a leading provider of specialty insurance and reinsurance, focusing on risk management in the London office. The Risk Manager will develop and support the risk management framework, produce reports, and lead climate risk assessments. Ideal candidates will possess a relevant degree, strong analytical skills, and experience in insurance or consulting sectors.

Qualifications

• 4 years of experience in (re)insurance companies or consulting.
• Understanding of Non-Life Insurance Products is essential.
• Climate Risk familiarity is preferred.

Responsibilities

• Assist in the development and maintenance of the Group Enterprise Risk Management framework.
• Support the Chief Risk Officer in risk oversight and reporting.
• Deliver projects and assessments on operational and environmental risks.

Skills

Report writing

Analytical skills

Problem solving

Interpersonal skills

Education

Bachelor's degree or relevant professional qualification

Tools

Microsoft Office Suite

Job description

This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Job Description: Risk Manager (FTC)

How does this role contribute to our collective success?

The purpose of this role is to maintain and support the on-going development of the Group Enterprise Risk Management framework, that enables the business to make informed decisions. The key mandate of the Group Risk Team, based predominantly in London, is to identify risk issues / heightened exposures and monitor and report them in a structured way. We work closely with other specialist assurance focussed functions within the organisation, to deliver an enterprise risk view.

What will you do in this role?

• Deliver ad hoc projects and deep dive assessments on topical areas of risk (e.g. operational risks, macro economic risks, geopolitical events). This will include gathering and collating information to support observations and assisting with presentations made to the Group and Legal entity Risk Management Committees on these topics.
• Assist the team in the preparation and production of internal risk reporting materials (e.g. CRO report, annual ORSA). This includes collaborating with colleagues across the business to bring together key data, metrics and dashboards to incorporate in risk reports.
• Support the successful operation of the risk management framework, this will include assisting with risk assessments, detailed reviews and initial drafts of information requests and papers.
• Support the Chief Risk Officer in risk oversight of a specific legal entity ("LE").

o Delivery of specific risk activities with the aim of maintaining and supporting the on-going development and enhancement of the LE Risk Management framework.
o Delivery of risk reporting materials e.g. CRO report, for the Board Risk Committees, and executive Risk Committees, and other related risk groups.
o Support the CRO in delivering ad hoc projects and deep dive assessments on topical areas of risk.

• Climate Risk - Lead the climate risks process, including ongoing research and identifying trends.

o Environment Working Group: Support the Group CRO in the running of the Environment Working Group by setting the agenda and preparing materials for each meeting. Enhance the feedback loop between the Environment Working Group and climate related work across the Group.
o Regulatory engagement: Respond to any regulatory requests on climate change and assist in producing other ESG disclosures across the Group and all legal entities.
o Climate Risk Dashboard: continue to work with various owners from across the business to enhance and develop the climate risk dashboard and incorporate within risk reporting.

• Riskonnect - Support Riskonnect activities.

o Improve the risk assessment process and assist with the refresh of controls and KRIs.

You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

• Enthusiastic, pro-active and positive attitude.
• Ability to work to deadlines, prioritise and multi-task.
• Ability to absorb and learn technical information and communicate this in a way that is easy to understand
• Report writing and analytical skills.
• Ability to build relationships with diverse roles and levels in the organisation.
• Ability to work independently and support team goals.
• Good knowledge of Microsoft office suite.
• Ability to solve problems and make practical recommendations.
• An understanding of Non-Life Insurance Products.

What we prefer you to have:

• Bachelor's degree or a relevant professional qualification (e.g. Underwriting, Actuarial or Accounting) advantageous.
• ~4 years of experience in (re)insurance companies or consulting firms in underwriting, actuarial, risk, finance, or investment functions.
• Climate Risk familiarity and previous experience

Role Factors:

In this role, you will typically be required to be in the office 3 days per week

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