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Underwriting Pricing Risk Manager | London, UK | Remote

HFG

London

Remote

GBP 80,000 - 100,000

Full time

Yesterday
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Job summary

An established industry player is seeking an Underwriting and Pricing Risk Manager to enhance their Group Risk & Compliance function. This role offers a unique opportunity to provide strategic oversight of underwriting and pricing risks while embedding effective model risk management practices. The ideal candidate will be a qualified or part-qualified actuary, or a financial risk professional with relevant experience, particularly in a Solvency II and PRA-regulated environment. Join a dynamic team and contribute to the delivery of ORSA processes in a forward-looking company that values innovation and strategic oversight.

Qualifications

  • Experience in underwriting and pricing risk management within insurance.
  • Knowledge of Solvency II and PRA regulations is highly desirable.

Responsibilities

  • Provide oversight and assurance of underwriting and pricing risks.
  • Support the application of the Risk Management Framework.
  • Assist in the design of group-wide ORSA processes.

Skills

Underwriting Risk Management
Pricing Risk Management
Model Risk Management
Financial Risk Assessment

Education

Qualified or Part-Qualified Actuary
Degree in Finance or Related Field

Job description

Underwriting Pricing Risk Manager

HFG London, United Kingdom

Apply now

Posted: 1 day ago | Remote Job | Permanent | GBP 80000 - GBP 100000 per annum

We are working with a leading general insurance group to recruit an Underwriting and Pricing Risk Manager to support their Group Risk & Compliance function. Reporting to the Head of Financial Risk, this newly created role will play a key part in providing 2nd line oversight of underwriting and pricing risks across the business, with a focus on embedding effective model risk management and supporting the delivery of ORSA processes.

Key Responsibilities include but are not limited to:

  1. Providing 2nd line oversight and assurance of underwriting and pricing risks, including deep dive reviews, policy updates, and risk event reporting.
  2. Supporting the application of the Risk Management Framework to identify, assess, and monitor material risks within underwriting and pricing functions.
  3. Assisting in the design and delivery of group-wide ORSA processes and stress testing.
  4. Helping to embed and oversee the Group's Model Risk Management Framework, with particular focus on underwriting and pricing models.
  5. Liaising with the wider Finance and Actuarial functions to support oversight of reinsurance and investment strategies.
  6. Attending and contributing to relevant governance forums such as Underwriting and Pricing Committees.

This is a fantastic opportunity for a qualified or part-qualified actuary, or a financial risk professional with relevant experience, to take on a strategic oversight role in a dynamic and forward-looking environment. Prior experience in general insurance within a Solvency II and PRA-regulated setting is highly desirable. Apply below to learn more.

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