Credit Risk Manager jobs in United Kingdom

Job Title: Financial Risk Manager – 6 Month Fixed-Term Contract
Location: London (Hybrid Working)
Contract Type: Fixed-Term Contract (until December 2025)
Salary: £90,000 – £120,000 per annum, depending on experience

Overview A leading insurance organisation is seeking a Financial Risk Manager for a 6-month fixed-term contract to provide cover for a senior position. This role sits within the second line of defence and offers exposure to a broad range of financial risk activities, including internal model validation, oversight of assets and liabilities, and assurance of the risk management framework.
This is an excellent opportunity for an experienced risk professional or actuary to step into a highly visible, people-facing role with regular senior stakeholder engagement.
Key Responsibilities

• Lead second-line oversight of financial risks across assets, capital, liquidity, and liabilities.
• Validate and challenge the internal model, ensuring robust governance and compliance with regulatory requirements.
• Provide assurance on the risk management framework, identifying areas for improvement and supporting strategic initiatives.
• Collaborate effectively with internal stakeholders, producing high-quality reports and presenting insights to senior committees.

Candidate Profile

• Qualified actuary (or equivalent financial risk professional) preferred, though not essential.
• Extensive experience in financial risk management within the insurance sector.
• Broad understanding of reserving, underwriting, catastrophe risk, reinsurance risk, and delegated authorities.
• Strong report writing, presentation, and strategic thinking skills.
• Proven ability to build relationships and influence senior stakeholders.
• Background in reserving, capital, or actuarial risk roles advantageous.

Additional Information

• Immediate start required.
• Fixed-term contract until December 2025.
• Hybrid working arrangement with a London office base.

Interview Process

• Stage 1: Virtual interview with senior members of the Risk and Finance teams.
• Stage 2: Face-to-face panel interview with senior leadership.