Chief Risk Officer, CIIC

Coverys, Inc.; Dublin (CA); Presencial; USD 180.000 - 240.000; Jornada completa

Descripción de la vacante

Coverys, Inc. is seeking an experienced leader to own and advance the Enterprise Risk Management (ERM) function across the organization, with a focus on integrating ERM into strategic decision-making and capital planning.

You will oversee the Own Risk and Solvency Assessment (ORSA) production, SFCR coordination, and regulatory reporting, while partnering with the Executive Management Team to balance risk and reward for growth in a regulated insurance environment.

Formación

• Proven leadership experience in ERM within insurance or reinsurance.

Responsabilidades

• Develop and maintain the Company’s Enterprise Risk Management Framework.
• Own the production and communication of ORSA.
• Coordinate the Solvency and Financial Condition Report (SFCR) across the business.
• Provide oversight of risk management activities to the Executive Management Team and Board.
• Assess and validate capital calculations under the Standard Formula.

Conocimientos

ERM leadership

Regulatory knowledge

Board communication

Risk assessment

Educación

Risk management qualification

Herramientas

Solvency II tools

Descripción del empleo

Play an active role in the success of the Company and ensure that the Enterprise Risk Management function is integrated in the strategic business decisions of the organisation.Accountable for developing and maintaining the Company’s Enterprise Risk Management framework in line with regulatory standards.Responsible for the production and reporting of the Company’s Own Risk and Solvency Assessment (ORSA), including determination of appropriate Capital and Own funds requirements.Responsible for the coordination of the Solvency and Financial Condition Report (SFCR) across the business, and in particular all the relevant sections on the Risk Management System and the overall solvency assessment.Act as member of the Executive Management Team and have oversight of the Enterprise Risk management framework and activities of the UK business.KEY RESPONSIBILITIESTo understand and articulate the Board’s appetite for risk and help the Company formulate and execute business strategy to operate within appetite.Work with the senior management team to identify, assess and manage risks associated with undertaking business.Actively identify and monitor emerging risks to the Company.Assess and validate the appropriateness of the Company’s capital calculation approach (Standard Formula) and processes.Design, implement and enhance the Company’s Enterprise Risk Management Framework, including the processes to identify, analyse and quantify risks (both inherent and residual). This includes but is not limited to:Raising Awareness and understanding of the ERM Framework.Ensuring the effective design and operation of controls within functions.Identifying risks, risk events and issues arising reporting these appropriatelyParticipate in risk management activities/processes as required of the role.Take ownership for the production and communication of the annual Own Risk and Solvency Assessment (ORSA).Take ownership for the communication of the annual Solvency and Financial Condition Report (SFCR), including responsibility for oversight of the SFCR calculationsProfile and Core competencies:Risk Management qualificationProven leadership experienceAbility to balance risk and reward to support business growth while protecting capital.Extensive experience in the insurance or reinsurance sector.Regulatory Knowledge: Deep understanding of Solvency II requirements and Irish regulatory standards.Communication Skills: Proven capability to present complex actuarial findings to Board-level stakeholdersIf you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!