Senior Risk Manager

Beazley; West Hartford (CT); On-site; USD 200,000 - 215,000; Full time

Benefits offered by this job

Medical insurance

Discretionary bonus

401(k) with company match

Paid parental leave

Office lunch program

Job summary

Beazley is seeking a Senior Risk Manager to lead risk management across Beazley’s US and Bermuda entities, covering operational and insurance/financial risks. The role emphasizes producing risk reports, conducting deep-dive reviews, and supporting the risk management framework.

The ideal candidate will have extensive ERM experience, strong stakeholder management, and the ability to deliver risk insights to senior leadership.

Qualifications

• Experience as an ERM professional across operational or insurance/financial risks.
• Experience providing risk challenge to the first line and presenting risk analyses to stakeholders.
• Strong project management skills with ability to deliver to deadlines.
• Interest in Lloyd's/London Market risk management and insurance risk context.

Responsibilities

• Challenge first-line processes for US and Bermuda entities across operational and insurance/financial risks.
• Produce risk reports and in-depth reviews of key risks and incidents.
• Support Own Risk and Solvency Assessment for US and Bermuda entities.
• Contribute to the development of the wider risk management framework.
• Maintain strong stakeholder relationships across risk, finance, IT and operations.
• Collaborate closely with the Global risk team.

Skills

ERM experience

Risk reporting

Stakeholder communication

Project management

Analytical thinking

Education

University degree

Job description

Job Title: Senior Risk Manager

Division: Risk and Compliance

Reports To: As per Beazley’s organisation chart

Key Relationships: Internally: Risk Management, Internal Audit, Compliance, Risk Owners, Control Reporters, Underwriters, Claims and managers of support functions. Externally: Regulators.

Job Summary: The role will deliver a broad range of risk management activities on behalf of Beazley’s US and Bermuda entities, across both operational and insurance/financial risks. This will involve producing risk reports and analysis (including Beazley’s US and Bermuda ORSAs), providing review and challenge of first line processes, performing deep-dive reviews on specific risk areas, as well as supporting the risk team with delivering on the wider risk management framework.

The role is most likely to suit an ERM professional with experience across either operational or insurance/financial risks (or both), who has significant experience in risk management, preferably within specialty insurance.

Key Responsibilities

• Provide challenge of the first line processes for Beazley’s US and Bermuda entities across both operational and insurance/financial risks, including regulatory, underwriting, actuarial, market, credit, claims, finance, procurement, and IT risks.
• Produce risk reporting and opinions, including deep-dive reviews on key risks, hot topics and any risk incidents influencing Beazley’s risk profile, to support reporting to internal and external stakeholders.
• Support the delivery of the Own Risk and Solvency Assessment for Beazley’s US and Bermuda entities.
• Support with the development of the wider risk management framework.
• Maintain strong stakeholder relationships with members of the first line, to help support Beazley’s risk management framework.
• Collaborate closely with the Global risk team.

Education and Qualifications

• University degree
• Professional qualification advantageous

Skills and Abilities

• Methodical approach to problem solving, with a high attention to detail.
• Ability to act pragmatically in the face of new challenges and exercise sound judgement based on overall business needs.
• Excellent interpersonal, communication skills, and ability to tailor communication to both technical and non-technical audiences.
• Ability to prepare comprehensive well written reports for internal and external stakeholders.
• Proven project management and organisational skills with track record of delivering projects to strict deadlines.
• Results oriented, with the energy and determination to succeed in a fast-paced environment
• Advanced proficiency in using Microsoft Office.

Knowledge and Experience

• Experience working as an ERM professional across either operational or insurance/financial risks (or both) within specialty insurance.
• Experience of providing challenge across any of the following areas would be an advantage: Operational risk within Finance, Insurance, IT, and wider Operations teams.
• Experience in providing risk challenge to the first line and producing and presenting risk analysis to internal and external stakeholders.
• Interest in gaining a deeper understanding of insurance and financial risk management in the Lloyd's / London Market.

Aptitude and Disposition

• Outcome focussed, self-motivated, agile and flexible
• Technically innovative, a problem solver and solution builder
• Professional approach to interact successfully with colleagues
• Able to work with multi-cultural and multi-location teams
• Ability to work closely in a team environment and develop productive working relationships
• Willingness to learn and achievement drive

Competencies

• Information seeking
• Problem solving
• Technical expert
• Time management
• Influencing others
• Quality focused
• Initiative
• Customer focused
• Analytical thinking
• Team working

Rewards

• The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
• Attractive base compensation and discretionary performance related bonus
• Competitively priced medical, dental and vision insurance
• Company paid life, and short- and long-term disability insurance
• 401(k) plan with 5% company match and immediate vesting
• 22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs
• Up to $700 reimbursement for home office setup
• Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance
• Up to 26 weeks of fully paid parental leave
• Up to 2.5 days paid annually for volunteering at a charity of your choice
• Flexible working policy, trusting our employees to do what works best for them and their teams

Salary for this role will be tailored to the successful individual’s location and experience. The expected compensation range for this position is $200,000-$215,000 per year plus discretionary annual bonus.

Don’t meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.

We are an equal opportunities employer and as such, we will make reasonable adjustments to our selection process for candidates that indicate that, owing to disability, our arrangements might otherwise disadvantage them. If you have a disability, including dyslexia or other non-visible ones, which you believe may affect your performance in selection, please advise us in good time and we’ll make reasonable adjustments to our processes for you.