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- Tasks: Lead enterprise risk assessments and provide actionable recommendations for informed decision-making.
- Company: Join Velonetic, a dynamic joint venture in the insurance and reinsurance sector.
- Benefits: Enjoy flexible benefits, professional development, and a supportive work culture.
- Why this job: Make a real impact on risk management while growing your career in a modern environment.
- Qualifications: Bachelor’s degree or Risk Management certification with experience in enterprise risk management.
- Other info: Be part of a diverse team committed to innovation and inclusion.
The predicted salary is between 50000 - 60000 ÂŁ per year.
Location - Remote
Type - Full-Time
About the company
Velonetic represents the joint ventures between DXC Technology, the International Underwriting Association (IUA), and Lloyd’s of London. We have been operating for over 20 years in the London market, in both insurance and reinsurance business. Processing over £101 billion worth of premium and claims transactions today, we are building a new digital platform and services that will enable our customers to move transactions and money through the processing lifecycle with greater efficiency and speed.
About the job
The Risk Lead will be a part of the second line of defence risk team and will be responsible for managing Enterprise risks (Finance, Operations, Sales, Supply chain, Digital transformation etc). The role involves providing risk oversight and guidance to the business and ensuring compliance with the organisation's risk management framework. The successful candidate will have a strong background in enterprise risk management and relevant controls.
Key Responsibilities
- Leads comprehensive assessments of enterprise‑level risks and provides clear, actionable recommendations to support informed decision‑making across the business.
- Monitors, analyses, and reports on risk exposures, ensuring timely escalation of significant issues to senior management.
- Maintains and updates the enterprise risk register, ensuring risks are accurately documented, assessed, and actively managed.
- Drafts effective controls and conducts control testing to assess design and operating effectiveness.
- Maintains and enhances the enterprise risk management framework to ensure consistency, alignment, and compliance across the organisation.
- Leads and supports the rollout and integration of new risk management systems, driving adoption and embedding improved processes.
- Supports the Head of Risk in preparing risk reports, dashboards, and presentations for executive committees and board‑level audiences.
- Advises business units on risk management best practice, enabling sound operational and strategic decisions.
- Tracks emerging risks and develops proactive strategies to address evolving threats.
- Builds trusted relationships with business teams, acting as a key partner on all risk matters.
- Provides direction and support to team members, fostering capability growth and high‑quality delivery.
Qualifications:
- Holds a relevant bachelor’s degree and/or Risk Management certification, with experience in ECCTA and fraud risk.
- Works effectively with others while confidently delivering autonomously when required.
- Demonstrates strong planning, prioritisation, and attention to detail to ensure high‑quality outcomes.
- Produces well‑structured reports, policies, and process documents, supported by excellent verbal and presentation skills.
- Applies strong problem‑solving and critical‑thinking skills to assess issues and propose effective solutions.
- Adopts a can‑do mindset, adapts to changing priorities, and actively contributes ideas and improvements.
- Proactively develops knowledge and skills, adding value through ongoing learning and initiative.
Investment In Training and Development
We offer a comprehensive range of training and career development opportunities, a structured induction programme, tailored job training as well as mentoring and support for relevant sponsored professional qualifications.
Our Culture
Here at Velonetic, we support with care and compassion. We are constantly evolving our initiatives around equality, diversity, and inclusion to ensure that everyone feels equally involved and supported in the workplace.
Employee Benefits
As part of our competitive remuneration package, flexible benefits are available. There is an option to “flex up and down” on specific benefits, for example buy or sell annual leave, Private Medical Benefit, Dental and Travel Insurance.
Risk Officer in Milton Keynes employer: 1627 Ins-Sure Svcs Ltd
Contact Detail:
1627 Ins-Sure Svcs Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Officer in Milton Keynes
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Velonetic or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for interviews by researching common risk management scenarios. Think about how you'd handle enterprise risks and be ready to share your thoughts. We want to see your problem-solving skills in action!
✨Tip Number 3
Show off your passion for risk management! During interviews, talk about your experiences and how they relate to the role. Let us know why you're excited about the opportunity at Velonetic.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining our team at Velonetic.
We think you need these skills to ace Risk Officer in Milton Keynes
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Officer role. Highlight your experience in enterprise risk management and any relevant controls. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how you can contribute to our team. Keep it concise but impactful, and don’t forget to mention your adaptability and problem-solving skills.
Showcase Your Skills: In your application, be sure to showcase your strong planning, prioritisation, and attention to detail. We love candidates who can produce well-structured reports and communicate effectively, so let those skills shine through!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Velonetic!
How to prepare for a job interview at 1627 Ins-Sure Svcs Ltd
✨Know Your Risk Management Framework
Familiarise yourself with the specific risk management framework used by the company. Be prepared to discuss how your experience aligns with their approach and how you can contribute to enhancing it.
✨Showcase Your Analytical Skills
Prepare examples of how you've previously assessed enterprise-level risks and provided actionable recommendations. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
✨Understand the Business Context
Research Velonetic's operations, especially in the insurance and reinsurance sectors. Being able to relate your answers to their business model will demonstrate your genuine interest and understanding of their challenges.
✨Build Rapport with Interviewers
During the interview, aim to build a connection with your interviewers. Ask insightful questions about their risk management practices and express your enthusiasm for collaborating with different teams to drive improvements.