At a Glance
- Tasks: Lead a team in managing risk events and ensuring customer outcomes.
- Company: Admiral Group Plc is a diverse, inclusive company focused on employee growth and customer satisfaction.
- Benefits: Enjoy 33 days holiday, share options, and a supportive work-life balance.
- Why this job: Join a recognised Great Place to Work and make a real impact in a customer-centric environment.
- Qualifications: Experience in risk management, strong leadership, and excellent communication skills required.
- Other info: Opportunity for professional development and a people-first culture.
The predicted salary is between 43200 - 64800 £ per year.
As a Risk Manager you will ensure risk management practices, such as processes for risk identification, assessment, monitoring, and reporting are in accordance with EUI’s risk management framework.
Reporting directly to the Senior Risk Business Partner you will provide a mixture of direct support and oversight to a wide range of business functions. As part of the central EUI 1st Line Risk and Control Team, you will work closely with the UK Customer leadership team to ensure that risks are identified and quantified with effective control design. You will also ensure that there is a subsequent assessment of control effectiveness, enabling informed decision making and controlled risk taking, supporting good customer outcomes.
You will be responsible for ensuring that UK Customer management teams are escalating, managing and reporting on the risks to UK Customer. You will be an experienced risk professional who has a clear understanding of risk theory and can apply this in a practical situation.
Key Duties & Responsibilities
- Support the implementation and embedding of EUI’s risk framework and standards in the UK Customer business areas.
- Develop robust key risk indicator reporting alongside a regular risk management review process.
- Provide qualitative and quantitative evaluation of the business adherence to risk management requirements.
- Support the interpretation of compliance and regulatory requirements relevant to the UK Customer Teams
- Oversee the quarterly risk and control self-assessment process and the quarterly attestation against group controls for EUI, producing informative and timely reporting on to risk committees and Board.
- Help shape and implement a robust risk management framework through regular with contact with all Uk Customer departments providing advice and support.
- Lead a high performing, happy and talented team, ensuring ongoing professional development and day to day guidance and support.
- Foster strong working relationships with Senior Managers in the business to support with decision making based on risk and control profile.
- Support and help shape the embedding of a new management system.
- Attend risk working groups and committees to represent UK Customer Risk Management.
Essential Skills & Experience
- Previous experience in a Risk Manager role, within the Financial Services industry
- Proven experience in delivering process improvement or risk transformation
- Confidence in managing stakeholder relationships at all levels and offering feedback to managers in a constructive way
- An understanding of risk theory and practice
Desirable Skills & Experience
- Understanding of Admiral Pet products, processes, and services.
- Experience managing a small team
- Knowledge and experience within the Conduct area
Please note – we may close this vacancy early if we receive lots of applications or business priorities change.
Admiral: Where You Can
We take pride in being a diverse and inclusive business. It\’s a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.
Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.
We’re proud of our people-first culture. In fact, we\’ve been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.
Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here.
Disability Confident Leader
As a Disability Confident Leader, for candidates with a disability or long-term health condition, that opt into the Disability Confident scheme, we’ll invite a fair and proportionate number of applicants that meet the essential requirements of the role to the first stage of our selection process.
If you need any adjustments or support with your application or during the recruitment process, just let us know. Please do email Allison.martina22@admiralgroup.co.uk, contact us on 07789 816806. This number is dedicated to supporting candidates that require reasonable adjustments or support during the application process.
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Risk Manager employer: Admiral Group plc
Contact Detail:
Admiral Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager
✨Tip Number 1
Familiarise yourself with Admiral's risk management framework and their specific risk event standards. Understanding these will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with current or former employees of Admiral Group Plc, especially those in risk management roles. They can provide valuable insights into the company culture and expectations, which can be a game-changer during your application process.
✨Tip Number 3
Prepare to discuss your leadership style and how you've successfully managed teams in the past. This role requires strong people management skills, so having concrete examples ready will set you apart from other candidates.
✨Tip Number 4
Stay updated on the latest trends and regulations in risk management. Being knowledgeable about current industry practices will not only boost your confidence but also show that you're proactive and committed to continuous learning.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management. Focus on your understanding of risk theory, regulatory practices, and any previous roles that demonstrate your leadership and analytical skills.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the Risk Manager role at Admiral Group Plc. Mention specific aspects of the job description that resonate with you, such as your ability to lead a team or your experience with risk event management.
Highlight Key Skills: Emphasise your strong communication, stakeholder management, and decision-making skills in your application. Provide examples of how you've successfully managed risk events or improved control frameworks in past positions.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in risk management.
How to prepare for a job interview at Admiral Group plc
✨Understand Risk Theory
Make sure you have a solid grasp of risk theory and regulatory practices. Be prepared to discuss how these concepts apply to the role and how they can influence customer outcomes.
✨Showcase Leadership Skills
As a Risk Manager, you'll be leading a team. Highlight your leadership experience and provide examples of how you've successfully managed teams in the past, focusing on fostering a positive culture and professional development.
✨Prepare for Stakeholder Management
Demonstrate your ability to build and maintain relationships with various stakeholders. Think of specific instances where you've influenced decision-making based on risk and control profiles.
✨Emphasise Analytical Skills
Be ready to showcase your analytical skills. Prepare to discuss how you've used data to produce insights and reports in previous roles, particularly in relation to risk event management.