At a Glance
- Tasks: Manage complex insurance risks and collaborate with senior leaders to enhance risk strategies.
- Company: Leading specialist insurance organisation focused on risk and compliance.
- Benefits: Hybrid working, diverse culture, and opportunities for professional growth.
- Other info: Flexible working arrangements to support your wellbeing and work-life balance.
- Why this job: Make a real impact in risk management while developing your career in a dynamic environment.
- Qualifications: Experience in risk management, strong analytical skills, and understanding of insurance regulations.
Reporting to the Chief Risk Officer
Location: London or York (Hybrid Working)
We are seeking a proactive, commercially minded and intellectually curious Risk Officer to join a leading specialist insurance organisation within its Risk & Compliance function. This is an exciting opportunity to support the risk management of complex insurance and reinsurance operations across multiple regulated entities and jurisdictions. The role provides broad exposure to underwriting, operational, strategic and regulatory risks and offers close collaboration with senior business leaders and the wider Risk & Compliance team.
Success in this role will depend on your ability to build strong stakeholder relationships, provide constructive challenge, and influence decision-making to support effective risk management across the business.
- Risk Partnering
- Develop a strong understanding of the business, market environment and regulatory landscape to provide effective second-line oversight and challenge.
- Conduct independent risk reviews, delivering both quantitative and qualitative insights and practical risk management recommendations.
- Support business stakeholders in identifying, assessing and managing current and emerging risks.
- Risk Reporting & Governance
- Support the Own Risk and Solvency Assessment (ORSA) process across regulated entities.
- Contribute to Risk & Control Self-Assessment (RCSA) activities and enhancements to the control framework.
- Assist in the preparation of Board and Risk Committee reporting.
- Support regulatory submissions and risk-related governance activities.
- Risk Culture
- Promote a strong risk culture throughout the organisation.
- Hold first-line stakeholders accountable for addressing key risk and control issues.
- Encourage effective risk awareness and decision-making across the business.
Experience in Enterprise Risk Management, ideally within insurance or broader financial services. Strong analytical and quantitative skills, with experience in risk management, actuarial, audit, consulting or a related discipline. Understanding of insurance regulatory frameworks, including Solvency II or equivalent regimes. Knowledge of general insurance operations, including underwriting, profitability drivers, business processes and risk management practices, would be advantageous. Experience assessing control environments and challenging risk and control assessments.
Commercial mindset with the ability to balance risk management and business objectives. The role offers exposure to senior leadership, complex risk challenges and a broad range of business activities, making it an excellent opportunity for a developing risk professional looking to make a tangible impact.
Diversity & Flexible Working
We are committed to building a diverse and inclusive workplace where everyone can thrive. We support flexible and hybrid working arrangements, enabling our people to balance collaboration, flexibility and wellbeing while delivering great outcomes for our customers and business.
Risk Manager / Senior Manager in City of London employer: Arthur Recruitment
Join a forward-thinking personal lines insurer that values innovation and creativity in its pricing team. With a strong emphasis on employee growth, you will have the opportunity to develop your skills in a collaborative environment while working on cutting-edge pricing methodologies. Enjoy a supportive work culture that encourages curiosity and offers meaningful career advancement opportunities in a dynamic sector.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager / Senior Manager in City of London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Arthur Recruitment looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Manager / Senior Manager in City of London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Arthur Recruitment. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Arthur Recruitment
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Arthur Recruitment’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
