At a Glance
- Tasks: Lead the Risk Committee, ensuring effective oversight and strategic direction.
- Company: Reputable London-based insurance firm focused on risk management.
- Benefits: Flexible commitment of 8 days per year with competitive remuneration.
- Other info: Join a team dedicated to fostering a culture of safety and soundness.
- Why this job: Shape the future of risk management in a dynamic industry.
- Qualifications: Extensive experience in risk management and board-level strategic input.
The predicted salary is between 60000 - 72000 £ per year.
Audit & Risk Recruitment have been engaged by a London based insurance business to help recruit a NED, Risk Committee Chair. We're looking for an experienced Senior Risk professional with Risk Committee experience within the insurance industry and a background providing meaningful strategic direction and input at Board level.
As SMF 10 – Chair of the Risk Committee you will be responsible for chairing and overseeing the performance of the role of the Risk Committee, including:
- ensuring that the Risk Committee meets with sufficient frequency
- fostering an open, inclusive discussion which challenges executives where appropriate
- devoting sufficient time and attention to matters within its remit which are relevant to the company’s safety and soundness
- helping to ensure that the Risk Committee and its members have the information necessary to perform their tasks
- facilitating the running of the Risk Committee to assist it in providing independent oversight of executive decisions
- reporting to the Board on the Risk Committee’s activities
Be a proactive member of the company’s Audit Committee.
- Scrutinise the performance of executives in meeting agreed goals and objectives
- Be satisfied on the integrity of financial information and that financial controls and systems of risk management are robust and defensible
- Independently look at the company’s quarterly risk scoring and advise the company accordingly
- Comply with the PRA and FCA rules for approved persons including the carrying out of those duties and obligations designated by the Senior Managers Regime
This role is for 8 days per year.
Non-Executive Director - Ethics in London employer: Audit & Risk Recruitment
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Contact Details:
Audit & Risk Recruitment Recruitment Team
