At a Glance
- Tasks: Lead the Risk Committee, ensuring effective oversight and strategic direction.
- Company: Dynamic London-based insurance firm focused on risk management.
- Benefits: Flexible commitment of 8 days per year with strategic influence.
- Other info: Join a team of experts dedicated to audit and risk recruitment.
- Why this job: Shape the future of risk management in a leading insurance company.
- Qualifications: Extensive experience in risk management and board-level strategy.
The predicted salary is between 60000 - 80000 £ 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
- fosters an open, inclusive discussion which challenges executives where appropriate;
- devotes 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.
Contact Details:
Audit & Risk Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Non Executive Director in Slough
✨Get Involved in Insurance Networks
Join industry-specific forums and networks like the Chartered Insurance Institute (CII) or participate in local insurance meetups. These are great places to connect with potential clients and other freelancers who might need your expertise. Plus, you’ll stay up to date with market trends and insights that could help you land more gigs!
✨Showcase Your Expertise Online
Craft a solid online presence by sharing articles, insights, or case studies related to your insurance niche on platforms like LinkedIn or your own blog. This will not only demonstrate your knowledge but also make you more visible to companies like Audit & Risk Recruitment looking for freelance insurance pros.
✨Leverage Remote Work Platforms
Sites like Upwork and Freelancer can be goldmines for freelance insurance work. Create a killer profile that highlights your skills and experiences, then actively bid on insurance projects. It’s a great way to build your portfolio and gain client testimonials.
✨Use Personal Connections
Sometimes it’s all about who you know! Let friends, family, and past colleagues know you’re freelancing in the insurance field. They can connect you with potential clients or even recommend you for projects directly. Personal referrals can be a powerful way to get your foot in the door!
We think you need these skills to ace Non Executive Director in Slough
Some tips for your application 🫡
Show Us Your Insurance Savvy:For a freelance role in insurance, we want to see your expertise shine through. Make sure to highlight any relevant experience in underwriting, claims, or risk assessment in your CV. If you’ve got certifications like the CII or anything similar, slap those on there too!
Craft a Killer Portfolio:Your portfolio should showcase your best work, especially if you've tackled projects in policy writing, risk management, or insurance analytics. Include case studies or examples of your contributions in the insurance sector to give us a clear picture of what you can do!
Rates and Availability Matter:As a freelancer, it’s crucial to be upfront about your rates and availability. When applying, include a brief note about your expected hourly or project-based rates, and let us know how much time you can dedicate to this role. Transparency will help us plan better!
Tailor Your Application:Don't just copy-paste your CV and cover letter! We appreciate when you take the time to tailor your application to Audit & Risk Recruitment and the Non Executive Director role. Mention why you’re drawn to working with us specifically and how your skills will benefit our team in the insurance field.
How to prepare for a job interview at Audit & Risk Recruitment
✨Show Off Your Knowledge of Insurance Tools
When you're freelancing in the insurance realm, it's crucial to demonstrate familiarity with industry-standard tools like Actuarial Software or Claims Management Systems. Brush up on how you've used these in your past work or studies, so you can confidently discuss how they'd be beneficial to Audit & Risk Recruitment.
✨Prepare Your Portfolio of Past Work
For a freelance gig, your portfolio speaks volumes! Gather examples of previous projects—like insurance policy analyses, risk assessments, or client presentations—that showcase your skills and experience in the field. Be ready to walk through these examples at the interview to demonstrate your value.
✨Understand the Freelance Expectations
Freelancing often means more of a project-based approach, so be prepared to discuss your availability and how you manage multiple clients. Since you’ll likely need to fit into existing workflows at Audit & Risk Recruitment, clarify how you can adapt to their processes and help fill gaps in their current operations.
✨Anticipate Scenario-Based Questions
Expect the interviewers to put you on the spot with real-life insurance scenarios—like claims processing or risk mitigation situations. They want to see how you think on your feet. Practice articulating your thought processes clearly and confidently to show them you can handle the unpredictable nature of the industry.
