At a Glance
- Tasks: Lead financial market risk strategies and collaborate with key investment teams.
- Company: Join a leading global insurer with a flat hierarchy and innovative culture.
- Benefits: Enjoy competitive salary, generous leave, and extensive health benefits.
- Other info: Opportunities for professional growth and a supportive work environment.
- Why this job: Shape the future of risk management in a dynamic and impactful role.
- Qualifications: 8+ years in asset management or insurance, with strong analytical skills.
The predicted salary is between 80000 - 100000 £ per year.
As a Senior Manager in the Financial Market Risk team, you will not merely observe risk from the periphery; you will be instrumental in building for the future. Convex Group’s flat hierarchy and use of technology provides the opportunity to move beyond narrow technical remits and engage with the genuine big picture. We operate in a way that prioritises agility and direct impact. This role offers significant business partnering opportunities, requiring you to collaborate closely with Investment, Treasury, and Actuarial teams to inform and influence our risk appetite. Based in our London office, you will report to the Head of Financial Market Risk, enjoying a high degree of involvement in decision-making and a line of visibility that sits just two steps from the Group Chief Risk Officer. We are looking for a sophisticated practitioner who values the chance to help shape a leading global insurer during an ambitious phase of its evolution.
Key Responsibilities
- Build strong relationships with the investment, treasury, capital modelling, and actuarial teams, ensuring the risk team understand and are kept fully informed of any new initiatives which impact financial market risks.
- Engage with internal and external investment managers to share market insights and risk assessments.
- Lead the production of Risk Opinions for the investment plan, new investment managers, and new asset classes, including overseeing the work of the FMR senior analyst.
- Review the monthly and quarterly reporting produced by the FMR senior analyst.
- Provide oversight of the calibration and validation of investment and credit risk parameters used in capital modelling.
- Supporting the ORSA reporting process from a market, credit and liquidity risk perspective.
- Contributing to quantitative and qualitative reviews of risk on a regular basis, including deep-dive analysis.
- Represent the FMR team in risk committee or investment committee meetings.
Skills Knowledge and Expertise
- Minimum 8 years’ experience in the asset management, insurance, or pension industry.
- Excellent understanding of investment fundamentals, including the range of asset classes a P&C insurer would typically invest in.
- Experience of modelling investments within the context of portfolio design, ALM / SAA, or risk.
- An understanding of risk management methodologies such as Value-at-risk (VaR).
- Experience of risk-based economic and capital models such as Solvency II and BSCR is a plus.
- Self-starter attitude and proven ability to diagnose and resolve issues and strong analytical skills.
- Graduate degree related to finance, economics, actuarial or equivalent.
- A relevant professional qualification such as CFA, FRM, or FIA/FFA.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance
- Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Financial Market Risk Senior Manager employer: Convex Insurance Ltd.
At Convex Group, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Our flat hierarchy fosters direct engagement with senior leadership, providing you with unparalleled visibility and influence in shaping our risk strategies. With a strong commitment to employee growth, competitive benefits, and a culture that values agility and impact, we empower our team members to make meaningful contributions while enjoying a fulfilling work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Market Risk Senior Manager
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can't.
✨Showcase Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience and knowledge in financial market risk. Share specific examples of how you've tackled challenges in the past – it’ll show them you’re the real deal!
✨Prepare for Interviews
Do your homework before interviews! Understand the company’s risk appetite and recent initiatives. This will help you tailor your responses and demonstrate that you’re not just another candidate, but someone who truly gets their business.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Financial Market Risk Senior Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your expertise in financial market risk and any relevant qualifications like CFA or FRM. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background aligns with our needs. Don’t forget to mention your experience in building relationships with investment and actuarial teams.
Showcase Your Analytical Skills:Since this role involves deep-dive analysis and risk assessments, make sure to include examples of your analytical prowess. We love seeing how you've tackled complex problems in the past and what impact your solutions had.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Convex Insurance Ltd.
✨Know Your Risk Fundamentals
Make sure you brush up on your understanding of investment fundamentals and risk management methodologies like Value-at-risk (VaR). Being able to discuss these concepts confidently will show that you’re not just familiar with the theory but can apply it in practice.
✨Build Relationships in Mind
Since this role involves collaborating closely with various teams, think about how you can demonstrate your relationship-building skills. Prepare examples of how you've successfully partnered with investment, treasury, or actuarial teams in the past to influence risk appetite.
✨Showcase Your Analytical Skills
Be ready to discuss your analytical approach to diagnosing and resolving issues. Bring specific examples of how you've conducted quantitative and qualitative reviews of risk, and be prepared to dive deep into your thought process during the interview.
✨Engage with Market Insights
Familiarise yourself with current market trends and insights relevant to the financial market risk landscape. Being able to engage in discussions about recent developments will not only showcase your knowledge but also your enthusiasm for the role and the industry.
