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 wellness perks.
- Other info: Great career growth opportunities and a chance to make a real impact.
- Why this job: Shape the future of risk management in a dynamic environment.
- Qualifications: 8+ years in asset management or insurance; strong analytical skills required.
The predicted salary is between 70000 - 90000 € 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.
- Support the ORSA reporting process from a market, credit and liquidity risk perspective.
- Contribute 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.
- 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.
- 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 in London employer: Convex Insurance Ltd.
At Convex Group, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Our London office offers a dynamic environment where you can engage directly with key decision-makers, enjoy generous benefits such as a competitive salary, extensive annual leave, and a strong focus on employee development through learning and wellbeing initiatives. Join us to be part of a forward-thinking team that values your contributions and supports your professional growth in the financial market risk landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Market Risk Senior Manager in London
✨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 on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience and how it aligns with their needs. Use specific examples from your past roles to demonstrate your expertise in financial market risk.
✨Prepare for Interviews
Do your homework on the company and the role. Be ready to discuss how you can contribute to their goals, especially in terms of risk management. Practise common interview questions and think about how you can showcase your analytical skills.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Convex Group.
We think you need these skills to ace Financial Market Risk Senior Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that align with the Financial Market Risk Senior Manager role. Highlight your relevant achievements in risk management, investment fundamentals, and any leadership roles you've held.
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 makes you the perfect fit. Don’t forget to mention your understanding of risk management methodologies and your collaborative spirit.
Showcase Your Analytical Skills:In your application, emphasise your analytical abilities and problem-solving skills. Provide examples of how you've successfully diagnosed and resolved issues in previous roles, especially in relation to financial market risks.
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of success. It’s the easiest way for us to keep track of your application and ensure it gets the attention it deserves!
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 experience with quantitative and qualitative risk reviews. Bring specific examples of deep-dive analyses you've conducted and how they impacted decision-making. This will highlight your analytical prowess and self-starter attitude.
✨Prepare for Technical Questions
Expect technical questions related to capital modelling and risk-based economic models like Solvency II. Brush up on these topics and be prepared to explain your thought process and any relevant experiences. This will demonstrate your expertise and readiness for the role.