At a Glance
- Tasks: Lead financial market risk strategies and collaborate with key teams to shape investment decisions.
- Company: Join a leading global insurer with a flat hierarchy and innovative culture.
- Benefits: Enjoy competitive salary, generous leave, health insurance, and learning opportunities.
- Other info: Be part of an ambitious team with excellent career growth potential.
- Why this job: Make a real impact in a dynamic environment while shaping the future of finance.
- Qualifications: 8+ years in asset management or insurance, with strong analytical and risk management skills.
The predicted salary is between 80000 - 100000 £ per year.
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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
- GBP 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
At Convex Group, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Senior Manager in Financial Market Risk, you will benefit from a competitive salary, generous annual leave, and a strong commitment to employee development, including a substantial learning and wellbeing budget. Our London office offers a dynamic environment where your contributions directly influence the future of a leading global insurer, ensuring that your work is both meaningful and rewarding.
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.
✨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 before interviews! Understand the company’s risk appetite and recent initiatives. This will help you tailor your responses and show that you're genuinely interested in contributing to their goals.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. 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 is tailored to the Financial Market Risk Senior Manager role. Highlight your relevant experience in asset management, insurance, or pensions, and showcase your understanding of investment fundamentals and risk management methodologies.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that demonstrate your ability to build relationships with investment and actuarial teams, and how you can contribute to shaping the future of our organisation.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, be sure to include examples of how you've successfully diagnosed and resolved issues in previous positions. This will help us see your problem-solving abilities in action!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Convex Insurance
✨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 Before the Interview
Since this role involves collaborating closely with various teams, try to connect with professionals in those areas before your interview. This could give you insights into their current initiatives and challenges, which you can reference during your conversation.
✨Prepare for Deep-Dive Questions
Expect to be asked about your experience with quantitative and qualitative risk reviews. Prepare specific examples from your past work where you've conducted deep-dive analyses or contributed to risk assessments, as this will demonstrate your hands-on experience.
✨Showcase Your Self-Starter Attitude
This role requires a self-starter who can diagnose and resolve issues independently. Be ready to share instances where you've taken initiative in your previous roles, particularly in complex situations related to financial market risks.
