Head of Insurance Risk

Head of Insurance Risk

Full-Time 80000 - 100000 £ / year (est.) No working from home possible
Convex

At a Glance

  • Tasks: Lead the Insurance Risk team and oversee strategic risk management across the Group.
  • Company: Join a dynamic insurance firm committed to innovation and collaboration.
  • Benefits: Competitive salary, career development opportunities, and a supportive work environment.
  • Other info: Be part of a visible leadership role with excellent growth potential.
  • Why this job: Make a significant impact by shaping risk strategies and mentoring a dedicated team.
  • Qualifications: Proven leadership skills and expertise in insurance risk management.

The predicted salary is between 80000 - 100000 £ per year.

We are seeking a strategic and collaborative Head of Insurance Risk to lead our Insurance Risk team within the Group Risk Management function. Reporting directly to the Group CRO, you will also be part of the Risk Leadership team. You will play a pivotal role in overseeing insurance risks across the Group and ensuring they are taken in line with Convex’s strategic objectives and core values. This is a highly visible leadership position where relationship-building is just as important as technical expertise. You will act as a trusted advisor to the business, partnering closely with Underwriting leaders and other key stakeholders to provide insightful, independent risk insights. Furthermore, you will lead, mentor, and empower a dedicated team of three, fostering a culture of continuous growth and collaboration.

Key Responsibilities

  • Strategic advisory and partnership: Cultivate deep, collaborative relationships with Underwriters, Exposure Management, Capital Modelling, Ceded Re, and Actuarial teams. Act as a sounding board and strategic partner to enhance risk mitigation controls without stifling innovation.
  • Team leadership and development: Lead, coach, and nurture a team of three risk professionals. Champion their career development, well-being, and success within the wider Risk Management function.
  • Risk strategy and appetite: Review and challenge insurance risk appetite setting and monitor the Group and entities’ risk appetite utilisation against the approved risk appetite limits. Review and challenge the Group and entities’ annual business plan. Deliver risk opinions on new strategic initiatives.
  • Executive reporting and governance: Design and deliver high-impact, insightful Risk MI for Executive Committees and Boards. Discuss insurance risk related matters at key governance forums.

Head of Insurance Risk employer: Convex

At Convex, we pride ourselves on being an exceptional employer, offering a dynamic work environment in the heart of London. Our culture fosters collaboration and innovation, empowering employees to grow through mentorship and strategic partnerships. With a commitment to employee well-being and professional development, we provide unique opportunities for meaningful contributions within the insurance risk landscape.

Convex

Contact Details:

Convex Recruitment Team

We think you need these skills to ace Head of Insurance Risk

Strategic Advisory
Relationship Building
Risk Mitigation
Team Leadership
Coaching and Mentoring
Risk Appetite Setting
Business Planning