Senior Risk Manager - FTC 12 Months Apply now
Senior Risk Manager - FTC 12 Months

Senior Risk Manager - FTC 12 Months

London Temporary 43200 - 72000 £ / year (est.)
Apply now
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At a Glance

  • Tasks: Lead risk management initiatives and foster a culture of risk awareness at Direct Line Group.
  • Company: Join Direct Line Group, a powerhouse in the insurance industry with renowned brands.
  • Benefits: Enjoy flexible hybrid working, 30 days annual leave, and a 9% employer pension contribution.
  • Why this job: Be part of a transformative team shaping risk management and influencing company culture.
  • Qualifications: Significant experience in risk and controls within regulated environments, preferably insurance.
  • Other info: Embrace diversity and inclusion in a supportive workplace that values your unique perspective.

The predicted salary is between 43200 - 72000 £ per year.

Job Description

About Us

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

We are Direct Line Group – home to some of the country’s best-known brands including Direct Line, Churchill, Privilege and Green Flag. DLG’s growth is supported by our Risk & Compliance function which develops, implements and maintains risk management policies, procedures, tools, and framework for us. We are currently recruiting for 2 x Senior Risk Managers for our COO & Motor functions.

What you’ll be doing

Direct Line Group (DLG) has created a new Chief Controls Office (CCO) within the first line of defence as part of groupwide risk and control transformation programme that is now in its second year. This provides a unique opportunity to be part of a group of skilled risk professionals that are redeveloping the end-to-end risk and control framework, which includes launching new RCSAs, control testing, a new integrated risk management system, as well as rebuilding risk management capabilities across the first line and positively influencing a robust risk aware culture across DLG. As a Senior Risk Manager in CCO your role will be to:

Key Accountabilities

  1. Ensuring DLG fosters a culture of risk awareness and controls.
  2. Support leadership of risk management and the RCSA process in the assigned business areas. Enable the business to understand their control environment, relative risks and drive a culture of action planning and remediation resolution.
  3. Deputise for Head of Risk (First Line) as required.
  4. Extensive experience in delivering risk frameworks, control reviews and risk profile design and delivery.
  5. Ability to define key actions and lead pieces of work that support CCO and the wider business.
  6. Drive the root cause resolution of control failures and gaps in the business functions risk and control profile to continually strengthen the risk and control environment and outlook of the function, protecting customer and business outcomes.
  7. Develop methods to identify key risks that may impact our operations, the delivery of the DLG business strategy, or present a threat to our group risk appetite or compliance status.
  8. Build relationships at every level, with excellent stakeholder management skills, influence and drive decisions/actions across senior stakeholders and up to executive level.
  9. Communicate complex topics in a relevant and simple way, with excellent communication skills – written and verbal.
  10. Successfully manage multiple conflicting critical priorities at once, ensuring stakeholder alignment and delivery date achievement, both in time and quality outputs/outcomes.
  11. Impactful presenting skills, through gravitas and knowledge to drive the right customer and business outcomes.
  12. Drive first line risk and assurance governance objectives, ensuring accurate management information and reporting.
  13. Ownership of Workiva (risk system) and data inputs, ensuring risk teams have the right capability and necessary skills training to provide quality outputs.
  14. Develop and deliver reports that provide a real-time compliance dashboard for use at all levels of the organisation and enables tangible and visible risk reduction.
  15. Keep up with emerging technologies, industry trends, and regulatory change.
  16. Lead and mentor a team of Risk and compliance specialists, facilitating teamwork dynamics and interactions with the business.
  17. Drive collaboration across risk functions, operational teams and change programmes to ensure the appropriate technical capacity, capability and knowledge sharing is in place.
  18. Manage and maintain relationships with senior stakeholders within DLG and externally – with suppliers, partners, etc.
  19. Awareness of audit and testing assurance programmes and ensure business is aware and taking action to support regulatory requirements as well internal standards and policies.
  20. Work closely and collaboratively with the Central Control Testing & Assurance Teams, as well as the Central Policy, Framework and Reporting Team within the Chief Controls Office.

What you’ll need

Technical

  1. Significant Risk and Controls experience in a highly regulated business environment, ideally gained in the Insurance industry.
  2. Ability to undertake risk deep dives including process review, root cause analysis, impact assessment and risk response.
  3. Experience in leading, managing and delivering governance, risk and assurance initiatives and embedding frameworks.
  4. Strong collaboration, conflict resolution, influencing and negotiation skills.
  5. Demonstrated ability in strong verbal and written communication skills to interface with both technical and non-technical stakeholders.
  6. Ability to engage people through leading by example and cultivating an integrated risk culture of transparency and curiosity.

Ways of working

Our hybrid model way of working offers a ‘best of both worlds’ approach combining the best parts of home and office-working, offering flexibility for everyone. When you’ll be in the office depends on your role, but most colleagues are in 2 days a week, and we’ll consider the flexible working options that work best for you. This role will be based at our London Office.

What we’ll give you

We wouldn’t be where we are today without our people and the wide variety of perspectives and life experiences they bring. That’s why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role. Our core benefits include:

  1. 9% employer contributed pension.
  2. 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
  3. Additional optional Health and Dental insurance.
  4. Up to 20% bonus.
  5. EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  6. Private Healthcare.
  7. 30 days annual leave.
  8. Buy as you earn share scheme.
  9. Employee discounts and cashback.
  10. Plus many more!

Being Yourself

Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work – that’s why we champion diverse voices, build workplaces that work for people, and invest in the things that matter. From senior leadership to inclusivity networks, adaptive working to inclusion training, we’ve made it our mission to give you everything you need to be authentically you. Discover more at directlinegroupcareers.com

Together we’re one of a kind.

#LI-AW1

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Senior Risk Manager - FTC 12 Months employer: Direct Line Group

At Direct Line Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London office provides a vibrant environment where you can thrive, supported by a comprehensive benefits package including a generous pension scheme, flexible working options, and extensive employee discounts. We are committed to your professional growth, providing opportunities for mentorship and development within our skilled risk management team, ensuring you can make a meaningful impact while enjoying a rewarding career.
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Contact Detail:

Direct Line Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Manager - FTC 12 Months

✨Tip Number 1

Familiarize yourself with the specific risk management frameworks and tools used in the insurance industry. Understanding these will help you demonstrate your expertise during discussions with our team.

✨Tip Number 2

Showcase your ability to communicate complex risk topics simply and effectively. Prepare examples of how you've successfully influenced stakeholders at various levels in previous roles.

✨Tip Number 3

Highlight your experience in leading teams and mentoring others in risk management. We value collaboration, so be ready to discuss how you've fostered a risk-aware culture in past positions.

✨Tip Number 4

Stay updated on emerging technologies and regulatory changes in the risk management space. Being knowledgeable about current trends will set you apart as a candidate who is proactive and forward-thinking.

We think you need these skills to ace Senior Risk Manager - FTC 12 Months

Risk Management
Control Framework Development
Stakeholder Management
Root Cause Analysis
Governance and Compliance
Process Review
Impact Assessment
Conflict Resolution
Influencing Skills
Verbal and Written Communication
Team Leadership and Mentoring
Data Analysis
Emerging Technologies Awareness
Presentation Skills
Collaboration Across Functions

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Risk Manager position. Tailor your application to highlight your relevant experience in risk management and controls, especially within a regulated environment.

Highlight Relevant Experience: In your CV and cover letter, emphasize your significant experience in delivering risk frameworks and control reviews. Provide specific examples of how you've successfully managed risk and assurance initiatives in previous roles.

Showcase Communication Skills: Given the importance of communication in this role, ensure that your application reflects your strong verbal and written communication skills. Use clear and concise language, and consider including examples of how you've effectively communicated complex topics to various stakeholders.

Demonstrate Leadership and Collaboration: The role requires strong leadership and collaboration skills. Highlight any experience you have in mentoring teams or leading projects, and provide examples of how you've built relationships with senior stakeholders to drive decisions and actions.

How to prepare for a job interview at Direct Line Group

✨Understand the Risk Framework

Make sure you have a solid grasp of risk management frameworks, especially those relevant to the insurance industry. Be prepared to discuss your experience in delivering risk frameworks and how you've contributed to a culture of risk awareness in previous roles.

✨Showcase Stakeholder Management Skills

Highlight your ability to build relationships with stakeholders at all levels. Prepare examples of how you've influenced decisions and actions across senior stakeholders, demonstrating your strong communication and negotiation skills.

✨Demonstrate Problem-Solving Abilities

Be ready to discuss specific instances where you've identified key risks and implemented solutions. Use the STAR method (Situation, Task, Action, Result) to structure your responses and showcase your analytical skills.

✨Prepare for Technical Questions

Expect questions related to risk deep dives, root cause analysis, and governance initiatives. Brush up on your technical knowledge and be prepared to explain complex topics in a simple way, as this will reflect your ability to communicate effectively with both technical and non-technical stakeholders.

Senior Risk Manager - FTC 12 Months
Direct Line Group Apply now
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  • Senior Risk Manager - FTC 12 Months

    London
    Temporary
    43200 - 72000 £ / year (est.)
    Apply now

    Application deadline: 2027-01-08

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    Direct Line Group

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