Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead a team to develop and implement risk strategies while ensuring business safety.
- Company: Join DLG, a leading insurance provider focused on customer-centric solutions and innovation.
- Benefits: Enjoy 30 days holiday, 50% off insurance, and an EV car scheme among other perks.
- Why this job: Be part of a dynamic team that values your skills and encourages personal growth.
- Qualifications: Extensive risk management experience in insurance, strong leadership, and analytical skills required.
- Other info: DLG promotes diversity and inclusivity, ensuring everyone can thrive in their careers.
The predicted salary is between 54000 - 84000 £ per year.
DLG is evolving. Across every facet of our business, our teams are embracing new opportunities and putting customers at the heart of everything they do. By joining them, you’ll have the opportunity to not just be recognised for your skills but encouraged to build upon them and empowered to do your absolute best.
The role involves providing significant contribution to the development and evolvement of our Enterprise Risk strategies and frameworks to minimise and control our business risk. Under your leadership, your team of Business Risk Managers and Analysts will work with all areas of the business to ensure appropriate risk assessments/registers are completed, and identify mitigating actions to maintain key controls. You will be responsible for monitoring our risk profile against the risk appetite, developing valuable insight and risk reporting which would be shared with the Board, Executive Committee, and relevant committees. This also means you'll be trusted to challenge our risk profiles and appetite with our internal stakeholders, through thoughtful review and analysis.
Change is constantly happening, whether it be the economy, politically, or environmentally. We’re looking for someone naturally curious who keeps up-to-date with external trends and insights and will help us develop and constantly keep our Risk policies, minimum standards, templates, and tools up-to-date to ensure they’re still fit for our business and ensure we’re behaving safely while growing!
What else you’ll be doing:
- Developing and maintaining the overall Risk assurance plan, including any deep dive risk reviews linked to non-financial risks/business risks.
- Producing the ‘Own Risk and Solvency Assessment’ (ORSA) report in partnership with our Insurance & Market Risk team and the Model Validation teams.
- Implementing Enterprise Risk assessment methodologies, models, and systems and provide thought leadership and guidance for new operational risks through internal and external developments.
- Promoting a strong awareness of risk management across the business and ensuring the group has a robust approach to operational resilience.
- Supporting the Non-Financial Risk Director in maintaining and enhancing risk governance and oversight, via structured and ad hoc or change-related activities.
- Recruiting, leading, and empowering your team to be a high-performing, value-adding team!
- Facilitating the running of the Operational Risk Committee.
What we’re looking for:
- Extensive experience in Risk Management, gained within an Insurance environment, with a focus on non-financial and operational risk.
- Proven ability to lead and develop high-performing teams.
- Strong knowledge of risk frameworks, policies, and methodologies.
- Experience producing or contributing to ORSA reports.
- Excellent analytical skills with the ability to turn data into meaningful insight for senior stakeholders including Board and Executive Committees.
- Confident communicator, skilled at influencing and challenging at senior levels across the business.
- Demonstrated ability to stay informed and respond to emerging risks, market trends, and regulatory changes.
Hours: 35 hours (Monday - Friday)
We recognise we wouldn’t be where we are today without our colleagues, that’s why we offer excellent benefits designed to suit your lifestyle:
- 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
- Up to 20% annual bonus.
- 30 days holiday + bank holidays and option to buy or sell up to 5 days.
- Additional optional Health and Dental insurance.
- EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
- Buy as you earn share scheme.
- Employee discounts and cashback.
- Plus many more.
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We’re delighted to feature as one of the UK’s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.
Head of Business Risk (London) employer: Direct Line Insurance Group
Contact Detail:
Direct Line Insurance Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Business Risk (London)
✨Tip Number 1
Familiarise yourself with the latest trends in risk management, especially within the insurance sector. This will not only help you understand the current landscape but also demonstrate your proactive approach during interviews.
✨Tip Number 2
Network with professionals in the risk management field, particularly those who have experience in non-financial and operational risks. Engaging in conversations can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've led teams and managed risk frameworks in previous roles. Highlighting your leadership skills and ability to influence senior stakeholders will be crucial.
✨Tip Number 4
Stay updated on regulatory changes and emerging risks that could impact the insurance industry. Being knowledgeable about these factors will show your commitment to the role and your capability to adapt strategies accordingly.
We think you need these skills to ace Head of Business Risk (London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in Risk Management, particularly within an Insurance environment. Emphasise your leadership skills and any relevant achievements that demonstrate your ability to develop high-performing teams.
Craft a Compelling Cover Letter: In your cover letter, express your passion for risk management and how you can contribute to DLG's evolving strategies. Mention specific examples of how you've successfully managed non-financial risks and produced ORSA reports in the past.
Showcase Analytical Skills: Provide examples in your application that illustrate your excellent analytical skills. Discuss how you've turned data into meaningful insights for senior stakeholders, including Board and Executive Committees.
Demonstrate Communication Skills: Highlight your confident communication abilities in your application. Share instances where you've influenced and challenged senior levels across the business, showcasing your capability to engage with internal stakeholders effectively.
How to prepare for a job interview at Direct Line Insurance Group
✨Understand the Role Thoroughly
Before the interview, make sure you have a deep understanding of the Head of Business Risk role. Familiarise yourself with the key responsibilities, such as developing risk strategies and frameworks, and be prepared to discuss how your experience aligns with these requirements.
✨Showcase Your Leadership Skills
As this role involves leading a team of Business Risk Managers and Analysts, be ready to share examples of how you've successfully led teams in the past. Highlight your ability to empower others and drive high performance within your team.
✨Prepare for Analytical Questions
Given the emphasis on analytical skills in the job description, prepare to discuss how you've turned data into meaningful insights. Be ready to provide specific examples of reports or analyses you've produced, particularly in relation to ORSA or risk assessments.
✨Stay Informed About Industry Trends
Demonstrate your curiosity and awareness of external trends that impact risk management. Be prepared to discuss recent developments in the insurance industry, regulatory changes, or emerging risks, and how they might affect the company's risk profile.
