At a Glance
- Tasks: Lead risk management initiatives and collaborate with stakeholders to enhance risk culture.
- Company: Join a forward-thinking company with a century-long legacy and exciting growth plans.
- Benefits: Enjoy competitive salary, generous leave, health cash plan, and career progression opportunities.
- Why this job: Make a real impact in risk management while developing your skills in a dynamic environment.
- Qualifications: Experience in operational risk management and strong analytical skills required.
- Other info: Flexible location with opportunities for personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Location: Flexible on location and visits to our offices in Wimbledon and Nottingham as and when required.
Salary: Competitive
Contract: Full Time
We have a fantastic opportunity for a Group Senior Risk Manager to join our organisation. They will be working as part of the Group Risk Team to closely collaborate with business stakeholders, first line risk champions and all lines of defence, embed robust enterprise risk management practices, play a key role as part of the Group Risk Team to create a positive risk culture across the business and get involved in the day‑to‑day risk activities including risk identification and trend analysis, risk assessment, supporting the business on operating risks events and issues and collation of reporting for risk and associated governance forums. They will also lead the business to ensure groupwise risk policies and processes are applied and embedded, lead risk assessments as part of the RCSA process and contribute to emerging risks, lead the team and the business to implement and embed the operational risk events process, and work as part of the Group Risk Team to collate and produce risk reporting for presentation at governance forums.
Key Responsibilities:
- Work closely with business stakeholders to identify, assess and report on risks, opportunities and control effectiveness, ensuring group risk management processes are consistently embedded across the function.
- Support day-to-day risk management activities including managing the RCSA process, tracking and analysing operational risk events, monitoring risk appetite and KRIs, preparing risk reporting and coordinating risk packs for forums and committees.
- Provide coordination, interpretation and guidance on group risk policies, ensuring the business understands and applies them appropriately.
- Build strong relationships with stakeholders across the business to promote effective risk management and ensure key issues are understood and acted upon.
Skills and experience required:
- Strong background in operational risk management, ideally within the insurance sector.
- Good understanding of risk frameworks, governance structures and control environments.
- Experience in risk assurance and control testing, with the ability to identify gaps and recommend improvements.
- Proven stakeholder engagement skills, able to build effective working relationships.
- Strong analytical abilities with a structured, problem‑solving mindset.
- A collaborative team player who shows initiative and takes ownership.
We offer lots of great benefits!
- Competitive salary and annual discretionary bonus
- 25 days annual leave plus bank/public holidays, as well as an annual option to buy up to 5 additional days of annual leave
- Training opportunities as well as clearly defined career progression
- Health cash plan - employer funded cover to enable you to claim money back on essential healthcare costs, including dental, optical, physiotherapy and many more. Cover also includes unlimited access to a 24/7 virtual GP service
- Attractive company pension scheme
- Life assurance - employer funded cover of 4x basic salary
- Dedicated online benefit portal offering access to saving and lending facilities, financial wellbeing and support services:
- Salary Finance - access to savings and borrowing through payroll
- Car Leasing - access to a carbon neutral salary sacrifice car leasing scheme, with an all-inclusive monthly cost covering all charge, taxes, insurance, repairs and maintenance on a range of brand-new vehicles
- Travel Loans - interest free loans to help spread the cost of annual travel tickets
- Cycle to Work - tax efficient bike and cycling equipment worth up to £1,000
Domestic & General are an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please note that we have a thorough referencing process, which includes criminal record checks. At Domestic & General, we are proud of our 100-year legacy and excited about our future growth plans. We are expanding our horizons, entering new markets and territories internationally and we need your expertise to help us on the journey.
Group Senior Risk Manager employer: Domestic and General Group Limited
Contact Detail:
Domestic and General Group Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Senior Risk Manager
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or through mutual connections. Ask them about their experiences and any tips they might have for the interview process. This can give you insider knowledge and help you stand out.
✨Tip Number 2
Prepare for the interview by brushing up on your risk management knowledge. Familiarise yourself with the latest trends in operational risk, especially within the insurance sector. Being able to discuss these topics confidently will show you're serious about the role.
✨Tip Number 3
Practice your STAR technique for answering behavioural questions. Think of specific examples from your past experience that demonstrate your skills in risk assessment and stakeholder engagement. This will help you articulate your value effectively during the interview.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team. Good luck!
We think you need these skills to ace Group Senior Risk Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in operational risk management, especially within the insurance sector. We want to see how your skills align with the key responsibilities outlined in the job description.
Showcase Your Stakeholder Skills: Since building strong relationships is crucial for this role, include examples of how you've effectively engaged with stakeholders in the past. We love seeing collaborative team players who can take ownership and drive initiatives.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use bullet points where necessary to make it easy for us to read through your qualifications and experiences. We appreciate a structured approach!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Domestic and General Group Limited
✨Know Your Risk Management Inside Out
Make sure you brush up on your knowledge of operational risk management, especially within the insurance sector. Be prepared to discuss specific frameworks and governance structures you've worked with, as well as any control testing you've conducted.
✨Showcase Your Stakeholder Engagement Skills
Think of examples where you've built strong relationships with stakeholders. Be ready to explain how you’ve promoted effective risk management and tackled key issues in previous roles. This will demonstrate your ability to collaborate and communicate effectively.
✨Prepare for Scenario-Based Questions
Expect questions that ask you to identify risks or assess control effectiveness in hypothetical situations. Practise articulating your thought process and problem-solving approach, as this will highlight your analytical abilities and structured mindset.
✨Demonstrate Your Initiative and Ownership
Be ready to share instances where you've taken ownership of projects or processes. Highlight how you’ve shown initiative in implementing risk management practices or improving existing ones, as this aligns with the collaborative team player they’re looking for.