At a Glance
- Tasks: Lead risk management initiatives and collaborate with stakeholders to enhance risk culture.
- Company: Join a leading insurance company with a century-long legacy and exciting growth plans.
- Benefits: Enjoy competitive salary, generous leave, health benefits, and career progression opportunities.
- Why this job: Make a real impact in shaping risk management practices and drive positive change.
- Qualifications: Experience in operational risk management and strong analytical skills required.
- Other info: Flexible working location with a supportive and inclusive company culture.
The predicted salary is between 50000 - 65000 £ 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.
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
- Employee Assistance Programme – specialist advice and support on issues such as finance, relationships, illness and family issues
- Employee discounts – with a range of discounts for 100s of online and high street retailers
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.
Group Risk Manager in Nottingham employer: Domestic & General
Contact Detail:
Domestic & General Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Risk Manager in Nottingham
✨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 those tricky interview questions! Think about how your skills in operational risk management can solve real problems for the company. Use the STAR method (Situation, Task, Action, Result) to structure your answers and show off your analytical abilities.
✨Tip Number 3
Show your enthusiasm for the role and the company! Research Domestic & General’s values and recent projects. During the interview, mention how you can contribute to their positive risk culture and align with their goals. It’ll make a great impression!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email reiterating your interest in the position and highlighting a key point from your conversation can keep you fresh in their minds. Plus, it shows you’re proactive and genuinely interested.
We think you need these skills to ace Group Risk Manager in Nottingham
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.
Highlight Analytical Abilities: Demonstrate your strong analytical skills by providing specific instances where you've identified gaps or recommended improvements in risk frameworks. We appreciate a structured, problem-solving mindset!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you don’t miss out on any important details. Plus, remember to attach your Talent Card to showcase your skills and experience.
How to prepare for a job interview at Domestic & General
✨Know Your Risk Frameworks
Make sure you brush up on your understanding of risk frameworks and governance structures. Be ready to discuss how you've applied these in previous roles, especially in operational risk management. This will show that you’re not just familiar with the concepts but can also implement them effectively.
✨Showcase Your Stakeholder Engagement Skills
Prepare examples of how you've built strong relationships with stakeholders in the past. Think about specific situations where your communication and collaboration made a difference in managing risks or improving processes. This will highlight your ability to work well within a team and across departments.
✨Be Ready for Analytical Questions
Expect questions that test your analytical abilities and problem-solving mindset. You might be asked to analyse a hypothetical risk scenario or identify gaps in a given risk management process. Practise structuring your thoughts clearly and logically to demonstrate your structured approach.
✨Understand the Company’s Risk Culture
Research Domestic & General's approach to risk management and their company culture. Be prepared to discuss how you can contribute to creating a positive risk culture within the organisation. Showing that you align with their values will make you a more attractive candidate.