Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support financial risk management and lead independent model validation for a global insurer.
- Company: Join a leading global specialty insurer with a focus on innovation.
- Benefits: Full-time role with competitive salary and opportunities for professional growth.
- Why this job: Make an impact in financial risk while collaborating with diverse teams.
- Qualifications: Part-qualified actuary with general insurance experience and strong analytical skills.
- Other info: Dynamic environment in London with excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Edenbrook are partnering with a leading global specialty insurer on a Financial Risk Manager opportunity.
Responsibilities
- Support the Head of ERM by providing challenge, oversight, and risk opinions on financial-risk matters including capital, reserving, product design and pricing, exposure management, business planning, solvency, and climate-related issues.
- Lead the independent validation of the internal model to meet Lloyd’s and PRA requirements; perform annual parameterisation reviews and updates for operational risk modelling.
- Coordinate and manage external consultancies in the delivery of projects.
- Contribute to the development, implementation, and embedding of risk appetite statements and related metrics.
- Support Risk and Control Self Assessments (RCSA) for financial-risk areas, including emerging and climate-related risks.
- Support production of the Own Risk and Solvency Assessment (ORSA), including coordination of stress and scenario testing.
- Represent the financial risk function at relevant committees and sub-committees.
- Build strong working relationships with internal stakeholders and external advisors.
- Support strategic and regulatory projects, regulatory reporting, and responses to regulatory enquiries.
- Maintain up-to-date knowledge of technical developments, regulations, and professional guidance, and deepen understanding of the business and its strategy.
- Assist with other Legal, Risk, and Compliance activities as required.
Knowledge and Skills
- Part-qualified or nearly qualified actuary with general insurance experience.
- Experience within the Lloyd’s market in a Capital or Risk function (preferred).
- Strong technical skills in data manipulation using Excel and analytical tools; ability to design solutions for complex problems using technology.
- Proven ability to produce board-level reports and communicate complex topics to varied audiences.
- Excellent time-management skills and ability to handle competing priorities.
- Effective collaborator across functions such as Underwriting, Claims, and Finance, with strong stakeholder-management skills.
- High level of accuracy, attention to detail, and a diligent working approach.
Seniority Level Mid-Senior level
Employment Type Full-time
Job Function Other
Industry Insurance
Location: London, England, United Kingdom
Financial Risk Manager employer: Edenbrook
Contact Detail:
Edenbrook Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Risk Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to the role you're after. A friendly message on LinkedIn can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by practising common questions related to financial risk management. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your skills effectively.
✨Tip Number 3
Showcase your expertise! Bring along examples of your work or case studies that highlight your experience in risk assessment and management. This will help you stand out and demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can leave a lasting impression and keep you top of mind. Plus, it shows your enthusiasm for the role and the company.
We think you need these skills to ace Financial Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Financial Risk Manager role. Highlight your experience in risk management, especially within the Lloyd’s market, and showcase your technical skills in data manipulation and reporting.
Craft a Compelling Cover Letter: Your cover letter should tell us why you’re the perfect fit for this role. Use specific examples from your past experiences that align with the responsibilities mentioned in the job description, like your work on capital or reserving.
Showcase Your Technical Skills: Since strong technical skills are crucial, don’t shy away from mentioning your proficiency in Excel and any analytical tools you’ve used. We want to see how you can design solutions for complex problems!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at Edenbrook
✨Know Your Numbers
As a Financial Risk Manager, you'll need to be comfortable with data and analytics. Brush up on your Excel skills and be ready to discuss how you've used data to solve complex problems in the past. Prepare examples that showcase your technical skills and how they relate to financial risk.
✨Understand the Regulatory Landscape
Familiarise yourself with the latest regulations affecting the insurance industry, especially those related to Lloyd’s and PRA requirements. Being able to discuss these topics confidently will show that you’re not just knowledgeable but also proactive about staying updated in your field.
✨Showcase Your Stakeholder Skills
This role requires strong collaboration across various functions. Think of specific instances where you've successfully managed relationships with stakeholders. Be prepared to share how you’ve communicated complex topics to different audiences, as this will highlight your ability to bridge gaps between technical and non-technical teams.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that test your problem-solving abilities. Practice articulating your thought process when faced with hypothetical situations related to capital, reserving, or climate-related risks. This will demonstrate your analytical thinking and decision-making skills under pressure.
