At a Glance
- Tasks: Lead the Non-Financial Risk framework and ensure effective risk management.
- Company: Join a global reinsurer in the dynamic Lloyd's Market.
- Benefits: Competitive salary, career growth, and a chance to shape risk culture.
- Why this job: Make a real impact on risk management in a leading insurance firm.
- Qualifications: Experience in risk management and strong stakeholder engagement skills.
- Other info: Opportunity to lead a team and drive change in a collaborative environment.
The predicted salary is between 130000 - 145000 £ per year.
Opportunity for a Head of Non-Financial Risk with a Global Reinsurer/Specialty Insurer within Lloyd's Market. You will lead the implementation and embedding of the Non-Financial Risk (NFR) framework, ensuring effective identification, assessment and management of non-financial risks in line with the ERM framework, strategic objectives and regulatory requirements. Oversee supporting tools and systems (e.g., GRC platforms).
Key Responsibilities
- Monitor and report non-financial risk exposures and controls to senior management and governing bodies, ensuring regulatory compliance (PRA, FCA, Lloyd’s).
- Provide timely risk advice, challenge and opinions on strategic initiatives, change programmes and new products.
- Support development and embedding of risk appetite metrics, emerging risk assessment and scenario analysis.
- Build strong relationships across the business and develop subject‑matter expertise in key areas.
- Report the overall non-financial risk profile, including exposure levels, control effectiveness and key incidents.
- Contribute to ORSA production and risk reporting to senior committees and the Board.
- Participate in governance forums and elevate material risks as needed; deputise for the Head of ERM in external interactions.
- Collaborate with Legal, Risk & Compliance, Internal Audit and other functions to ensure comprehensive oversight.
- Maintain relationships with internal stakeholders and external advisers.
- Support risk training and awareness to strengthen risk culture.
- Drive best practice in identifying and assessing non-financial risks and controls.
- Support change initiatives and enhancements to the Legal, Risk & Compliance operating model.
- Lead and develop team members as applicable.
Knowledge and Skills
- Relevant risk qualification or equivalent experience.
- Strong insurance knowledge; UK and Lloyd’s market experience desirable.
- Solid understanding of the risk management environment.
- Strong stakeholder management and ability to challenge constructively.
- Change‑oriented mindset with experience leading teams through change.
- Excellent report writing and Board‑level communication skills.
- High accuracy, attention to detail and strong organisational skills.
- Degree and/or relevant professional qualification.
Seniority level: Director
Employment type: Full‑time
Job function: Other
Industries: Insurance
Location: London, England, United Kingdom
Salary: £130,000.00 – £145,000.00
Head of Non-Financial Risk (Lloyd\'s) employer: Edenbrook
Contact Detail:
Edenbrook Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Non-Financial Risk (Lloyd\'s)
✨Tip Number 1
Network like a pro! Get out there and connect with folks in the Lloyd's market. Attend industry events, join relevant LinkedIn groups, and don’t be shy about reaching out to people for a chat. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research the company and its non-financial risk framework thoroughly. Be ready to discuss how your experience aligns with their needs and come armed with examples of how you've tackled similar challenges in the past.
✨Tip Number 3
Showcase your expertise! Create a portfolio or presentation that highlights your achievements in risk management. This can really set you apart from other candidates and demonstrate your value to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you land that Head of Non-Financial Risk role. Plus, applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Head of Non-Financial Risk (Lloyd\'s)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Non-Financial Risk role. Highlight your relevant experience in risk management and any specific achievements that align with the job description. We want to see how your skills fit perfectly with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about non-financial risk and how your background makes you the ideal candidate. Keep it engaging and make sure to connect your experiences to our needs at StudySmarter.
Showcase Your Stakeholder Management Skills: Since this role involves building strong relationships, be sure to highlight your stakeholder management experience. Share examples of how you've successfully collaborated with different teams or departments in the past. We love seeing teamwork in action!
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’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values.
How to prepare for a job interview at Edenbrook
✨Know Your NFR Framework
Make sure you understand the Non-Financial Risk framework inside out. Be ready to discuss how you've implemented similar frameworks in the past and how you can adapt your experience to fit the needs of the company.
✨Showcase Your Stakeholder Management Skills
Prepare examples that highlight your ability to build strong relationships across various teams. Think about times when you successfully challenged decisions or provided risk advice that influenced strategic initiatives.
✨Be Ready for Technical Questions
Brush up on your knowledge of regulatory compliance, especially regarding PRA and FCA requirements. Expect questions on how you would monitor and report non-financial risk exposures, so have some scenarios in mind.
✨Demonstrate Your Change Management Experience
Since this role involves leading teams through change, be prepared to discuss your previous experiences with change initiatives. Highlight your change-oriented mindset and how you've successfully navigated challenges in the past.