At a Glance
- Tasks: Lead the internal model validation process and enhance the risk management framework.
- Company: Dynamic insurance company focused on innovation and collaboration.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Why this job: Make a real impact in risk management while working with industry experts.
- Qualifications: Relevant professional qualification or degree in risk management required.
- Other info: Opportunity to work within the Lloyd’s Market and grow your career.
The predicted salary is between 36000 - 60000 £ per year.
Key Duties (Including but not limited to):
- Lead and manage the full lifecycle of the internal model validation process, including planning, execution, documentation and reporting, ensuring its independence, robustness, and adherence to regulatory requirements.
- Contribute to the full ORSA lifecycle, including the development, execution of stress and scenario testing, business planning analysis, and risk profile assessments and the documentation of such activities.
- Actively contribute to the maintenance and enhancement of the Company’s risk management framework through systematic review, analysis, testing, and reporting on risk and control evaluations.
- Collaborate effectively with the Actuarial & Loss Modelling Function to ensure that modelled risks are thoroughly understood and effectively embedded within the broader risk management system.
Qualifications required:
- Relevant professional qualification (e.g., CII, IRM, IFoA) or a relevant university degree is required.
Experience required:
- Proven experience in risk management within the general insurance industry, ideally with a strong understanding of actuarial principles gained through previous actuarial roles (e.g., pricing, reserving) or close collaboration with actuarial teams.
- Experience within the Lloyd’s Market is highly desirable.
- Experience in preparing high-quality reports and presentations for Senior Management, Committees, and Board review.
Risk Manager – 28844 in London employer: Emerald Group Ltd
Contact Detail:
Emerald Group Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager – 28844 in London
✨Tip Number 1
Network like a pro! Reach out to folks in the risk management field, especially those who work in the general insurance industry. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of actuarial principles and the Lloyd’s Market. We want you to be ready to discuss how your experience aligns with the role, so practice articulating your thoughts clearly.
✨Tip Number 3
Showcase your skills through examples! When discussing your experience, highlight specific projects where you led model validation or contributed to stress testing. This will help interviewers see your hands-on expertise.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Risk Manager – 28844 in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Manager role. Highlight your relevant experience in risk management and any qualifications you have that match the job description. We want to see how your background aligns with what we're looking for!
Showcase Your Skills: In your cover letter, don’t just list your skills—show us how you've used them in real situations. Talk about your experience with internal model validation or stress testing, and how you’ve contributed to risk management frameworks. We love a good story!
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. We appreciate well-structured applications that get straight to the heart of your qualifications and experiences.
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 StudySmarter and what we stand for.
How to prepare for a job interview at Emerald Group Ltd
✨Know Your Risk Management Stuff
Make sure you brush up on your risk management knowledge, especially within the general insurance industry. Be ready to discuss your experience with internal model validation and how you've contributed to ORSA lifecycles. This will show that you understand the key duties of the role.
✨Prepare for Scenario Testing Questions
Since the job involves stress and scenario testing, think about specific examples from your past work where you've executed these tests. Be prepared to explain your approach and the outcomes, as this will demonstrate your hands-on experience and analytical skills.
✨Showcase Your Collaboration Skills
Collaboration is key in this role, especially with actuarial teams. Think of instances where you've worked closely with others to enhance risk management frameworks. Highlighting your teamwork will show that you're a good fit for their collaborative culture.
✨Bring High-Quality Reports
Since you'll need to prepare reports for senior management, come equipped with examples of high-quality reports or presentations you've created in the past. This will not only showcase your communication skills but also your ability to convey complex information clearly.