Risk Manager

Risk Manager

Reigate Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Oversee operational and financial risks, ensuring effective risk management across the business.
  • Company: Join esure Group, a leader in transforming insurance with over 2 million satisfied customers.
  • Benefits: Enjoy competitive salary, flexible working, 25 days leave, and exclusive discounts on insurance products.
  • Why this job: Be part of a digital transformation, making a real impact while developing your career in a supportive environment.
  • Qualifications: Strong communication skills, analytical mindset, and experience with risk management processes are essential.
  • Other info: Embrace a culture of inclusion and diversity, with opportunities for volunteering and personal growth.

The predicted salary is between 43200 - 72000 £ per year.

Company Description

Ready to join a team that\’s leading the way in reshaping the future of insurance? Here at esure Group, we are on a mission to revolutionise insurance for good!

We\’ve been providing Home and Motor Insurance since 2000, with over 2 million customers trusting us to keep them covered through our esure and Sheilas\’ Wheels brands. With a bold commitment for digital innovation, we\’re transforming the way the industry operates and putting customers at the heart of everything we do. Having completed our recent multi-year digital transformation, we\’re now leveraging advanced technology and data-driven insights alongside exceptional service, to deliver personalised experiences that meet our customers ever-changing needs today and in the future.

Job Description

The Risk Manager provides second-line oversight of operational and financial risks across esure, ensuring the risk management framework is effectively embedded within the business. This includes supporting teams to identify, document, and manage their key risks and controls, while offering clear, objective advice and constructive challenge on risk-related issues. The role also ensures that key risk processes are well understood, consistently applied, and actively contribute to informed decision-making across the organisation.

What you\’ll do:

  • Support delivery of the ORSA process, including stress testing, scenario analysis, and emerging risks.
  • Help define and maintain a fit-for-purpose risk appetite framework.
  • Prepare annual and ad hoc ORSA reports for Board and committee review.
  • Provide second-line risk oversight for Finance, Actuarial, Underwriting, Claims, Pricing, and Procurement functions.
  • Lead stakeholder engagement and report key risks to executive-level committees.
  • Monitor regulatory changes and embed new PRA requirements across the business.
  • Conduct risk reviews, control assessments, and escalate issues with root cause analysis.
  • Champion use of digital risk tools to support esure\’s digital transformation strategy.
  • Deliver ad hoc risk analysis, reports, and support for team projects and change initiatives.

Qualifications

What we\’d love you to bring:

  • Excellent written and verbal communication skills, tailored to diverse audiences.
  • Strong customer focus with a proactive, solution-oriented approach.
  • Proven ability to build relationships and effectively challenge first-line risk owners.
  • Highly analytical with strong attention to detail and accuracy.
  • Solid financial acumen and commercial awareness.
  • Practical experience with Solvency II and the ORSA process.
  • Understanding of risk quantification tools, models, and methodologies.
  • Confident analysing data and producing clear, insightful reports.

Additional Information

What\’s in it for you?:

  • Competitive salary that reflects your skills, experience and potential.
  • Discretionary bonus scheme that recognises your hard work and contributions to esure\’s success.
  • 25 days annual leave, plus 8 flexible days and the ability to buy and sell further holiday.
  • Our flexible benefits platform is loaded with perks to choose from, so you can build a personal toolkit to support your health, wellbeing, lifestyle, and finances.
  • Company funded private medical insurance for qualifying colleagues.
  • Fantastic discounts on our insurance products! 50% off for yourself and spouse/partner and 10% off for direct family members.
  • We\’ll elevate your career with hands-on training, mentoring, access to our exclusive academies, regular career conversations, and expert partner resources.
  • Driving good in the world couldn\’t be more important to us. Our colleagues can use 2 volunteering days per year to support their local communities.
  • Join our internal networks and communities to connect, learn, and share ideas with likeminded colleagues.
  • We\’re a proud supporter of the ABI\’s \’Make Flexible Work\’ campaign and welcome you to ask about the flexibility you need. Our hybrid working approach also puts you in the driving seat of how and where you do your best work.
  • And much more; See a full overview of our benefits here Reward and benefits / Esure Group PLC

We are committed to creating an inclusive and diverse workplace where everyone feels valued, respected, and empowered. We celebrate individuality and create spaces where unique backgrounds and experiences can come together. We believe that diverse perspectives drive innovation, in turn enabling us to better serve our customers, community and build a stronger organisation. Our commitment to inclusion extends to every part of our business, from hiring practices to professional growth opportunities, ensuring equal access and support for all. #J-18808-Ljbffr

Risk Manager employer: esure Group

At esure Group, we pride ourselves on being an exceptional employer that champions innovation and inclusivity in the insurance sector. Our commitment to employee growth is evident through hands-on training, mentoring, and access to exclusive academies, all while offering a competitive salary and a flexible benefits platform tailored to support your lifestyle and wellbeing. Join us in a dynamic work culture that values diverse perspectives and empowers you to make a meaningful impact in reshaping the future of insurance.
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Contact Detail:

esure Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Manager

✨Tip Number 1

Familiarise yourself with the ORSA process and Solvency II regulations. Understanding these frameworks will not only help you in interviews but also demonstrate your commitment to the role and the industry.

✨Tip Number 2

Network with professionals in the insurance and risk management sectors. Attend industry events or webinars to connect with potential colleagues and learn about current trends, which can give you an edge during discussions.

✨Tip Number 3

Showcase your analytical skills by preparing examples of how you've successfully identified and managed risks in previous roles. Be ready to discuss specific scenarios where your insights led to improved outcomes.

✨Tip Number 4

Research esure Group's recent digital transformation initiatives. Being knowledgeable about their strategies and how they align with risk management will allow you to engage meaningfully during interviews and show your enthusiasm for the company's mission.

We think you need these skills to ace Risk Manager

Risk Management Framework
Operational Risk Assessment
Financial Risk Analysis
Stress Testing
Scenario Analysis
Regulatory Compliance
Solvency II Knowledge
ORSA Process Experience
Data Analysis and Reporting
Stakeholder Engagement
Root Cause Analysis
Attention to Detail
Excellent Communication Skills
Relationship Building
Digital Risk Tools Proficiency

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Risk Manager position at esure Group. Understand the key responsibilities and qualifications required, as this will help you tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasise your experience with risk management frameworks, Solvency II, and the ORSA process. Provide specific examples of how you've successfully managed risks in previous roles to demonstrate your suitability for the position.

Showcase Communication Skills: Since excellent written and verbal communication skills are crucial for this role, ensure that your application is well-structured and free of errors. Use clear language and consider your audience when crafting your cover letter to showcase your ability to communicate effectively.

Tailor Your Cover Letter: Craft a personalised cover letter that reflects your understanding of esure Group's mission and values. Mention how your proactive, solution-oriented approach aligns with their commitment to digital innovation and customer focus.

How to prepare for a job interview at esure Group

✨Understand the Risk Management Framework

Familiarise yourself with esure's risk management framework and be prepared to discuss how you would support its implementation. Highlight your experience in identifying and managing risks, as well as your understanding of key processes like ORSA.

✨Showcase Your Analytical Skills

As a Risk Manager, strong analytical skills are crucial. Be ready to provide examples of how you've used data analysis to inform decision-making or improve risk management processes in previous roles.

✨Communicate Effectively

Demonstrate your excellent written and verbal communication skills by tailoring your responses to the interviewers. Practice explaining complex risk concepts in simple terms, as you'll need to engage with diverse audiences within the company.

✨Prepare for Scenario-Based Questions

Expect scenario-based questions that assess your problem-solving abilities. Prepare to discuss how you would handle specific risk-related challenges, such as regulatory changes or stakeholder engagement, and illustrate your proactive, solution-oriented approach.

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