Senior Risk Manager - Lloyds

About Everest
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Position Summary:
This is a senior role within the Risk Function, supporting the Chief Risk Officer in the continued development, embedding and oversight of the enterprise-wide Risk Management Framework for Everest Managing Agency Limited incorporating Lloyd’s Syndicate 2786 and related legal entities across Everest Global Markets. A key focus of the role is to help embed a strong and proactive risk culture across the business, ensuring that key risks are identified, understood, escalated and managed in line with the firm’s risk appetite, strategic objectives and regulatory expectations. The role is expected to act as a second-line partner to the business, identifying areas where the Risk Function can provide meaningful value through thematic reviews, operational challenge, risk event analysis and targeted assurance activity, supporting sustainable and compliant growth within the Lloyd’s market.

The role will support the CRO in delivering the Risk Management Framework across a broad range of responsibilities. While experience across all areas is not required, candidates should demonstrate a strong willingness to learn and develop. The role sits within a collaborative Risk Function, drawing on complementary expertise across the team to provide depth of capability and avoid siloed approaches.

• Risk Management Framework and Risk Culture
  Support the CRO in leading the development, implementation and ongoing embedding of the Risk Management Framework, ensuring it remains proportionate, dynamic and aligned to the business strategy, with clear adherence to Lloyd’s Principles. Promote a strong and proactive risk culture through effective stakeholder engagement, challenge and business partnering. Provide risk oversight, advice and constructive challenge to senior management and first-line teams across core business activities. Contribute to the evolution of a forward-looking, insight-led Risk Function, embedding Lloyd’s Principles into business practices, decision-making and performance oversight, with a focus on value-add.
• ORSA, Risk Profile and Strategic Risk Assessment
  Lead the annual Lloyd’s syndicate ORSA process end-to-end, coordinating cross-functional input (actuarial, capital, underwriting, finance, exposure management and operations). Ensure the ORSA provides a clear, coherent and forward-looking view of the firm’s risk profile and solvency position. Support embedding of ORSA as a meaningful business and decision-making tool. Lead the development and review of forward looking assessment and stress and scenario testing to ensure relevance to evolving risk profile and strategy.
• Internal Model Governance and Validation
  Support the annual and ad-hoc the Lloyd’s Internal Model validation process from a second-line perspective. Own the validation plan, including scoping, stakeholder coordination, delivery tracking, governance reporting and action closure. Provide effective oversight and challenge across modelling, assumptions, limitations and outputs. Support the CRO in maintaining robust Internal Model governance, including oversight of reporting to relevant committees, the Board, and the Lloyd’s Capital Requirement (LCR) process. Support the preparation of the validation report together with CRO and external validation.
• Risk and Control Self-Assessment
  Lead the enhancement and embedding of the RCSA framework across the business. Drive consistency, quality and usability of RCSA outputs for risk oversight and decision-making.
• Risk Events, Challenge and Root Cause Analysis
  Oversee and enhance the risk event framework to ensure timely identification, escalation, assessment and reporting. Analyse risk events, near misses and control weaknesses to identify underlying themes and systemic risks. Ensure material risk events are escalated appropriately to senior management, committees and the Board.
• Deep Dives, Thematic Reviews and Second-Line Assurance
  Identify and lead targeted deep dive reviews across operational, underwriting, regulatory and emerging risks. Use MI (risk events, RCSA, KRIs, audit findings, regulatory developments) to prioritise areas of focus. Deliver clear, insight-driven outputs that provide practical recommendations and add value to the business.

Professional Experience
Significant experience in risk management within the insurance sector, notably within the Lloyd’s / London Market. Strong understanding of Enterprise Risk Management frameworks, ORSA, risk appetite, risk and control self-assessment, risk event management and governance reporting. Experience of Internal Model governance, validation processes, capital model oversight or Solvency UK / Lloyd’s regulatory requirements. Proven ability to engage with senior stakeholders and provide constructive challenge across underwriting, actuarial, capital, operations, finance, claims and exposure management. Experience leading cross-functional risk processes, thematic reviews, deep dives or risk assurance activity. Strong understanding of operational risk, underwriting risk, control environments and second-line oversight responsibilities.

Competencies, skills and experience:
8+ years of relevant experience within the insurance sector. Strong stakeholder management and influencing skills, with the ability to build credibility across senior management and first-line business functions. Ability to operate independently, manage multiple priorities and deliver high-quality outputs in a dynamic environment. Ability to provide clear, proportionate and commercially aware risk challenge. Proficient in MS Office applications (Microsoft applications- Word, Excel, PowerPoint).

What if I don’t meet every requirement?
At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviours.

Our Values are the guiding principles that inform our decisions, actions and behaviours. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.

Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviours across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type: Regular
Time Type: Full time
Primary Location: London