At a Glance
- Tasks: Lead enterprise risk management and ensure compliance across the Hamilton Group.
- Company: Join a vibrant, entrepreneurial insurance company with a collaborative culture.
- Benefits: Inclusive workplace, diverse perspectives, and opportunities for personal growth.
- Other info: Dynamic environment with excellent career growth opportunities.
- Why this job: Make a real impact in risk management while shaping company culture.
- Qualifications: Experience in risk management and strong communication skills required.
The predicted salary is between 90000 - 120000 £ per year.
- We're looking for an
- Group Head of Enterprise Risk Management
Reporting into the Group CRO and reporting directly to the HMA/HIDAC CEOs and Boards on risk management matters, the role holder will play a vital leadership role within our business, developing strategic risk management and ensuring top-class risk management across the Hamilton Group.
Success in this role requires regular, proactive, and effective communication and collaboration with all stakeholders and colleagues across the group, including platform leadership and the wider Risk & Actuarial team.
It also requires an understanding of, and compliance with, all regulatory environments across the group, with a focus on the PRA and CBI.
What you will do
- Head of Enterprise Risk Management
- Develop, implement, maintain and raise awareness of an effective enterprise, emerging and operational risk framework, ensuring compliance with applicable regulatory requirements and standards.
- Develop and maintain policies and procedures for the ERM function.
- Maintain and update risk registers entities across the group, ensuring clear risk taxonomy and definitions.
- Oversee and monitor the implementation and execution of the Internal Control Framework and Risk and Control Self-Assessment (RCSA) process across the HGS platform.
Provide support and challenge to the business to maintain Hamilton’s control environment.
- Articulate the key risks to senior management and the relevant governance forums. This includes identifying areas for process/control improvement.
- Support key operational initiatives including business continuity planning, disaster recovery, information security, and operational resilience.
- Produce ERM reports for the subsidiary Risk Committees, Boards, and other committees as required.
- Administer the process for the capture of loss events and near misses and investigate and document the root cause of incidents and planned remedial actions.
- Contribute to the design, implementation, and maintenance of Hamilton’s GRC system, with a focus on the Risk & Compliance workspace.
- Provide training to the business in support of a strong risk culture
- Co-ordinate the production of the annual ORSA reports.
- Develop, implement, and maintain a process for the identification, assessment, and monitoring of emerging risks.
- Be an advocate and example of the Hamilton target culture., driving Hamilton culture, values, and talent management across the organisation
- Foster an environment of support and collaboration, providing support and guidance to the business as needed
- Collaborate, influence and build relationships at all levels, both internally and externally (including with the regulators) that enhance the prospects of Strategic success
- Chief Risk Officer, HMA (SMF-4) & HIDAC (PCF-14)
- Responsibility for the risk management function and for maintaining and monitoring the effectiveness of the insurance undertaking’s risk management system.
- Overall responsibility for managing entity risk function and reporting directly to the entity Board on risk management matters
- Ensure entities have an effective risk management framework that complies with local requirements and standards, including appropriate policies and procedures.
- Responsible for the production of entity level annual ORSA and any ad hoc ORSAs as required.
- Ensure effective processes are in place to identify, manage, and monitor risks, including emerging risks.
- Promote a sound and effective risk management culture at all levels.
- Facilitate the setting of the risk appetite by the entity Boards and ensure it is appropriately monitored.
- Provide comprehensive and timely information on material risks to the entity Boards, Risk Committees, and other committees as required.
- Stay updated on industry trends, regulations, and best practices to ensure compliance and innovation in risk management practices.
- Be an advocate and example of the Hamilton target culture, driving Hamilton culture, values, and talent management across the organisation
- Foster an environment of support and collaboration, providing support and guidance to the business as needed
- Collaborate, influence and build relationships at all levels, both internally and externally (including with the regulators) that enhance the prospects of Strategic success
- Regulatory Roles
- SMF-4 Chief Risk Officer
- PCF-14 Chief Risk Officer
- PR27 - Responsibility for implementing the Own Risk and Solvency Assessment (ORSA) process in the insurance undertaking.
- Additional information regarding the allocated
- Prescribed
Responsibilities: CRO responsible for the calculation of the company’s capital requirement (with input from Finance); CFO responsible for calculating capital, managing funding and liquidity
What you can expect from us
At Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values: Be Smart, Be Sensible, Be Open and Be More.
Our employees consistently say they would recommend Hamilton as a great place to work — a testament to the inclusive, supportive, and empowering culture we’ve built together.
We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.
In good company
Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries.
Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.
Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin.
We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business.
We believe we are ‘In good company.’ with everyone we interact with.
Group Head of Enterprise Risk Management in London employer: Hamilton
Hamilton offers an exceptional working environment in London, where collaboration and innovation thrive. As a Reserving Actuary, you will benefit from a vibrant culture that encourages professional growth and development, alongside competitive remuneration and comprehensive benefits. Join us to make a meaningful impact while enjoying the unique advantages of working in one of the world's leading financial hubs.
StudySmarter Expert Advice🤫
We think this is how you could land Group Head of Enterprise Risk Management in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Hamilton looking for candidates who are engaged and informed.
We think you need these skills to ace Group Head of Enterprise Risk Management in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Hamilton. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Hamilton
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Hamilton’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!