Financial Risk Manager

Financial Risk Manager

Full-Time 60000 - 70000 £ / year (est.) No working from home possible
Hastings Insurance Services Ltd

At a Glance

  • Tasks: Build relationships and support teams in managing underwriting and pricing risks.
  • Company: Join Hastings Direct, a leading digital insurance provider in the UK.
  • Benefits: Enjoy competitive salary, flexible working, and extensive wellbeing support.
  • Other info: Be part of a culture focused on growth, equality, and community.
  • Why this job: Make a real impact in a collaborative environment with senior stakeholders.
  • Qualifications: Experience in risk management within UK financial services and strong communication skills.

The predicted salary is between 60000 - 70000 £ per year.

Welcome to Hastings Direct. We're a digital insurance provider with a clear strategy to become the best and biggest player in the UK market. As a company, we've made huge investments in technology, pricing, data and analytics, and nurtured our 4Cs culture and investment in people.

The Finance team is building a market‑leading finance technology platform with a focus on commercial value. We're looking for a Risk Manager to join our Second Line Risk team and play a key role in supporting the organisation to achieve its growth purpose while demonstrating appropriate levels of control. This is a relationship‑focused role where you'll work closely with stakeholders across the organisation, supporting them to understand and own their risk responsibilities.

About the role:

  • Build strong, trusted relationships with leaders and teams across the business.
  • Support stakeholders to confidently manage underwriting and pricing risks.
  • Provide practical risk advice and challenge on BAU activity, projects and change initiatives.
  • Help embed good customer outcomes into decision‑making and culture.
  • Translate regulatory requirements into clear, meaningful business impacts.
  • Coach and support colleagues to build underwriting and pricing risk management capability and confidence.

What we're looking for:

  • Experience in technical risk management within UK financial services.
  • Strong knowledge of the UK regulatory environment, particularly underwriting and pricing practices.
  • Excellent stakeholder management and communication skills.
  • A pragmatic, solutions‑focused mindset with strong judgement.
  • Confidence to challenge appropriately and supportively at all levels.

Why join us?

You'll be part of a supportive and collaborative Risk team, with real opportunity to shape how Risk partners with the business. This role offers exposure to senior stakeholders, meaningful influence, and the chance to make a tangible difference.

Regrettably we are unable to offer sponsorship for this role.

Benefits:

  • Competitive salary and £5k car allowance.
  • Flexible hybrid working.
  • Competitive bonus scheme – annual 4Cs performance bonus.
  • Physical wellbeing – private medical insurance (PMI).
  • Financial wellbeing – 4× salary life assurance cover, income protection at no cost, matched pension contributions up to 10%, and additional financial support.
  • Mental wellbeing programme – thrive mental health app, colleague assistance programme, in‑house mental health first aiders, support groups and a dedicated team.
  • 27 days annual leave + bank holidays; option to buy/sell a week; health‑care cashback plans; dental plans; discounted health assessments; cycle‑to‑work and tech schemes; free onsite facilities; social events.
  • 8‑point 4Cs culture: focus on right culture for colleagues, customers, company and community.
  • Equality our recruitment team supports a fair and accessible experience.

Financial Risk Manager employer: Hastings Insurance Services Ltd

Hastings Direct is an exceptional employer, offering a dynamic and supportive work environment where innovation thrives. As a Financial Risk Manager, you'll benefit from a competitive salary, flexible hybrid working, and a comprehensive wellbeing programme, all while playing a pivotal role in shaping risk management practices within a forward-thinking digital insurance provider. With a strong focus on employee growth and a culture that prioritises collaboration and inclusivity, Hastings Direct is committed to helping you achieve your professional aspirations while making a meaningful impact in the UK market.

Hastings Insurance Services Ltd

Contact Details:

Hastings Insurance Services Ltd Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Financial Risk Manager

Tip Number 1

Network like a pro! Get out there and connect with people in the industry. Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. Building relationships can open doors that a CV just can’t.

Tip Number 2

Prepare for those interviews! Research Hastings Direct and understand their culture and values. Think about how your experience aligns with their goals, especially around risk management and stakeholder engagement. Show them you’re not just another candidate!

Tip Number 3

Practice your pitch! You’ll want to clearly articulate your experience in technical risk management and how it relates to underwriting and pricing practices. Be ready to share specific examples that demonstrate your skills and confidence.

Tip Number 4

Don’t forget to follow up! After an interview, send a quick thank-you note to express your appreciation for the opportunity. It’s a great way to reinforce your interest in the role and keep you top of mind for the hiring team.

We think you need these skills to ace Financial Risk Manager

Technical Risk Management
Knowledge of UK Regulatory Environment
Underwriting Practices
Pricing Practices
Stakeholder Management
Communication Skills
Pragmatic Mindset

Some tips for your application 🫡

Tailor Your CV:Make sure your CV speaks directly to the role of Financial Risk Manager. Highlight your experience in technical risk management and your knowledge of the UK regulatory environment. We want to see how your skills align 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 risk management and how you can contribute to our team. Remember, we love a pragmatic, solutions-focused mindset, so show us that in your writing.

Showcase Your Stakeholder Management Skills:Since this role involves building strong relationships across the business, make sure to highlight your excellent communication and stakeholder management skills. Share examples of how you've successfully collaborated with others in the past.

Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!

How to prepare for a job interview at Hastings Insurance Services Ltd

Know Your Risk Management Stuff

Make sure you brush up on your technical risk management knowledge, especially within the UK financial services sector. Be ready to discuss specific examples of how you've navigated underwriting and pricing risks in the past.

Build Relationships Before You Walk In

Since this role is all about relationship management, try to connect with current employees or stakeholders at Hastings Direct before your interview. This will give you insights into their culture and help you understand how to approach building those trusted relationships.

Speak Their Language

Familiarise yourself with the regulatory environment and how it impacts underwriting and pricing practices. Use this knowledge to demonstrate how you can translate complex regulations into practical advice for the business during your interview.

Show Off Your Communication Skills

Prepare to showcase your excellent stakeholder management and communication skills. Think of scenarios where you’ve had to challenge decisions or support colleagues, and be ready to explain how you did it effectively and supportively.