At a Glance
- Tasks: Lead the Legal and Risk Team, providing strategic legal advice and managing risk for the IFoA.
- Company: Join the Institute and Faculty of Actuaries, a leading professional body for actuaries in the UK.
- Benefits: Enjoy a competitive salary, flexible working arrangements, and opportunities for professional growth.
- Why this job: Make a real impact in a dynamic environment while shaping the future of actuarial practice.
- Qualifications: Qualified lawyer with leadership experience and strong analytical skills.
- Other info: Diversity and inclusion are at our core; we welcome applicants from all backgrounds.
The predicted salary is between 80000 - 110000 £ per year.
The Institute and Faculty of Actuaries (IFoA) is the UK's chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally. The IFoA regulates and represents over 34,000 members worldwide, overseeing their actuarial education at all stages of qualification and development throughout their careers. We set examinations, continuing professional development, professional codes and disciplinary standards for our members.
We are currently recruiting a Head of Legal and Risk for a Permanent contract. This role is hybrid, both working from home and in our Oxford or Edinburgh hub. We encourage our colleagues to work flexibly between home and the hub to suit their needs and preferences, in line with our hybrid working policy. Colleagues are able to work their hours flexibly, in line with core business hours and requirements. We also offer formalised flexible working agreements. The starting salary is £94,050.
Key Accountabilities- As a member of the Senior Leadership Team, contribute to the leadership of the IFoA, supporting the Executive Leadership Team, Board and Council in delivering the organisational strategy.
- Lead and manage the Legal and Risk Team (comprising the corporate legal, commercial and risk management functions) creating a culture of high performance, continuous learning, and professional excellence.
- Lead and develop the in-house legal function to ensure that it provides pragmatic, business focused advice to the IFoA on all legal, quasi-legal and compliance matters in order to assist delivery against strategic objectives.
- Oversee the facilitation of robust risk management and business continuity systems and appropriate risk reporting, leading a comprehensive assurance framework, and ensuring legal services are professional, credible, and responsive to organisational needs.
- Support Council in setting the organisational risk appetite.
- Ensure that key legal, risk and compliance processes, contractual frameworks and procurement procedures are effectively implemented across the organisation.
- Drive forward strong commercial relationships with third party suppliers and customers, ensuring strong value for money for IFoA members, leading to reduced supplier costs and increased commercial income.
- Provide expert legal, risk and compliance advice to the executive, relevant Boards and Committees, including IFoA Board, Audit & Risk Committee and Council.
- Oversee the work of the IFoA’s data and information governance function.
- Manage a team of senior professionals, ensuring that the team work collaboratively with a “one IFoA” ethos.
- Oversee relationships with external law firms and ensure that any external legal resource is appropriate for the advice sought and cost effective.
- Hold budgetary responsibility for the corporate legal, commercial and risk management functions.
- Support the CEO in managing the IFoA’s legal and reputational risk, including the management of any litigation involving the IFoA.
- Qualified lawyer with significant relevant experience.
- Proven experience of leading a team.
- Excellent analytical skills and capacity to think strategically.
- Exceptional written and oral communication skills.
- Strong commercial and strategic awareness.
The ‘Apply’ link will take you to the full job description, which is available on https://actuaries.org.uk/ifoa-jobs/head-of-legal-and-risk/. To apply, please send a CV and covering letter before the closing date of 2 April 2026.
Alternative format and adjustments: Please email the HR Team if you require any information regarding our vacancies in an alternative format or any adjustments to support you to fully participate in any part of the application and recruitment process. Any information shared will be used only to enable us to make reasonable adjustments to support candidates to participate in the recruitment process. It will not inform selection decisions.
The IFoA encourages applicants from a variety of backgrounds and experience and welcomes diversity with regard not only to protected characteristics but also diversity of thought. Diversity, equity and inclusion are more than just words for us. That’s why we promote diversity at all levels. Read more on working for the IFoA: https://actuaries.org.uk/ifoa-jobs.
Head of Legal and Risk in Edinburgh employer: Institute and Faculty of Actuaries
Contact Detail:
Institute and Faculty of Actuaries Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Legal and Risk in Edinburgh
✨Tip Number 1
Network like a pro! Reach out to your connections in the legal and risk sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the IFoA and its values. Understand their approach to legal and risk management. Tailor your responses to show how your experience aligns with their mission and how you can contribute to their goals.
✨Tip Number 3
Practice your pitch! Be ready to explain your leadership style and how you foster a high-performance culture. Use examples from your past roles to demonstrate your strategic thinking and problem-solving skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the IFoA team. Good luck!
We think you need these skills to ace Head of Legal and Risk in Edinburgh
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Head of Legal and Risk role. Highlight your leadership experience and any relevant legal expertise to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for us, showcasing your strategic thinking and commercial awareness. Keep it engaging and professional.
Showcase Your Communication Skills: Since exceptional written communication is key for this role, ensure your application is clear, concise, and free of errors. We want to see your ability to convey complex ideas simply and effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity!
How to prepare for a job interview at Institute and Faculty of Actuaries
✨Know Your Stuff
Make sure you’re well-versed in the legal and risk management aspects relevant to the IFoA. Brush up on their organisational strategy, key legal frameworks, and compliance matters. This will show that you’re not just a qualified lawyer but someone who understands the specific challenges and opportunities within the actuarial profession.
✨Showcase Leadership Skills
As a candidate for the Head of Legal and Risk, it’s crucial to demonstrate your leadership experience. Prepare examples of how you’ve successfully led teams, fostered a culture of high performance, and managed complex projects. Highlight your ability to collaborate with senior leadership and drive strategic initiatives.
✨Communicate Clearly
Exceptional communication skills are a must for this role. Practice articulating your thoughts clearly and concisely, both in writing and verbally. Be ready to discuss how you would provide pragmatic, business-focused advice to the executive team and other stakeholders.
✨Understand the Bigger Picture
Familiarise yourself with the broader context of the IFoA’s work and its impact on members. Be prepared to discuss how you can contribute to their mission and values, particularly in terms of risk appetite and commercial relationships. Showing that you grasp the organisational goals will set you apart from other candidates.