Head of Legal and Risk

Head of Legal and Risk

Full-Time 94050 - 94050 ÂŁ / year (est.) No home office possible
Institute and Faculty of Actuaries

At a Glance

  • Tasks: Lead the Legal and Risk Team, ensuring high performance and strategic delivery.
  • Company: Join the IFoA, a leading professional body for actuaries in the UK and beyond.
  • Benefits: Hybrid working, flexible hours, competitive salary of ÂŁ94,050, and a supportive culture.
  • Why this job: Make a real impact on legal and risk management in a dynamic organisation.
  • 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 94050 - 94050 ÂŁ 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 ÂŁ94,050.

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.
Candidates should have this knowledge and experience:
  • 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.

To apply, please send a CV and covering letter to HRsupport@actuaries.org.uk before the closing date of 2 April 2026.

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.

Head of Legal and Risk employer: Institute and Faculty of Actuaries

The Institute and Faculty of Actuaries (IFoA) is an exceptional employer that prioritises flexibility and work-life balance, offering a hybrid working model from our Oxford or Edinburgh hubs. We foster a culture of continuous learning and professional excellence, providing ample opportunities for employee growth and development within a supportive environment. With a commitment to diversity, equity, and inclusion, the IFoA ensures that all team members can thrive while contributing to the strategic objectives of our esteemed organisation.
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

✨Tip Number 1

Network like a pro! Reach out to your connections in the legal and risk sectors, especially those who might have insights into the IFoA. A friendly chat can sometimes lead to opportunities that aren’t even advertised!

✨Tip Number 2

Prepare for the interview by researching the IFoA’s recent projects and challenges. Show us you’re not just a qualified lawyer but someone who understands our mission and can contribute to our strategic goals.

✨Tip Number 3

Practice your communication skills! As a Head of Legal and Risk, you’ll need to convey complex ideas clearly. Try explaining legal concepts to a friend or family member to sharpen your skills.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their applications!

We think you need these skills to ace Head of Legal and Risk

Legal Expertise
Risk Management
Team Leadership
Analytical Skills
Strategic Thinking
Written Communication Skills
Oral Communication Skills
Commercial Awareness
Compliance Knowledge
Contractual Frameworks
Budget Management
Stakeholder Engagement
Data Governance
Collaboration Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Head of Legal and Risk role. Highlight your relevant experience, especially in legal and risk management, and showcase your leadership skills. We want to see how you can contribute to our mission!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your achievements and how they align with our values at IFoA. Remember, we love a good story!

Showcase Your Communication Skills: Since exceptional written communication is key for this position, make sure your application is clear and concise. Avoid jargon and keep it professional yet approachable. We appreciate straightforward communication!

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way to ensure your application gets to us directly. Plus, you’ll find all the details you need about the role and our organisation there. We can’t wait to hear from you!

How to prepare for a job interview at Institute and Faculty of Actuaries

✨Know Your Legal Stuff

As a Head of Legal and Risk, you’ll need to demonstrate your expertise in legal matters. Brush up on relevant laws and regulations that impact the IFoA and be ready to discuss how your experience aligns with their needs.

✨Showcase Your Leadership Skills

This role involves leading a team, so be prepared to share examples of how you've successfully managed teams in the past. Highlight your ability to foster a culture of high performance and collaboration, as well as any strategies you've used to develop team members.

✨Understand Their Risk Appetite

Familiarise yourself with the concept of risk appetite and be ready to discuss how you would support the Council in setting it. Think about how you can implement effective risk management systems and ensure compliance across the organisation.

✨Communicate Clearly and Confidently

Exceptional communication skills are a must for this position. Practice articulating your thoughts clearly and concisely, both in writing and verbally. Be prepared to answer questions about complex legal issues in a way that’s easy to understand.

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