Risk Director in Chelmsford

We are partnered with a specialist Insurance Brokerage with an established client base who are seeking a Risk Director to join their team. The successful candidate will be responsible for the overall leadership, performance and regulatory conduct of the business. The role combines statutory director responsibilities with personal regulatory accountability as an FCA-approved Senior Manager. The position carries responsibility for governance, systems and controls, commercial performance, insurer and client relationships and regulatory engagement. This role is not advisory. Responsibilities cannot be delegated without FCA approval.

Key Responsibilities

• Provide overall leadership, strategic direction and day-to-day management of the business.
• Lead insurer, MGA and capacity provider relationships, including market engagement, governance and performance oversight.
• Oversee client engagement, risk placement and renewal strategy, ensuring fair value, suitability and appropriate market selection.
• Maintain oversight of policy administration, premium collection, insurer settlements and claims handling for complex cases.
• Hold personal accountability for regulatory compliance and conduct, including regulatory reporting, complaints handling, Consumer Duty and financial crime controls.
• Act as the primary point of contact with the regulator.
• Drive business development, marketing strategy and growth initiatives aligned to the firm's specialist focus.
• Recruit, manage and develop staff, ensuring effective training, competence, supervision and conduct standards.
• Oversee third-party and supplier arrangements, ensuring appropriate governance and compliance.
• Maintain oversight of financial performance, systems and controls, operational resilience and risks to the business and its customers.

Requirements

• Senior leadership experience within a UK-regulated insurance brokerage or intermediary.
• Experience operating under SM&CR, or clear readiness to hold FCA Senior Management Function approval.
• Strong understanding of FCA regulatory expectations, conduct risk and governance within a brokerage environment.
• Commercial background with experience in insurer relationships, market engagement and risk placement.
• Proven ability to combine strategic leadership with hands-on operational delivery in a small or mid-sized business.
• Experience overseeing people, financial performance and business risk.
• Strong judgement, professionalism and eligibility to meet ongoing FCA fitness and propriety requirements.

Inventum Group is acting as an Employment Agency in relation to this vacancy.