Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead and manage risk strategies while ensuring regulatory compliance and business growth.
- Company: Specialist Insurance Brokerage with a strong client base and dynamic team.
- Benefits: Competitive salary, leadership role, and opportunities for professional development.
- Why this job: Make a significant impact in the insurance industry while driving strategic initiatives.
- Qualifications: Senior leadership experience in UK-regulated insurance and strong understanding of FCA regulations.
- Other info: Join a collaborative environment focused on innovation and excellence.
The predicted salary is between 72000 - 108000 £ per year.
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.
Risk Director employer: Inventum Group (Formally Wells Tobias)
Contact Detail:
Inventum Group (Formally Wells Tobias) Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Director
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry and let them know you're on the hunt for a Risk Director role. You never know who might have the inside scoop on an opportunity or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of FCA regulations and conduct risk. Be ready to discuss how your leadership experience aligns with the responsibilities of the role. We want to see you shine!
✨Tip Number 3
Showcase your strategic thinking! When discussing your past experiences, highlight specific examples where you've driven business growth or improved governance. This will demonstrate your ability to lead effectively in a Risk Director position.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Risk Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Director role. Highlight your senior leadership experience in a UK-regulated insurance brokerage and any relevant FCA Senior Management Function approvals you've held. We want to see how your background aligns with the responsibilities outlined in the job description.
Showcase Your Achievements: When writing your application, don’t just list your duties; showcase your achievements! Use specific examples that demonstrate your ability to lead teams, manage insurer relationships, and drive business growth. We love seeing quantifiable results that reflect your impact in previous roles.
Be Clear and Concise: Keep your application clear and concise. Avoid jargon and ensure your points are easy to understand. We appreciate straightforward communication, especially when it comes to complex topics like regulatory compliance and risk management.
Apply Through Our Website: Finally, make sure to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values.
How to prepare for a job interview at Inventum Group (Formally Wells Tobias)
✨Know Your Regulatory Stuff
As a Risk Director, you'll need to demonstrate a solid understanding of FCA regulations and compliance. Brush up on the latest regulatory expectations and be ready to discuss how you've navigated these in your previous roles.
✨Showcase Leadership Experience
This role requires strong leadership skills, so prepare examples that highlight your experience in managing teams and driving performance. Think about specific situations where you led a team through challenges or implemented successful strategies.
✨Understand the Business Landscape
Familiarise yourself with the insurance brokerage market, including key players and trends. Be prepared to discuss how you would engage with insurers and capacity providers, and what strategies you would implement for business growth.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your judgement and decision-making skills. Think through potential challenges you might face in the role and how you would handle them, especially regarding regulatory compliance and client relationships.
