At a Glance
- Tasks: Lead assurance reviews and analyse risks to enhance oversight practices.
- Company: Join Lloyd’s, the world’s leading insurance and reinsurance marketplace.
- Benefits: Competitive salary, professional development, and a commitment to sustainability.
- Why this job: Make a real impact in risk management and contribute to a braver future.
- Qualifications: Experience in risk management or regulatory oversight is essential.
- Other info: Collaborative environment with opportunities for career growth and development.
The predicted salary is between 48000 - 72000 £ per year.
Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Lloyd’s are seeking to recruit a Manager, Financial Risk (Syndicate Capability Risk). You will deliver independent second-line assurance over Lloyd’s Principles Based Oversight framework, providing high-quality reviews, analysis and insight into how first-line oversight activities manage risk and achieve regulatory objectives. The role will support the Senior Manager in delivering the PBO assurance plan, preparing risk opinions, engaging with governance processes, and contributing to capability building across the team.
Principal Accountabilities- Assurance Delivery
- Lead and deliver assurance reviews of PBO principles, controls and oversight practices.
- Execute thematic reviews in line with the multi-year assurance plan.
- Assess oversight design and effectiveness and articulate findings clearly.
- Support development of formal Risk Opinions on material changes to the Oversight Framework.
- Track remediation actions and support closure of findings.
- Analyse risk to identify patterns, weaknesses and emerging risks in oversight.
- Contribute to the formal risk assessment of the annual Market Oversight Plan.
- Draft sections of governance papers, assurance reports and committee materials.
- Support synthesis of review outcomes into forward-looking risk insight.
- Engage professionally with first-line teams and oversight functions.
- Act as a credible and constructive challenger to oversight owners.
- Build working relationships across first- and second-line teams.
- Support the Senior Manager in interactions with governance committees as required.
- Contribute to development of assurance methodology, templates and standards.
- Support improvements to oversight effectiveness through practical recommendations.
- Promote strong documentation, reporting and quality assurance discipline within the team.
- Experience in Risk management, internal audit, assurance or regulatory oversight.
- Experience in Operating model reviews, governance frameworks or control environments.
- Demonstrable experience of designing and delivering assurance programmes.
- Producing senior-level reporting and risk opinions.
- Financial services risk frameworks experience.
- Principles-based regulation and supervision models experience.
- Track Record within Governance and oversight structures.
- Insurance, reinsurance or London Market experience.
- Experience within Regulatory or supervisory environments.
- Experience of a principles based approach.
- Written communication skills; able to articulate complex judgement clearly and concisely.
- Proven ability to operate independently, prioritise effectively and manage ambiguity.
- Professional qualifications (e.g. actuarial, risk, audit, accounting, legal) or equivalent experience.
Manager, Financial Risk (Syndicate Capability Risk) in London employer: Lloyd's
Contact Detail:
Lloyd's Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager, Financial Risk (Syndicate Capability Risk) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Lloyd’s. A friendly chat can open doors and give you insights that job descriptions just can’t.
✨Tip Number 2
Prepare for interviews by practising common questions related to risk management and assurance. We recommend using the STAR method to structure your answers – it helps you showcase your experience effectively!
✨Tip Number 3
Showcase your passion for building a braver future! When discussing your experiences, link them back to Lloyd’s values. It’ll demonstrate that you’re not just a fit for the role, but also for the company culture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll be one step closer to joining us in making a difference in the insurance world.
We think you need these skills to ace Manager, Financial Risk (Syndicate Capability Risk) in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management and assurance. We want to see how your skills align with the role of Manager, Financial Risk, so don’t hold back on showcasing your relevant achievements!
Showcase Your Communication Skills: Since this role requires clear articulation of complex ideas, ensure your written application reflects your ability to communicate effectively. Use concise language and structure your thoughts logically – we love a well-organised application!
Demonstrate Your Values: At Lloyd’s, we value bravery, collaboration, and integrity. In your application, share examples that demonstrate how you embody these values in your professional life. We’re looking for candidates who resonate with our mission to build a braver future together.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure it gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Lloyd's
✨Know Your Risk Management Inside Out
Make sure you brush up on your knowledge of risk management principles and frameworks. Be prepared to discuss your experience in internal audit, assurance, or regulatory oversight, as well as any specific examples where you've successfully managed risk.
✨Showcase Your Analytical Skills
Since the role involves analysing risks and identifying patterns, come ready with examples of how you've conducted risk analysis in the past. Highlight any thematic reviews you've executed and be prepared to discuss the outcomes and insights you derived from them.
✨Engage with Stakeholders Effectively
Demonstrate your ability to build relationships across teams. Think of instances where you've engaged with first-line teams or governance committees, and be ready to explain how you acted as a constructive challenger while maintaining professionalism.
✨Communicate Clearly and Concisely
Your written communication skills will be crucial in this role. Prepare to articulate complex ideas simply during the interview. Bring along examples of governance papers or assurance reports you've drafted, and be ready to discuss how you ensure clarity in your documentation.