At a Glance
- Tasks: Lead risk management framework development and support decision-making across Europe.
- Company: Lockton, the world's largest privately held independent insurance brokerage.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Join a collaborative team and thrive in a complex, fast-paced organisation.
- Why this job: Make a real impact in a culture that values your potential and contributions.
- Qualifications: 5+ years in risk management, strong communication skills, and team leadership experience.
The predicted salary is between 51750 - 63250 £ per year.
Our Risk Team is expanding and we have an exciting opportunity for a Risk Manager to lead the development and operation of the risk management framework (and associated disciplines) across the European business.
Your key responsibilities:
- Support the European business in the execution of all aspects of the Risk Management Framework
- Lead the development of value-add tools and approaches to utilise risk management in every key aspect of decision making across the European Business
- Act as a subject matter expert and consultant to senior business stakeholders in all aspects of risk management, including regulatory mandates
- Ensure that the risk management approach remains relevant, effective, and compliant to law, standard and regulation as appropriate
- Lead the reporting, delivery and identification of relevant risks to the appropriate Boards and Committees
- Primary focus in Europe, but scope to provide support across the International business is highly valued
- Deliver regulatory required elements of the Risk Management Framework under the FCA rulebook (for instance TC2.4)
Candidate Profile
You should have:
- A minimum of 5 years experience in implementing and operating risk management frameworks and GRC systems
- Experience of the insurance industry/London Market / broking would be highly desirable
- Must be able to influence and provide strategic business partner/pro-active advice and guidance to senior leaders
- Should be an assured self starter able to work under pressure and meet deadlines
- Ability to prioritise work, deliver results, and provide support to senior roles through tactical and strategic planning
- Excellent verbal and written communication skills with the ability to analyse, articulate and present complex issues clearly and concisely
- Must be able to lead and develop a team
- Must work well in a complex organisation
- Proven technical ability around risk management, implementing ERM frameworks and GRC systems
- Intimate understanding of UK FCA risk management requirements and European risk standards is desirable
- Proven ability to make commercial, risk-based decisions
- Excellent stakeholder management skills
- Must have delivery orientation, initiative, and drive
- Ability to work with a high-degree of autonomy and be results-driven with a flexible approach to working
- Strong conceptual thinking and problem solving skills
- Strong analytical skills with the ability to interpret complex data and convey risk clearly
About The Position
Lockton is the world's largest privately held independent insurance brokerage. At Lockton, we are all about unlocking potential - your potential, our clients' potential, and ultimately our potential to deliver world-class service. If you're passionate about making a real impact and thriving in a culture where you truly belong, join us to make a difference.
Risk Manager - Europe employer: Lockton, Inc.
Lockton, Inc. is an exceptional employer that fosters a dynamic and collaborative work culture, perfect for those passionate about driving innovation in the insurance sector. With a strong emphasis on employee growth, we offer numerous opportunities for professional development and career advancement, all while working in a supportive environment that values your contributions. Located in a vibrant area, our team enjoys a balance of work and life, making Lockton a truly rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager - Europe
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lockton, Inc.). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lockton, Inc.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Risk Manager - Europe
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Lockton, Inc..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lockton, Inc.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Lockton, Inc.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lockton, Inc. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Lockton, Inc., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Lockton, Inc.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
