At a Glance
- Tasks: Lead risk management initiatives and collaborate with senior stakeholders globally.
- Company: Join Howden, a dynamic company committed to diversity and innovation.
- Benefits: Flexible working options, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact in enterprise risk management within a global team.
- Qualifications: Experience in risk management, particularly in the insurance sector, is essential.
- Other info: Embrace a supportive culture that values new ideas and collaboration.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for a Group (Senior) Risk Manager to join us to support delivery of our vision and strategy for enterprise risk at Howden. The successful applicant will support further embedding of our enterprise risk management framework across the group globally, and the role holder will be a key part of the Group Risk team in an established and growing Group Risk function. The role is highly visible, requiring interaction with senior stakeholders at Group-level and across all business divisions internationally. The individual must be an independent, self-starter who is able to lead initiatives and collaborate with senior management constructively and effectively.
The individual will support the Group Risk Director, divisional Chief Risk Officers and local risk and compliance teams globally, to embed the Group Risk Management Framework and methodologies for identifying, assessing, mitigating and escalating risks.
Please note this is a full-time, permanent role based in our Central London office.
- Support the Group Risk Director in the socialisation, embedding and further development of the risk management framework across the Group (including the assimilation of data from our internal risk management software).
- Aligns risk reporting strategy with the Group's broader goals and objectives to anticipate potential risks that could impact these objectives.
- Facilitates risk assessments across the Group, including (but not limited to) the analysis of current mitigation to key risks, identification of emerging risks, analysing root causes, perform scenario analysis, and review against risk appetite statements / tolerances. Highlight gaps and / or weaknesses with corresponding solutions.
- Builds and maintains relationships with key stakeholders, providing risk management guidance, challenge and consultation.
- Contributes to the successful delivery of a Risk Management Information System rollout across the Group.
- Responds appropriately to urgent issues and perform ad hoc risk assessments as they arise.
- The successful individual is expected to be competent in the practical application of risk management within the insurance industry.
- Strong interpersonal skills to develop and maintain relationships with divisional risk teams & Group and divisional stakeholders, providing valuable input and challenge. A high degree of professionalism required.
- Seek opportunities to improve the effectiveness of the Group Risk team through working collaboratively with colleagues and other teams / departments (e.g. Internal Audit, Legal) and with external contacts (e.g. External Audit).
- Maintain awareness of organisational structures and activities, including cross-border activities and intercompany relationships/dependencies, in order to understand business dynamics, pressures and needs.
- Ideal candidates will have previous working experience of operating in a second line risk management department of a financial services firm in the UK and Insurance sector expertise is essential.
- Able to evidence competent knowledge and experience of practical implementation of a risk framework in a global business.
- Proven experience of identifying gaps or areas of improvement and leading/delivering remediation in a business essential.
- Experience required of Risk Management Information System implementation projects and preferable if the candidate has held prior leadership roles in delivery (Governance Risk and Compliance tools or other risk systems).
- Previous leadership and delivery of 2LOD oversight and challenge activity a requirement (e.g. Deep dive risk reports, post incident risk assessments).
- The candidate should be able to evidence a breadth of experience across the enterprise risk management domains.
- Strong analytical, written communication and presentation skills required.
- MS Office including MS Excel to an intermediate level (including Macros, V-Look ups and Pivot tables).
- Prior people management and budget management expertise preferable.
- Ability to understand and convey complex matters to senior stakeholders (e.g. incident management oversight: coordinating with all functions on the reporting, investigation and escalation of operational incidents).
A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:
- Our successes have all come from someone brave enough to try something new.
- We support each other in the small everyday moments and the bigger challenges.
- We are determined to make a positive difference at work and beyond.
We’re committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours or hybrid working. If you’re excited by this role but have some doubts about whether it’s the right fit for you, send us your application – if your profile fits the role’s criteria, we will be in touch to assist in helping to get you set up with any reasonable adjustments you may require.
Group Risk Senior Manager employer: London Insurance Life
Contact Detail:
London Insurance Life Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Risk Senior Manager
✨Tip Number 1
Network like a pro! Reach out to current employees at Howden on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by researching the company’s risk management framework. Show us you understand their goals and how you can contribute to their vision. Tailor your examples to highlight your relevant experience!
✨Tip Number 3
Practice your presentation skills! You’ll need to convey complex ideas clearly to senior stakeholders. Grab a friend or use a mirror to rehearse your key points and ensure you come across as confident and professional.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email reiterating your interest in the role can keep you top of mind. Plus, it shows us you’re genuinely keen on joining the team!
We think you need these skills to ace Group Risk Senior Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management, especially within the insurance sector. We want to see how your skills align with our vision and strategy!
Showcase Your Achievements: Don’t just list your responsibilities; share specific examples of how you've identified risks and implemented solutions. We love seeing tangible results that demonstrate your impact in previous roles.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language to convey your ideas, as strong written communication is key for this role. We appreciate clarity!
Apply Through Our Website: We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Don’t miss out!
How to prepare for a job interview at London Insurance Life
✨Know Your Risk Management Framework
Make sure you have a solid understanding of risk management frameworks, especially in the context of the insurance industry. Be prepared to discuss how you've applied these frameworks in previous roles and how they align with the company's goals.
✨Showcase Your Stakeholder Engagement Skills
Since this role involves interacting with senior stakeholders, think of examples where you've successfully built relationships and provided valuable input. Highlight your ability to communicate complex matters clearly and effectively.
✨Prepare for Scenario Analysis Questions
Expect questions that require you to analyse risks and propose mitigation strategies. Brush up on your analytical skills and be ready to discuss specific scenarios you've encountered, including how you identified gaps and implemented solutions.
✨Demonstrate Leadership Experience
This position requires leadership in risk management initiatives. Be ready to share your experiences leading teams or projects, particularly in implementing risk management information systems or conducting deep dive risk assessments.