At a Glance
- Tasks: Lead financial risk management, oversee capital plans, and coach the team.
- Company: Join a top UK insurance firm known for innovation and excellence.
- Benefits: Enjoy a hybrid work model and competitive contract terms.
- Why this job: Make an impact in risk management while developing your leadership skills.
- Qualifications: Actuarial qualifications and strong knowledge of Solvency II required.
- Other info: This is a 6-month contract with potential for growth.
The predicted salary is between 54000 - 84000 £ per year.
Lorien's UK leading Insurance firm are currently looking for a highly skilled Financial Risk Professional to join the team on an initial 6-month contract.
Key responsibilities:
- Oversight of capital plans, input into climate risk management and scenario testing, and keeping risk frameworks and reporting in line with regulatory and business needs.
- Strong leadership skills are essential, as this role will coach and develop the wider Financial Risk team.
Ideal candidates will have:
- Actuarial or investment qualifications/experience
- Strong understanding of Solvency II, capital modelling/management, and investment or economic risk
- Experience working in either first- or second-line risk functions
- Proven ability to engage at senior levels and influence governance and decision-making
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Risk Professional Actuarial
✨Tip Number 1
Make sure to brush up on your knowledge of Solvency II and capital modelling. Being able to discuss these topics confidently during interviews will show that you have the expertise needed for this role.
✨Tip Number 2
Network with professionals in the financial risk sector, especially those who have experience in actuarial roles. This can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare examples of how you've successfully influenced governance and decision-making in previous roles. Being able to articulate these experiences will demonstrate your leadership skills effectively.
✨Tip Number 4
Stay updated on current trends in climate risk management and scenario testing. Showing that you're informed about these areas can set you apart from other candidates.
We think you need these skills to ace Senior Financial Risk Professional Actuarial
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your actuarial qualifications and experience in financial risk management. Emphasise your understanding of Solvency II and capital modelling, as these are crucial for the role.
Craft a Compelling Cover Letter: In your cover letter, explain why you are the ideal candidate for this position. Mention your leadership skills and how you have successfully coached teams in the past, as well as your ability to influence governance at senior levels.
Showcase Relevant Experience: When detailing your work experience, focus on roles where you engaged in climate risk management or scenario testing. Use specific examples to demonstrate your impact in previous positions.
Proofread Your Application: Before submitting, carefully proofread your application for any errors or inconsistencies. A polished application reflects your attention to detail, which is essential in a financial risk role.
How to prepare for a job interview at Lorien
✨Showcase Your Actuarial Expertise
Make sure to highlight your actuarial qualifications and experience during the interview. Be prepared to discuss specific projects or scenarios where you've applied your knowledge of Solvency II and capital management.
✨Demonstrate Leadership Skills
Since this role requires strong leadership, think of examples where you've successfully coached or developed a team. Share how you influenced decision-making processes in previous roles to showcase your ability to engage at senior levels.
✨Understand the Regulatory Landscape
Familiarise yourself with the current regulatory requirements related to financial risk management. Being able to discuss how you keep risk frameworks aligned with both regulatory and business needs will impress your interviewers.
✨Prepare for Scenario Testing Questions
Given the focus on climate risk management and scenario testing, be ready to discuss your approach to these areas. Prepare examples of how you've conducted scenario analyses and the impact they had on risk management strategies.