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 future opportunities.
The predicted salary is between 60000 - 84000 £ per year.
6 Month Contract
Location: London (Hybrid)
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
Senior Financial Risk Professional Actuarial employer: Lorien
Contact Detail:
Lorien Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Risk Professional Actuarial
✨Tip Number 1
Network with professionals in the insurance and financial risk sectors. Attend industry events or webinars where you can meet people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest developments in Solvency II and climate risk management. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss your leadership experiences in detail. Since this role involves coaching and developing a team, think of specific examples where you've successfully led projects or mentored colleagues.
✨Tip Number 4
Research the company's risk frameworks and recent regulatory changes. Understanding their current practices and challenges will allow you to tailor your discussions and show how you can add value to their team.
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 decision-making at senior levels.
Showcase Relevant Experience: Provide specific examples of your previous work in first- or second-line risk functions. Highlight any projects where you oversaw capital plans or contributed to climate risk management and scenario testing.
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 the financial risk field.
How to prepare for a job interview at Lorien
✨Showcase Your Leadership Skills
As a Senior Financial Risk Professional, strong leadership is crucial. Be prepared to discuss your experience in coaching and developing teams, and provide specific examples of how you've influenced decision-making in previous roles.
✨Demonstrate Your Technical Knowledge
Make sure you have a solid understanding of Solvency II, capital modelling, and economic risk. Prepare to discuss how you've applied this knowledge in practical scenarios, as well as any relevant actuarial or investment qualifications you hold.
✨Prepare for Scenario Testing Questions
Given the role's focus on climate risk management and scenario testing, be ready to explain your approach to these areas. Think about past experiences where you've successfully implemented risk frameworks and how they aligned with regulatory requirements.
✨Engage with Senior Stakeholders
This position requires engaging at senior levels, so practice articulating your ideas clearly and confidently. Prepare to discuss how you've influenced governance and decision-making processes in your previous roles, highlighting your communication skills.