Senior Risk Manager | London, UK

Senior Risk Manager | London, UK

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
M

At a Glance

  • Tasks: Lead risk management initiatives and collaborate with teams to enhance risk culture.
  • Company: Join Marsh McLennan, a global leader in risk and strategy with over 90,000 colleagues.
  • Benefits: Enjoy hybrid work flexibility, professional development, and a vibrant, inclusive culture.
  • Why this job: Be part of a dynamic team that values innovation and offers diverse career opportunities.
  • Qualifications: 2nd Line Risk management experience and strong stakeholder engagement skills required.
  • Other info: Marsh McLennan promotes diversity and is committed to providing reasonable adjustments for candidates.

The predicted salary is between 48000 - 72000 £ per year.

We are seeking a talented Senior Risk Manager to join our Marsh McLennan Risk Team. This role will be based in our London office. This is a hybrid role that has a requirement of working at least three days a week in the office.

You will be working with the wider Risk Function in ensuring that the annual Risk Management Plan is delivered effectively, and that valued risk advice is provided to the business. You will play a key role in fostering a strong risk culture, across all categories of risk, throughout the organisation.

This is an exciting time to be joining the Marsh McLennan Risk team as we build closer ties between our other Marsh McLennan businesses to widen knowledge and experience.

You will have the opportunity to:

  • Join a truly global organisation that can offer excellent training and ongoing career development opportunities.
  • Learn from and work with a diverse and dynamic group of businesses.
  • Be part of a highly skilled Risk team that strives to partner with the business to balance achieving its growth ambitions whilst managing risks.
  • Join a Risk Function that is keen to continuously improve and innovate and learn from each other.

You will support a number of enhancement activities, working with the Deputy Chief Risk Officer and Senior Risk Managers. The role will therefore come with plenty of variety and opportunity to learn as well as share your own industry experience.

We will count on you to:

  • Help implement the annual Risk Management plan, taking into account internal and external priorities and focus areas.
  • Work collaboratively with the Risk Function and the Deputy Chief Risk Officer to deliver and help enhance the Enterprise Risk Management framework.
  • Share your own insights on the key risks facing Marsh McLennan in the UK, taking into account your insights from meetings with the business.
  • Lead RCSA (Risk & Control Self Assessment) meetings and other (ad-hoc) engagements with the business and take an active role in ensuring the risk registers have been appropriately updated with quality information on the risks, controls and actions.
  • Take a lead role on the business areas you partner with, including providing a risk view at business governance committees, working collaboratively with first line of defence Risk Champions and Business Leaders.
  • Produce high quality, targeted (draft) risk reporting for Committees and Executives.
  • Help lead on various Risk Management deep dives / strategic projects, e.g. M&A, control enhancements, and other strategic opportunities as may arise.
  • Provide the necessary training and coaching to other Risk colleagues and first line Risk Co-ordinators/ Risk Champions.
  • Support the wider Marsh McLennan Risk agenda as needed by working closely with Compliance and other colleagues in the UK and globally.

What you need to have:

  • 2nd Line Risk management experience, including involvement in key risk management processes such as risk and control assessments, incident management, control reviews, thematic reviews, risk appetite, development of Key Risk Indicators and producing committee reports.
  • Financial Services experience preferred.
  • Ability to work effectively with a range of senior stakeholders on risk matters, with sufficient experience to drive engagement and competency in risk management across the organisation.
  • Experience writing high quality risk reporting for executive/ board level committees.

What makes you stand out:

  • Experience in the insurance or insurance broking industry and/or Investment management industry.
  • Risk Management qualification.

Why join our team:

We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer.

We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week.

Senior Risk Manager | London, UK employer: Marsh & McLennan Companies, Inc.

Marsh McLennan is an exceptional employer, offering a vibrant and inclusive work culture in the heart of London. With a strong focus on professional development, employees benefit from ongoing training and diverse career opportunities within a global organisation. The hybrid work model promotes flexibility while fostering collaboration, ensuring that team members can thrive both personally and professionally.
M

Contact Detail:

Marsh & McLennan Companies, Inc. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Manager | London, UK

✨Tip Number 1

Familiarise yourself with the latest trends and challenges in risk management, particularly within the financial services sector. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.

✨Tip Number 2

Network with professionals in the risk management space, especially those who work at Marsh McLennan or similar organisations. Engaging with current employees can provide valuable insights into the company culture and expectations, which can be beneficial during your application process.

✨Tip Number 3

Prepare to discuss specific examples from your past experience that highlight your ability to manage risks effectively. Be ready to explain how you've contributed to risk assessments, incident management, and reporting, as these are key aspects of the role.

✨Tip Number 4

Showcase your leadership skills by discussing any experience you have in training or mentoring others in risk management practices. This will align well with the role's requirement to provide guidance and support to colleagues and first line Risk Champions.

We think you need these skills to ace Senior Risk Manager | London, UK

Risk Management
Stakeholder Engagement
Risk and Control Assessments
Incident Management
Control Reviews
Thematic Reviews
Risk Appetite Development
Key Risk Indicators
Committee Reporting
Financial Services Knowledge
Insurance Industry Experience
Investment Management Experience
High-Quality Report Writing
Training and Coaching Skills
Collaboration Skills
Analytical Thinking

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly in the financial services sector. Emphasise your involvement in key risk processes and any leadership roles you've held.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that align with the responsibilities outlined in the job description, such as leading RCSA meetings or producing high-quality risk reports.

Showcase Your Qualifications: If you have any risk management qualifications, be sure to mention them prominently. This can set you apart from other candidates and demonstrate your commitment to the field.

Highlight Stakeholder Engagement Skills: Since the role requires working with senior stakeholders, provide examples of how you've effectively engaged with various levels of management in previous roles. This will show your ability to drive engagement and competency in risk management.

How to prepare for a job interview at Marsh & McLennan Companies, Inc.

✨Understand the Risk Management Framework

Familiarise yourself with the Enterprise Risk Management framework that the company uses. Be prepared to discuss how your previous experience aligns with their approach and how you can contribute to enhancing it.

✨Prepare for Scenario-Based Questions

Expect questions that assess your ability to handle real-world risk scenarios. Think of examples from your past roles where you successfully managed risks or implemented control measures, and be ready to articulate these clearly.

✨Showcase Your Stakeholder Engagement Skills

Highlight your experience working with senior stakeholders. Prepare to discuss how you've effectively communicated risk matters and driven engagement in previous roles, as this is crucial for the position.

✨Demonstrate Your Reporting Skills

Since high-quality risk reporting is essential for this role, be ready to share examples of reports you've produced for executive or board-level committees. Emphasise your ability to present complex information in a clear and concise manner.

Senior Risk Manager | London, UK
Marsh & McLennan Companies, Inc.
M
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>