Senior Risk Manager in London

Senior Risk Manager in London

London Full-Time 60000 - 80000 ÂŁ / year (est.) Home office (partial)
Marsh McLennan

At a Glance

  • Tasks: Lead risk management initiatives and provide strategic guidance to business areas.
  • Company: Join Marsh, a global leader in risk management with a vibrant culture.
  • Benefits: Enjoy professional development, flexible work options, and a supportive team environment.
  • Other info: Embrace diversity and enjoy excellent career growth opportunities.
  • Why this job: Make a real impact in a dynamic role while learning from industry experts.
  • Qualifications: Experience in risk management and strong stakeholder engagement skills required.

The predicted salary is between 60000 - 80000 ÂŁ per year.

We are seeking a talented individual to join our Risk Team in Marsh McLennan. 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.

The Senior Risk Manager 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 partnering with selected business areas, providing guidance, advice and challenge. In particular, you will take an active role in working with the Marsh Specialty Leaders and Business areas.

This is a great opportunity to join a truly global organisation that can offer training and ongoing career development opportunities. You will have the opportunity to learn from and work with a diverse and dynamic group of businesses. A highly skilled Risk team that strives to ensure the business is achieving best practice. A Risk Function that is keen to continuously improve and innovate and learn from each other, including through the responsible use of AI. The role will therefore come with plenty of variety and opportunity to learn as well as share your own industry experience. Opportunity to work closely with local (business) Management and provide guidance at local executive committees and risk groups.

We will rely on you to:

  • Take a lead role on the business areas you partner with, including a number of Specialty businesses. This includes providing a risk view at the first line business governance committees and working collaboratively with first line of defence Risk Champions and Business Leaders.
  • Share your own perspectives on the key risks facing Marsh in the UK, taking into account your insights from meetings with the business and external sources.
  • 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.
  • Produce high quality, targeted (draft) risk reporting for Committees and Executives. This includes well-articulated narratives on key risks, updates on the status of risks, controls and actions and ensuring the information is presentable such that it is suitable for a senior audience.
  • Help lead on various Risk Management deep dives / strategic projects, e.g. M&A, control enhancements, and other strategic opportunities as they arise.
  • Lead the business on the enhancement of their controls, KRIs and other activities.
  • Provide the necessary training and coaching to first line Risk Coordinators/ Risk Champions.
  • Support the wider Marsh Risk agenda as needed by working closely with Compliance and other colleagues in the UK and globally.

What you need to have:

  • 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.
  • Insurance/ Insurance Broking, Lloyd’s market, in particular Specialty lines, experience is strongly preferred.
  • Some experience (in a risk function capacity) in facilities and delegated authorities will be beneficial but not essential.
  • 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.

What makes you stand out:

  • Experience in the insurance, insurance broking, Specialty 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 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 at reasonableaccommodations@mmc.com.

Marsh 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 colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

Senior Risk Manager in London employer: Marsh McLennan

Marsh McLennan is an exceptional employer, offering a vibrant and inclusive work culture that prioritises professional development and collaboration. As a Senior Risk Manager in our London office, you will benefit from a dynamic team environment, access to diverse career opportunities, and the chance to engage with talented colleagues while contributing to innovative risk management solutions. Our commitment to hybrid work ensures flexibility, allowing you to balance remote work with valuable in-office interactions, all within a globally recognised organisation dedicated to fostering growth and well-being.
Marsh McLennan

Contact Detail:

Marsh McLennan Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Risk Manager in London

✨Tip Number 1

Network like a pro! Reach out to current employees at Marsh or in the risk management field. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for interviews by practising common risk management scenarios. Think about how you'd tackle specific challenges in the role. This shows you're not just knowledgeable but also ready to jump in and make an impact.

✨Tip Number 3

Showcase your experience with high-quality risk reporting. Bring examples to the table during interviews that highlight your ability to communicate complex information clearly and effectively to senior stakeholders.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Marsh.

We think you need these skills to ace Senior Risk Manager in London

Risk Management
Risk and Control Assessments
Incident Management
Control Reviews
Thematic Reviews
Risk Appetite Development
Key Risk Indicators (KRIs)
High Quality Risk Reporting
Stakeholder Engagement
Insurance Industry Knowledge
Insurance Broking Experience
Specialty Lines Expertise
Training and Coaching
Project Management

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Risk Manager role. Highlight your relevant experience in risk management and any specific skills that align with what we’re looking for, like your ability to produce high-quality risk reports.

Showcase Your Experience: Don’t just list your past jobs; share specific examples of how you’ve tackled risk management challenges. We want to see how you’ve provided guidance and advice in previous roles, especially in the insurance or specialty lines sector.

Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate well-articulated narratives, so make sure your key points stand out and are easy to read.

Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details about the role and our company culture there!

How to prepare for a job interview at Marsh McLennan

✨Know Your Risk Management Stuff

Make sure you brush up on your risk management processes, especially those related to risk and control assessments. Be ready to discuss your experience in these areas and how they relate to the role at Marsh.

✨Showcase Your Stakeholder Skills

Prepare examples of how you've effectively engaged with senior stakeholders in the past. Highlight your ability to drive engagement and competency in risk management across an organisation, as this will be crucial for the Senior Risk Manager position.

✨Craft High-Quality Reports

Since producing high-quality risk reporting is a key part of the job, practice articulating your thoughts clearly and concisely. Bring samples of your previous reports if possible, and be ready to discuss how you ensure the information is suitable for a senior audience.

✨Embrace the Hybrid Work Culture

Understand the hybrid work model that Marsh promotes. Be prepared to discuss how you can contribute to team collaboration while working both in the office and remotely, showing that you're adaptable and ready to thrive in their environment.

Senior Risk Manager in London
Marsh McLennan
Location: London

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