At a Glance
- Tasks: Lead strategic risk management and influence key business decisions in insurance.
- Company: Top general insurer driving exciting changes in the industry.
- Benefits: Competitive salary, hybrid working, and a chance to shape the future of insurance.
- Other info: Opportunity for significant career growth and impact on business strategy.
- Why this job: Gain strategic ownership and work closely with senior executives in a dynamic environment.
- Qualifications: Chartered actuary or equivalent with strong pricing and risk management experience.
The predicted salary is between 60000 - 80000 £ per year.
North Co Recruitment are working with one of the top general insurers to appoint a Head of Insurance Risk into their risk function as they drive through an exciting period of change. This is a technical risk role - built for an actuary with pricing experience who wants to deploy that technical depth to shape how the business makes strategic decisions, rather than remain a practitioner.
What you'll do
- Own independent review and challenge of business strategy across pricing, underwriting, reserving and reinsurance risks.
- Lead the Insurance Risk Management Framework across the UK business, including risk appetite, breach management and recovery planning.
- Oversee product and deal approval processes, providing second-line challenge on new products, pricing models and performance against financial targets.
- Partner with the Actuarial team to ensure insurance risks are properly reflected in capital models, reserves and reinsurance strategy.
- Lead annual stress testing and scenario analysis, translating findings into actionable risk management decisions.
- Present insurance risk insights to senior management, board committees and regulators with credibility and authority.
What we're looking for
- Chartered or fully qualified actuary, or equivalent senior-level insurance qualification.
- Substantive technical experience in pricing and/or actuarial, with a clear understanding of how pricing drives business revenue, growth and optimisation.
- A track record of providing independent challenge and oversight - comfortable holding a senior position in the room.
- Exceptional stakeholder management skills, with experience influencing senior executives, board members and regulators.
- Strong grounding in insurance products, market trends and the UK regulatory environment.
- Consultancy or insurer background both considered - direct insurance experience is preferred.
Hybrid working applies, with a mix of home and office-based collaboration. If you're looking for a Head of Insurance Risk role with genuine strategic ownership, a seat alongside the Chief Actuary, and scope to shape how risk and pricing interact at a group level, we'd be keen to speak.
Salary: c.£150,000 base, plus discretionary bonus
Location: Hybrid, London Based.
Please note, the client is unable to offer sponsorship for this opportunity.
For more information or to discuss other opportunities, reach out to Tom Parker, visit our website or follow our LinkedIn page.
Head of Insurance Risk - Personal Lines Insurer in Slough employer: North Co Recruitment
Join a leading general insurer that values innovation and strategic thinking, offering a dynamic work environment in London. As the Head of Insurance Risk, you'll benefit from a collaborative culture that encourages professional growth and development, alongside competitive remuneration and a discretionary bonus. With hybrid working options, you can enjoy a balanced lifestyle while making impactful decisions at the highest levels of the organisation.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Insurance Risk - Personal Lines Insurer in Slough
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like North Co Recruitment). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like North Co Recruitment. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Head of Insurance Risk - Personal Lines Insurer in Slough
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at North Co Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at North Co Recruitment. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at North Co Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at North Co Recruitment to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at North Co Recruitment, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding North Co Recruitment's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
