Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead risk management for business services, ensuring operational resilience and effective oversight.
- Company: Join Pension Insurance Corporation, a leader in secure retirement incomes and exceptional customer service.
- Benefits: Enjoy private medical insurance, 28 days annual leave, study support, and a generous pension scheme.
- Why this job: Be part of a resilient culture that values adaptability and loyalty while making a real impact.
- Qualifications: Experience in change management and knowledge of operational resilience regulations are essential.
- Other info: This is a full-time, mid-senior level role with opportunities for personal and professional growth.
The predicted salary is between 48000 - 72000 £ per year.
Pension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Companywide strategic objectives and driving a healthy culture based on our PIC Values of Resilient, Adaptable, and Loyal.
Oversee and advise the Business Services Function, which covers Operational Resilience, Business Continuity, Disaster Recovery, Incident Management (non IT), Third Party and Outsourcers and Change. Collaborate effectively with first line to secure buy-in and implement effective oversight as well as ability to recognise and leverage existing mechanisms to help drive improvements. Support and direct improvements to systems, processes, reporting risk metrics, and technology, as appropriate. Apply regulatory and industry knowledge and insights to ensure design effectiveness across all framework activities and where there are gaps, to articulate the risks in terms of how this impacts our important business service, operational resilience and policyholders. Produce concise and insightful reporting in a timely manner to tight deadlines. Respond to regulatory queries when required.
Our Company values are expected to be reflected in the delivery and performance of every role. Specific accountabilities assigned to the role of Business Change Risk Lead within the Risk function include:
- Oversee and challenge regular reporting from the Operational Resilience, Third Party and Outsourcing and Change departments as part of the regular CRO report.
- Work with relevant departments to enhance and develop Management Information, Key Performance indicators and Risk Appetite Tolerance Schedules.
- Design and implement an Oversight Framework to include appropriate focus on Change, Operational Resilience and Third-Party Outsourcers to sit within the current ERM and Non-Financial Risk framework.
- Conduct a thorough risk analysis of the effectiveness of Operational Resilience Framework, including a risk paper on the Self-Assessment Board report.
- Conduct regular assessments of the performance of our Third-Party Outsourcers as part of the oversight and advice framework and review the effectiveness of the framework on an annual basis.
- Conduct regular reviews of the Change Portfolio, providing oversight and challenge on progress and approach.
- Conduct Deep Dives into areas of high risk, as necessary.
- Effectively collaborate with first line including Operational Resilience, Change and Third-Party teams.
- Take ownership for their own learning and development in both technical (e.g. data analysis and critical judgement) and non-technical (self-insight and relationship management) skills of Risk.
- Keep informed of industry trends, market developments, regulatory changes in the public and private sectors, as well as best practices related to Third Party oversight, Operational Resilience and Change by attending industry seminars, reading and sharing relevant published articles.
Requirements:
- Knowledge: Good technical knowledge of regulations regarding Operational Resilience, oversight of Third parties and Change; Good knowledge of industry best practice regarding Change; Established knowledge of regulatory reporting; Good knowledge of the new UK regulatory framework for critical third parties.
- Experience: Recognised professional qualifications helpful but not essential; Change management experience essential, qualifications helpful; Experience in delivering the activities to ensure resilience is helpful; Experience in developing and delivering oversight and advice frameworks for Operational Resilience, Third Party oversight and Change functions desired; Experience working in a corporate or consulting environment, financial services, insurance industry an advantage but not essential.
Benefits:
In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), study support with qualifications, a generous pension scheme and much more.
Business Services Risk Lead employer: Pension Insurance Corporation plc
Contact Detail:
Pension Insurance Corporation plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Business Services Risk Lead
✨Tip Number 1
Familiarise yourself with the latest regulations and best practices related to Operational Resilience and Third-Party oversight. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in the financial services and insurance sectors. Attend industry seminars or webinars to connect with potential colleagues and learn about the challenges they face, which can give you valuable insights for your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully implemented change management strategies in previous roles. Highlighting your experience in delivering effective oversight frameworks will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to collaborate effectively with various teams. Be ready to share instances where you've worked cross-functionally to achieve operational resilience, as this aligns closely with the role's requirements.
We think you need these skills to ace Business Services Risk Lead
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Business Services Risk Lead position. Tailor your application to highlight relevant experience in operational resilience, risk management, and change oversight.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in change management and your understanding of regulatory frameworks. Use specific examples that demonstrate your ability to oversee and improve business services functions.
Showcase Your Skills: Make sure to showcase both your technical skills, such as data analysis and risk assessment, and your soft skills, like collaboration and communication. This role requires a balance of both, so provide examples of how you've successfully used these skills in past roles.
Align with Company Values: Pension Insurance Corporation values resilience, adaptability, and loyalty. Reflect these values in your application by providing examples of how you've demonstrated these traits in your professional life. This will show that you are a good cultural fit for the company.
How to prepare for a job interview at Pension Insurance Corporation plc
✨Understand the Company Values
Before your interview, make sure you are familiar with Pension Insurance Corporation's values: Resilient, Adaptable, and Loyal. Be prepared to discuss how these values resonate with your own experiences and how you can embody them in the role.
✨Showcase Your Regulatory Knowledge
Given the importance of regulatory compliance in this role, brush up on your knowledge of the UK regulatory framework for critical third parties. Be ready to discuss how you have applied this knowledge in previous roles or how you would approach it in this position.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills and ability to manage risk. Prepare examples from your past experience where you successfully navigated challenges related to operational resilience, change management, or third-party oversight.
✨Demonstrate Collaborative Skills
Collaboration is key in this role. Be ready to share examples of how you've effectively worked with cross-functional teams in the past. Highlight your communication skills and your ability to secure buy-in from stakeholders.
