At a Glance
- Tasks: Support the development of enterprise risk management frameworks and collaborate with various teams.
- Company: Pension Insurance Corporation, dedicated to secure retirement incomes and exceptional customer service.
- Benefits: Competitive salary, private medical insurance, 28 days annual leave, and a generous pension scheme.
- Why this job: Join a dynamic team making a real impact in risk management for secure retirements.
- Qualifications: Experience in Enterprise Risk Management and strong communication skills are essential.
- Other info: Opportunity for professional growth in a supportive and collaborative environment.
The predicted salary is between 48000 - 72000 ÂŁ per year.
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Direct message the job poster from Pension Insurance Corporation plc
Talent Acquisition & Early Careers at Pension Insurance Corporation | Financial Services & Insurance
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 company‑wide strategic objectives and driving a healthy culture based on our PIC values of Resilient, Adaptable, and Loyal.
Role Purpose
To provide support to the Director of ERMRA and Enterprise Risk Management Lead in relation to PIC\’s enterprise risk management framework and insight and assurance about the enterprise risks faced and emerging, in the context of PIC\’s stated Risk Strategy and Appetite, regulatory and other relevant obligations, and how it conducts its business.
Specific Accountabilities
- Support the coordination of the development and operation of the enterprise risk management framework, including the Risk Policy and Enterprise Risk Management Framework and system, review of board‑level risk appetites, and ongoing evolution of the Risk Strategy and Appetite Framework.
- Ensure risk policies are reviewed and that the framework and related tools are appropriately communicated to the business and used consistently.
- Work with relevant technical teams to develop and embed the Stress and Scenario Testing framework, coordinating SST exercises and creating ad‑hoc SST with the ERM Lead – Risk Strategy.
- Lead the ongoing development and annual refresh of the Recovery and Resolution Plan, updating governance, monitoring frameworks, and the run‑off plan as required.
- Support the development, completion and embedding of the ORSA report and the associated processes, including communication to internal stakeholders and regulators.
- Provide advice and oversight to first‑line contacts on matters of the ERM framework and advocate for emerging risk identification.
- Support the Risk Function with broader initiatives, including closure of regulatory and assurance actions, deep‑dive reviews, and new business transaction reviews.
- Collaborate with the broader Risk SLT on initiatives related to risk framework developments and risk taxonomy work.
Requirements
- UK bulk annuity market knowledge and understanding of associated risk profile.
- Knowledge of legal, regulatory, and industry requirements relevant to the role.
- Knowledge of development and embedding of ERM frameworks.
- Familiarity with Recovery and Resolution Planning, the ORSA report, and Stress and Scenario testing planning.
- Ability to lead and support these functions with limited oversight.
Skills
- Strong written and oral communication skills, with ability to communicate complex information to senior management and external stakeholders.
- Capability to manage upwards and influence across the organisation.
- Ability to distill information and apply judgement.
- Self‑management and relationship‑building skills to maintain understanding of market developments.
- Willingness and ability to develop a deep understanding of the risk profile of a UK BPA provider.
Experience
- Risk professional with experience working within an Enterprise Risk Management team.
- Experience liaising and interacting with senior individuals.
- Experience with UK bulk annuity transactions from either a first‑line or second‑line perspective.
- Experience working within an independent challenge function (e.g., second‑line risk function, consulting role, or audit).
Benefits
In addition to a competitive base salary and the opportunity to participate in our annual, performance‑related bonus plan, upon joining us you will have private medical insurance, 28 days’ annual leave (excluding bank holidays), a generous pension scheme, and more.
Seniority level
- Associate
Employment type
- Full‑time
Job function
- Finance and Sales
Location
London, England, United Kingdom
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Enterprise Risk Management Manager (9 month FTC) employer: Pension Insurance Corporation plc
Contact Detail:
Pension Insurance Corporation plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Enterprise Risk Management Manager (9 month FTC)
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work at Pension Insurance Corporation. A friendly chat can open doors and give you insights that might just help you stand out.
✨Tip Number 2
Prepare for interviews by diving deep into PIC's values: Resilient, Adaptable, and Loyal. Think of examples from your past experiences that showcase these traits, so you can impress them with how well you fit their culture.
✨Tip Number 3
Don’t just wait for job openings to pop up! Keep an eye on our website and apply directly there. It shows initiative and gives you a better chance of being noticed by the hiring team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It keeps you fresh in their minds and shows that you’re genuinely interested in the role.
We think you need these skills to ace Enterprise Risk Management Manager (9 month FTC)
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in enterprise risk management. We want to see how your skills align with our needs, so don’t hold back on showcasing relevant projects or achievements!
Showcase Your Communication Skills: Since the role requires excellent written and oral communication, use your application to demonstrate these skills. Keep your language clear and concise, and make sure to explain complex concepts in a way that’s easy to understand.
Highlight Your Collaborative Spirit: We value teamwork here at PIC, so be sure to mention any experiences where you’ve successfully collaborated with others. Whether it’s working with first line teams or coordinating with sub-teams, let us know how you’ve made a difference!
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company and values.
How to prepare for a job interview at Pension Insurance Corporation plc
✨Know Your Risk Management Stuff
Make sure you brush up on your knowledge of enterprise risk management frameworks, especially in the context of the UK bulk annuities market. Be ready to discuss how you've applied these concepts in previous roles and how they relate to the responsibilities outlined in the job description.
✨Showcase Your Communication Skills
Since the role requires excellent written and oral communication skills, prepare to demonstrate how you can convey complex information clearly. Think of examples where you've successfully communicated with senior management or external parties, and be ready to share those stories.
✨Be Ready to Collaborate
Collaboration is key in this role, so think about times when you've worked effectively with different teams. Prepare to discuss how you can coordinate with various first-line teams and support the development of the ERM framework while ensuring everyone is on the same page.
✨Understand the Company Values
Familiarise yourself with Pension Insurance Corporation's values: Resilient, Adaptable, and Loyal. Be prepared to explain how you embody these values in your work and how they align with your approach to risk management and team collaboration.