At a Glance
- Tasks: Lead risk assessments and enhance risk mitigation strategies.
- Company: Join a top general insurance provider in the heart of London.
- Benefits: Enjoy competitive pay, career growth, and a vibrant work culture.
- Why this job: Shape the future of risk management in a dynamic team environment.
- Qualifications: Experience in risk management, preferably in insurance or Lloyd's market.
- Other info: Opportunity to engage with various business areas and stakeholders.
The predicted salary is between 43200 - 72000 £ per year.
We have partnered with a leading general insurance provider to help them find a Risk Manager to join their dynamic Enterprise Risk Management (ERM) team. Reporting directly to the Head of Risk, this position is integral to shaping and strengthening the company's risk framework at an enterprise level.
Responsibilities include but are not limited to:
- Taking the lead on planning and executing Risk and Control Self-Assessments (RCSAs) across key operational and strategic risk areas.
- Conducting deep-dive reviews focused on controls, identifying gaps and driving enhancements in risk mitigation.
- Supporting the creation of high-quality risk reporting at the enterprise level, including the ORSA process and input to governance forums like the Risk and Capital Committee.
- Owning the Emerging Risks Framework - this includes conducting forward-looking research and engaging with stakeholders across underwriting and other business areas.
This is an outstanding opportunity for an experienced risk professional with a strong understanding of the insurance or Lloyd's market. Apply below to learn more.
Risk Manager (City Of London) employer: Placed
Contact Detail:
Placed Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager (City Of London)
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in risk management, particularly within the insurance 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 insurance and risk management industry. Attend relevant events or webinars where you can connect with current employees or leaders in the field. This could provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully identified and mitigated risks in previous roles. Tailoring your experiences to align with the responsibilities mentioned in the job description will make you stand out as a candidate.
✨Tip Number 4
Research the company’s existing risk framework and any recent developments in their approach to risk management. Being able to speak knowledgeably about their practices and suggesting potential improvements can set you apart from other candidates.
We think you need these skills to ace Risk Manager (City Of London)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Risk Manager. Familiarise yourself with terms like Risk and Control Self-Assessments (RCSAs) and the ORSA process, as these will be crucial in your application.
Tailor Your CV: Highlight your relevant experience in risk management, particularly within the insurance or Lloyd's market. Use specific examples that demonstrate your ability to lead RCSAs and enhance risk mitigation strategies.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the company's needs and mention any specific projects or achievements that showcase your expertise in risk management.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter. Look for any spelling or grammatical errors, and ensure that your documents are clear and professional. A polished application reflects your attention to detail.
How to prepare for a job interview at Placed
✨Understand the Risk Framework
Make sure you have a solid grasp of the company's risk framework and how it operates at an enterprise level. Be prepared to discuss your experience with Risk and Control Self-Assessments (RCSAs) and how you've identified gaps in previous roles.
✨Showcase Your Analytical Skills
Highlight your ability to conduct deep-dive reviews and your experience in enhancing risk mitigation strategies. Bring examples of past projects where your analytical skills made a significant impact on risk management.
✨Prepare for Governance Discussions
Familiarise yourself with governance forums like the Risk and Capital Committee. Be ready to discuss how you can contribute to high-quality risk reporting and the ORSA process, showcasing your understanding of these critical components.
✨Engage with Emerging Risks
Demonstrate your proactive approach to identifying emerging risks. Discuss any forward-looking research you've conducted and how you've engaged with stakeholders in previous roles to address these risks effectively.