At a Glance
- Tasks: Lead the Risk Management function and drive strategic risk initiatives.
- Company: PoloWorks is a dynamic company focused on risk and compliance in the insurance sector.
- Benefits: Enjoy flexible working, private health insurance, and generous annual leave.
- Why this job: Make a real impact in a high-stakes role while collaborating with talented teams.
- Qualifications: Experience in risk management and understanding of insurance operations required.
- Other info: Join a culture that values pioneering, responsibility, inclusivity, and empowerment.
The predicted salary is between 84000 - 168000 £ per year.
At PoloWorks, we are looking for a forward-thinking and experienced risk professional to lead our Risk Management function. Reporting to the Director of Risk and Compliance, you will be instrumental in enabling PoloWorks and our managed Lloyd's Syndicates to navigate strategic risks and ensure robust control frameworks are in place. This is a high-impact leadership role, offering the opportunity to influence cross-functional teams, drive meaningful change, and contribute directly to regulatory and strategic priorities. Based in our London office, you will lead a talented team and work closely with senior stakeholders across the business to build resilience and deliver lasting value.
Key Responsibilities
- Lead and support the Risk Management function in the effective and efficient operation of the risk management framework, providing challenge and identifying areas for improvement.
- Lead and support the onboarding of Lloyd's Syndicates and their integration into the PoloWorks risk management framework.
- Lead and support the quarterly risk management process (including risk owner meetings) and other internal and external deliverables.
- Lead and support the cross-functional teams in order to document, evidence and assess the business' internal control environment.
- Lead and support the risk analysis process using quantitative data and qualitative information, setting the results into appropriate context.
- Lead and support the production of relevant committees risk reporting (Capital Committee, Syndicate Management Committee and Risk Committee).
- Recommend and implement process and analytic improvements.
- Lead and support the analysis of risk events and near misses / link to risks on the risk register and as well the Risk function's work on deep dives.
- Lead and support the Own Risk & Solvency Assessment (ORSA) reporting processes.
- Lead and support the development of policies and processes to ensure that they continue to support the business in its compliance with regulatory requirements.
- Lead and support the Internal Model validation process.
- Day-to-day management and oversight of Risk Management resources and deliverables.
Skills, Knowledge & Expertise
- Understanding of insurance business models, operations and underwriting products.
- Ability to work independently with limited supervision and as part of a team.
- Ability to respect the need for discretion and handle confidential information.
- Good communication skills, both orally and in writing.
- Good working knowledge of MS Office applications.
- Good attention to detail, particularly with regard to the presentation of work.
- Attention to detail and a proactive approach to problem-solving.
- Ability to prioritise and work to strict deadlines.
- Demonstrates behaviours aligned to the Polo Works PRIDE values: Pioneering - we don't stand still; Responsible - We do the right thing; Inclusive - we all play a role; Delivery Focused - we provide services we are proud of; Empowering - we equip people to be their best.
Job Benefits
As well as a competitive salary, discretionary annual bonus, and 25 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay. You will also have access to company volunteering days, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.
Head of Risk Management employer: Polo
Contact Detail:
Polo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Risk Management
✨Tip Number 1
Familiarise yourself with the specific risk management frameworks used in the insurance industry, particularly those relevant to Lloyd's Syndicates. This knowledge will not only help you understand the role better but also demonstrate your commitment and expertise during discussions.
✨Tip Number 2
Network with professionals in the risk management field, especially those who have experience with Lloyd's Syndicates. Attend industry events or webinars to connect with potential colleagues and gain insights into current challenges and best practices.
✨Tip Number 3
Prepare to discuss your leadership style and how you would approach managing a team in a high-impact role. Think about examples from your past experiences where you've successfully led teams through change or improved processes.
✨Tip Number 4
Stay updated on regulatory changes affecting the insurance sector and risk management practices. Being knowledgeable about current regulations will show that you are proactive and ready to ensure compliance within PoloWorks.
We think you need these skills to ace Head of Risk Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly in insurance and compliance. Use specific examples that demonstrate your leadership skills and ability to manage cross-functional teams.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your understanding of PoloWorks' values. Emphasise how your pioneering spirit and responsible approach align with their mission.
Showcase Relevant Skills: In your application, clearly showcase your skills in risk analysis, communication, and problem-solving. Provide examples of how you've successfully implemented risk management frameworks or improved processes in previous roles.
Proofread Your Application: Before submitting, thoroughly proofread your application for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the Head of Risk Management role.
How to prepare for a job interview at Polo
✨Understand the Risk Management Framework
Make sure you have a solid grasp of risk management frameworks, especially in the context of insurance. Be prepared to discuss how you would lead and improve these processes at PoloWorks.
✨Showcase Leadership Experience
As this is a high-impact leadership role, highlight your previous experience in leading teams and driving change. Share specific examples of how you've influenced cross-functional teams and contributed to strategic priorities.
✨Demonstrate Analytical Skills
Be ready to discuss your approach to risk analysis using both quantitative data and qualitative information. Prepare to explain how you contextualise results and make recommendations based on your findings.
✨Align with Company Values
Familiarise yourself with PoloWorks' PRIDE values: Pioneering, Responsible, Inclusive, Delivery Focused, and Empowering. Think of examples from your past that demonstrate how you embody these values in your work.