At a Glance
- Tasks: Lead risk management initiatives and foster a culture of risk awareness.
- Company: SiriusPoint is a global insurance and reinsurance underwriter, listed on the NYSE.
- Benefits: Enjoy a collaborative environment with opportunities for professional growth and development.
- Why this job: Join a dynamic team focused on innovative risk solutions in a supportive culture.
- Qualifications: 8+ years in risk management or similar roles; Bachelor's degree required.
- Other info: Work from our vibrant New York City office and engage with diverse teams globally.
The predicted salary is between 43200 - 72000 £ per year.
SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as 'One SiriusPoint', to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.
As a key member of the risk management function you will support establishing and maintaining an effective risk and control management framework and fostering a culture of risk awareness. You will help lead the development, roll out and execution of a risk management framework focusing on partnering with the business to assess risk and establish and review process and controls.
You will operate as Senior Risk Manager for Group Risk Team, and you will be based at our New York City office. To thrive in this position, you will be solution and delivery focused, intellectually curious, energetic and have great influencing skills with 8+ years' previous risk, audit, operations, or consulting experience in Insurance or Financial Services. You will report to the global Head of Enterprise Risk Management.
Your responsibilities will include:
- Providing leadership and guidance for the business and risk colleagues to implement the evolving risk and control framework.
- Demonstrating a strong understanding of key processes within an insurance company.
- Working with the business to enable the development, assessment and reporting on risks, risk mitigation activities, processes and controls in support of a strong risk culture.
- Responsible for the day to day implementation of the Process and Controls Transformation project and leading/supporting the risk assessments of other significant business change transformation projects.
- Leading Risk and Control Self-Assessments for assigned areas and continuously interacting with the first line of defence to encourage timely reporting of risk incidents.
- Agreeing and monitoring the implementation of action plans to remediate documented issues.
- Assisting Group and Legal Entity Risk colleagues in preparing reports to Executive Risk Committee, Board Risk Committee(s) and the Boards of Directors, including drafting papers and regulatory responses.
- Contributing to the continuous development, embedding and operation of the Company's risk management framework.
- Providing advice, support, training and challenge to first line on risk management matters.
Your skills and abilities should include:
- Bachelor's degree in higher education and a desire to pursue further professional qualifications of bodies such as the Chartered Insurance Institute or Institute of Risk Management.
- Minimum of 8 years of experience in risk management or relevant similar roles.
- Previous risk and control design experience.
- Ability to proactively work independently, with minimal supervision.
- Ability to collaborate and business partner effectively with various stakeholders, committees, and boards, demonstrating strong communication and interpersonal skills and the ability to network across stakeholders to get things done.
- Capability to assist in major strategic business projects, ensuring alignment with organizational objectives and goals.
- Strong problem solving, investigative, and analytical skills to identify, address, and resolve risk issues that may arise.
- Strong understanding and experience in implementing new legal and regulatory requirements within the financial or insurance sector, including those governing regulated financial services entities.
- Action and results orientated, an organiser with strong planning ability, high resilience and attention to detail who works in an agile and collaborative way.
- Experience in fostering a high-performance culture through effective teamwork and collaboration.
- Understanding of operational performance metrics, KRIs, management information (MI), and reporting.
- Persistence and the ability to overcome obstacles and/or plan for contingencies.
- Experience with and desire to work in an international setting with contacts in diverse locations and cultures.
- Capacity to handle diverse tasks and responsibilities, adapting to changing priorities and business needs.
- Experienced user of key MS Office products: Word, Excel, PowerPoint, Outlook.
- Fluent spoken and written English.
Senior Risk Manager employer: SiriusPoint Ltd.
Contact Detail:
SiriusPoint Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager
✨Tip Number 1
Familiarise yourself with SiriusPoint's risk management framework and their operational areas. Understanding their approach to risk and control management will help you demonstrate your alignment with their values during interviews.
✨Tip Number 2
Network with current or former employees of SiriusPoint on platforms like LinkedIn. Engaging in conversations about their experiences can provide valuable insights into the company culture and expectations for the Senior Risk Manager role.
✨Tip Number 3
Prepare to discuss specific examples from your past experience that showcase your problem-solving skills and ability to implement risk management strategies. Tailoring your stories to reflect the challenges faced in the insurance sector will resonate well with the interviewers.
✨Tip Number 4
Stay updated on the latest trends and regulations in the insurance and financial services sectors. Being knowledgeable about current issues will not only impress your interviewers but also show your commitment to continuous professional development.
We think you need these skills to ace Senior Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly within the insurance or financial services sectors. Use specific examples that demonstrate your leadership and problem-solving skills.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with SiriusPoint's values and mission, and provide examples of how you've successfully implemented risk management frameworks in previous roles.
Highlight Key Skills: Emphasise your strong communication and interpersonal skills, as well as your ability to collaborate with various stakeholders. Mention any experience you have with regulatory requirements and risk assessments, as these are crucial for the role.
Proofread and Edit: Before submitting your application, carefully proofread your documents for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are essential qualities for a Senior Risk Manager.
How to prepare for a job interview at SiriusPoint Ltd.
✨Understand the Risk Management Framework
Make sure you have a solid grasp of risk management frameworks, especially those relevant to the insurance sector. Be prepared to discuss how you would implement and adapt these frameworks in a practical setting.
✨Showcase Your Leadership Skills
As a Senior Risk Manager, you'll need to demonstrate your ability to lead and influence others. Prepare examples from your past experiences where you've successfully guided teams or projects, particularly in risk management.
✨Familiarise Yourself with Regulatory Requirements
Given the importance of compliance in the financial services industry, brush up on the latest legal and regulatory requirements. Be ready to discuss how you've navigated these in previous roles and how you would approach them at SiriusPoint.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving and analytical skills. Think about potential risk issues that could arise in an insurance context and how you would address them effectively.