At a Glance
- Tasks: Lead risk analysis and support strategic decision-making for effective risk management.
- Company: Join a forward-thinking insurance company dedicated to making a difference.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Dynamic role with a focus on innovation and collaboration.
- Why this job: Shape the future of risk management while collaborating with senior leaders.
- Qualifications: Experience in risk management and strong analytical skills required.
The predicted salary is between 70000 - 90000 £ per year.
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
Overview
The Hartford’s International Risk team partners closely with the business to deliver risk management through analysis and insights. Our team’s mission is to deliver objective, risk-based solutions with clear recommendations, embracing change to steer the organization in achieving its goals.
This position reports to the Chief Risk Officer and operates within a “Dual Mandate” structure to support effective risk management across the business: both as a second line of defence, and a business partner to proactively mitigate risk as we grow.
Responsibilities
- Lead and provide independent, forward-looking risk analysis including Risk Opinions to key business strategy deliverables.
- Lead in production and maintenance of the ORSA including producing annual report to Board, regular risk tolerance and appetite monitoring.
- Oversee governance of the internal model, ensuring that the internal model validation process is designed, planned and executed in line with Lloyd’s standards, and that model changes are managed and validated appropriately.
- Actively engage and participate in various committees and groups, for example the Risk Committee, when required, to the Board, in relation to the Company’s risk management framework and risk issues.
- Oversee the operation and continuous development of the Risk framework, ensuring consistency, proportionality and alignment with business strategy.
- Lead delivery of risk analysis to Executive and Board Risk Committees, translating complex analysis into clear insight.
- Lead and support risk deep dives, thematic reviews and assessments of control effectiveness.
- Support Lloyd’s and PRA regulatory interactions and submissions.
Leadership
- Inspire: Communicate a clear vision, coach others, and foster collaboration.
- Aspire: Drive innovation, embrace learning, and empower teams to deliver change.
- Impact: Achieve results, promote accountability, and lead cross-functional efforts.
- Authenticity: Act with integrity, communicate openly, and build trust across the business.
General
- Be able to build and maintain effective working relationships with colleagues at all levels within the organisation; confidently work with board committees and senior internal and external stakeholders.
- Possess highly effective analytical and decision-making skills; with the ability to work with and analyse complex data with the purpose of providing meaningful insight.
- Demonstrate strong, well-structured written and verbal communication and excellent attention to detail; excellent report writing ability.
- Be able to delegate and prioritise work effectively and work to tight deadlines.
- Demonstrate flexibility in responding to evolving business needs and ad hoc requests from stakeholders.
- While the primary focus is on core responsibilities, the role may also involve contributing to a range of other business activities as needed.
- Collaborative, collegiate working style.
Experience & Skills
- Significant experience in risk management within general insurance (Lloyd’s and London Market desirable).
- Experience across multiple risk disciplines (e.g. insurance, investment/ credit, operational/ technology, strategic, and execution risks).
- Ability to apply independent judgement, challenge constructively and balance risk, reward and commercial considerations. Pragmatic in approach.
- Strong understanding of enterprise risk management frameworks, ORSA, risk appetite, scenario analysis and governance.
- Proven experience of operating at senior level supporting Executive, Board or regulator-facing decision-making.
- Strong analytical and problem-solving capability; actuarial skills desired.
- Hold a relevant professional qualification (desirable but not essential).
- Advanced Excel skills; experience with other data analytical tools will be advantageous.
Senior Risk Manager employer: The Hartford
At The Hartford, we pride ourselves on being more than just an insurance company; we are a community dedicated to making a meaningful impact. As a Senior Risk Manager in London, you will thrive in a collaborative and innovative work culture that prioritises professional growth and development. With opportunities to influence key business strategies and engage with senior leadership, you will play a vital role in shaping the future of risk management while enjoying a supportive environment that values integrity and accountability.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Risk Manager role.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management strategies. We suggest practising common interview questions and having your own questions ready to show your interest. Remember, it’s a two-way street!
✨Tip Number 3
Showcase your analytical skills during interviews. Be ready to discuss how you've tackled complex data and provided meaningful insights in past roles. We want to see how you can bring that expertise to our team!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about joining our mission to deliver objective, risk-based solutions.
We think you need these skills to ace Senior Risk Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Risk Manager role. Highlight your relevant experience in risk management and any analytical skills that align with the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background makes you a perfect fit for us. Don’t forget to mention specific examples of your achievements.
Showcase Your Communication Skills:Since this role involves communicating complex ideas, make sure your application reflects your strong written communication skills. Keep it clear, concise, and professional – we love a well-structured application!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at The Hartford
✨Know Your Risk Management Frameworks
Make sure you brush up on your knowledge of enterprise risk management frameworks, ORSA, and risk appetite. Being able to discuss these concepts confidently will show that you understand the core responsibilities of the Senior Risk Manager role.
✨Prepare for Analytical Questions
Expect to face questions that test your analytical skills. Be ready to discuss how you've handled complex data in the past and provide examples of how your insights have influenced business decisions. Use specific scenarios to illustrate your problem-solving capabilities.
✨Communicate Clearly and Effectively
Since this role requires communicating with both technical and non-technical audiences, practice explaining complex ideas in simple terms. This will demonstrate your ability to translate risk analysis into actionable insights for various stakeholders.
✨Showcase Your Leadership Skills
Be prepared to discuss your leadership style and how you've inspired teams in previous roles. Highlight instances where you've fostered collaboration or driven innovation, as these qualities are essential for a Senior Risk Manager.
