At a Glance
- Tasks: Lead and build the risk function for a new UK insurance carrier from the ground up.
- Company: Join a fast-growing international specialty insurance group with a family-controlled ethos.
- Benefits: Competitive salary, significant capital backing, and opportunities for international growth.
- Other info: Be part of an innovative team with a clear strategy for expansion.
- Why this job: Shape the future of risk management in a dynamic and entrepreneurial environment.
- Qualifications: Experience in risk management and regulatory frameworks, with strong leadership skills.
The predicted salary is between 60750 - 74250 £ per year.
New UK General Insurance Carrier | London Build and lead the risk function of a new UK carrier from launch.
Own the ORSA and risk appetite, hold SMF4 accountability and provide independent challenge as the business enters the market and scales.
The opportunity Valmont Talent has been retained to appoint the Chief Risk Officer of a new UK general insurance carrier being established within a substantial, fast-growing international specialty insurance and reinsurance group.
This is a general insurance appointment.
The carrier will initially focus on UK Commercial Property and selected Agricultural products, with the intention of broadening into further property and casualty classes as the business develops.
The wider group The new carrier will sit within an independent, family-controlled specialty insurance group that combines entrepreneurial pace with meaningful financial scale, established distribution and experienced underwriting, actuarial, regulatory and executive leadership. * An established international broking and distribution network * A growing portfolio of owned insurance and reinsurance carriers * An established specialty MGA and underwriting platform * Significant capital commitment and a clear strategy for international growth The mandate The incoming Chief Risk Officer will build the carrier's risk function from the ground up, support it through regulatory authorisation and hold the SMF4 accountability as the business enters the market and scales.
This is not a role inheriting a finished framework.
It is an opportunity to determine how the risk function should operate, establish its authority across the organisation and embed effective risk management from launch.
Key responsibilities 1.
Build the risk management framework, policies, governance and reporting infrastructure 2.
Own the ORSA, the carrier's overall risk profile and the risk appetite framework 3.
Hold SMF4 accountability and the associated Statement of Responsibilities 4.
Lead the second-line relationship with the PRA and FCA 5.
Provide independent challenge across underwriting, pricing, capital and reinsurance 6.
Oversee the SCR, solvency position, stress and scenario testing and emerging risks 7.
Embed the three lines of ...
Chief Risk Officer in London employer: Valmont Talent
As a Chief Risk Officer at our new UK general insurance carrier, you will be part of a dynamic and entrepreneurial environment within a family-controlled specialty insurance group. We offer a collaborative work culture that values innovation and independent thinking, alongside significant opportunities for professional growth as you build the risk function from the ground up. Located in London, you will benefit from our established international network and a clear strategy for expansion, making this an exciting time to join us in shaping the future of our business.
StudySmarter Expert Advice🤫
We think this is how you could land Chief Risk Officer in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Valmont Talent looking for candidates who are engaged and informed.
We think you need these skills to ace Chief Risk Officer in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Valmont Talent. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Valmont Talent
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Valmont Talent’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
