At a Glance
- Tasks: Lead risk management initiatives and enhance the risk framework in a dynamic (re)insurance firm.
- Company: Growing (re)insurance firm focused on innovation and compliance.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with a focus on innovation and efficiency.
- Why this job: Make a real impact by shaping risk governance and driving strategic oversight.
- Qualifications: Extensive risk management experience in insurance and strong analytical skills.
The predicted salary is between 43200 - 72000 £ per year.
This Group Enterprise Risk Manager will support and enhance the Group Enterprise Risk Management (ERM) function within a growing (re)insurance firm. Reporting directly to the Head of ERM, the successful candidate will play a crucial role in ensuring effective risk governance, regulatory compliance, and strategic risk oversight. The role also involves maintaining a robust and regulatory compliant risk framework, embedding a strong risk culture throughout the business, and supporting the articulation of risk appetite statements and tolerances and horizon scanning and assessment of emerging / evolving risks to the organisation.
The ideal candidate will have extensive experience in risk management within the insurance sector, strong analytical and communication skills, and the ability to convey complex matters to senior stakeholders. Additionally, we seek someone who will advocate for and drive innovation and efficiencies in risk management processes and enhancements in risk analysis using risk systems and tools available.
Key Responsibilities:- Provide leadership and guidance to business and risk colleagues to implement the evolving risk and control framework.
- Support leadership in identifying key risks to the organisation’s strategic objectives.
- Work with the business to identify, assess, and report on risks, and develop risk mitigation activities, processes, and controls to support a strong risk management culture.
- Design, implement, and maintain a comprehensive risk register for the relevant group/business unit.
- Facilitate Risk and Control Self-Assessments (RCSAs) and conduct in-depth risk deep dives, through stakeholder workshops and desktop reviews, as needed.
- Support the business in the reporting, investigation, and root cause analysis of risk events materialising.
- Analyse risk management information on trends and themes to support management decisions and actions.
- Lead the development and delivery of high-quality risk reports, this could include Own Risk and Solvency Assessment (ORSA) and CRO reports for senior leadership and Board level.
- Maintain and develop a robust, coherent, and regulatory compliant risk framework suitable for a Group/business unit matrix organisation, including clear risk taxonomy and risk roles.
Group Enterprise Risk Manager employer: vavemga
Contact Detail:
vavemga Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Group Enterprise Risk Manager
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We can’t stress enough how important it is to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. We recommend practising common interview questions and having your own questions ready to show your interest and knowledge.
✨Tip Number 3
Showcase your skills! Bring examples of your past work in risk management to interviews. We love seeing how you’ve tackled challenges and driven innovation in your previous roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. We’re always on the lookout for talented individuals who can enhance our risk management function.
We think you need these skills to ace Group Enterprise Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Group Enterprise Risk Manager role. Highlight your experience in risk management within the insurance sector and showcase your analytical skills. We want to see how your background aligns with our needs!
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 you can contribute to our team. Don’t forget to mention any innovative ideas you have for enhancing risk processes.
Showcase Your Communication Skills: Since this role involves conveying complex matters to senior stakeholders, make sure to demonstrate your communication skills in your application. Use clear and concise language, and provide examples of how you've successfully communicated risk-related information in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother application 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 vavemga
✨Know Your Risk Management Stuff
Make sure you brush up on your risk management knowledge, especially within the insurance sector. Be ready to discuss specific frameworks and tools you've used in the past, as well as how you've contributed to a strong risk culture in previous roles.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing past experiences where you've identified and mitigated risks. Use concrete examples that highlight your ability to analyse trends and themes in risk management information, as this will resonate with the interviewers.
✨Communicate Clearly and Confidently
Since you'll be conveying complex matters to senior stakeholders, practice explaining intricate concepts in simple terms. This will not only show your understanding but also your ability to communicate effectively, which is crucial for this role.
✨Be Ready to Discuss Innovation
Think about ways you've driven innovation and efficiencies in risk management processes. Be prepared to share ideas on how you can enhance risk analysis using available systems and tools, as this will demonstrate your forward-thinking approach.