Group Enterprise Risk Manager in London
Group Enterprise Risk Manager

Group Enterprise Risk Manager in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
V

At a Glance

  • Tasks: Lead risk management initiatives and ensure compliance in a dynamic (re)insurance environment.
  • Company: Join Canopius, a leading global specialty lines (re)insurer with a positive culture.
  • Benefits: Enjoy hybrid working, competitive salary, health insurance, and a focus on wellbeing.
  • Other info: Work in a flexible environment that values diversity and encourages personal growth.
  • Why this job: Make a real impact by shaping risk governance and driving innovation in risk management.
  • Qualifications: Experience in risk management within the insurance sector and strong analytical skills required.

The predicted salary is between 36000 - 60000 £ 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, risk roles & responsibilities, governance and feedback loops.
  • Horizon scanning and oversee high-quality emerging risk reporting and maintain an effective emerging risk framework across Canopius.
  • Provide risk training for audience of various levels within the organisation.
  • Support senior leadership in the articulation of risk appetite statements and tolerances appropriate for the organisation's strategic objectives and work with the business to develop Key Risk Indicators (KRIs) for monitoring risk appetite.
Skills and Experience:
  • Previous working experience in a second line risk management department within the Lloyd's / London Insurance Market.
  • Proven experience in the practical implementation of a risk framework (including supporting processes) in a global business, identifying gaps or areas of improvement, and leading/delivering risk management remediation actions.
  • Ability to understand and analyse complex and interrelated business and risk processes and information, and have a big picture view of the risks and implications on what matters most to the organisation.
  • Clearly and coherently convey complex findings or themes for a comprehensive view of risk management across the organisation to senior leadership, the Board, and external stakeholders.
  • Experience with Risk Management Information System implementation projects and efficiencies in risk management processes and analysis enhancements using risk systems and tools available.
  • Strong planning, analytical (including attention to detail), written communication, and presentation skills, with proficiency in MS Office, including MS Excel (Macros, V-Lookups, and Pivot tables).
  • Experience with stakeholder engagement at various levels of the organisation to encourage collaboration, share knowledge, and facilitate the adoption of risk management best practices.

About Us Our benefits: We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius: Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.

Group Enterprise Risk Manager in London employer: vavemga

Canopius is an exceptional employer, offering a comprehensive benefits package that prioritises employee wellbeing, including hybrid working options and a competitive salary. With a positive and inclusive work culture based in the vibrant City of London, employees are encouraged to bring their whole selves to work, fostering personal and professional growth while contributing to a leading global specialty lines (re)insurer.
V

Contact Detail:

vavemga Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Group Enterprise Risk Manager in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance sector and let them know you're on the hunt for a Group Enterprise Risk Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by brushing up on your risk management knowledge. Be ready to discuss how you've implemented risk frameworks in the past and how you can bring innovation to the table. Show them you’re not just a candidate, but the candidate they need!

✨Tip Number 3

Don’t forget to research Canopius! Understand their risk culture and recent developments in the (re)insurance market. This will help you tailor your responses during interviews and demonstrate your genuine interest in the company.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re proactive and serious about joining our team at Canopius.

We think you need these skills to ace Group Enterprise Risk Manager in London

Risk Management
Regulatory Compliance
Analytical Skills
Communication Skills
Risk Framework Implementation
Stakeholder Engagement
Risk Appetite Articulation
Root Cause Analysis
Risk Reporting
Emerging Risk Assessment
Risk Training
MS Office Proficiency
Project Management
Collaboration Skills

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in risk management, especially within the insurance sector. We want to see how your skills align with the responsibilities outlined in the job description.

Showcase Your Analytical Skills: Since this role requires strong analytical abilities, include examples of how you've successfully analysed complex risk scenarios in your previous roles. We love seeing real-life applications of your skills!

Communicate Clearly: When writing your application, aim for clarity and coherence. Remember, you’ll need to convey complex information to senior stakeholders, so demonstrate your communication skills right from the start.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at Canopius!

How to prepare for a job interview at vavemga

✨Know Your Risk Framework

Make sure you understand the risk framework that the company uses. Familiarise yourself with their approach to risk management, especially in the insurance sector. This will help you discuss how your experience aligns with their needs and demonstrate your ability to enhance their existing processes.

✨Prepare for Scenario Questions

Expect questions that ask you to analyse specific risk scenarios or past experiences. Prepare examples where you've identified risks, implemented controls, or improved processes. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.

✨Showcase Your Analytical Skills

Since strong analytical skills are crucial for this role, be ready to discuss how you've used data to inform risk decisions. Bring examples of reports you've created or tools you've used, like MS Excel, to analyse trends and support management decisions. This will highlight your technical proficiency and attention to detail.

✨Engage with Stakeholders

Demonstrate your ability to engage with various stakeholders by discussing how you've collaborated with different teams in the past. Highlight your communication skills and how you've conveyed complex risk information to senior leadership. This shows that you can advocate for a strong risk culture across the organisation.

Group Enterprise Risk Manager in London
vavemga
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>