At a Glance
- Tasks: Lead risk management initiatives and enhance the company's risk framework.
- Company: Join a growing general insurance group with ambitious goals.
- Benefits: Competitive salary, leadership opportunities, and a chance to shape company strategy.
- Other info: Travel to Brentwood and Manchester may be required.
- Why this job: Make a real impact on risk management and safeguard the company's future.
- Qualifications: Extensive experience in enterprise risk management and proven leadership skills.
The predicted salary is between 69750 - 85250 £ per year.
Risk Director
We are seeking a Risk Director to join our ambitious, growing general insurance group.
This is an exciting opportunity for an experience risk professional to lead the design, implementation and continuous improvement of the Company's Enterprise Risk Management Framework.
The Risk Director will be responsible for ensuring material risks are effectively identified, assessed, managed, monitored, and reported across the business, enabling informed decision-making while safeguarding the Company's financial resilience, customers, and reputation.
This is a Certified Role.
Key Responsibilities
- Lead second-line risk activities, including the Enterprise Risk Management Framework, assurance programmes and operational risk oversight.
- Ensure risk frameworks remain effective, proportionate and aligned to business strategy.
- Embed a consistent risk management approach and promote a strong risk culture across the organisation.
- Oversee risk technology enhancements and support first-line ownership of risk.
- Maintain the Risk Appetite Framework and support the Board in setting risk appetite and tolerances.
- Deliver insightful risk reporting and analysis to senior leadership, Executive Committee and Board committees.
- Identify, assess and report emerging risks, including regulatory, economic, geopolitical, cyber and climate-related developments.
- Advise senior management on risk exposure, business impacts and risk exceptions.
- Ensure effective enterprise risk governance, policy management and regulatory compliance.
- Lead the production of CRO reporting, Board papers and key regulatory documentation, including ORSA and SFCR.
- Represent the risk function at relevant governance forums and committees.
About You
- Extensive enterprise risk management experience within the general insurance sector, including regulatory reporting, SM&CR and a broad range of insurance risk categories.
- Proven leadership experience, including managing and developing high-performing teams.
- Experience presenting risk matters to Executive Committees, Board Risk Committees and senior stakeholders.
- Demonstrable success in implementing and enhancing Enterprise Risk Management Frameworks and governance processes.
- Excellent stakeholder management, relationship-building, written and verbal communication skills.
Risk Director employer: Vermelo
Tradex Insurance is an exceptional employer that fosters a collaborative and innovative work culture, where employees are empowered to make impactful decisions. With a strong focus on professional development, employees have access to continuous learning opportunities and the chance to work closely with senior leaders in a dynamic environment. The role of 2nd Line Risk Partner offers the unique advantage of influencing key risk frameworks while travelling to vibrant locations like Manchester and Brentwood, ensuring a diverse and engaging work experience.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Director
✨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 Vermelo looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Director
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 Vermelo. 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 Vermelo
✨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 Vermelo’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
