At a Glance
- Tasks: Enhance risk management frameworks and collaborate with stakeholders to identify and manage risks.
- Company: Join a respected Lloyd's market insurer with a dynamic and collaborative culture.
- Benefits: Gain broad exposure in risk management and work closely with senior leaders.
- Other info: Opportunity for professional growth and development in a supportive environment.
- Why this job: Shape the future of risk management in a growing business and make a real impact.
- Qualifications: 5+ years in Risk Management, strong analytical skills, and stakeholder management experience.
The predicted salary is between 69750 - 85250 £ per year.
- Company Details
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Responsibilities
Risk Manager
Are you an experienced Risk professional looking to join a dynamic Lloyd's market insurer?
We are seeking a Risk Manager to support and enhance the enterprise risk management framework, working closely with stakeholders across the business to ensure risks are identified, assessed, monitored and managed effectively.
This is an excellent opportunity to play a key role in a collaborative second line Risk function, contributing to business resilience, governance, regulatory compliance and strategic decision making.
What You'll Do
- Support the ongoing development and maintenance of the enterprise Risk Management Framework.
- Promote risk awareness and support risk training initiatives across the business.
- Maintain and enhance risk registers, controls frameworks and associated governance documentation.
- Coordinate and facilitate risk and control assessment exercises with business stakeholders.
- Develop, monitor and report on Key Risk Indicators (KRIs).
- Investigate risk incidents, losses and near misses, supporting root cause analysis and remediation activities.
- Prepare risk reporting for senior management, committees and key stakeholders.
- Support the production and ongoing development of ORSA documentation and reporting.
- Contribute to Internal Model validation, assurance and governance activities.
- Support stress testing, scenario testing and wider risk management initiatives, including ESG and climate risk activities.
- Partner with Underwriters and business leaders to embed a strong risk culture across the organisation.
- Help ensure the business remains compliant with regulatory and governance requirements.
Qualifications
Skills & Experience Required
- Minimum 5 years' Risk Management experience within a Lloyd's or London Market insurance environment.
- Strong understanding of Enterprise Risk Management frameworks and best practices.
- Experience supporting risk assessments, controls reviews and risk reporting processes.
- Good knowledge of ORSA, Internal Model validation and risk governance activities.
- Understanding of Lloyd's, PRA and Solvency UK regulatory requirements.
- Experience using Enterprise Risk Management systems such as Decision Focus or similar platforms.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Ability to manage multiple priorities and deliver high-quality work to tight deadlines.
- Excellent written, verbal and presentation skills.
- Strong stakeholder management capabilities with experience working across business functions.
- Advanced Microsoft Office skills, particularly Excel, Word and Power Point.
Desirable
- Degree, Master's degree or professional qualification in Risk Management, Insurance or a related discipline.
- Exposure to ESG, climate risk, stress testing and scenario analysis.
- Experience working with senior leadership teams and governance committees.
- Professional risk or insurance qualifications.
Why Apply?
This is an excellent opportunity to join a respected Lloyd's market organisation where you'll gain broad exposure across all areas of enterprise risk management, work closely with senior stakeholders, and play a key role in shaping and enhancing the risk framework within a growing business.
Risk Manager employer: W. R. Berkley Corporation
As a Delegated Underwriting Authority Manager, you will thrive in a dynamic and supportive work environment that prioritises employee growth and development. Our company fosters a culture of collaboration and innovation, offering comprehensive training programs and mentorship opportunities to help you excel in your career. Located in a vibrant area, we provide competitive benefits and a commitment to maintaining a healthy work-life balance, making us an exceptional employer for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like W. R. Berkley Corporation. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Risk Manager
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to W. R. Berkley Corporation.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on W. R. Berkley Corporation's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at W. R. Berkley Corporation
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with W. R. Berkley Corporation.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at W. R. Berkley Corporation will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former W. R. Berkley Corporation employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
