At a Glance
- Tasks: Lead the development of a risk management framework and ensure regulatory compliance.
- Company: Rapidly expanding global insurer with a focus on innovation.
- Benefits: Competitive salary, career growth, and a dynamic work environment.
- Other info: Opportunity to influence risk culture and engage with senior stakeholders.
- Why this job: Be a key player in shaping risk management for a leading insurer.
- Qualifications: Degree in relevant field and 5+ years in risk management, Lloyd's experience required.
The predicted salary is between 72000 - 88000 £ per year.
Woodland Partners are working exclusively with this rapidly expanding global Insurer who are in the process of setting up their UK Risk function.
As part of this we are recruiting their first Senior Risk Manager reporting into the Chief Actuary based in London to lead the development and execution of the risk management framework, ensuring effective risk identification, mitigation, reporting, and regulatory compliance for the organisation.
- Risk framework and Governance
- Develop, maintain and enhance the Risk Management Framework (RMF) in line with Lloyd’s Principles for Doing Business.
- Coordinate the risk event and issue management process, including root cause analysis and lessons learned.
- Identify and mitigate emerging risks
- Develop, maintain and evolve the Risk Register; challenging ratings and escalating to CRO where appropriate.
- Risk appetite and Monitoring
- Perform annual update and cascade of Risk Appetites, including translation into metrics and thresholds.
- Monitor risk exposures against thresholds and deliver clear MI and dashboards to senior stakeholders and board.
- ORSA and Stress Testing
- Contribute to stress tests and validation processes for Capital Models.
- Develop and monitor stress and reverse stress testing frameworks.
- Link outputs to strategic planning, reinsurance structure, and capital requirements.
- Assist in preparing validation reports for regulatory compliance.
- Regulatory engagement and Assurance
- Support responses to Lloyd’s and FCA/PRA requests, thematic reviews, and CPG maturity assessments.
- Work with internal audit and second line to test control effectiveness and risk culture.
- Ensure risk policies are reviewed, documented, and aligned with industry good practice.
- Partner with business functions to promote risk awareness and ownership.
- Lead or participate in risk training sessions, deep dives, and thematic reviews.
QUALIFICATIONS AND EXPERIENCE
- Degree in Risk Management, Actuarial Science, Finance, or Business
- Minimum 5 years in risk management
- Experience of the Lloyd’s market is essential.
- #J-18808-Ljbffr
Senior Risk Manager - Lloyd's Insurer in London employer: Woodland Partners
Join a dynamic and rapidly expanding insurer that values innovation and growth, offering a unique opportunity for the Insurance Financial Controller role. With a strong emphasis on employee development, you will benefit from a collaborative work culture, competitive equity participation, and the chance to play a pivotal role in shaping financial strategies across multiple entities. This position not only promises meaningful work but also provides a clear path to CFO, making it an excellent choice for ambitious professionals seeking rewarding careers.
