At a Glance
- Tasks: Lead risk management framework development and ensure effective risk identification and mitigation.
- Company: Rapidly expanding global Insurance Group with a focus on growth and development.
- Benefits: Excellent development opportunities and a chance to shape the future of risk management.
- Why this job: Join a dynamic team and make a real impact in a growing industry.
- Qualifications: Degree in Risk Management or related field, with 5+ years in risk management.
- Other info: Promote risk awareness and drive continuous improvement in a supportive environment.
The predicted salary is between 72000 - 108000 ÂŁ per year.
This range is provided by Woodland Partners . Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Overview
Woodland Partners are delighted to be working with this rapidly expanding global Insurance Group in the search for their new Senior Risk Manager. Reporting into the Chief Actuary this role will lead the development and execution of the risk management framework, ensuring effective risk identification, mitigation, reporting, and regulatory compliance for the organisation.
Responsibilities
- Risk framework and Governance
- Develop, maintain and enhance the syndicate’s Risk Management Framework (RMF)
- Collaborate with external advisers on the operation of the Risk Committee.
- 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 Syndicate Risk Register; challenging ratings and escalating to CRO where appropriate.
- Risk appetite and Monitoring
- Perform annual update and cascade of Syndicate 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.
- Work with external advisers to the Own Risk and Solvency Assessment (ORSA), including scenario design, aggregation, and narrative drafting.
- 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.
- Drive continuous improvement of risk tools and reporting.
Qualifications and Experience
- Degree in Risk Management, Actuarial Science, Finance, or Business
- Minimum 5 years in risk management
- Experience of the Lloyd’s market.
This is an exceptional opportunity to join an organisation at a period of growth and development. Excellent development and promotional opportunities exist.
Insurance experience is absolutely imperative
Seniority level
- Mid-Senior level
Employment type
- Full-time
Job function
- Other
Industries
- Insurance
Referrals increase your chances of interviewing at Woodland Partners by 2x
Sign in to set job alerts for “Risk Manager” roles.
London, England, United Kingdom 1 month ago
London, England, United Kingdom 21 hours ago
London, England, United Kingdom 3 months ago
London, England, United Kingdom 1 month ago
London, England, United Kingdom 6 days ago
London, England, United Kingdom 1 week ago
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 1 week ago
Director and related roles
Director of Credit | Securitized Transportation
Head of Credit and Country Risk (2nd Line of Defence)
London, England, United Kingdom 2 months ago
London Area, United Kingdom ÂŁ40,000.00-ÂŁ50,000.00 20 hours ago
London, England, United Kingdom 1 week ago
Credit Risk Manager- Change and Transformation
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Senior Risk Manager - Global Insurance Group employer: Woodland Partners
Contact Detail:
Woodland Partners Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Manager - Global Insurance Group
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and engage on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that Senior Risk Manager role.
✨Tip Number 2
Prepare for interviews by researching the company and its risk management practices. We want to see you shine, so think about how your experience aligns with their needs and be ready to discuss specific examples from your past.
✨Tip Number 3
Showcase your expertise in risk frameworks and regulatory compliance during interviews. We’re looking for candidates who can demonstrate their knowledge and passion for the field, so don’t hold back!
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Senior Risk Manager - Global Insurance Group
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Risk Manager role. Highlight your experience in risk management, especially within the Lloyd’s market, and showcase any relevant qualifications. We want to see how your background aligns with the key responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that demonstrate your ability to develop and enhance risk management frameworks, and don’t forget to express your enthusiasm for joining a rapidly expanding global Insurance Group like ours.
Showcase Your Achievements: When detailing your past roles, focus on your achievements rather than just duties. Use metrics where possible to illustrate your impact, such as improvements in risk reporting or successful stress testing outcomes. We love seeing how you’ve made a difference in previous positions!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you’re considered for this exciting opportunity. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Woodland Partners
✨Know Your Risk Management Framework
Make sure you’re well-versed in the risk management frameworks relevant to the role. Brush up on how to develop, maintain, and enhance these frameworks, as well as any recent changes in regulations that might affect them.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with risk identification and mitigation. Bring examples of how you've conducted root cause analysis and what lessons you've learned from past experiences. This will demonstrate your ability to handle emerging risks effectively.
✨Understand Regulatory Compliance
Familiarise yourself with the regulatory landscape, especially regarding Lloyd’s and FCA/PRA requests. Be ready to talk about how you’ve engaged with regulators in the past and how you ensure compliance within your teams.
✨Promote a Risk-Aware Culture
Think about ways you can foster a risk-aware culture within an organisation. Prepare to share your ideas on leading training sessions or thematic reviews, and how you’ve previously driven continuous improvement in risk tools and reporting.