Risk Manager - Specialty Insurer - City

About us

Market leading specialty insurer and reinsurer are currently seeking a Risk Manager to assume a newly created role within an organisation experiencing growth and success.

The role

Working within an actively engaged risk function department going through an expansion period of the business, both in the UK and internationally. The team supports a wide range of corporate and business activities, lending variety and challenge to the role.

Key accountabilities

• Drive change within the Risk Management Framework including bringing ideas for ways to report to senior management
• Lead work on Enterprise Risk Management, Risk Strategy, Risk Culture, Operational Risk, Emerging Risks and the Risk controls framework
• Ability to run and/or work within cross-functional working parties
• Represent the function at cross-functional committee meetings and Risk Committees when required
• Lead a larger sub-team and deputise for team Head when required
• Input into Own Risk & Solvency Assessment (ORSA) reporting processes
• Link risk management initiatives to Business Unit/Local Plans and Initiatives
• Ability to coach an analyst/senior analyst
• Work independently on significant project and/or own the running of key processes within the team
• Risk assessment (Both Threats and Opportunities) of key business risk exposures
• Analysis of risk events and near misses / link to risks on the risk register and conduct deep dives
• Support training to the wider business on risk management
• Supporting engagement with regulators

Skills & experience

The successful candidate will:

• Have deep subject matter expertise in Solvency II and internal models
• Have a good understanding of insurance business models/underwriting products
• Be able to influence senior management across the business
• Have previous experience of strategy execution - the ability to drive through an agreed programme of work and overcome resistance and challenges
• Be proficient within report writing and the ability to communicate technical information in a way that is easy to understand, digest and apply
• Have experience of investigating data & conducting business analysis
• Have the ability to bring together general business knowledge and technical risk knowledge
• Have experience with training/risk workshops
• Be adept at contributing to complex projects