Company: M&R TALENT LTD
Job Type: Permanent, FullTime
Salary: £55,000 - £80,000 per annum
Group Risk Manager - Insurance and Financial Services - Hybrid
I am working with a long-standing Insurance and Financial Services company to identify a Group Risk Manager.
This role will be part of a team of four risk managers, reporting into a newly appointed Chief Risk Officer.
The purpose of the team is to collectively contribute to the effectiveness of the second line of defence across the group.
Working with colleagues in Actuarial Risk, the role will get involved in providing insight, advice, assurance and challenge across Risk Management, Internal Controls and PRA Compliance
Role and Responsibilities
Responsible for technical development and maintenance of specific elements of the Group’s Risk Management Framework (e.g. Risk Appetite approach)
- Responsible for acting as abusiness partnerto specific Group Functions, Business Units & Major Changes across the Group (e.g. Group CFO Area)
- Responsible for producing reporting and opinion papers for a Board and Senior Management audience as required (e.g. CRO Risk Report to Board)
- Lead delivery of risk processes (both regular and ad hoc) to contribute to the delivery of the Risk Function mandate and/or ensure legal and regulatory compliance (e.g. ORSA Process, Annual Controls Assessment, Risk Refreshes)
- Undertake researchto understand emerging risk topics and themes to ensure appropriateness of the risk management practices of the Group (e.g. Impacts of Climate Change)
What you'll need to have
- Experience in Insurance or Financial Services Groups, especially in Risk & Controls, Operational Risk or Enterprise Risk roles
- Solid risk management knowledge including expectations of regulators and a range of industry practices
- Experience of writing effective Papers and Reports for use with Boards, Regulators and external audiences
- Well-practiced and structured approach to stakeholder management and building effective relationships
- Demonstrable ability to lead projects and other programmes of work to a successful conclusion with proportionate governance and rigour
What makes you stand out
- Relevant Risk Management qualifications (e.g. Cert or Dip IRM)
- Working knowledge of PRA Rulebook and FCA SYSC expectations of insurers
- Good level of intellectual capability with demonstrable curiosity and a desire to get to the core of an issue
- Flexible mindset to find new ways to achieve good outcomes
About my client
We believe it’s essential to attract, empower, grow and reward talented people, offering fantastic opportunities for career and personal development.