As Risk Manager within the London P&C Risk Management team, directly reporting to the UK P&C Chief Risk Officer and closely collaborating with senior team members, you will proactively support the implementation and continuous improvement of the risk management framework for the Company in all risk activities in accordance with the defined Enterprise Risk Management (ERM) framework whilst meeting all regulatory and commercial expectations
* Location: London
* Category: Risk
* Type: Permanent
Key Duties (Including but not limited to):
* In conjunction with the Company’s central Operational Risk team, assist the team in analyzing, assessing and monitoring the risk control environment and processes, to meet internal (control systems, …) and external (regulatory…) requirements for the entities supported by the London P&C Risk Management team as well as other Company entities. Develop associated documentation, building dashboards and management information using data analytics.
* Assist the team’s management in partnering the business in effective design of key controls to mitigate critical risks, as well as challenge the evidencing and operational effectiveness as well as risk owners’ self-assessments, to ensure operational effectiveness of the control environment and promote risk culture in cross-functional areas.
* Assist relevant business areas/risk owners in the development of key risk indicators to identify and evaluate operational risks and monitor exposures against appetite.
* Bachelor’s degree or higher in Risk Management, Business Administration. Economics, or related field, or equivalent qualifications.
* 3 to 5 years of hands-on working experience in insurance or related field (ideally within Property & Casualty commercial lines (re)insurance, particularly the London Market/Lloyd’s). Knowledge of risk management regulatory principles (including, internal control systems, standards and practices of operational risk management).
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