An established and highly regarded Lloyd’s market insurer is seeking a dynamic and experienced Head of Risk to support the Chief Risk Officer in embedding and enhancing a robust, forward-looking risk management framework. This is a senior leadership role with high visibility, offering the opportunity to make a significant impact on the strategic direction and resilience of the organisation.
As Head of Risk, you will play a critical role in the continued development of the risk management framework, ensuring alignment with regulatory requirements and Lloyd’s standards. The successful candidate will bring commercial insight, strong leadership, and a proactive approach to risk oversight, helping the organisation achieve its long-term strategic goals.
Key Responsibilities
* Risk Framework Management: Oversee risk registers, RCSA processes, emerging risks, scenario analysis, and risk appetite development. Ensure all risk reporting is clear, actionable, and business-relevant.
* Own Risk and Solvency Assessment (ORSA): Lead the end-to-end ORSA process, ensuring timely and accurate delivery to senior stakeholders.
* Internal Model Validation: Oversee governance and annual validation of the internal model, ensuring compliance with Lloyd’s standards and internal expectations.
* Governance: Actively participate in senior management and board-level risk discussions, presenting key reports including the ORSA and Validation Reports.
* Climate Risk & Sustainability: Lead the development of the climate risk framework and contribute to sustainability strategy; ensure market alignment.
* Strategic Risk Input: Provide risk oversight and challenge to major business initiatives and projects.
* Training & Culture: Promote risk awareness and provide training across the organisation.
* Regulatory Engagement: Serve as the main contact for Lloyd’s and PRA, ensuring high-quality submissions and effective communication.
* Leadership: Develop, mentor, and manage a high-performing risk team, ensuring appropriate resource levels and fostering a culture of engagement and performance.
Ideal Candidate Profile
* Significant risk management experience in the insurance or financial services sector, preferably within the Lloyd’s market.
* Strong knowledge of regulatory requirements, risk frameworks, and capital modelling practices.
* Proven experience in managing ORSA processes, internal model validation, and risk governance.
* Excellent communication and stakeholder engagement skills, with experience presenting at Board or committee level.
* Demonstrated leadership ability with a collaborative and proactive approach to team development.
* Familiarity with climate risk, sustainability strategies, and emerging risk management.
This is an exciting opportunity for an individual with deep risk expertise and strategic insight to shape the future of risk management within a respected and forward-thinking insurance business.
#J-18808-Ljbffr