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Head of risk & compliance

Manchester
Permanent
Portfolio
Head of risk
£75,000 - £85,000 a year
Posted: 9 February
Offer description

I am supporting the search for a growing specialist insurer who are looking to appoint a Head of Risk & Compliance based in Manchester city centre. With ambitious plans to grow both GWP and product capability, this will be an integral hire for the organisation.

Functioning as a true second‑line partner, you combine regulatory rigour with commercial insight to guide senior stakeholders with confidence and credibility.

The Role

As Head of Risk & Compliance, you will lead the enterprise risk management and compliance frameworks, ensuring the business operates within risk appetite and meets all PRA and FCA requirements.

You will have responsibility across risk, compliance, governance and regulatory engagement, with a remit spanning underwriting, finance, claims, operations, IT, outsourcing and reinsurance.

Risk Management

Own and maintain the enterprise risk management framework and risk appetite, including KRIs and tolerances
Lead risk identification, assessment and reporting across the business
Produce clear, high-quality risk reporting for the Executive, Board and Committees, including emerging risks
Oversee the ORSA process, coordinating inputs and ensuring robust challenge and regulatory-compliant outputs

Compliance & Regulatory Affairs

Design and oversee a proportionate compliance monitoring programme
Act as the primary point of contact for the PRA and FCA, including submissions, notifications and supervisory engagement
Advise on regulatory change and support implementation across the business
Oversee policies, procedures, breaches, incidents and remediation activity

Governance & Assurance

Deliver concise, decision-focused reporting to the Board and Committees
Support reviews of governance effectiveness and the control environment

Leadership & Culture

Lead and develop the Risk & Compliance function, ensuring appropriate capability and resourcing
Promote a strong risk culture and accountability across the business
Act as an independent, credible and pragmatic advisor to senior leaders

What You'll Bring

Significant senior experience in risk and/or compliance within UK general insurance
Strong working knowledge of PRA and FCA regulation, Solvency and governance requirements
Proven experience engaging with Boards, Committees and regulators
Ability to balance commercial objectives with regulatory expectations

Qualifications

Professional risk or insurance qualifications (e.g. IRM, CII) are advantageous
Degree in a relevant discipline preferred

51080LS

INDMANS

Portfolio Payroll Ltd is acting as an Employment Agency in relation to this vacancy

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