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Interim head of risk

London
Avencia Consulting Services
Head of risk
Posted: 17 November
Offer description

About us

Join a rapidly expanding, innovative specialty insurance group with a global footprint. Operating with an agile, underwriting-led model, the business has strong momentum and a progressive culture focused on performance, innovation, and inclusion.

The role

This person will also have regular and direct access to the Global Chief Risk Officer, Executive Committee and Management Committee Members, Senior Underwriters and other functional heads. The Head of Risk will assume the Senior Management Function (SMF) 4 designation for the UK entity (regulated by the FCA) and will report directly to the Board on at least a quarterly basis.

Contract length: 12 months

Start date: ASAP

Key accountabilities

Managing the quarterly risk review (QRR) and top risk review process with key function leaders and control owners
Drafting regular reports to Boards and Risk Committees across the Group
Work with the Syndicate team to monitor and mature the risk appetite for the Lloyds Syndicate
Coordinating impacts of business and operational activity impacting the risk register as well as related stakeholders including Compliance, Internal Audit and SOX
Chair various committees
Work with various stakeholders to identify and develop effective strategies/approaches to Emerging RisksSkills & experience

Strong preference for candidates with advanced degree or relevant industry qualifications
Strong academic background and mathematical acumen
Experience with managing risks around outsourcing of key business services
10+ years' experience in the Insurance Risk sector (Risk Management, External Audit, Internal Audit)
Additional experience in the wider Insurance industry is highly preferable but candidates from other industries will be considered
Must be a strong critical thinker who can interrogate the data to ensure it makes sense and provide challenge when require

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