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. Operating as a true second-line function, you will balance regulatory rigour with commercial pragmatism and act as a trusted advisor to senior stakeholders.
You will have responsibility across risk, compliance, governance and regulatory engagement, with a remit spanning underwriting, finance, claims, operations, IT, outsourcing and reinsurance.
Enterprise 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
* Provide independent challenge to underwriting strategy, new products, reinsurance and material change initiatives
* Support stress and scenario testing and capital risk assessment alongside Finance and Actuarial teams
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
* Provide oversight of Consumer Duty, including outcomes testing and Board reporting
Governance & Assurance
* Deliver concise, decision-focused reporting to the Board and Committees
* Support reviews of governance effectiveness and the control environment
* Coordinate with Internal Audit and oversee responses to findings
* Support regulatory attestations and senior management sign-off
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
YOU?
* 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
* Strong analytical and problem-solving capability
* Clear, confident communicator able to influence at senior level
* Able to translate complex regulatory and risk concepts into practical business advice
* Highly organised, with the ability to manage multiple priorities
* Pragmatic, solutions-focused and commercially aware
Qualifications
* Professional risk or insurance qualifications (e.g. IRM, CII) are advantageous
* Degree in a relevant discipline preferred