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Risk manager - model risk

London
Avencia Consulting
Risk manager
Posted: 11 June
Offer description

A leading global insurer is looking for a Model Risk Management Lead to join its growing and dynamic risk function. With operations across more than 20 countries, this organisation is known for its innovative, people-first culture and commitment to supporting clients in complex, evolving environments. In this high-impact role, you’ll be responsible for leading the validation of internal capital models and challenging a wide range of business-critical models, including those used for pricing, catastrophe exposure, capital planning, and emerging technologies like artificial intelligence. You’ll take a hands-on role in shaping model governance in line with regulatory guidance (e.g., PRA’s CP6/22), while helping embed model risk management as a key strategic discipline across the enterprise. You will work closely with senior stakeholders, cross-functional teams, and regulatory bodies. In addition to managing a sub-team, you’ll contribute to key committee meetings, coach junior colleagues, and support strategic risk initiatives. What you’ll bring: Deep knowledge of Solvency II and internal model validation Strong communication skills to simplify technical concepts Passion for innovation, especially in AI, climate risk, and ethical model use Ability to influence senior decision-makers and drive change The organisation is committed to diversity, inclusion, and flexible working. If you’re excited about helping shape the future of model risk in a values-driven, collaborative environment, we encourage you to apply. Applications open now – make a meaningful impact through better risk thinking

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