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Risk governance & regulation consultant

Birmingham (West Midlands)
Allianz
Consultant
Posted: 18h ago
Offer description

Allianz are currently seeking a Risk, Governance and Regulation Consultant to join our team. The purpose of this role is to support the Head of Risk and Regulation in providing reasonable assurance to senior management that pricing processes and procedures are operating effectively and in line with our ambition to build a best-in-class pricing function which operates dynamically and at pace, whilst in line with risk appetite and relevant regulatory requirements. We work on a hybrid working basis, working for a minimum of 2 days per month in the office. We are open to location and you can be based in any of our Pricing or Underwriting offices which are; Birmingham, London or Bournemouth. Salary Information Pay: Circa £38,000 per year. Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package. About You Your role will vary day to day, but you will tend to focus on three areas: Risk: • Promote, continuously enhance and embed the Pricing and Underwriting Risk Management Framework and ensure it adequately and effectively controls all risks within Pricing. • Work closely with Pricing and Underwriting colleagues and other areas of the business (such as business Risk teams) to report on risks and controls. • Ensure risk incidents are captured, logged and regularly reviewed to ensure common root cause is identified and effective controls implemented. Governance: • Ensure appropriate governance is up-to-date and appropriate e.g. meeting TORs, Portfolio Strategies, Confluence pages • Test, manage and embed Pricing and Underwriting governance across all lines of business • Manage functional rule attestation and audit actions Regulation: • Ensure that output from either 3rd parties (regulator, external consultancy review), internal audit or guidance regarding Pricing and Underwriting Governance and Risk or customer conduct are fully considered and implemented within good time. • Ensure the department is adhering to its Pricing Principles and Pricing Strategy in matters regarding regulatory and/or customer outcomes. Essential Skills We dont expect you to know everything from day one, but the following will enable you to hit the ground running: • Experience of General Insurance Pricing • Understanding of relevant UK regulatory requirements • Understanding of the risk management cycle • Attention to detail • Inquisitive mind • Excellent organisation skills • Good verbal and written communication skills with ability to influence and motivate Pricing teams What We Will Offer You Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that’s perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including: • Flexible buy/sell holiday options • Hybrid working • Annual performance related bonus • Contributory pension scheme • Development days • A discount up to 50% on a range of insurance products including car, home and pet • Retail discounts • Volunteering days

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