Role Summary: To assume a leadership role for promoting an effective risk culture. Ensure a robust risk management framework is implemented, and is applied both consistently, and in a way that is relevant to the risk profile of the entity. There will be a need for a "hands-on" approach to risk management, with responsibility for one direct report: responsibility will include overseeing and mentoring the work of other team members who will provide shared support for this role. Knowledge and Qualifications: University Degree and/or relevant professional qualifications (e.g. Risk, Finance, Actuarial) Comprehensive understanding of risk management best practices, Comprehensive understanding of Insurance and Reinsurance markets. Understand nuances of different regulatory regimes (Lloyd's primarily: others an advantage) and Insurance and Reinsurance markets Skills and Demonstrated Experience: Insurance market experience, ideally within Risk Management Highly numerate, analytical, with strong attention to detail Excellent problem-solving skills (e.g. root-cause analysis) Demonstrate proactive identification of risk and influence change High quality stakeholder management both internal and external Experience of dealing with regulators, C-suite, and other senior stakeholders Appreciate the interaction between quantitative and qualitative aspects of risk (including use and understanding of capital model outputs) Team player, with experience of managing and mentoring individuals directly or indirectly. Clear, focused and articulate written and verbal communication Experience in identifying and implementing process improvements and efficiencies Ability to present risk-reward analysis to support risk-based decisions Act with professionalism, reliability and integrity at all times Diligent, self-driven and organised, with excellent time management skills Excellent IT skills including a high proficiency in Excel Able to navigate uncertainty Key Accountabilities: Risk Framework: Maintain the risk framework including strategy, policies and procedures Develop a robust, consistent, coherent, and regulatory compliant risk framework Work with the team to deliver all parts of the risk framework Track evolving industry best practice and regulatory guidance: integrating into all risk processes. Yield insights from participation in market forums Pro-actively identify gaps and enhancements, and design workable solutions. Embed risk management within the business Ensure framework accounts for regulatory developments Risk Culture: Embed and advocate a strong risk culture throughout the business Ensuring clear "First line" ownership of risk with clear roles and expectations Advocate for risk best practices in a collaborative way, challenging where required Integrate risk management throughout the business Provide risk training for senior members and oversee regular risk training for new starters Advocate for conscious and informed risk-taking Be a trusted advisors to the business Risk Reporting: Ensure clear, concise and accurate quarterly risk reporting for all risk stakeholders (including Boards and Committees) Summarise relevant matters from all parts of the framework (register, controls, issues, events, stress testing etc) Provide a coherent view of risk across all processes (drawing connections where needed) Other risk reporting as needed Risk Register: Design, implement and maintain a complete and consistent risk register Oversee control self-assessment and action resolution Apply 2nd Line challenge and review to self-assessments and control definitions. Ensure alignment to policies and procedures. Ensure regular review to identify control gaps Propose proactive enhancements proportionate to the risk. Liaise with owners on inherent/residual risk assessment Annual review and reporting or Risk Register and governance over changes in risk register Risk Appetite and Tolerance: Design, implement and maintain appetite and risk limits, reflecting risk profile Develop Key Risk Indicators as early warning signals in respect of risk exposures Assess, report and challenge position against these metrics, if appropriate ensure resolution and/or prevention Assess risks using model or other quantitative outputs Monitor risk exposure in light of evolving experience and actual data Regulatory, Board & Public Reporting (i.e. ORSA,): Responsible for the annual regulatory and Board reporting Review public disclosures pertaining to risk Ensure compliance with all regulatory requirements Present information in a clear, complete and concise report Reflect key risks of relevance Account for best practice and regulatory feedback Lead the project, overseeing other team members Challenge accuracy of inputs Internal Model: Liaise with the Capital Modelling team, sharing relevant risk knowledge in a collaborative way Ensure output and model reflects risk profile Liaising with the quantitative risk team, ensuring robust Internal Model Governance, and Validation processes Understand and present model output within risk reporting in an appropriate way Stress and scenario: Design, implement and maintain a robust stress and scenario framework Utilise stress and scenario results to quantify and inform risk analysis and reporting Assess results and propose appropriate mitigation and/or management actions where required Present results in clear and concise reporting Partner with the Exposure Management team to ensure key risks are captured, and exposures adequately managed. Emerging Risk: Oversee high quality emerging reporting Oversee relevant an up to date emerging risk log/heatmap Design, implement and maintain a consistent emerging risk framework across Antares Global Ensure horizon scanning to identify, escalate and assess relevant risks, and ensure relevant mitigants implemented Embed emerging risk considerations within the business. Operational Risk: Ensure appropriate design, and implementation of the operational risk framework Oversee operational incidents including near misses, and appropriate prevention measure put in place Advocate strong operational risk management with 1st line Escalate trends or concerns Management of Outsourcing: Complete risk assessment in line with Policy requirements on outsourcing risk Oversee any risk related outsourcing including governance, costs and SLAs