Manager – Insurance Risk

  • Job Reference: ET/17070
  • Date Posted: 8 February 2021
  • Recruiter: Clemfield Solutions
  • Location: London
  • Salary: £70,000
  • Sector: Insurance
  • Job Type: Permanent

Job Description

A great opportunity to join a strong Risk and Regulatory team in providing advisory services to leading organisations in the Insurance Sector, working alongside team members who possess a variety of core risk management, assurance and advisory skills and have considerable industry knowledge and specialist expertise of the UK Insurance market.                                

Key responsibilities include:

Advising clients within the Insurance sector on the impact of a changing risk and regulatory landscape on their business models and supporting them through that change including in the following areas:

- Governance, risk and controls and corporate culture

- Risk Management Frameworks, processes and activities

- Risk appetite

- ORSA

- Stress and Scenario Testing

- Conduct risk frameworks and issues

- Horizon scanning and the impact of emerging risks and regulatory change

- Supporting firms in the delivery of their own risk management responsibilities

- Delivering Section 166 reviews and reporting to the PRA/FCA as part of a wider team.

- Keeping up to date with industry specific issues and circumstances which affect insurance regulation.

- Supporting the provision of advice regarding regulatory requirements affecting the insurance sector

- Assisting in the preparation of presentations, training, thought leadership, and marketing materials.

- Delivering client engagements, working in both small sized teams and larger, multi-disciplinary teams. This would include the whole engagement lifecycle: Planning to completion and reporting directly to the engagement manager and partner.

Essential Criteria

• Strong understanding of businesses, structures, governance frameworks, risks, and process and control infrastructures of firms in the Insurance sector.

• Strong communication skills and ability to influence and deal with senior individuals.

• Knowledge of the regulatory environment in relation to risk management

• Educated to degree level or equivalent.

• Professional qualification preferred, with strong knowledge of regulatory rules and guidance but crucially practical application within an FS sector.

• The ability to evaluate technical issues, analyse facts, consult and deliver solutions to clients.