Insurance Risk Manager - Lloyds Syndicate

Job Description


Job Title: Insurance Risk Manager - Lloyds Syndicate
Location: London
Package: GBP75,000 - GBP85,000 plus bonus, attractive benefits
Industry: Lloyds Syndicate / London Market
Job Type: Permanent

A major Lloyds Syndicate is looking to appoint an experienced Insurance Risk Manager to join their London office.

The Risk Management function is responsible for ensuring that the Risk Framework Policy remains current, effective and suitable for the risk profile of the business and is implemented in such a way that is aligned to the companys objectives. The Risk Management function operates as a second line of defence to assist the business in managing and measuring risk.
Experience Required

Minimum 5 years of Risk Management experience across all key risk types in Lloyd's/London Market.
Educated to degree or masters or equivalent professional qualification (Risk Management, Insurance)
Team player with strong interpersonal and communication (written, verbal, and presentational) skills.
Proven experience of working effectively with senior management, underwriters, and other business functional areas across insurance company operations.
Proactive and efficient with strong analytical skills and an excellent attention to detail.
Results focussed with an ability to structure assignments, set priorities and deliver under tight deadlines.
Inknowledge of prudential (Lloyds, PRA, Solvency II) requirements and emerging good practice.
Strong Microsoft Office skills including Excel, Word, and PowerPoint.

Description & Duties

Risk Management Framework:
Maintaining and developing the Risk Management Framework including assisting all areas of the business in risk awareness, knowledge and training.
Risks Universe and Risks Register:
Ensuring that the risks universe and risks register are reflective of the business risk profile including new and emerging risks.
Risks and Controls Assessments:
Co-ordinating, communicating and performing the risks and controls assessment cycle in conjunction with business risk and control owners.
Risk Appetite and Key Risk Indicators:
Developing, communicating and monitoring risk appetite limits and tolerances, and key risk and controls indicators.
Internal Model, Validation and Assurance:
Contributing to the review of the Operational, Group, and Credit Risk components to ensure the continuous appropriateness of the Internal Model.
Planning, management and undertaking of testing and reporting on the validation and assurance of internal and external models for risk, capital and solvency assessment and quantification.
Stress and Scenario Testing:
Supporting and enabling the on-going review, definition and performance of stress and scenario testing.
Contributing to the on-going development of ORSA processes and procedures.
Risk Management reporting:
Supporting and enabling the preparation and co-ordination of materials and documentation for internal and external stakeholder reporting including committee and working groups.

If you have the relevant experience or know someone that does please contact us now on 0203 411 8430 or email us at lt;;
To view all Current Vacancies or for more information on our Refer a Friend scheme, contact one of our consultants or visit our website lt;;.

Please Note: Due to the sheer volume of applications we receive, we will only contact successful applications. Therefore if you have not heard from us within 10 working days please deem your application as unsuccessful.


This job was posted by.

Derrick Smart

Tel: 0203 727 2315

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