Skill Band: Risk Management Location: United Kingdom - London
Type: Permanent Date Posted: 29 May 2019
Senior Manager, Financial Risk Permanent One Lime Street, London About Us The Risk Management team is critical to Lloyd's achieving its long term aims by ensuring risks to the strategy are effectively identified, assessed and managed within risk appetites set by the Franchise Board The Role The role has accountability for ensuring the effective management of the financial risks faced by Lloyd's, in particular, the risks arising from the syndicates and members operating in the Lloyd's market.
In addition, the role is also accountable for the governance and ongoing assessment of the Lloyd's Internal Model (LIM) to ensure its validity in line with the Lloyd's risk profile What Will You Do?
Identify, assess and review the financial risks faced by Lloyd's
Provide robust risk oversight and challenge to the functions responsible for managing financial risks, making recommendations for improvements in the control environment where necessary.
Report quarterly to Risk Committees on position against financial risks, escalating heightened risks as required
Identify thematic reviews and lessons learned reviews into selected areas of financial risk or Lloyd's oversight. Ensure reviews are conducted and implement any recommendations or findings in conjunction with relevant Corporation teams
Accountable for delivery of financial risk elements of the ORSA.
Develop and maintain strategic relationships with the C-suite and Heads of business functions. Proactively influence the Senior Stakeholders in ensuring the effective management of financial risks for which they retain accountability.
To respond with agility to requests (i.e. adhoc projects) from the Chief Risk Officer or Head of Risk Management
What You'll Need
Demonstrable actuarial and technical risk management skills are essential to be able to define and shape industry leading risk management tools which are tailored to the unique Lloyd's business model as well as satisfying regulatory requirements.
Numerate/enhanced analytical skills the ability to apply technical knowledge in a wide variety of situation in both written and oral form, to assess sometimes complex, intricate and lengthy information and reach appropriate conclusions.
Effective leadership skills to recruit, develop and retain a high performing, motivated team to deliver consistently excellent risk management deliverables. The Risk Management team has a culture of continuous improvement and as a leader within the team this role is expected to contribute to the ongoing self-assessment and improvement of the function
High degree of stakeholder management and relationship skills to build relationships with a range of senior stakeholders and in particular with the PRA. This will include an ability to actively influence at Executive and Board levels with a confidence to deliver the right risk outcomes at senior levels of the organisation.
Excellent analytical skills and be able to effectively communicate (in both written and verbal forms) and engage in debate on complex topics. Evidence of influencing outcomes with senior management in both formal (e.g. committee) and informal settings is critical
Time management skills used to working to deadlines and under a certain amount of pressure.
Ability to maintain effective personal workload plans that are achievable, prioritised appropriately
As the successful candidate, you can expect to be rewarded with a competitive annual salary and benefits.
We are committed to flexible working, therefore if you would like to consider this as a part-time opportunity, please email email@example.com
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