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Job description


Job Title: Senior Manager, Financial Risk
Job Code: 1134966

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 recruitment@lloyds.com

At Lloyd's we believe that innovation comes from having an inclusive culture of equality and diversity. We use ClearTalents to discover how we might help you feel welcomed, supported and able to do as well as you can when applying to work for us, including identifying any reasonable adjustments that we may need to make. Should you feel that you require reasonable adjustments during your application process we request that you please follow this link to create a ClearTalents user profile:

https://cleartalents.com/apply/lloyds-smfr1559134688

Industry
Insurance
Job Sector
Other
Job Position
Other
City/Town
London
Address
London, UK Show on map
Post date
Closing date

How would you fit?

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