Interim Head of Risk

About us

Join a rapidly expanding, innovative specialty insurance group with a global footprint. Operating with an agile, underwriting-led model, the business has strong momentum and a progressive culture focused on performance, innovation, and inclusion.

The role

This person will also have regular and direct access to the Global Chief Risk Officer, Executive Committee and Management Committee Members, Senior Underwriters and other functional heads. The Head of Risk will assume the Senior Management Function (SMF) 4 designation for the UK entity (regulated by the FCA) and will report directly to the Board on at least a quarterly basis.

Contract length: 12 months

Start date: ASAP

Key accountabilities

• Managing the quarterly risk review (QRR) and top risk review process with key function leaders and control owners
• Drafting regular reports to Boards and Risk Committees across the Group
• Work with the Syndicate team to monitor and mature the risk appetite for the Lloyds Syndicate
• Coordinating impacts of business and operational activity impacting the risk register as well as related stakeholders including Compliance, Internal Audit and SOX
• Chair various committees
• Work with various stakeholders to identify and develop effective strategies/approaches to Emerging Risks

Skills & experience

• Strong preference for candidates with advanced degree or relevant industry qualifications
• Strong academic background and mathematical acumen
• Experience with managing risks around outsourcing of key business services
• 10+ years' experience in the Insurance Risk sector (Risk Management, External Audit, Internal Audit)
• Additional experience in the wider Insurance industry is highly preferable but candidates from other industries will be considered
• Must be a strong critical thinker who can interrogate the data to ensure it makes sense and provide challenge when require