Insurance Risk Manager

Job Description

Miryco Consultants are working with a Lloyd’s of London Insurer to grow a dynamic and strategically important insurance risk team.

The role will see you working directly with the Head of Insurance Risk on the assessment, monitoring, and management of key risks. You will be involved with key business decisions relating to the risk appetite and contribute to the development and maintenance of a positive risk culture.

Responsibilities:

1. Collaborate with stakeholders to manage and report on key insurance risks.
2. Support the implementation of the Underwriting Risk Operating Model, including assessments and guidance to the Risk Committee.
3. Conduct an annual review of insurance risk appetites and challenge business assumptions when needed.
4. Regularly monitor underwriting and reserve risk exposures, ensuring alignment with appetite.
5. Provide regular updates to senior leadership and committees.
6. Assist in preparing regulatory reports and opinions, ensuring compliance with Solvency II and Lloyd’s standards.
7. Review the business plan annually and assist in completing the Own Risk and Solvency Report.
8. Work with the Capital Modelling team to support the Internal Model’s development.
9. Offer expert advice on risk management, promoting a culture of effective risk practices.

Qualifications:

1. Extensive experience in risk management within the London insurance market.
2. Actuarial qualifications.
3. Strong communication, negotiation, and influencing skills.
4. Proficiency in Microsoft Office and databases.

Location: London, Hybrid Working

Salary: Up to £75,000