Risk Contractor
- Employer
- Insight Recruitment Solutions Ltd
- Location
- London, Central London, United Kingdom
- Salary
- Competitive Salary
- Closing date
- Nov 18, 2020
View more
- Job Role
- Risk Manager
- Sector
- Finance
- Contract Type
- Permanent
- Hours
- Full Time
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A niche insurance group seeks a Risk contractor to cover someone who is going on maternity leave. The successful candidate will have a proven track record of working in the insurance industry and will be a valuable addition to the 2nd line of defence within the business, assisting in building and monitoring the risk management framework, and providing assurance on the effectiveness of the first line controls. Responsibilities will include:
- Maintenance and development of the Risk Management Framework, ensuring that all necessary Risk policies are maintained and implemented
- Responsible for the identification of new and emerging risks and design of a suitable yet control environment to provide protection
- Supporting the implementation and management of the internal control framework
- Proving the effectiveness and robustness of the control environment through self-testing, conformance review testing from second line of defence and audits from third line of defence
- Maintenance of the Group's Risk Event reporting framework, including recording internal and regulatory breaches
- liaising with senior management and producing monthly reports at both Board and Executive levels
- Proactively keeping abreast of changes in the regulatory regime, and developments in best practise risk management methods
- Ensuring risk management policies and procedures are current and robust
Experience & skills required:
- Insurance industry experience
- Previous knowledge of Solvency II legislation and requirements
- An understanding of financial services regulation
- An understanding of regulatory accountability regimes (such as SM&CR)
- IT proficiency
- Excellent communication skills
- Great attention to detail
- Highly organised and able to work on own initiative
Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.
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