Head of Risk & Compliance (Insurance)

3 Days Old

My client is currently seeking a HEAD OF RISK & COMPLIANCE to lead the development of their risk management and compliance frameworks, ensuring the organisation operates within risk appetite, and supports healthy growth whilst meeting regulatory standards.Key ResponsibilitiesTake the role of key regulatory liaison for the business, taking responsibility for FCA/PRA regulatory submissions, notifications, and supervisory engagement.Oversee policies, procedures and controls aligned to regulatory and governance standards. Advise on regulatory change, interpreting any new or evolving requirements and supporting recommended actions, monitoring through to completion.Ensure effective management of regulatory breaches, incidents and remediation plans.Support Consumer Duty implementation, including outcome testing and board reporting.Design, embed and maintain the compliance monitoring program, ensuring proportionate testing and timely issue remediation.Own the development and embedding of the risk management framework, maintaining a close focus on risk appetite (including KRIs and tolerances).Lead and support the identification, assessment and reporting of risks across underwriting, finance, claims and reserving, operations, IT, outsourcing, compliance and reinsurance.Utilise risk methodologies and techniques to produce high quality reporting for the Executive, Board and Committees, including analysis of emerging risks.Oversee the ORSA process, coordinating inputs and ensuring regulatory-compliant documentation and challenge where necessary.Provide robust independent challenge to underwriting strategy, new products, reinsurance arrangements, and material change initiatives.Support stress and scenario testing, and capital risk assessment (in close conjunction with the Actuarial and Finance functions within the business).Key Skills & Experience RequiredSignificant experience in risk and/or compliance leadership in the General Insurance sector.Excellent knowledge of PRA and FCA regulation, UK Solvency and Governance expectations.Proven experience engaging with Boards, Committees and regulators (FCA/PRA).Ability to balance commercial pragmatism with regulatory rigor.Exposure to rating agencies (e.g. AM Best).Prior experience in an 'SMF' approved function would be appealing, but not essential.Degree in relevant discipline (e.g. Risk Management, Finance, Business) and/or professional risk management qualifications (e.g. IRM, CII) would be advantageous.If this sounds like it could be of interest to you, please click 'Apply' today - or for more information, contact Terry Wetters (Founder/Director): 07891 708 941 / terry@barleycorn.io #J-18808-Ljbffr
Location:
Manchester
Job Type:
FullTime

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