Head of Insurance Risk 12-Month FTC
Head of Insurance Risk 12-Month FTC
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Why Join Us
At Direct Line Group were looking for an experienced Head of Insurance Risk (FTC) to lead our secondline oversight of actuarial reserves pricing and claims forecasting. This is a critical leadership role where youll provide strategic challenge governance and insight to help shape risk management across the business.
Supporting our Director of Financial Risk youll be a key figure in our Financial & Insurance Risk team. Youll play an integral part in ensuring we manage insurance risk effectively stay ahead of regulatory developments and embed risk awareness throughout the organisation.
This role is being offered on a 12Month Fixed Term basis.
What Youll Be Doing
As Head of Insurance Risk youll be responsible for:
- Leading secondline oversight of actuarial reserves pricing and claims forecasts ensuring robust risk management and challenge.
- Overseeing financial plan forecasts providing challenge on key assumptions and business strategies.
- Reviewing and enhancing risk policies frameworks and key risk indicators (KRIs) for insurance risk.
- Producing independent risk opinions on actuarial reserve projections and presenting findings at governance committees.
- Developing and implementing a risk review programme proactively identifying and investigating highrisk areas.
- Providing subject matter expertise on insurance risk across climate risk stress testing and capital modelling.
- Contributing to key regulatory reports including the Own Risk & Solvency Assessment (ORSA).
- Managing a small team 2 FTEs) providing coaching and leadership to drive excellence.
- Developing strong relationships with senior stakeholders ensuring risk management is embedded in decisionmaking.
- Supporting and deputising for the Director of Financial Risk at key governance forums.
What Were Looking For
We need a strategic and analytical leader with deep expertise in insurance risk. You should have:
- Qualified Actuary status (FIA or equivalent).
- Extensive experience in reserving and financial planning oversight ideally in a general insurance setting.
- A strong understanding of risk frameworks regulatory requirements and financial modelling.
- Leadership experience with the ability to develop and manage a highperforming team.
- Excellent communication skills with the ability to challenge and influence at senior levels.
Ways of Working
Our hybrid model way of working offers a best of both worlds approach combining the best parts of home and officeworking offering flexibility for everyone. You will be in the office 2 daysper week and based in our London Riverbank House office.
Read our flexible working approach here
Benefits
We recognise we wouldnt be where we are today without our colleagues thats why we offer excellent benefits designed to suit your lifestyle:
- 9 employer contributed pension
- 50 off home motor and pet insurance plus free travel insurance and Green Flag breakdown cover
- Annual bonus of up to 20
- EV car scheme allows all colleagues to lease a brand new electric or plugin hybrid car in a tax efficient way.
- 30 days annual leave
- Buy as you earn share scheme
- Employee discounts and cashback
- Plus many more
Being yourself
Direct Line Group is an equal opportunity employer and we think diversity of background and thinking is a big strength in our people. Were delighted to feature as one of the UKs Top 50 Inclusive Employers and are committed to making our business an inclusive place to work where everyone can be themselves and succeed in their careers.
We know youre more than a CV and the things that make you you are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process please speak to the recruitment team who will be happy to support you.
Collectively we help every business within our group aim higher. Standing shouldertoshoulder to stand out in the market we want to be an insurance company of the future. And with so many areas to choose from your ambitions are welcome here. See your opportunity to start a career thats varied distinct and exciting. Visit
Together were one of a kind.
#LIHybrid #LIAC1
Required Experience:
Director
Employment Type
Full-Time
