Time Type:

Working Pattern:

Purpose of the Role

Duties and Accountabilities

Risk Management Framework:- Support the Head of Risk in maintaining and enhancing the Risk Management Framework including promoting risk awareness delivering training and supporting risk ownership across the business.

Risk Management Reporting: Support the preparation coordination and delivery of high-quality reporting and documentation for internal and external stakeholders including committees and working groups.

Risk and Control Registers: Ensure that the risks register and associated control documentation remain current accurate and aligned with the business risk profile including new and emerging risks; and other stakeholder requirements.

RCSA Process: Facilitate a robust Risk and Control Self-Assessment (RCSA) process across business functions ensuring risks and key controls are appropriately assessed documented and tested.

Risk Event Management: Lead the risk event reporting process with the business and work closely with the business to ensure incidents are captured assessed and monitored.

Risk policies: Support the Head of Risk in maintaining and updating risk policies and procedures.

Risk Appetite and Key Risk Indicators: Support the development communication monitoring and ongoing refinement of risk appetite limits tolerances and key risk and control indicators.

Emerging Risks and Opportunities: Contribute to the emerging risk identification process ensuring outputs are integrated into the wider Risk Management Framework (This will include leading deep dive assessments).

Operational Risk Scenario Analysis: Embed and manage the operational risk scenario assessment process ensuring effective stress testing and scenario analysis to support the internal model.

Stress and Scenario Testing: Support the on-going design review reporting of stress and scenario testing across the business.

Own Risk and Solvency Assessment (ORSA): Manage the on-going development and execution of ORSA processes and procedures ensuring timely and high quality reporting that meets stakeholder expectations.

Internal Model Validation and Assurance: Support governance of the internal model ensuring that validation activities are designed planned and executed in line with Lloyds standards and regulatory expectations. Ensure that model changes are managed and validated appropriately.

-Conduct aspects of technical validation testing and reporting on validation and assurance of internal and external models used for risk capital and solvency assessment ensuring their ongoing appropriateness.

-Complete non-technical validation testing including the follow up and closure of actions and recommendations from internal and independent validation exercises.

Regulatory Oversight: Ensure compliance with UK (Lloyds PRA FCA) risk management requirements.

-Support delivery of the Lloyds Principles Assessment process across AEGIS London.

-Support the Chief Risk and Compliance Officer and Head of Risk in managing effective engagement with regulators ensuring clear and accurate communication on risk related matters.

Skills Knowledge and Experience

The successful candidate will have/be:

• Demonstrable Risk Management experience covering key risk types in Lloyds/London Market.
• A strong team player with excellent interpersonal and communication (written verbal and presentational).
• Demonstrate proven experience of working effectively with senior management underwriting teams and business functions across insurance company operations.
• Proactive highly organised and efficient with strong analytical skills and exceptional attention to detail.
• Results-focused able to structure work effectively set priorities and deliver to tight deadlines.
• Solid working knowledge of prudential regulatory requirements (Lloyds PRA Solvency UK/ SII) and associated good practice.
• Proficiency in Microsoft Office and comfortable working with a range of systems data sources and reporting tools.

AEGIS Values

Fairness and respect

We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions working collaboratively to create a culture of fairness and respect.

Open and inclusive

We act with integrity valuing diversity of thought and background. We take time to listen to the needs of our customers stakeholders and colleagues working together to seek and share information.

Ambitious

We have a passion for success aspiring to be recognised as best in class. We embrace new opportunities encouraging innovation in pursuit of our goals.

Striving to be better

We strive to improve at all times challenging complacency being agile and adapting to change. We always seek to improve our customers experience with us.

Investing in peoples potential

We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.

AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.

Its important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on44(0)or email

As a business we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential