Senior Risk Manager
Job Summary
As Senior Risk Manager within the London P&C Risk Management team you will directly report to the UK P&C Chief Risk Officer and be a key contact for other Senior leaders in the UK.
In this roleyou will be responsible for:
proactively leading the continuous improvement of the Risk Management Framework for SCOR UK and SCOR Syndicate whilst
meeting all internal / commercial and external/regulatory expectations in a timely manner.
This includes responsibility for coordinating second-line assessment and monitoring of the control environment as well as providing challenge to business stakeholders risk and control self-assessments across these entities. You will produce impactful reporting on Risk matters to local Executive and Board Committees.
You will be a key contact person for first-line risk management stakeholders across the locally supported entities as well as the wider second-line SCOR Group Risk Management addition you will lead or participate in Group Risk Management projects and analysis spanning various topics in collaboration with other Risk colleagues from international teams.
The requirements of this position may evolve over time according to SCORs circumstances.
Responsibilities
Risk management framework and monitoring
Assess and monitor the risk and control environment in conjunction with the Group Operational Risk team.
Monitor exposures against risk appetite and limits.
Lead second-line risk assessments (qualitative and quantitative).
Track incidents and control issues. Perform root cause analysis.
Coordinate development of operational risk and other scenarios for local models.
Risk reporting & governance
Develop and maintain risk registers dashboards and risk metrics using data analytics.
Support regulatory and audit requirements. Contribute to external risk reporting as requested
Link with the business teams
Advise the business on risk identification mitigation and controls in coordination with the Group Operational risk team.
Challenge first-line risk assessments and promote strong risk culture.
Other ad-hoc and specific duties
Lead or contribute to local and Group risk projects.
Partnering with the business identify and analyse emerging risks and trends
Qualifications
Experience:
Proven working experience in a risk management position with increasing levels of accountability and extensive experience in Property & Casualty (re)insurance - ideally the London Market both Company and Lloyds. Knowledge of UK regulatory risk management principles (including but not limited to risk analysis standards and practices of operational risk management ORSA governance).
Personal Competencies and Skills:
Strong analytical and data interpretation skills.
Ability to produce clear and concise reporting.
Excellent understanding of risk frameworks and governance.
Strong stakeholder management across functions.
Ability to challenge and influence senior stakeholders.
Project management skills; able to deliver within deadlines working in a change environment.
Collaborative and pragmatic solutions-oriented approach.
Strong written and verbal communication skills.
Education
- Risk Management qualification or Bachelors degree in Risk Management Business Administration Economics Actuarial Science or related.
Required Experience:
Manager
About Company
As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial soluti ... View more