Risk Manager

  • Full-time
  • Working Hours: 35 hours per week
  • Salary: Competitive
  • Department: Risk & Compliance

Company Description

Here at esure, we’re no strangers to change. As one of the industry leaders in the insurance business, striving to become a world class digital insurer, we’re getting ready for more. It’s creating great new opportunities for innovative and talented industry professionals to join us at a pivotal point in our development.

Job Description

We currently have a great opportunity for a Risk Manager. The successful candidate will be responsible for the second line oversight of operational and financial risks within esure, ensuring the risk management framework is embedded within the business by ; helping business teams identify, document, and manage their key risks and controls and providing objective advice and challenging risks and issues, ensuring key risk processes are understood and followed.

Day to day activities 

 

Supporting the Head of Risk and Capital by:

  • Running the Own Risk & Solvency Assessment (ORSA) process, including stress testing, scenario analysis, risk appetite, emerging risks, and reporting to Board level committees.
  • Managing, maintaining, calculating, and reporting standard formula SCR regularly.
  • Providing 2nd Line of Defence risk oversight and challenge for business areas (Finance, Actuarial, Pricing & Underwriting, and Claims), including partner management, risk reviews, PRA regulatory tracking, raising key risks, and ensuring actions and root cause analysis are completed.
  • Offering mentorship on identifying and managing key risks, controls, metrics, and issues.
  • Conducting 2nd line control assessments and investigations or producing reports on risk or control issues.
  • Supporting projects within business areas.
  • Acting as the Expert Administrator of the Xactium Risk System.
  • Providing ad-hoc support on other team responsibilities.

Qualifications

We'd love you to bring: 

  • Excellent written and verbal communication skills.
  • Strong customer focus.
  • Proven track record in relationship building and robust oversight and challenge of the 1st line.
  • Strong analytical ability and attention to detail.
  • Strong financial foresight.
  • Experience with Solvency II and ORSA.
  • Understanding of risk quantification methodologies and tools.
  • Data-driven approach with the ability to analyze large amounts of data and build succinct reports.
  • Experience in a risk, assurance, or audit role.
  • Good understanding of the financial services or other regulated industry.

Preferred:

  • Confident presentation skills to management-level audiences.
  • Organizational and methodological skills.
  • A curious and questioning mind.
  • Agile experience.
  • Financial crime experience.

We’ll Help You Gain:

  • Risk management expertise.
  • Enterprise risk knowledge.
  • Confidence in preparing committee reports and speaking confidently with senior managers.
  • A wider understanding of financial and operational risk matters within the insurance and financial services industry.
  • Understanding of corporate governance.

Additional Information

Why choose us?

This is your opportunity to be at the forefront of our game-changing journey and be part of something truly special! And to top it off, here are some perks to life at esure…

  • A competitive salary that recognises your skills and potential
  • A bonus scheme that celebrates your contribution to esure’s success
  • Discounts on our insurance products, for you and your family
  • 25 days annual leave, plus 8 flex days to be taken as and when suits you
  • Benefits just for you: our hub – My Benefits Box – is loaded with perks to choose from, so you can build a personal toolkit to support your health, wellbeing, lifestyle, and finances.
  • Grow your career with us: whatever your goals, we’ll support you with hands-on training, mentoring, a LinkedIn Learning licence, access to our exclusive Academies, regular career conversations, and expert partner resources from the likes of Women in Data and Women in Tech.
  • Join our communities: our networks give you the chance to connect, learn and share with like-minded colleagues across the business – for work and play. So, it’s no surprise our people consistently rate ‘making friends at work’ one of the highest scorers in our colleague engagement survey
  • More flexibility for you: we’re a proud supporter of the ABI’s Make Flexible Work campaign and welcome you to ask about the flexibility you need.
  • Live a healthy lifestyle: we offer lots of support, so you feel like the best version of yourself – like specialist advice through our employee assistance programme, wellbeing classes, access to the My Health Advantage app, our Big Team Challenge, and learning sessions on topics like menopause.
  • A helping hand to do your bit for a greener and safer world: driving good in the world couldn’t be more important to us. That’s why we encourage colleagues to use volunteering days to support their local communities and have lots of initiatives to help you live a greener lifestyle.
  • Everyday appreciation: praise from your colleagues means the world! Our social recognition tool makes it easy to give colleagues the praise they deserve, and you could even be shortlisted for a company-wide ACE Award.

We understand some people may not apply for jobs unless they tick every box. If you are excited about joining us and think you have some of what we are looking for, even if you’re not 100% sure we would love to hear from you.

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