Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Lloyd’s is seeking to recruit a Manager, Enterprise Risk. You will contribute to the successful development and executing of the Lloyd’s global risk framework, ensuring the key risks to Lloyd’s are well understood and appropriately managed within risk appetite.
The role will involve a large amount of engagement with stakeholders at various levels across the Corporation, including the production of analysis reports. Risk management skills are required to be able to design and deliver leading risk management tools which are tailored to the unique Lloyd’s business model as well as satisfying regulatory requirements
Principal Accountabilities
To define and regularly monitor the annual risk management and co-ordinated assurance plans.
Contribute to an effective risk culture at Lloyd’s and deliver training to key stakeholders.
To work closely with, and respond with agility to requests (i.e. ad hoc projects) from, the or Head Risk Management or Chief Risk Officer.
To ensure the effective operation of the risk governance structure at Lloyd’s and liaise with
Secretariat to ensure the ongoing effectiveness of the risk committees. To lead operation of the Executive Risk Committee and work with the Chief Risk Officer to set the agenda and ensure the
Committee is operating in line with its terms of reference.
To produce high quality regular and ad hoc reporting to the various Lloyd’s risk committees which
enable the committees to effectively discharge their responsibilities.
To produce high quality materials for external stakeholders (including rating agencies) and
regulators.
To build and maintain strong relationships with all relevant Corporation departments, including ‘Heads of’ functions where appropriate
Lead, and contribute to, the development and operation of Lloyd’s global risk framework including:
Risk and Control Self-Assessment
Risk Incident Reporting (losses, control failures, near misses)
Emerging risk reporting
Risk culture, awareness and engagement
To develop and maintain the risk appetite framework. Regularly report to senior management on the
risk appetite position and ensure risk appetites are considered and embedded in decision making.
To lead and contribute to the annual and quarterly Lloyd’s ORSA process.
To lead and contribute to thematic reviews on key risk topics.
To lead development and maintenance of the risk management system and reporting tools
Skills Knowledge and Experience
Experience in working as part of a high performing team to deliver successful risk management outcomes.
Experience in managing senior stakeholders including challenging or unsupportive stakeholders.
Good experiences of risk management frameworks, tools and processes.
Knowledge of risk management frameworks and processes.
Understanding of the insurance industry and the Lloyd’s market would be an advantage
Stakeholder management and relationship skills to build relationships with a range of senior stakeholders.
Excellent analytical skills and be able to effectively communicate (in both written and verbal forms)
and engage in debate on complex topics. Evidence of influencing outcomes with senior management in both formal (e.g. committee) and informal settings.
Used to working to deadlines and under a certain amount of pressure and ability to maintain effective personal workload plans that are achievable, prioritised appropriately and meet business objectives.
Ability to lead and deliver change within areas of responsibility
Should be used to working as part of a team, making effective contributions to team meetings and team initiatives and also be able to take ownership of tasks and projects whilst often working remotely and without supervision.
Ability to productively challenge technical experts across Lloyd’s and be robust/resilient under
scrutiny.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancy