Head of Risk Management

Department: Managing Agency

Employment Type: Permanent

Location: London

Reporting To: CRO

Compensation: £80,000 - £100,000 / year

Reporting to the Chief Risk and Compliance Officer, the Head of Risk and Controls will be an integral part of Poloworks ongoing success, enabling the company to assess and navigate key strategic threats through developing and managing risk and control frameworks. The core function of this role is to engage relevant stakeholders into considering both financial and non-financial risk and develop relevant and appropriate controls across Poloworks. This role is an approved control function with the FCA/PRA.

1. Lead and support the Risk Management function in the effective and efficient operation of the risk management framework, providing challenge and identifying areas for improvement.
2. Lead and support the quarterly risk management process (including risk owner meetings) and other internal and external deliverables.
3. Lead and support the cross-functional teams in order to document, evidence and assess the business' internal control environment.
4. Lead and support the risk analysis process using quantitative data and qualitative information, setting the results into appropriate context.
5. Lead and support the production of relevant committees risk reporting (Board, Risk Committee, Syndicate Management committees, Capital Committee )
6. Recommend and implement process or analytic improvements.
7. Lead and support the analysis of risk events and near misses / link to risks on the risk register and as well the Risk function's work on deep dives.
8. Lead and support the Own Risk & Solvency Assessment (ORSA) reporting processes.
9. Lead and support the development of policies and processes to ensure that they continue to support the business in its compliance with regulatory requirements.
10. Lead and support the internal Model validation process.

1. Understanding of insurance business models, operations and underwriting products.
2. Ability to work independently with limited supervision and as part of a team.
3. Ability to respect the need for discretion and handle confidential information.
4. Good communication skills, both orally and in writing.
5. Good working knowledge of MS Office applications.
6. Good attention to detail, particularly with regard to the presentation of work.
7. Attention to detail and a proactive approach to problem-solving.
8. Ability to prioritise and work to strict deadlines.

As well as a competitive salary, discretionary annual bonus, and 25 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay.

You will also have access to company volunteering days, an employee assistance programme with retail discounts and savings, a generous employee referral scheme and regular sports and social events.