Head of Financial Risk - 28239

Currently looking for a Head of Financial Risk to be based in London on a full-time basis, reporting into the Head of Enterprise Risk Management.

• Location: London
• Category: Finance
• Type: Permanent

Key Duties (Including but not limited to):

• Lead the implementation and embedding of the Financial Risk framework setting out the Company's approach to identification, assessment and management of financial risks and controls in alignment with the Company's enterprise risk management (ERM) framework, strategic objectives, Group and regulatory requirements.
• For all the Company's businesses, ensure financial risk exposures and associated controls are appropriately monitored and reported on for the required management and legal entity governing bodies to ensure strong business support on key decisions, the appropriate identification and management of key and emerging risks, and compliance with the Company's, PRA, FCA and Lloyd's requirements.
• Providing effective and timely risk management support, challenge, and opinions to the business including on strategic developments, change initiatives, and new products.
• Supporting the development, implementation and embedding of appropriate risk appetite and other metrics.

Minimum Requirements:

• Quantitative university degree.
• Ideally a qualified actuary (FIA) from UK or other recognized body/country.
• Offers strong capital modelling experience and/or internal model validation experience.
• Extensive experience working in the Non-life/General insurance industry, with Lloyd's and/or London market.
• Has knowledge of Solvency II, is familiar with Lloyd's and Bank of England requirements.
• Excellent report writing skills, experience of preparing reports and presentations for Senior management/Committee or Board review.