Senior Risk Manager

Senior Risk Manager – Insurance & Financial Risk

Reports To: As per Beazley’s organisation chart

Key Relationships: Risk and Compliance, Group Actuarial, Ceded Reinsurance, Exposure Management, Underwriting, Investments.

Job Summary: The role will deliver a broad range of risk management activities, with a particular focus on insurance and financial risk. This will involve producing risk reports and analysis (including the ORSA), providing review and challenge of first line processes, performing deep‑dive reviews on specific risk areas, and supporting the risk team with delivering on the wider risk management framework.

• Provide challenge of Beazley’s first line processes around insurance and financial risk, including reserving, pricing, capital modelling, business planning, underwriting, outwards reinsurance, exposure management and investments.
• Produce risk reporting and opinions, including deep‑dive reviews on key risks and hot topics influencing Beazley’s risk profile, to support reporting to internal and external stakeholders.
• Support the delivery of the Own Risk and Solvency Assessment (ORSA) for Beazley’s various entities, particularly sections relating to insurance and financial risk.
• Support the first line in developing risk management capabilities (e.g. model risk) and facilitate the delivery of certain key submissions (e.g. CBES, IST).
• Support with the development of the wider risk management framework.

• Qualified actuary preferred.

• Methodical approach to problem solving, with high attention to detail.
• Excellent interpersonal and communication skills, with ability to tailor communication to both technical and non-technical audiences.
• Ability to prepare comprehensive well‑written reports for internal and external stakeholders.
• Proven project management and organisational skills with track record of delivering projects to strict deadlines.
• Results oriented, with energy and determination to succeed in a fast-paced environment. Advanced proficiency in using Microsoft Office.

• Experience of working as a risk actuary, knowledge of Solvency II requirements, risk management and actuarial principles.
• Experience of providing challenge across reserving, pricing, capital modelling, business planning, underwriting, outwards reinsurance, exposure management and investments.
• Experience in providing risk challenge to the first line and producing and presenting risk analysis to internal and external stakeholders.
• Interest in gaining a deeper understanding of insurance and financial risk management in the Lloyds’ / London Market.

• Outcome focussed, self‑motivated, agile and flexible.
• Technically innovative, a problem solver and solution builder.
• Professional approach to interact successfully with colleagues.
• Able to work with multi‑cultural and multi‑location teams.
• Ability to work closely in a team environment and develop productive working relationships.
• Willingness to learn and achievement drive.

• Information seeking
• Problem solving
• Technical expertise
• Time management
• Influencing others
• Quality focused
• Initiative
• Customer focused
• Analytical thinking
• Team working

Additional company values and expectations: Employees must adhere to Beazley’s core values – Being Bold, Striving for Better, and Doing the Right Thing – and comply with company procedures, policies, and the code of conduct. They should undertake required training and uphold business ethics to deliver fair outcomes for customers.