Head of Risk; Insurance *FTC*

Position: Head of Risk (Insurance) *12 month FTC*
Location: Sandgate

Head of Risk and Controls Management £90,000 - £100,000 per annum depending on experience 12 month FTC Folkestone/London Hybrid Join Sagas Risk and Compliance function within Insurance and Money at a pivotal moment in our journey. As a brand trusted by millions of people over 50, we continue to lead the market with innovative insurance and financial solutions, delivered through powerful affinity partnerships with Ageas, Nat West, Just Group, BUPA and Collinson.

As Head of Risk, youll report to the Insurance Risk Director and play a central role in shaping how risk is managed across Saga Services Ltd, Saga Money, and our partner landscape. Youll lead the operation, oversight and continuous evolution of our risk and control framework, ensuring it remains robust, forward-looking and aligned to our strategic ambitions. This is a high-impact leadership role where youll be the trusted advisor to the SSL management team on all aspects of risk and control management spanning strategic, financial, non-financial and reputational risk, as well as operational resilience.

With a strong presence and credibility, youll influence confidently at all levels of the business and act as a key point of contact with the FCA, helping to safeguard Sagas reputation as one of the UKs most trusted brands. We work in a hybrid way at Saga both at home and in the office. This role requires you to be working from our Folkestone office weekly, as well as visits to our London office, allowing us to collaborate and share success as a business.

Package Description At Saga, we recognise that our people make us special. We believe our colleagues deserve rewards for the excellence they demonstrate every single day, that's why we have put together an amazing benefits package for all colleagues. BENEFITS AVAILABLE TO ALL COLLEAGUES: 25 days holiday  bank holidays Option to purchase additional leave - 5 extra days Pension scheme matched up to 10% Company performance related annual bonus - Up to 15% Car allowance £4,800 per annum Private medical insurance after 1 years service Life assurance policy on joining us, 4 x salary Wellbeing programme Colleague discounts including family discounts on cruises, holidays and insurance Range of reductions and offers from leading retailers, travel groups and entertainment companies Enhanced maternity and paternity leave Grandparents leave Income protection Access to Saga Academy, our bespoke learning platform Main Responsibilities As our Head of Risk you will be responsible for the design, implementation and oversight of the risk and control framework used throughout SSL and Saga Money, covering all risk types.

Your accountabilities will include:
Ensuring that there is a fit for purpose, comprehensive, efficient and effective framework covering all risk, controls and procedures that are adopted by the first line. Leading the risk business partnering team across SSL, liaising as appropriate with the Head of Compliance and working as one with the compliance business partners. Ensuring that there is a clearly articulated and approved framework for risk appetite, and appropriate risk appetite measures and tolerances that support senior management decision making and formation of strategy.

Identifying, developing and deploying appropriate operational risk management tools, techniques and strategies to ensure operational risk management across Saga is value adding and contributes towards the overall strategy and performance of the business. Leading risk partners to work with the first line to map risks, processes, and control ownership clearly and accurately Designing and performing risk-based control testing covering all risks, documenting results, issues and remediation actions Actively promoting a risk culture that encourages appropriate risk taking, aligned to strategy and risk appetite, with effective and timely response to risk events Assisting in the formation, review and ongoing delivery of appropriate risk governance Presenting to relevant committees on relevant topics in enterprise or operational risk management.

Conducting targeted risk opinions and or deep dives across material risks or…