Senior Risk Manager - Global Insurance Group

Job Description

Woodland Partners are delighted to be working with this rapidly expanding global Insurance Group in the search for their new Senior Risk Manager. Reporting into the Chief Actuary this role will lead the development and execution of the risk management framework, ensuring effective risk identification, mitigation, reporting, and regulatory compliance for the organisation.

• Develop, maintain and enhance the syndicate’s Risk Management Framework (RMF)
• Collaborate with external advisers on the operation of the Risk Committee.
• Coordinate the risk event and issue management process, including root cause analysis and lessons learned.
• Identify and mitigate emerging risks
• Develop, maintain and evolve the Syndicate Risk Register; challenging ratings and escalating to CRO where appropriate.

• Perform annual update and cascade of Syndicate Risk Appetites, including translation into metrics and thresholds.
• Monitor risk exposures against thresholds and deliver clear MI and dashboards to senior stakeholders and board.

• Contribute to stress tests and validation processes for Capital Models.
• Work with external advisers to the Own Risk and Solvency Assessment (ORSA), including scenario design, aggregation, and narrative drafting.
• Develop and monitor stress and reverse stress testing frameworks.
• Link outputs to strategic planning, reinsurance structure, and capital requirements.
• Assist in preparing validation reports for regulatory compliance.

• Support responses to Lloyd’s and FCA/PRA requests, thematic reviews, and CPG maturity assessments.
• Work with internal audit and second line to test control effectiveness and risk culture.
• Ensure risk policies are reviewed, documented, and aligned with industry good practice.

• Partner with business functions to promote risk awareness and ownership.
• Lead or participate in risk training sessions, deep dives, and thematic reviews.
• Drive continuous improvement of risk tools and reporting.

• Degree in Risk Management, Actuarial Science, Finance, or Business
• Professional qualification (e.g., IRM, CERA, FIA/FFA)
• Minimum 5 years in risk management
• Experience of the Lloyd’s market.

This is an exceptional opportunity to join an organisation at a period of growth and development. Excellent development and promotional opportunities exist.

Insurance experience is absolutely imperative