Head of Underwriting Governance and Controls

• Establish a lean but effective First Line of Defence (FLOD) capability for Underwriting
• Provide Underwriting Leadership with oversight and assurance to manage risk across the taxonomy
• Embed and own the Underwriting Risk and Control Matrix
• Ensure risks are understood, ownership is clear, inherent risk is quantified, risk appetite is defined, and controls operate effectively
• Establish governance giving Underwriting leadership an aggregated view of accountable risks and control effectiveness
• Use Key Risk Indicators, including audit points, to support timely management interventions
• Build an assurance framework to monitor the Risk and Control Matrix and identify corrective actions
• Establish an effective FLOD operating model, centralizing control operation where beneficial and coordinating specialist-function oversight where appropriate
• Evidence an effective Underwriting FLOD

• Ability to engage with multiple levels of internal and external management and stakeholders
• Ability to influence stakeholders and drive change
• Highly organised, balancing competing priorities and meeting tight deadlines
• Ability to work autonomously and proactively
  
  Resilience and ability to operate effectively and accurately under pressure
• Good communication skills, courtesy and patience
• Confident, energetic, and assertive
• Ability to understand work in the broader context of CFC’s strategy

Demonstrates expertise in establishing and managing a First Line of Defence (FLOD) capability for Underwriting, ensuring effective risk management and control frameworks. Proficient in engaging stakeholders, influencing change, and maintaining oversight of risk and control effectiveness.

• Underwriting Risk Management
• Risk and Control Matrix
• Key Risk Indicators
• Stakeholder Engagement
• Governance Framework

• Influencing Stakeholders
• Organizational Skills
• Resilience
• Communication Skills
• Proactive Work Ethic

• First Line of Defence
• Risk Appetite
• Audit Points
• Control Effectiveness
• Assurance Framework