Senior Risk Manager

Experience a rewarding opportunity to join Covéa Insurance as a Senior Risk Manager
, working within Technical & Digital Risk.

At Covéa Insurance we protect what matters most—home, car, or business—delivering award‑winning customer service across a wide range of insurance products.

City Of London, England, United Kingdom

💸Up to £87,000 (Dependent on Experience)

📍Hybrid position: work from home and spend 1-2 times a month in our Halifax office.

• Risk Framework & Culture:
  Drive a strong risk culture and embed an effective risk framework across the business. Deliver confident second‑line challenge on digital initiatives and ensure clear ownership of controls and issues.
• Risk Identification & Assessment:
  Lead end‑to‑end risk assessment, including RCSAs and deep‑dives into major tech and change risks. Test control effectiveness, analyse root causes and keep exposures within appetite.
• AI, Data & Model Risk Governance:
  Set the governance agenda for AI and machine learning. Define and enforce standards on AI ethics, data privacy and algorithmic accountability, while overseeing model validation and monitoring to support safe, responsible innovation.
• Cybersecurity & Cloud Oversight:
  Provide sharp oversight of cybersecurity, IT infrastructure, and cloud risks. Partner with IT and Security to ensure strong controls aligned to ISO/IEC 27001 and NIST, track emerging threats, and drive timely mitigation.
• Regulatory Compliance & Reporting:
  Ensure alignment with PRA/FCA expectations and industry standards. Produce high‑quality risk reporting (including ORSA), manage regulatory interactions and stay ahead of evolving guidance on AI, data and model risk.
• Stakeholder Engagement:
  Act as a trusted advisor to senior leaders. Deliver clear, authoritative challenge, translate complex tech risks into business‑ready insights and influence decisions up to Board level to keep the firm within appetite.

• Strong second‑line risk background in UK general insurance, with solid understanding of underwriting, claims and core operations.
• Deep knowledge of ERM tools (RCSAs, KRIs, risk registers) and UK regulatory frameworks including Solvency II and PRA/FCA expectations.
• Proven capability across AI/ML, data governance, cyber and cloud. Confident challenging IT and data science teams using frameworks such as COBIT, NIST and ISO 27001.
• Skilled at engaging senior stakeholders and executives, delivering clear challenge and driving cross‑functional alignment on risk decisions.
• Relevant degree with desirable professional credentials (IRM, CISSP/CISM, CRISC).
• Strong awareness of data protection and emerging AI ethics standards.

Not sure if you tick every box? That’s okay! At Covéa we know that great people don’t always meet every single requirement listed in a job ad. If this role excites you and you think you could be a good fit, we’d love to hear from you – so go ahead and apply! We’re all about building a diverse, inclusive team where everyone can thrive.

• Flexible working – 36.25 hours a week with flexitime & hybrid options
• Annual pay review – plus performance bonuses (up to 30 % depending on level)
• Generous holidays – 25‑27 days + bank holidays, with buy/sell options
• Pension perks – 7.5 % employer contribution, rising to 9 % with your input
• A culture where everyone belongs – we’re committed to diversity, equity & inclusion, with real action, employee‑led community groups and ongoing learning to make Covéa a place where everyone can thrive
• Mental & financial support – through our dedicated Wellbeing group
• Career growth – training, qualifications & apprenticeships to help you thrive
• Health & wellbeing – private medical cover, 24/7 Virtual GP, health checks, flu jabs & more
• Drive in style – Tusker Car Scheme with fully maintained insured vehicles
• Extra savings – gym discounts, Cycle to Work and retail offers via Perkpal
• And much more!

Excited about this opportunity? So are we!

Apply today and be part of our journey.

As a Disability Confident Employer, we’re committed to fair and accessible recruitment. If you need any adjustments, support or alternative application options during the Recruitment process, then please reach out to Megan Barraclough or one of our Team at r

Applicants must currently reside in the United Kingdom and possess full and unrestricted right to work in the UK. Unfortunately, we are unable to offer Visa sponsorship for this role.