Edenbrook are partnering with a leading global specialty insurer on a Financial Risk Manager opportunity.
Responsibilities
• Support the Head of ERM by providing challenge, oversight, and risk opinions on financial-risk matters including capital, reserving, product design and pricing, exposure management, business planning, solvency, and climate-related issues
• Lead the independent validation of the internal model to meet Lloyd’s and PRA requirements; perform annual parameterisation reviews and updates for operational risk modelling
• Coordinate and manage external consultancies in the delivery of projects
• Contribute to the development, implementation, and embedding of risk appetite statements and related metrics
• Support Risk and Control Self Assessments (RCSA) for financial-risk areas, including emerging and climate-related risks
• Support production of the Own Risk and Solvency Assessment (ORSA), including coordination of stress and scenario testing
• Represent the financial risk function at relevant committees and sub-committees
• Build strong working relationships with internal stakeholders and external advisors
• Support strategic and regulatory projects, regulatory reporting, and responses to regulatory enquiries
• Maintain up-to-date knowledge of technical developments, regulations, and professional guidance, and deepen understanding of the business and its strategy
• Assist with other Legal, Risk, and Compliance activities as required
Knowledge and Skills
• Part-qualified or nearly qualified actuary with general insurance experience
• Experience within the Lloyd’s market in a Capital or Risk function (preferred)
• Strong technical skills in data manipulation using Excel and analytical tools; ability to design solutions for complex problems using technology
• Proven ability to produce board-level reports and communicate complex topics to varied audiences
• Excellent time-management skills and ability to handle competing priorities
• Effective collaborator across functions such as Underwriting, Claims, and Finance, with strong stakeholder-management skills
• High level of accuracy, attention to detail, and a diligent working approach
