Risk Assurance Lead

Posted 10 Days Ago
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London, Greater London, England
Senior level
Insurance
The Role
The Risk Assurance Lead at Everest Advisors will enhance the company's risk management system, focusing on risk assurance and internal controls within the non-life insurance sector. Responsibilities include developing assurance testing plans, conducting control reviews, overseeing policy adherence, and promoting a strong risk culture while collaborating across the business.
Summary Generated by Built In

Title:

Risk Assurance Lead

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Risk Management

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

The risk management function has created additional roles to support the growth of Everest’s international insurance business. As a key member of the risk management function within the second line of defence, the role holder will contribute to enhancing, embedding and maintaining the Company’s risk management system. With a particular focus on risk assurance, the role requires experience within the non-life insurance sector. The role holder will be self-motivated, well-organised and enthusiastic about contributing to the success of a rapidly growing business. The role requires excellent stakeholder management, interacting with multiple functional areas including underwriting, finance, compliance, claims, operations, senior management and colleagues in Everest international and group offices.

Role & Responsibilities (include but not limited to):

  • Through provision of dedicated thematic risk assurance reviews, lead the development and execution of an annual ‘Independent Assurance Testing (‘IAT’) plan to provide management with assurance regarding the operation of the control environment, recommending areas for improvement to drive operational efficiency and effectiveness.

  • Lead the development and execution of a risk based annual plan of control reviews to test the effectiveness of all internal controls against selected core business processes, recommending areas for improvement.

  • Provide oversight of the company’s policy framework, including undertaking policy adherence assessments and coordinating the annual policy attestation exercise.

  • Promote a strong risk culture.

  • Contribute to the continuous development, embedding and operation of the Company’s risk management framework to meet the needs of a rapidly growing business.

  • Provide advice, support, training and challenge to first line on risk management matters.

  • Support the company in identifying, monitoring, managing, reporting and analysing risks.

  • Work collaboratively with colleagues across the business to drive effective risk management.

Qualifications:

  • Risk management or audit qualification advantageous.

Knowledge, Skills & Competencies:

  • Experience within the non-life insurance sector.

  • Experience with risk management, internal audit, external audit or similar.

  • Excellent written and verbal communication skills, including ability to influence and write good quality reports.

  • Ability to demonstrate professional scepticism.

  • Ability to influence.

  • Strong problem solving and analytical skills.

  • An ability to plan work, manage time effectively and ensure timely completion of all deliverables.

  • Ability to develop effective working relationships across the business.

  • Self-motivated, with the capacity to work autonomously, as part of a team and across teams, managing multiple priorities.

  • Excellent Microsoft Office capabilities.

Giving opportunities is what we do best but you must have the right to live and work in the UK with no restrictions to be considered for this role.

Our Culture 

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.

  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
     

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:

Regular

Time Type:

Full time

Primary Location:

London

Additional Locations:

GDPR Privacy Notice | Everest (everestglobal.com)

The Company
HQ: Warren, NJ
3,485 Employees
On-site Workplace
Year Founded: 1973

What We Do

Everest Group, Ltd. (“Everest”) is a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions that address customers’ most pressing challenges. Known for a 50-year track record of disciplined underwriting, capital and risk management, Everest, through its global operating affiliates, is committed to underwriting opportunity for colleagues, customers, shareholders, and communities worldwide. Everest is in over 100 countries across 6 continents. We provide the world with protection, we underwrite more than risk, we underwrite opportunity.

Everest Group, Ltd. is listed on the New York Stock Exchange (NYSE: EG) and is a component of the S&P 500 index.

FINANCIAL STRENGTH RATINGS
A+ by A.M. Best
A+ by S&P
A1 by Moody's

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