Senior Risk Manager

As Senior Risk Manager within the London P&C Risk Management team, you will directly report to the UK P&C Chief Risk Officer and be a key contact for other Senior leaders in the UK. 

In this role, you will be responsible for: 

• proactively leading the continuous improvement of the Risk Management Framework for SCOR UK and SCOR Syndicate whilst

• meeting all internal / commercial and external/regulatory expectations in a timely manner. 

This includes responsibility for coordinating second-line assessment and monitoring of the control environment, as well as providing challenge to business stakeholders’ risk and control self-assessments across these entities. You will produce impactful reporting on Risk matters to local Executive and Board Committees.

You will be a key contact person for first-line risk management stakeholders across the locally supported entities as well as the wider second-line SCOR Group Risk Management teams. In addition, you will lead or participate in Group Risk Management projects and analysis spanning various topics, in collaboration with other Risk colleagues from international teams.

The requirements of this position may evolve over time according to SCOR’s circumstances.

 Risk management framework and monitoring

• Assess and monitor the risk and control environment, in conjunction with the Group Operational Risk team.

• Monitor exposures against risk appetite and limits. 

• Lead second-line risk assessments (qualitative and quantitative). 

• Track incidents and control issues. Perform root cause analysis.

• Coordinate development of operational risk and other scenarios for local models.

Risk reporting & governance

• Develop and maintain risk registers, dashboards and risk metrics using data analytics.

• Support regulatory and audit requirements. Contribute to external risk reporting as requested

   

Link with the business teams

• Advise the business on risk identification, mitigation and controls, in coordination with the Group Operational risk team.

• Challenge first-line risk assessments and promote strong risk culture. 

   

Other ad-hoc and specific duties

• Lead or contribute to local and Group risk projects.

• Partnering with the business, identify and analyse emerging risks and trends

Experience: 

Proven working experience in a risk management position with increasing levels of accountability and extensive experience in Property & Casualty (re)insurance - ideally the London Market, both Company and Lloyd’s. Knowledge of UK regulatory risk management principles (including but not limited to risk analysis, standards and practices of operational risk management, ORSA, governance).

Personal Competencies and Skills:

• Strong analytical and data interpretation skills.

• Ability to produce clear and concise reporting.

• Excellent understanding of risk frameworks and governance.

• Strong stakeholder management across functions.

• Ability to challenge and influence senior stakeholders.

• Project management skills; able to deliver within deadlines, working in a change environment.

• Collaborative and pragmatic solutions-oriented approach.

• Strong written and verbal communication skills.

Education 

• Risk Management qualification or Bachelors degree in Risk Management, Business Administration, Economics, Actuarial Science or related. 

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.