Head of Financial Risk recruitment
You will manage a team of 12 people and be responsible for providing the the Chief Risk Officer with specialist insight and analysis of all financial risks impacting NFU Mutual. As well as having ownership for the Group's Internal Model, you will be expected to develop and embed the Group's Own Risk and Solvency Assessment (ORSA) framework across all areas of the business. The role holder will be expected to manage and motivate the team, drive the function forward and influence key stakeholders to raise the profile of risk across the Group. Responsibilities will include, but not be limited to, the following:
Development, management and maintenance of the Group's internal model
Developing effective strategy, policy and structures for financial risk management
Ownership of the Group's general insurance and life actuarial models
Management of the Group's ORSA process
Co-ordination of financial risk management initiatives and risk management reporting
People management and development
This is a senior leadership role within NFU Mutual that will provide the role holder a real opportunity to influence the business.
You will probably be professionally qualified with the Chartered Institute of Insurance and have either Financial Risk Manager/Professional Risk Manager (or equivalent) qualifications. Equally, you may be a qualified actuary or someone with relevant practical experience. Critically, you will have extensive, practical risk management experience and knowledge of the insurance industry. In addition to this, prior exposure to Solvency II development and implementation would be an advantageous. The role demands the following attributes:
Strong leadership skills
Technical competence and understanding of risk management
Excellent communication and influencing skill
Strong report writing and presentation skills
An understanding of stochastic and actuarial modeling techniques
This is a leadership role that requires an individual with strong influencing and people management skills, combined with technical knowledge and a willingness to be 'hands on'. The role represents an excellent opportunity to join a growing, successful and stable organisation at an exciting stage of its development.
NFU Mutual has developed significantly in the 100+ years since it began and is proud of its status as one of the UK's leading insurers. The organisation has won countless awards for its various products and services and continues to go from strength to strength; currently its turnover is circa 1.5billion. Being a mutual means the organisation can take a long term view and offer stability to both its employees and its members. NFU Mutual are based in beautiful Stratford-upon-Avon in the Warwickshire countryside and have a stunning head office with fantastic facilities including a swimming pool.
The organisation has extremely low staff turnover and prides itself on effectively managing the careers of its employees, NFU Mutual is truly one of the Midlands leading employers.
Where specific UK qualifications are required we will take into account overseas equivalents. All third party applications will be forwarded to Michael Page.
