Head of Insurance Risk – £120K+ recruitment

Head of Insurance Risk - Life Pensions - Thames Valley - £120K+

A leading worldwide Life Pensions business with its UK base in Basingstoke is currently seeking to hire a permanent Head of Insurance Risk. Reporting to the CRO the Head of Insurance Risk will support the UK CRO in providing an independent and aggregated view of all existing and emerging Insurance risks facing the business. In addition, they will provide oversight of the ALM and MRTL (Market Risk Tolerance Limits). The Head of Insurance Risk will also carry out the role of Actuarial function holder for the business.

This person will be responsible for providing advice, co-ordination, challenge and control processes to the business in support of their management of these risks including risk identification, analysis, measurement, mitigation and reporting.

The role holder will lead the risk oversight of the Solvency II Internal Model and Economic Capital Model frameworks and their governance arrangements, in conjunction with the CRO, and functional areas (Actuarial, Finance, etc).

Essential Experience/Skills:

* Fellow of the Institute and Faculty of Actuaries
* Proven track record in the management of insurance risk within a life insurer, not necessarily within a risk function.
* Strong quantitative risk experience.
* Proven people management skills.
* Broad understanding of all risk areas, including risk governance and risk appetite monitoring.
* Knowledge of best practice and emerging developments in similar multinational organisation.
* Understanding of SII and FSA regulatory requirements.
* Strategic awareness and capability - Capacity to take a whole view of the business and see the links with key issues and implications.
* Analysis and mental agility - ability to hold different perspectives, seeing patterns and hot spots from complex data.
* Influencing and networking - Builds appropriate external professional contacts and good internal network with Business Units.
* Business acumen - Demonstrates good, broad, commercial intuitive judgement reflecting internal and external perspective.
* Collaborative team working - Uses energy and skill of the most appropriate people to achieve goals and works effectively across business boundaries.
* Inspirational Leadership - Manages own impact effectively to lead and inspire others.
* Organisation and Planning - Successfully plans to manage complex activities and uses contingency planning, prioritisation and delegation to achieve timely completion.

This is a fantastic opportunity for a Head of Insurance Risk to join a fantastic Life Pensions business at an exciting time.

If you feel this role is right for you please get in contact with an up to date CV and I will be in contact to discuss this opportunity in more detail.