Prudential Risk Manager

Our client, a UK insurance and asset management company, is currently seeking a dynamic and skilled Risk Manager to join their Prudential Risk team. This vital role represents a significant juncture in the evolution of their Risk function, providing an opportunity to assist the Head of Prudential Risk within a compact yet busy team, an integral part of a larger Affluent Risk group.

Key Responsibilities:

Own Risk & Solvency Assessment (ORSA): Assisting in the oversight of the ORSA framework, advising on its development and implementation, and coordinating risk quantification, scenario, and stress testing activities.

Internal Capital Adequacy & Risk Assessment (ICARA): Contributing to the oversight of the ICARA framework, supporting its development and maintenance, and assisting in the execution of risk quantification and stress testing.

Financial & Regulatory Reporting: Playing a crucial role in drafting ICARA and ORSA reports, ensuring accuracy and timeliness in regulatory reporting, and developing risk content for various disclosures.

Financial Risk Oversight: Maintaining oversight of regulatory capital, liquidity, and financial risk appetite, including market, credit, and liquidity risks.

Regulatory Engagement: Facilitating and managing engagement with FCA/PRA on prudential matters, effectively addressing feedback.

About the Ideal Candidate:

The company values diversity and encourages applications from candidates with varied backgrounds. While prior ICARA/ORSA experience is desirable, it is not essential. Key attributes include strong organisational skills, an agile approach, and proven stakeholder engagement capabilities.

Our Client’s Purpose:

Their mission is to guide individuals through financial complexities, offering sound advice and investment solutions for secure financial futures. They are committed to excellence and customer-centricity, believing in the power of an inclusive culture and valuing every team member’s contribution.

Benefits:

Holiday: 26 days

Incentive Scheme: Eligibility for all employees, based on company performance and individual contribution

Pension Scheme: 10% non-contributory scheme, with options for personal contribution

Private Medical Insurance: Standard single cover, with options for enhancement

Life Assurance: 4x salary, with options for increase

Income Protection: 75% of salary payable after 26 weeks of absence

Additional flexible benefits available

This role offers the chance to be part of an organisation deeply committed to societal impact, providing financial guidance in challenging times. If one aspires to contribute to an industry-leading team, values inclusivity, and possesses the skills sought, our client invites applications for this exciting opportunity.