Job Description:

Job information Senior Insurance Risk Manager from the Company Beazley Management Limited, this latest Senior Insurance Risk Manager job vacancy is located in the city London ECN located in the country United Kingdom . This latest job opening is open to job seekers who have the latest education / graduate GCSE . Job Vacancies in this Religious field have been opened and published up to the specified time.

Job Responsibility:

General: Job Title: BFL Senior Risk Manager (Insurance Risk) Key Relationships: Group Risk and Compliance, Group Actuarial (incl. Capital Modelling, Reserving and Pricing), Ceded Reinsurance, Exposure Management, Underwriting, Investments. Job Summary: The role will deliver a broad range of risk management activities, with a particular focus on insurance and financial risk. This will involve producing risk reports and analysis (including the BFL ORSA), providing review and challenge of first line processes, performing deep-dive reviews on specific risk areas, as well as supporting the risk team with delivering on the wider risk management framework. This role is most likely to suit a qualified actuary, or someone with equivalent experience, who has significant experience in risk management. Key Responsibilities

• Provide challenge of BFL's first line processes around insurance and financial risk, including reserving, pricing, capital modelling, business planning, underwriting, outwards reinsurance, exposure management and investments.
• Produce risk reporting and opinions, including deep-dive reviews on key risks and hot topics influencing BFL's risk profile, to support reporting to internal and external stakeholders.
• Support the delivery of the BFL Own Risk and Solvency Assessment (ORSA) for BFL's various entities, particularly those sections relating to insurance and financial risk.
• Support the first line in developing risk management capabilities (e.g. model risk) and facilitate the delivery of certain key submissions (e.g. CBES, IST).
• Support with the development of the wider BFL risk management framework.

General At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley's core values and behaviours.

• Adopt the Beazley culture of professionalism, integrity, effectiveness and dynamic attitude that contributes to an internal environment of teamwork and promotes a positive brand image and experience to our external customers.
• Comply with BFL's procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct Rules. Undertake training on Beazley policies and procedures as delivered by your line manager, Culture and People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all BFL customers.
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, Culture and People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, BFL's underwriting control standards, BFL's claims control standards, other Beazley standards and customer relationship management.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Personal Specification: Education and Qualifications

• Qualified actuary preferred.

Skills and Abilities

• Methodical approach to problem solving, with a high attention to detail.
• Ability to act pragmatically in the face of new challenges and exercise sound judgements based on overall business needs.
• Excellent interpersonal, communication skills, and ability to tailor communication to both technical and non-technical audiences.
• Ability to prepare comprehensive well written reports for internal and external stakeholders.
• Proven project management and organisational skills with track record of delivering projects to strict deadlines.
• Results oriented, with the energy and determination to succeed in a fast-paced environment
• Advanced proficiency in using Microsoft Office.

Knowledge and Experience

• Experience of working as a risk actuary within the Lloyd's Market would be a significant advantage, with knowledge of Solvency II requirements, risk management and actuarial principles.
• Experience of providing challenge across any of the following areas would be an advantage: reserving, pricing, capital modelling, business planning, underwriting, outwards reinsurance, exposure management and investments.
• Experience in providing risk challenge to the first line and producing and presenting risk analysis to internal and external stakeholders.
• Interest in gaining a deeper understanding of insurance and financial risk management in the Lloyds' / London Market.

Aptitude and Disposition

• Outcome focussed, self-motivated, agile and flexible
• Technically innovative, a problem solver and solution builder
• Professional approach to interact successfully with colleagues
• Able to work with multi-cultural and multi-location teams
• Ability to work closely in a team environment and develop productive working relationships
• Willingness to learn and achievement drive

Competencies

• Information seeking
• Problem solving
• Technical expert
• Time management
• Influencing others
• Quality focused
• Initiative
• Customer focused
• Analytical thinking
• Team working

Who We Are: Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons. Our Culture We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.

• Be bold
• Strive for better
• Do the right thing

Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this. We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success. Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include:

• Beazley RACE - Including, understanding and celebrating People of Colour
• Beazley SHE - Successful, High potential, Empowered women in insurance
• Beazley Proud - Our global LGBTQ+ community
• Beazley Wellbeing - Supporting employees with their mental wellbeing
• Beazley Families - Supporting families and parents-to-be

We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:

• Internal Pathways (helping you grow into an underwriting role)
• iLearn (our own learning & development platform)
• LinkedIn Learning
• Mentorship program
• External qualification sponsorship
• Continuing education and tuition reimbursement
• Secondment assignments

The Rewards

• The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, global organization
• Attractive base compensation and discretionary performance related annual bonus
• Private medical insurance coverage for both you and your dependents
• Company paid life assurance and long term disability insurance
• Pension with 10% employer contribution, plus a further matched contribution up to 2.5%
• 25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year.
• Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
• Up to £550 reimbursement towards home office setup
• Free in-office lunch and monthly lifestyle allowance
• Monthly travel allowance or annual season ticket
• The opportunity to save for, and purchase, shares of Beazley stock
• Six months fully paid parental leave, regardless of how you come to parenthood
• Company paid sabbatical up to 12 weeks after 10 years of continued service
• Support with exam/study leave and fees for relevant qualifications related to furthering education
• Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business

Don't meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles. Keywords : London jobs
Closed Date : 2025-08-18