Job Title :

New Business Risk Manager

Interest Category :

Risk Management

Business Unit :

Payment Protection Insurance

Salary:

£60-90,000 plus excellent benefits

 

 

Location:

London , Chiswick Park

 

 

Description :

Our client is a leading insurance company, serving the lifestyle protection, retirement income, investment and mortgage insurance needs of more than 15 million customers, and has operations in 24 countries, including the United States , Australia , Canada , Japan , Mexico , New Zealand , the United Kingdom and 17 other European countries.

 

To champion new business risk management for our clients PPI business, working with Sales, Pricing, Finance, Product and Business development teams in identification and analysis of new business risks. A high profile role with ownership for the approval process for PPI deals within a specified business Risk Appetite, providing a key role in the drive for responsible business growth.

 

This is the number 2 position in a 10 person Risk department – reporting to the Risk Director.


Responsibilities:
-Chairperson of Deal Review Committee responsible for the approval process of new business proposals within delegated authority limits assigned by Risk Committee.
-Responsibility to ensure that identification, analysis and quantification of risks by all technical functions are completed for new PPI business opportunities, including development and enhancement of existing process.
-Responsibility for Risk Committee calendar in relation new business approvals and quarterly post approval status reviews.
-Responsible for monitoring and evaluation of Product (Insurance) Risk policy statement including PPI Underwriting Manual, with responsibility to identify requirement for redefinitions and additions to guidelines for new business/deals where necessary.
-Provide technical insurance guidance to sales and operational teams, as appropriate. Including development and delivery of new business risk training program for regional teams.
-Contribute and lead strategic business initiatives and opportunities where appropriate.

Qualifications and Experience:
Essential:
-Degree in Statistical/Numerical content
-Professional Qualifications in Actuarial and/or Accountancy/ ACII Qualification
-A Minimum of 10 years Insurance /or Financial Services experience
-Fluent in English
-Demonstration of strong Presentation Skills to Senior Management

Desired:
-Additional European Language


Key Qualities:
-Effective relationship builder at all levels of the organisation, effective influencing skills essential
-Strategic and analytical thinker, with strong Planning and problem solving skills
-Demonstration of Leadership qualities, coach and mentor
-Self-motivated, high energy levels with ability to work well under pressure
-Team orientated with culturally diverse groups but also ability to work independently

 

To apply for this outstanding opportunity please send your CV in Word format with covering email to: ian.kaye@isk.ltd.uk