Establish and run a First Line of Defence for underwriting: own the Risk and Control Matrix, quantify inherent risk and appetite, implement controls and assurance frameworks, centralize and oversee control operations, and provide Underwriting leadership with aggregated risk visibility and effective corrective actions.
You will establish a lean but effective First Line of Defence (FLOD) capability that will give Underwriting Leadership the oversight and assurance they need to effectively and efficiently manage risk across the taxonomy.
About the role
- Embed and own the Risk and Control Matrix for Underwriting; ensure risks are well understood and ownership is clear, ensure inherent risk is quantified, risk appetite is defined and ensure adequate controls are operating effectively to bring residual risk into appetiteEstablish efficient governance that allows the Underwriting leadership team to see an aggregated view of the risks they are accountable for and how effectively controls are mitigating those risks, supplemented by other Key Risk Indicators (e.g. audit points) that facilitates timely and effective management interventions
- Build an assurance framework that ensure the ongoing effectiveness of the Risk and Control matrix and highlights any corrective actions needed
- Establish an effective FLOD operating model; centralizing control operation where it is beneficial to do so and ensuring oversight and assurance where it makes more sense to for controls to be operated by specialist functions
- Ensure we can evidence an effective UW FLOD
About you
- Must be able to engage with multiple levels of management and stakeholders – both internal and external, and influence them to drive change
- Highly organised with the ability to balance competing priorities and work to meet tight deadlines
- Able to work with a level of autonomy and pro-activity
- Resilient and able to operate effectively and accurately under pressure
- Good communications skills, courtesy and patience
- Confident, energetic and assertive
- Ability to understand their work in the broader context of CFC’s strategy
Core Values
Love what you do:
We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
Challenge everything:
We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.
Have fun, be good:
Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.
We show up each day ready to take on the world. Our passion and intensity set us apart and makes the difference to our colleagues, customers, brokers and carriers.
Challenge everything:
We’re never afraid to question the way that things are done and we constantly challenge ourselves and others to makes things better.
Have fun, be good:
Insurance is a serious business, but we don’t take ourselves too seriously. We make it fun to work at CFC, we welcome all viewpoints, and we treat everyone how we would expect to be treated.
About
CFC is a specialist insurance provider, pioneering emerging risk and market leader in cyber. Our global insurance platform uses cutting-edge technology and data science to deliver smarter, faster underwriting and protect customers from today's most critical business risk.Headquartered in London with offices in New York, Melbourne, Sydney, Austin, Madrid, Brussels and Brisbane, CFC has over 1200 staff and is trusted by more than 100,000 businesses across 90 countries.At CFC, insurance isn't just about underwriting. From data science to software development, and digital marketing design, we've got something for everyone. We're passionate about pushing boundaries, thinking differently and building the insurance company of the future.CFC is committed to the principles of equal opportunities and creating an environment in which all individuals are always treated with dignity and respect. We encourage a diverse corporate culture of openness and appreciation to create an environment in which your talent can be developed in the best possible way. Should you require any reasonable adjustments at any stage of the recruitment process please let us know.Feeling like you need to tick every box before applying? We see things differently. In a rapidly scaling company like ours, ambition and the drive to learn count for more than a 'perfect' checklist. We're building the future of insurance, and that requires diverse talent eager to grow with us. If this role excites you and you're ready to make a significant impact, bring your unique background and let's build something great together.
CFC London, England Office
London, United Kingdom
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