Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Lloyd’s are seeking to recruit a Manager, Financial Risk (Syndicate Capability Risk). You will deliver independent second-line assurance over Lloyd’s Principles Based Oversight framework, providing high-quality reviews, analysis and insight into how first-line oversight activities manage risk and achieve regulatory objectives. The role will support the Senior Manager in delivering the PBO assurance plan, preparing risk opinions, engaging with governance processes, and contributing to capability building across the team
Principal Accountabilities
Assurance Delivery
Lead and deliver assurance reviews of PBO principles, controls and oversight practices.
Execute thematic reviews in line with the multi-year assurance plan.
Assess oversight design and effectiveness and articulate findings clearly.
Support development of formal Risk Opinions on material changes to the Oversight Framework.
Track remediation actions and support closure of findings
Risk Analysis & Insight
Analyse risk to identify patterns, weaknesses and emerging risks in oversight.
Contribute to the formal risk assessment of the annual Market Oversight Plan.
Draft sections of governance papers, assurance reports and committee materials.
Support synthesis of review outcomes into forward-looking risk insight.
Stakeholder Engagement
Engage professionally with first-line teams and oversight functions.
Act as a credible and constructive challenger to oversight owners.
Build working relationships across first- and second-line teams.
Support the Senior Manager in interactions with governance committees as required.
Continuous Improvement
Contribute to development of assurance methodology, templates and standards.
Support improvements to oversight effectiveness through practical recommendations
Promote strong documentation, reporting and quality assurance discipline within the team.
Skills Knowledge and Experience
Experience in Risk management, internal audit, assurance or regulatory oversight.
Experience in Operating model reviews, governance frameworks or control environments.
Demonstrable experience of, Designing and delivering assurance programmes.
Producing senior-level reporting and risk opinions.
Financial services risk frameworks experience.
Principles-based regulation and supervision models experience.
Track Record within Governance and oversight structures.
Insurance, reinsurance or London Market experience.
Experience within Regulatory or supervisory environments.
Experience of a principles based approach.
Written communication skills; able to articulate complex judgement clearly and concisely.
Proven ability to operate independently, prioritise effectively and manage ambiguity.
Professional qualifications (e.g. actuarial, risk, audit, accounting, legal) or equivalent experience.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancyTop Skills
Lloyd's London, England Office
One Lime Street, London, United Kingdom, EC3M 7HA
