Senior Risk Manager, Financial and Proposition Risk
Core
Provide second-line oversight, review, and challenge on product, proposition, insurance, and ALM financial risks to ensure governance decisions align with risk appetite and customer outcomes.
Role type
Senior Risk Manager (Financial and Proposition Risk)
Builds
Balanced, long-term investment and savings solutions for UK life insurance and pension products.
Domain
UK Life Insurance, Pensions, Financial Services Regulation, Asset Liability Management (ALM)
Required skills
UK life insurance product expertise, UK financial services regulation, Solvency II/UK capital and reserving, insurance and market risk modeling, ALM principles, reinsurance structures, strategic asset allocation, risk appetite framework interpretation
Preferred skills
Actuarial modeling, product pricing, investment risk analysis, stress and scenario testing, longevity and mortality risk assessment
Technologies
None explicitly stated
Responsibilities
Review proposition and product development materials for risk and customer outcome alignment; Challenge investment strategy and hedging proposals on product economics and ALM positions; Monitor market and regulatory developments impacting risk exposures; Lead thematic reviews and assurance activities on product and insurance risks; Prepare evidence-based risk opinions and committee papers for senior governance; Engage with first-line teams and senior stakeholders to promote risk culture
Seniority
Senior, hands-on IC
