437 Financial Risk Manager jobs in the United Kingdom

Your new company
Global (Re)insurer (confidential)

Your new role
The role sits within the Risk & Compliance function and reports directly to the CRO, where you'll oversee the effective operation of the company's management of key financial risks relating to capital, liquidity, reserves/technical provisions, investments, pricing, reinsurance etc.

What you'll need to succeed
It's a great fit for someone with ideally 5+ years' work experience, from an actuarial background, who's looking to step into a strategic leadership role with real influence across the business.

Previous knowledge of financial risk management methods and principles is essential, but they are flexible regarding the candidate's background, so they could be from either a non-life or life background.

What you'll get in return
They can offer a competitive base salary of up to c. £85k (DoE) with excellent benefits and bonus.
Flexible working options available.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

Salary - Open to discussion

Location - London

Hybrid - 3 days per week

Lutine Bell are currently supporting a well-established Global Insurance firm based in London to appoint a Financial Risk Manager.

Key Responsibilities:

• Strategic Risk Leadership : Support and deputise for the CRO, shape the risk management strategy, and deliver the annual risk plan.
• Governance & Oversight : Represent risk at key committees and oversee the management of financial risks (capital, liquidity, reserves, pricing, investments, reinsurance).
• Provide Oversight & Challenge of the company’s underwriting portfolio, business plans, balance sheet, investment portfolio, and Solvency II (standard formula) SCR calculation.
• Risk Appetite & Frameworks : Lead on setting, cascading, and monitoring risk appetite; ensure effective enterprise risk management practices.
• Advisory & Culture: Provide guidance, training, and leadership across the business, embedding risk awareness and supporting special projects.

Requirements:

• At least 4 years’ work experience of finance, actuarial, risk management or related work in general insurance market
• Broad finance, actuarial, or risk management background who is familiar with the day-to-day operations of an Insurance company
• Good understanding of financial risk management methods and principles
• Good knowledge of the requirements of Solvency II and capital modelling
• Bachelor's degree or above in finance, economics, risk management, actuarial or related fields

Salary - Open to discussion

Location - London

Hybrid - 3 days per week

Lutine Bell are currently supporting a well-established Global Insurance firm based in London to appoint a Financial Risk Manager.

Key Responsibilities:

• Strategic Risk Leadership : Support and deputise for the CRO, shape the risk management strategy, and deliver the annual risk plan.
• Governance & Oversight : Represent risk at key committees and oversee the management of financial risks (capital, liquidity, reserves, pricing, investments, reinsurance).
• Provide Oversight & Challenge of the company’s underwriting portfolio, business plans, balance sheet, investment portfolio, and Solvency II (standard formula) SCR calculation.
• Risk Appetite & Frameworks : Lead on setting, cascading, and monitoring risk appetite; ensure effective enterprise risk management practices.
• Advisory & Culture: Provide guidance, training, and leadership across the business, embedding risk awareness and supporting special projects.

Requirements:

• At least 4 years’ work experience of finance, actuarial, risk management or related work in general insurance market
• Broad finance, actuarial, or risk management background who is familiar with the day-to-day operations of an Insurance company
• Good understanding of financial risk management methods and principles
• Good knowledge of the requirements of Solvency II and capital modelling
• Bachelor's degree or above in finance, economics, risk management, actuarial or related fields

Salary - Open to discussion

Location - London

Hybrid - 3 days per week

Lutine Bell are currently supporting a well-established Global Insurance firm based in London to appoint a Financial Risk Manager.

Key Responsibilities:

• Strategic Risk Leadership : Support and deputise for the CRO, shape the risk management strategy, and deliver the annual risk plan.
• Governance & Oversight : Represent risk at key committees and oversee the management of financial risks (capital, liquidity, reserves, pricing, investments, reinsurance).
• Provide Oversight & Challenge of the company’s underwriting portfolio, business plans, balance sheet, investment portfolio, and Solvency II (standard formula) SCR calculation.
• Risk Appetite & Frameworks : Lead on setting, cascading, and monitoring risk appetite; ensure effective enterprise risk management practices.
• Advisory & Culture: Provide guidance, training, and leadership across the business, embedding risk awareness and supporting special projects.

Requirements:

• At least 4 years’ work experience of finance, actuarial, risk management or related work in general insurance market
• Broad finance, actuarial, or risk management background who is familiar with the day-to-day operations of an Insurance company
• Good understanding of financial risk management methods and principles
• Good knowledge of the requirements of Solvency II and capital modelling
• Bachelor's degree or above in finance, economics, risk management, actuarial or related fields

Salary - Open to discussion

Location - London

Hybrid - 3 days per week

Lutine Bell are currently supporting a well-established Global Insurance firm based in London to appoint a Financial Risk Manager.

Key Responsibilities:

• Strategic Risk Leadership : Support and deputise for the CRO, shape the risk management strategy, and deliver the annual risk plan.
• Governance & Oversight : Represent risk at key committees and oversee the management of financial risks (capital, liquidity, reserves, pricing, investments, reinsurance).
• Provide Oversight & Challenge of the company’s underwriting portfolio, business plans, balance sheet, investment portfolio, and Solvency II (standard formula) SCR calculation.
• Risk Appetite & Frameworks : Lead on setting, cascading, and monitoring risk appetite; ensure effective enterprise risk management practices.
• Advisory & Culture: Provide guidance, training, and leadership across the business, embedding risk awareness and supporting special projects.

Requirements:

• At least 4 years’ work experience of finance, actuarial, risk management or related work in general insurance market
• Broad finance, actuarial, or risk management background who is familiar with the day-to-day operations of an Insurance company
• Good understanding of financial risk management methods and principles
• Good knowledge of the requirements of Solvency II and capital modelling
• Bachelor's degree or above in finance, economics, risk management, actuarial or related fields

Your new company
Global (Re)insurer (confidential)

Your new role
The role sits within the Risk & Compliance function and reports directly to the CRO, where you'll oversee the effective operation of the company's management of key financial risks relating to capital, liquidity, reserves/technical provisions, investments, pricing, reinsurance etc.

What you'll need to succeed
It's a great fit for someone with ideally 5+ years' work experience, from an actuarial background, who's looking to step into a strategic leadership role with real influence across the business.

Previous knowledge of financial risk management methods and principles is essential, but they are flexible regarding the candidate's background, so they could be from either a non-life or life background.

What you'll get in return
They can offer a competitive base salary of up to c. £85k (DoE) with excellent benefits and bonus.
Flexible working options available.

What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.

Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C's, Privacy Policy and Disclaimers which can be found at hays.co.uk

• Develop, implement, and maintain comprehensive risk management frameworks, policies, and methodologies across various risk types.
• Conduct in-depth analysis of financial risks, including stress testing, scenario analysis, and value-at-risk (VaR) calculations.
• Monitor and report on the firm's risk profile to senior management, the board of directors, and regulatory bodies.
• Identify emerging risks and recommend proactive strategies for mitigation.
• Ensure compliance with relevant financial regulations (e.g., Basel Accords, Solvency II, CRR/CRD IV) and industry best practices.
• Collaborate with business units to embed a strong risk culture and ensure risks are appropriately identified and managed at the source.
• Develop and enhance risk models and methodologies, ensuring their accuracy and effectiveness.
• Lead and mentor a team of risk professionals, providing guidance and fostering professional development.
• Oversee the risk appetite framework and ensure adherence to established limits.
• Respond to internal and external audit findings and implement necessary remediation actions.

• Master's degree or equivalent in Finance, Economics, Mathematics, Statistics, or a related quantitative field.
• Minimum of 7 years of experience in financial risk management within the banking or financial services industry.
• Proven expertise in market risk, credit risk, operational risk, and/or liquidity risk.
• Strong understanding of financial instruments, trading activities, and capital markets.
• In-depth knowledge of regulatory requirements and frameworks applicable to financial institutions.
• Proficiency in risk modeling software, quantitative analysis tools, and programming languages (e.g., Python, R, SQL).
• Exceptional analytical, problem-solving, and critical thinking skills.
• Strong leadership, communication, and interpersonal skills, with the ability to influence stakeholders at all levels.
• Professional certifications such as FRM or PRM are highly desirable.
• This position is fully remote , requiring self-motivation and the ability to manage workload effectively without direct supervision.

• Develop, implement, and maintain robust risk management policies and procedures.
• Conduct comprehensive risk assessments, including credit risk, market risk, operational risk, and liquidity risk.
• Monitor and analyse key risk indicators (KRIs) and provide regular reports to senior management and the board.
• Design and execute stress testing and scenario analysis to evaluate the firm's resilience to adverse market conditions.
• Collaborate with business units to ensure effective risk mitigation strategies are in place.
• Stay abreast of evolving regulatory requirements (e.g., Basel III/IV, Solvency II) and ensure compliance.
• Contribute to the development and enhancement of risk models and methodologies.
• Provide guidance and training to staff on risk management best practices.
• Investigate and report on any significant risk events or breaches.
• Manage relationships with external auditors and regulatory bodies concerning risk management matters.

• Master's degree in Finance, Economics, Mathematics, or a related quantitative field.
• A minimum of 6 years of progressive experience in financial risk management within the banking or financial services sector.
• In-depth knowledge of various financial risk types and associated mitigation techniques.
• Strong understanding of regulatory frameworks governing financial institutions.
• Proficiency in risk management software and analytical tools.
• Excellent analytical, problem-solving, and quantitative skills.
• Exceptional communication and presentation abilities, with the capacity to explain complex risk concepts clearly.
• Proven ability to work collaboratively with diverse teams and influence stakeholders.
• Professional certifications such as FRM, PRM, or CFA are highly advantageous.