Job Vacancy Details
Head of Financial Risk
Insurance
Stratford-upon-Avon
Permanent
Updated May 12, 2012
You will manage a team of 12 people and be responsible for providing the the Chief Risk Officer with specialist insight and analysis of all financial risks impacting NFU Mutual. As well as having ownership for the Group's Internal Model, you will be expected to develop and embed the Group's Own Risk and Solvency Assessment (ORSA) framework across all areas of the business. The role holder will be expected to manage and motivate the team, drive the function forward and influence key stakeholders to raise the profile of risk across the Group. Responsibilities will include, but not be limited to, the following:
• Development, management and maintenance of the Group's internal model
• Developing effective strategy, policy and structures for financial risk management
• Ownership of the Group's general insurance and life actuarial models
• Management of the Group's ORSA process
• Co-ordination of financial risk management initiatives and risk management reporting
• People management and development
This is a senior leadership role within NFU Mutual that will provide the role holder a real opportunity to influence the business.
Who we're looking for
You will probably be professionally qualified with the Chartered Institute of Insurance and have either Financial Risk Manager/Professional Risk Manager (or equivalent) qualifications. Equally, you may be a qualified actuary or someone with relevant practical experience. Critically, you will have extensive, practical risk management experience and knowledge of the insurance industry. In addition to this, prior exposure to Solvency II development and implementation would be an advantageous. The role demands the following attributes:
• Strong leadership skills
• Technical competence and understanding of risk management
• Excellent communication and influencing skills
• Strong report writing and presentation skills
• An understanding of stochastic and actuarial modelling techniques
This is a leadership role that requires an individual with strong influencing and people management skills, combined with technical knowledge and a willingness to be 'hands on'. The role represents an excellent opportunity to join a growing, successful and stable organisation at an exciting stage of its development.
About our client
NFU Mutual has developed significantly in the 100+ years since it began and is proud of its status as one of the UK's leading insurers. The organisation has won countless awards for its various products and services and continues to go from strength to strength, currently its turnover is circa £1.5billion. Being a mutual means the organisation can take a long term view and offer stability to both its employees and its members. NFU Mutual are based in beautiful Stratford-upon-Avon in the Warwickshire countryside and have a stunning head office with fantastic facilities including a swimming pool.
The organisation has extremely low staff turnover and prides itself on effectively managing the careers of its employees, NFU Mutual is truly one of the Midlands leading employers.
What's on offer
Excellent six figure package
Michael Page Contact
For further info, apply or phone on 0207 831 2000.
Job Ref: 13209882
Your application will be sent to Daniel Yates.
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