Head of Risk

The Head of Risk for the Company manages oversight of risk management to meet business objectives and regulatory requirements.

Responsibilities

Holds overall responsibility for the Enterprise Risk Management Function (PCF-14) to meet the needs of the business, regulators, rating agencies and policyholders; Membership of the Company Board Risk Committee, Management Committee, Deputy Chair of the ERC and other forums as instructed to lead development of the risk management framework; Own and maintain the Company ORSA, Company Recovery Plan, Company Risk Book and other important risk documentation ensuring it meets requirements; Facilitate completion of thematic risk reviews as required in response to regulators and supervisors

Requirements

Detailed knowledge of risk requirements and risk experience is required (Financial Services Insurance); Thorough knowledge of risk management methods (financial and non-financial) and best practices in Ireland; Advanced knowledge of general regulatory requirements as they relate to business lines supported

Nice to have

Bachelor’s degree in a finance/business/economics related program or professional risk bodies or equivalent work experience is preferred