Risk Manager – Lloyd’s / London Market
Location: London (Hybrid)
A leading and highly successful Lloyd’s platform is expanding its Risk function and is seeking an experienced Risk Manager to play a pivotal role within its second line of defence.
This is a genuinely commercial Risk position, offering broad exposure across underwriting, operations and senior leadership. You’ll work closely with the Head of Risk to strengthen risk maturity across the business, providing forward-looking oversight while helping shape and enhance the Risk Management Framework in line with Lloyd’s and wider regulatory expectations.
This role suits someone who wants influence, visibility and ownership not a narrow remit. Reporting into the Head of Risk, you will be instrumental in embedding risk awareness across the organisation and supporting strategic decision-making. The role offers hands-on involvement in core Risk processes including ORSA, internal model governance, scenario testing and regulatory engagement.
Key Responsibilities
- Support the ongoing development and enhancement of the Risk Management Framework, promoting risk ownership across the business.
- Produce high-quality Risk reporting for senior management, committees and external stakeholders.
- Own and maintain Risk & Control Registers, ensuring alignment to the evolving business risk profile, including emerging risks.
- Lead and coordinate the Risk & Control Self-Assessment (RCSA) process across business functions.
- Manage risk event and incident reporting, working closely with stakeholders to ensure effective capture, assessment and follow-up.
- Support development and maintenance of Risk policies, Risk Appetite and Key Risk Indicators.
- Drive emerging risk identification, including leading deep-dive assessments.
- Embed operational risk scenario analysis and stress testing to support internal model outputs.
- Play a key role in ORSA delivery, including risk input into business planning and preparation of the Risk Opinion.
- Support internal model governance, validation and assurance in line with Lloyd’s standards and regulatory expectations.
- Undertake elements of technical and non-technical model validation, including tracking and closing actions.
- Support regulatory engagement and compliance with Lloyd’s, PRA and FCA requirements, including contribution to Lloyd’s Principles Assessments.
About You
You’ll already be operating in a Risk role within the Lloyd’s / London Market and looking for broader scope, stronger stakeholder exposure and clear progression.
You’ll bring:
- Minimum 5 years’ Risk Management experience within a Lloyd’s or London Market environment.
- Strong knowledge of Lloyd’s, PRA and Solvency UK / Solvency II frameworks.
- Experience partnering with underwriting teams, senior management and operational functions.
- Excellent communication skills with the confidence to challenge constructively.
- A proactive, organised and analytical approach with strong attention to detail.
- Ability to prioritise effectively and deliver in a fast-paced environment.
- Strong systems capability, including Microsoft Office and comfort working across multiple data sources.
Why Consider This position?
- Join a high-performing Lloyd’s platform with a strong market reputation.
- Broad, influential Risk remit with real visibility across the business.
- Exposure to senior leadership and strategic initiatives.
- Genuine development opportunity within an expanding Risk function.
- Competitive salary, bonus, benefits and hybrid working.
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