Location: London (Hybrid)
Engagement Type: Permanent
Company: Albany Beck
Client Industry: London Market Insurance
About Albany Beck
Albany Beck is a consultancy dedicated to delivering tailored talent and operational solutions to our clients across Financial Services and beyond. We partner with top-tier financial institutions to deliver expert consulting and transformation services. Our collaborative approach places experienced professionals in high-impact roles, helping our clients to navigate complex challenges and realise strategic outcomes.
Role overview
Albany Beck is growing its Change & Transformation Practice and are looking to hire an experienced Operational Resilience & Risk Lead to support a major London Markets engagement.
This is a senior hands-on role supporting a new Lloyd’s of London market entry initiative for ASR. The successful individual will be responsible for designing and embedding a full operational resilience and risk framework from the ground up, ensuring alignment with London Market regulatory expectations.
This is not an advisory-only position — the role requires full ownership of end-to-end design, implementation, and initial BAU embedding of the framework, supporting the organisation as it moves towards syndicate readiness and operational maturity.
Key Responsibilities
- Design and implement a full Operational Risk & Resilience framework tailored to London Markets / Lloyd’s requirements
- Define and embed key regulatory components including:
- Important Business Services (IBS)
- Impact tolerances
- End-to-end dependency mapping (people, process, technology, third parties)
- Develop and implement operational risk taxonomy, controls, and governance structures
- Build a scalable resilience operating model suitable for syndicate operations
- Support readiness activities for operating within the Lloyd’s of London market framework
- Lead hands-on delivery including workshops, documentation, and stakeholder engagement
- Establish reporting and monitoring mechanisms for ongoing resilience and risk oversight
- Transition the framework into BAU operations and support initial embedding
- Work closely with senior stakeholders across risk, operations, and compliance functions
Key Skills & Experience
- Proven experience designing and implementing Operational Risk and/or Operational Resilience frameworks from scratch or in early-stage environments
- Strong background within London Markets / insurance / reinsurance, ideally with exposure to Lloyd’s of London syndicates
- Deep understanding of UK regulatory expectations (FCA / PRA operational resilience requirements)
- Experience defining:
- Important Business Services (IBS)
- Impact tolerances
- End-to-end business service mapping
- Hands-on delivery experience (not purely advisory)
- Strong stakeholder management across senior and technical audiences
- Experience building governance, controls, and reporting structures in complex environments
- Background in Operational Risk, Operational Resilience, or Risk Transformation programmes
- Consultancy (Big 4 or equivalent) or senior in-house financial services risk experience preferred
- Comfortable working in fast-moving, evolving environments with limited existing structure