North Co Recruitment are working with one of the top general insures to appoint a Head of Insurance Risk into their risk function as they drive through an exciting period of change. This is a technical risk role – built for an actuary with pricing experience who wants to deploy that technical depth to shape how the business makes strategic decisions, rather than remain a practitioner.
What you’ll do
- Own independent review and challenge of business strategy across pricing, underwriting, reserving and reinsurance risks.
- Lead the Insurance Risk Management Framework across the UK business, including risk appetite, breach management and recovery planning.
- Oversee product and deal approval processes, providing second-line challenge on new products, pricing models and performance against financial targets.
- Partner with the Actuarial team to ensure insurance risks are properly reflected in capital models, reserves and reinsurance strategy.
- Lead annual stress testing and scenario analysis, translating findings into actionable risk management decisions.
- Present insurance risk insights to senior management, board committees and regulators with credibility and authority.
What we’re looking for
- Chartered or fully qualified actuary, or equivalent senior-level insurance qualification.
- Substantive technical experience in pricing and/or actuarial, with a clear understanding of how pricing drives business revenue, growth and optimisation.
- A track record of providing independent challenge and oversight – comfortable holding a senior position in the room.
- Exceptional stakeholder management skills, with experience influencing senior executives, board members and regulators.
- Strong grounding in insurance products, market trends and the UK regulatory environment.
- Consultancy or insurer background both considered – direct insurance experience is preferred.
- Hybrid working applies, with a mix of home and office-based collaboration.
If you’re looking for a Head of Insurance Risk role with genuine strategic ownership, a seat alongside the Chief Actuary, and scope to shape how risk and pricing interact at a group level, we’d be keen to speak.
Salary: c.£150,000 base, plus discretionary bonus
Location: Hybrid, London Based.
Please note, the client is unable to offer sponsorship for this opportunity.
For more information or to discuss other opportunities, reach out to Tom Parker, visit our website or follow our LinkedIn page.
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