Risk Officer

Our client is an established insurance company seeking to recruit a Risk Officer who will assist and report to the Risk Manager and therefore, join the company's team of dynamic professionals.

Responsibilities:

• Maintain the Risk Management Framework systems and processes and support the identification and evaluation of the key risks facing the company
• Report findings in the risk assessment exercise and the coordination of risk mapping
• Maintain risk-related information in a format that is early retrievable
• Assist in the completion of corporate risk models and the standard formula
• Maintain and report quarterly register from appointed MGAs relating to Complaints Management, GDPR matters, Fraud Management, and IT-related registers.
• Monitor and ensure that the company remains compliant with the GDPR and the Data Protection Act
• Monitor compliance with investment parameters regularly
• Contribute towards the Company's Business continuity plan and Disaster Recovery plan
• Assist in the oversight of Complaints Management delegated to outsourced providers
• Work closely under the guidance of the Risk Manager with risk-related functions such as internal audit, actuarial, compliance, underwriting, and finance
• Supporting the Risk Manager with the development of effective risk culture across the business 
• Supporting the Risk Manager in maintaining compliance with the system of governance requirements under Solvency II and promoting sound corporate governance practices