Chief Risk Officer

Permanent Ref No: 1558376 Qualification: Qualified, Executive

Closed

Summary job description

The CRO leads the Risk Management function and is responsible for providing independent risk oversight of all risk-taking activities, for embedding a strong risk management culture across the organisation, and for providing advice, risk insights, and risk opinions to the company (the Board, CEO, and Senior Leadership Team) to support strong and effective risk management
The CRO is responsible for timely and effective reporting to/interactions with the CBI, ensuring transparent risk reporting and due consideration of local regulatory requirements.
Supporting local and Group projects from a risk management perspective.

Key duties and responsibilities

Develop and maintain the risk management system, comprising risk appetite, policies, processes and reporting procedures.
Ensure risk management system allows identifying, measuring, monitoring, managing and reporting individual, aggregate and interdependencies between risks on a continuous basis.
Continuously develop and maintain the risk management system covering the following areas: strategic risks; underwriting and reserving, asset/liability management; investment, in particular derivatives and similar commitments; liquidity and concentration risk management; operational risk management; emerging risks ; reinsurance and other risk mitigation techniques
Facilitate Management Risk Committees organisation (Underwriting, Operational and Investment risk committees). Facilitate the Board Risk Committee and ensure clear communication with Chair of Board Risk Committee.
Design and production of own risk and solvency assessment (ORSA)
Design and production of recovery plan
Design and production of risk management reports for Board and Board Risk Committee.
Ensure the Liability & Capital Model accurately reflects the risks inherent in the Company’s business and can be used for strategic decision making as well as capital determination.

Required experience & competencies

Qualified Actuary
Significant post-qualification and Risk Management experience
Strong leadership skills, and senior management experience
Proven ability to maintain independence from the business, and be an effective and constructive challenger at all levels
Strong blend of risk, technical, analytical, and communication skills
Excellent problem-solving and decision making ability
Excellent verbal/written communication skills, with demonstrated ability to explain complex issues clearly and concisely to senior stakeholders
Effective and credible collaborator with the business across all functions

For further details, please contact [email protected] or +35316099404.

Tagged as: Life Insurance