Overview

Senior Manager – ERM Risk & Portfolio Strategy – 29020

This role reports to the Chief Risk Officer and provides independent oversight of the company’s portfolio strategy, with a focus on governance across capital modelling, exposure management, outward reinsurance, and model risk.

Ref: 29020

  • Location: Bermuda
  • Category: Non-Life
  • Type: Permanent

Overview

Key Responsibilities  (including but not limited to):

  • Lead the ongoing enhancement of the Risk Appetite Framework
  • Oversee the design and use of risk analytics and metrics to support effective risk and capital management.
  • Develop dynamic tolerance triggers to provide early warning of breaches, emerging concentrations and oversee the development and implementation of risk dashboards
  • Support the oversight and challenge of the outward reinsurance strategy to ensure alignment with risk appetite and overall portfolio strategy
  • Lead second-line review and challenge of the capital allocation process and methodology
  • Support the CRO in strengthening enterprise-wide risk culture, promoting accountability, transparency, and risk-informed decision making

Qualifications required:

  • Bachelor’s degree in finance, risk management, or a related discipline
  • Possession of, or active pursuit of an internationally recognised actuarial qualification (e.g. FIA/FFA or FCAS)

Experience required:

  • Manager level – Minimum of seven (7) years of experience in risk management preferably in the (re)insurance sector or financial services sector with exposure to capital modelling, exposure management or outward reinsurance
  • Senior Manager level – Minimum of ten years of experience, with demonstrated leadership in portfolio strategy, capital efficiency and model risk governance within reinsurance or financial services
  • Understanding of reinsurance operations
  • Experience in developing and implementing risk management frameworks, policies and related documentation
  • Proven understanding of capital modelling and exposure accumulation to support robust second-line oversight of these processes

Consultant

Ross Watts

Director | Non-Life Actuarial

T: +44 (0) 203 861 5171

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