Sector overview
Risk management practice in insurance is developing quickly, driven by a strong awareness in the industry of the benefits of sound risk management, as well as anticipation of the effects of Solvency 2.
Department Profile
The Financial Sector Advisory practice has a strong Risk Advisory capability and reputation, focussed mainly on the banking sector. They are currently looking to substantially increase the size of their Insurance Risk Advisory capability across Europe and are looking for a European Head of Insurance Risk, to drive their business forward in this market.
The new Head of Insurance Risk will be responsible for:
- Building the business in Insurance Risk
- Recruiting a sizable team of professionals across member countries
- Managing and grow the Team
- Managing the team’s Solvency 2 proposition
- Managing the team’s advice to clients on Insurance Risk
- Leading the combined Insurance Risk team
- Interacting strongly with the Actuarial Team on technical modelling developments
- Leading our client’s growing market profile and manage relationships with key industry figures
- As a prominent figure within our client’s Risk practice, you will contribute to the overall management of that practice
Candidate Profile
Suitable applicants will have the ability to demonstrate proven people management skills, along with industry contacts, a strong profile and excellent relationship building skills. This will be underpinned with a sound knowledge of risk management - including operational as well as insurance and other risks.
You will be required to demonstrate a high level of understanding of quantitative modelling to be able to oversee risk modelling projects; this does not mean that you need to me an actuary.
We are seeking individuals who are well respected within the sector to join a global consultancy practice and lead the Insurance Risk business. They offer an attractive package to attract the strongest candidates in the region of £150,000 plus bonus and benefits.