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Head of Prudential Risk Management

2 months ago


London, Greater London, United Kingdom Saga Group Full time
About the Role

We are seeking a highly experienced and skilled professional to join our team as the Head of Prudential Risk Management. As a key member of our risk management team, you will be responsible for ensuring that our insurance business operates within a robust and effective risk framework.

Key Responsibilities
  • Prudential Risk Oversight: Ensure that our insurance business is operating within a fit-for-purpose risk framework, including the identification, assessment, and mitigation of prudential risks.
  • Risk Management Framework: Develop and maintain a comprehensive risk management framework that is aligned with our business strategy and risk appetite.
  • Risk Reporting: Provide regular risk reports to senior management, including key risk indicators and trends.
  • Collaboration with Stakeholders: Work closely with various stakeholders, including the Enterprise Risk Manager, Compliance function, and business leaders, to ensure that risk management is integrated into our business operations.
  • Leadership and Development: Lead and develop a team of risk professionals, providing guidance and support to ensure that they have the necessary skills and knowledge to perform their roles effectively.
Requirements
  • Qualifications: A qualified actuary (FIA) and a risk management qualification (CERA or IRM) would be highly desirable.
  • Experience: A proven track record of working effectively with senior management on the risk and capital agenda within a Solvency II regulated business.
  • Skills: Strong risk management skills, including the ability to identify, assess, and mitigate prudential risks. Excellent communication and leadership skills, with the ability to work effectively with various stakeholders.
About Saga Group

Saga Group is a leading provider of products and services to people aged over 50 in the UK. We are committed to treating all employees fairly and to offering equal opportunities in all aspects of employment and advancement. We value diversity and believe that diverse teams perform better.

We are passionate about diversity, equity, and inclusion and championing diversity is important to us. Fair consideration is given to all applicants, including those with disabilities and those over the age of 50. We are also an official Disability Confident Committed employer and ensure that our recruitment process is inclusive and accessible.