Risk Oversight Manager

Key Responsibilities:

With the Group Head of Risk:

• Support implementation and embedding of the risk management framework through the provision of advice, guidance, and interpretation of risk management requirements per the risk management framework.
• Support the business in identifying and documenting key risk exposure – both near term and tail exposures.
• Support the business in their assessment of the key risk exposures, providing challenge where required to ensure assessments are reflective of the true exposure to SBG.
• Use various practical methods, including review of key indicators, assurance outputs, and issue/action progress, to monitor the key risk exposures to the organisation.
• Support the business in defining effective and proportionate strategies (issues, actions, controls) to allow them to manage key risk exposures.
• Provide high quality key risk reporting, ensuring key risk exposures are documented and escalated appropriately within SBG governance (including preparing reports and recommendations).
• Conduct oversight reviews, producing reports, memos, or papers where areas for improvement have been identified including proactively seeking and recommending enhancements to control processes.
• Ensure the team proactively discuss and manage key priorities collaborating across disciplines for better overall outcomes.

Required Skills/Experience:

Essential:

• Significant experience in one or more of the following areas: risk oversight / partnering of 1st Line Functions, risk management framework delivery/implementation, internal/external audit, and/or compliance.
• Proven experience in successfully engaging with and managing senior stakeholders both individually and through key governance, such as senior committees.
• Excellent verbal, written, and communication skills to:

1. Draft and present detailed concise analysis to stakeholders.
2. Convey technical or complex concepts to others in a clear and understandable manner gaining their buy in and support.
3. Provide and deliver engaging training, coaching and education on key topics to stakeholders.

• Strong organisational skills with the ability to effectively lead on and prioritise individual and colleague workloads, overseeing multiple priorities proactively.
• Good interpersonal skills with the ability to drive team cohesion and collaboration.
• Ability to create and maintain logical, well-documented records, and identify and follow applicable governance / version control.
• Ability to be self-sufficient and work independently, driving the appropriate priorities within the team and individual workload.

Desirable:

• Experience in Financial Services and/or Insurance Services is preferred but not mandatory.

Qualifications:

Have or be studying towards/have equivalent experience:

• Applicable recognised risk management qualification(s) e.g., Certificate in Operational Risk Management, International Certificate in Enterprise Risk Management etc.

Our Benefits:

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• Electric vehicle – salary sacrifice scheme
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day
• Christmas and Summer parties

Working at SBG

At Somerset Bridge Group we aim to build a sustainable and innovative business focused on underwriting, broking and claims handling of UK motor insurance, offering transparent products and an efficient and fair service to our policy holders.

We are very proud to have been awarded a Silver Accreditation from Investors in People! We recognise that all of our people contribute to our success. That's why we are always looking for talented people to join our team - people who share our vision, who are passionate about what they do, and who want to be part of something special. 

Equal Opportunity Employer

Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, color, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.