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Manager - Insurance Risk

Date: Feb 19, 2021

Location: Glasgow, United Kingdom

Company: KPMG UK

The Team

Our Risk and Regulatory team provides advisory services to assist leading organisations in the Insurance sector. KPMG has a proven track record of helping clients in this area, and we have significant growth plans given the opportunities arising from increasing regulatory scrutiny and supervision, and a volatile risk landscape.

Team members possess a variety of core risk management, assurance and advisory skills and have considerable industry knowledge and specialist expertise of the UK Insurance market.

The Role

Responsibilities:

Advising clients within the Insurance sector on the impact of a changing risk and regulatory landscape on their business models and supporting them through that change including in the following areas:

- Governance, risk and controls and corporate culture
- Risk Management Frameworks, processes and activities
- Risk appetite
- ORSA
- Stress and Scenario Testing
- Conduct risk frameworks and issues
- Horizon scanning and the impact of emerging risks and regulatory change
- Supporting firms in the delivery of their own risk management responsibilities
- Delivering Section 166 reviews and reporting to the PRA/FCA as part of a wider team.
- Keeping up to date with industry specific issues and circumstances which affect insurance regulation.
- Supporting the provision of advice regarding regulatory requirements affecting the insurance sector
- Assisting in the preparation of presentations, training, thought leadership, and marketing materials.
- Delivering client engagements, working in both small sized teams and larger, multi-disciplinary teams. This would include the whole engagement lifecycle: Planning to completion and reporting directly to the engagement manager and partner.

The Person

Qualifications and Skills:

• Strong understanding of businesses, structures, governance frameworks, risks, and process and control infrastructures of firms in the Insurance sector.
• Strong communication skills and ability to influence and deal with senior individuals.
• Knowledge of the regulatory environment in relation to risk management

- Knowledge/Experience:

• Educated to degree level or equivalent.
• Professional qualification preferred, with strong knowledge of regulatory rules and guidance but crucially practical application within an FS sector.
• The ability to evaluate technical issues, analyse facts, consult and deliver solutions to clients.
• Excellent communication and presentation skills, including an ability to communicate well with clients (internal and external) in writing and verbally.
• Understanding of regulatory developments and key current issues facing clients.
• Experience in working with teams and the ability to work independently.
• C grade only: Experience of managing small teams to deliver specific projects and outcomes


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