About the Role
This senior role within the Risk Function supports the Chief Risk Officer in developing, embedding, and overseeing the enterprise-wide Risk Management Framework for Everest Managing Agency Limited, including Lloyd’s Syndicate 2786 and related entities. A key focus is fostering a strong risk culture, ensuring risks are identified, understood, escalated, and managed in line with the firm's risk appetite and strategic objectives. The role acts as a second-line partner, providing value through reviews, challenge, and assurance to support sustainable and compliant growth within the Lloyd's market.
Responsibilities
- Support the CRO in leading the development, implementation, and embedding of the Risk Management Framework.
- Promote a strong and proactive risk culture through stakeholder engagement, challenge, and business partnering.
- Provide risk oversight, advice, and constructive challenge to senior management and first-line teams.
- Contribute to the evolution of a forward-looking, insight-led Risk Function.
- Lead the annual Lloyd’s syndicate ORSA process end-to-end.
- Ensure the ORSA provides a clear, coherent, and forward-looking view of the firm’s risk profile and solvency position.
- Support embedding of ORSA as a meaningful business and decision-making tool.
- Lead the development and review of forward-looking assessment and stress and scenario testing.
- Support the annual and ad-hoc Lloyd’s Internal Model validation process from a second-line perspective.
- Own the validation plan, including scoping, stakeholder coordination, delivery tracking, governance reporting, and action closure.
- Provide effective oversight and challenge across modelling, assumptions, limitations, and outputs.
- Support the CRO in maintaining robust Internal Model governance.
- Support the preparation of the validation report.
- Lead the enhancement and embedding of the RCSA framework across the business.
- Drive consistency, quality, and usability of RCSA outputs for risk oversight and decision-making.
- Oversee and enhance the risk event framework for timely identification, escalation, assessment, and reporting.
- Analyse risk events, near misses, and control weaknesses to identify underlying themes and systemic risks.
- Ensure material risk events are escalated appropriately to senior management, committees, and the Board.
- Identify and lead targeted deep dive reviews across operational, underwriting, regulatory, and emerging risks.
- Use MI (risk events, RCSA, KRIs, audit findings, regulatory developments) to prioritise areas of focus.
- Deliver clear, insight-driven outputs that provide practical recommendations and add value to the business.
Requirements
- Significant experience in risk management within the insurance sector, notably within the Lloyd’s / London Market.
- Strong understanding of Enterprise Risk Management frameworks, ORSA, risk appetite, risk and control self-assessment, risk event management, and governance reporting.
- Experience of Internal Model governance, validation processes, capital model oversight, or Solvency UK / Lloyd’s regulatory requirements.
- Proven ability to engage with senior stakeholders and provide constructive challenge across underwriting, actuarial, capital, operations, finance, claims, and exposure management.
- Experience leading cross-functional risk processes, thematic reviews, deep dives, or risk assurance activity.
- Strong understanding of operational risk, underwriting risk, control environments, and second-line oversight responsibilities.
Skills
- Strong stakeholder management and influencing skills.
- Ability to build credibility across senior management and first-line business functions.
- Ability to operate independently, manage multiple priorities, and deliver high-quality outputs in a dynamic environment.
- Ability to provide clear, proportionate, and commercially aware risk challenge.
- Proficient in MS Office applications (Microsoft Word, Excel, PowerPoint).
Location
- London
Work Type
- Regular
- Full time
Experience Level
- 8+ years of relevant experience within the insurance sector.
About the Company
- Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish.
- We are underwriters of risk, growth, progress and opportunity.
- We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
- Our purpose is to provide the world with protection.
- We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve.
- We pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
- Our Values are the guiding principles that inform our decisions, actions and behaviors: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
- Our Colleague Behaviors define how we operate and interact with each other: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
Equal Opportunity
- At Everest we are dedicated to building an inclusive and authentic workplace.
- If you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply.
- You may be just the right candidate for this or other roles.
- Please let us know if you need any accommodations throughout the application or interview process.
