What are the responsibilities and job description for the Chief Risk Officer position at Oliver James?
Chief Risk Officer - Property & Casualty
Our client is a well-established leader in the insurance industry, committed to providing innovative insurance solutions tailored to the needs of millions of policyholders. With a strong reputation for integrity and reliability, they are seeking an experienced Chief Risk Officer in their Risk Management department to oversee their Property and Casualty division.
Role Summary
As a Chief Risk Officer, you will be primarily responsible for developing and overseeing the risk management framework for the Property and Casualty sector of the company. The role involves strategic risk identification, assessment, and mitigation, ensuring the organization's risk management policies conform to regulatory requirements and industry standards.
Key Responsibilities
Our client is a well-established leader in the insurance industry, committed to providing innovative insurance solutions tailored to the needs of millions of policyholders. With a strong reputation for integrity and reliability, they are seeking an experienced Chief Risk Officer in their Risk Management department to oversee their Property and Casualty division.
Role Summary
As a Chief Risk Officer, you will be primarily responsible for developing and overseeing the risk management framework for the Property and Casualty sector of the company. The role involves strategic risk identification, assessment, and mitigation, ensuring the organization's risk management policies conform to regulatory requirements and industry standards.
Key Responsibilities
- Lead the development and implementation of the risk management strategy for Property and Casualty divisions.
- Manage the second line of defense to ensure the effectiveness of risk controls and compliance with internal policies and external regulations.
- Oversee enterprise risk management initiatives, aligning them with business objectives and strategic goals.
- Conduct regular risk assessments and provide strategic insights and recommendations to senior management.
- Maintain high awareness of market trends and potential impacts on risk landscape.
- Collaborate with other senior leaders to integrate risk management with other organizational processes.
- Proven expertise in Second Line Risk Management and Enterprise Risk Management within the Insurance sector.
- Strong leadership skills and ability to manage cross-functional teams effectively.
- Excellent analytical and decision-making skills.
- Superior communication and stakeholder management skills.
- In-depth knowledge of Property and Casualty insurance products and markets.
- Strong strategic thinking and problem-solving capabilities.
