Our client, a well-established reinsurance company regulated in Ireland, is looking for a Senior Risk Manager to take ownership of its local risk management framework. The company is part of a larger international insurance group, so this is a rare chance to combine real local ownership with the support and scale of a global organisation.
Key Responsibilities
- Coordinate the identification, assessment, monitoring and reporting of material risks, maintaining a clear view of the overall risk profile and risk concentrations
- Lead the local Own Risk and Solvency Assessment (ORSA), including risk assessments, scenario and stress testing, forward-looking risk profile analysis and ORSA reporting
- Oversee local application of the Risk Appetite Framework, reviewing risk budgets, limits and threshold monitoring, and coordinating follow-up or escalation where required
- Review and challenge risk assessments from the business, and support the assessment of new products, material business changes and significant initiatives
- Monitor emerging risks in the internal and external environment and assess their relevance to the company
- Provide risk input into business planning, strategy and capital management
- Prepare regular and ad-hoc risk reporting for senior management, the Board and committees, turning complex topics into clear, decision-useful information
- Support regulatory interactions with the Central Bank of Ireland, including risk documentation and submissions
- Maintain and develop local risk policies, processes and documentation in line with Group and Segment standards
- Act as the key local contact for risk matters, offering independent, pragmatic and proportionate advice and challenge
Essential:
- Several years of relevant risk management experience in insurance or reinsurance, ideally in a regulated European environment
- Good understanding of Solvency II, ORSA, risk appetite frameworks and insurance/reinsurance risk management
- Experience in risk assessment, stress and scenario analysis, and risk reporting, including management or Board-level information
- Ability to work effectively in a Group environment, balancing local regulatory and business needs with Group and Segment frameworks
- Strong stakeholder management skills and a collaborative approach across Risk, Underwriting, Actuarial, Finance, Investments and Compliance
- Ability to own local processes while making good use of centrally and externally provided expertise, and knowing when to challenge or escalate
- Excellent written and verbal communication, with the ability to present complex risk matters clearly and concisely to senior management and the Board
- Reinsurance experience
- Familiarity with the Irish regulatory environment and the Central Bank of Ireland
You are happy to take ownership, and equally at home working within a larger international structure. You bring hands-on risk expertise, sound judgement and the confidence to offer constructive challenge.