Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Working alongside the existing Senior Manager in the team, this role will provide leadership and support to a newly formed team of 3 managers as part of the wider Risk and Governance function. You will deliver oversight of managing agents in line with defined oversight approaches for the Market Governance and Risk team in relation to governance arrangements and risk management capability and ensuring that oversight is conducted in line with the defined Oversight Objectives and Principles.

Key responsibilities:

Responsible for ensuring there is appropriate oversight of managing agent governance arrangements, culture, and risk management capability. To ensure the Head of Market Governance and Risk is aware of any issues or concerns relating to managing agents meeting their expected maturity for any relevant Lloyd’s Principles.
Responsible for ensuring that relationships with key internal stakeholders such are maintained and developed to promote sharing of information and collaboration and embedding the Governance Indicators Framework.
Ensure consistent and clear documentation of the risk-based judgments and assessments made in relation to the operation of the Governance principle and sub-principles, working closely with all other oversight areas to ensure the taking of a structured, co-ordinated and forward looking approach to market oversight.
Responsible for the review and recommendation to the Head of Department for all managing agent Changes of Control.
Responsibility for understanding the wider regulatory landscape as well as current issues and trends, whilst also ensuring that oversight is appropriate to respond to these and is clearly articulated in the Annual Market Oversight Plan.
Accountability for the processes within the team to reflect all oversight activity in MS Dynamics, ensuring it is accurate and kept up to date.
Provide consistent and high quality leadership to the team, and an escalation point for issues and delivering difficult messages to stakeholders
Role model the key elements of the Lloyd’s culture framework – Leadership, Ethics, Respect, Trust and Motivation to proactively promote a well performing culture within the team

To deliver this role effectively you will need to have prior experience of leading a team, building extensive external stakeholder relationships and demonstrate a deep knowledge of risk management and key elements of risk management frameworks. If you have all 3 and align to our values; Be Brave, Stronger Together and We do the right thing! Then we would be delighted to receive an application.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link;

https://cleartalents.com/apply/lloyds-msa1645695881

Please note, clicking on this link does not register your application for the vacancy

Managing Agents jobs

Senior Manager, Market Governance and Risk