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.

Lloyd’s are seeking to recruit a First Line Risk Manager sitting within Market Oversight and Delivery, this role will be seen as the dedicated first line risk person for Markets. This role will be responsible for developing, implementing and monitoring the first line risk framework across the function, to ensure continuous improvement of the risk and control environment, as well as being a dedicated point of contact for all risk queries and liaison with second and third line Risk.

Principal Accountabilities

Responsible for the ongoing review and development of the first line risk framework across Markets, liaising with Risk and ensuring a continuous improvement approach is taken in how first line risk is managed
Review of individual function RCSAs, including appropriate risk and controls, identification of improvement areas and implementing suggested recommendations
Provision of practical support for business areas as required, to help with improving risk culture
Responsible for monitoring and supporting with the delivery of risk actions across Markets
Responsible for the regular engagement of Markets risk reps and business managers, including chairing the Risk Working Group
Responsible for monitoring, key Corporation and key departmental controls
Liaison with other Corporation functions, particularly around the execution and development of key Corporation controls across Markets
Responsible for the implementation of any new second line risk framework changes and initiatives, including, but not limited to, the Markets Key Controls Pilot in 2025
Point of contract for Internal Audit, including monitoring of audit outcomes and actions

Skills Knowledge and Experience

Experience of managing first line risk
Experience of designing and amending governance frameworks
Experience of stakeholder management within a regulatory environment
Knowledge 1st line risk framework management
Comfortable interacting with senior stakeholders
Ability to resolve problems
Ability to design and deliver clear training material
Ability to be self-sufficient and manage workload

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

Risk Oversight jobs

First Line Risk Manager