Operational Risk Manager

EY's Financial Services practice is a unique industry-focused business unit that provides a broad range of integrated services to financial institutions and other capital markets participants, including commercial banks, investment banks, broker-dealers, asset managers, insurance and energy trading companies.

EY UK’s Insurance Risk & Regulation Team combined with the EY UK Actuarial Team is the largest in EMEIA and have a market leading position in Risk Management services, working across the insurance market on a broad range of engagements with a diverse portfolio of clients

.
The Insurance Risk & Regulation Team focusses on delivering sustainable benefits to our clients though enhancing business decisions based on improved and effective risk managemen

t.
The opportun

ityOur objective is to be market leading in supporting the delivery of the CRO and CCO’s agenda. Accordingly, the Insurance Risk & Regulation Team look to offer both breadth and depth in all Regulatory / Compliance and Risk Management initiatives ranging from providing advice on a specific element of the Conduct or Risk Management Frameworks in more detail, through to delivering a full Risk and Compliance Transformation programmes for the client, collaborating with multiple EY Tea

ms.
Your key responsibili

tiesAs a Manager within the Insurance Risk & Regulation Team, typical engagements you can expect to be involved in include designing or reviewing the following depending on whether you are a Regulatory or Risk focus

sed:
For Risk focussed role hol

• ders:Risk Management Frame
• worksGovernance arrange
• mentsRisk App
• etiteControl frame
• worksRisk MI & Repo
• rtingRisk Management Cu
• ltureRisk Function Operating m
• odelsAI Risk Manag

ement
For regulatory focussed role ho

• lders:Compliance Target Operating
• ModelCompliance Moni
• toringConduct fram
• eworksControl fram
• eworksGovernance arrang
• ementsComplaint ha
• ndlingMI & Rep
• ortingRisk Management C

ulture
Yo

• u will:Contribute to the articulation of EY findings, conclusions and recommendations in writing or v
• erballySupport the analysis of emerging issues, the articulation of an EY point of view and the development of an EY prop
• ositionBe responsible for engagement planning, management, and leading small teams in insurance enga
• gementsWork effectively as a team member sharing responsibility, providing support and updating senior members on p
• rogressMentor staff and conduct performance reviews and contribute to performance feedback fo
• r staffSupport bids and proposals for new client opportunities and grow existing valued relati

onships
Skills and attributes for

• success
  Excellent stakeholder management and communicati
• on skillsStrong project management e
• xperienceAbility to prioritise and
• challengeStrong academic b
• ackgroundAbility to build networks and rela
• tionshipsHave strong written and verbal communication skills for report writing and client pres
• entationsHave a proactive

attitude.
To qualify for the role you

• must have
  Experience of working within a General and/or Life Insurer’s Risk & Compliance Team OR experience of delivering Risk & Regulatory services for another Ad
• visory firmKnowledge and experience of Risk Management Frameworks
• in InsurersUp to date knowledge of the regulatory environment impacti

ng Insurers
What

we look for We are looking for people passionate about accelerating their careers in Insurance and who want to help transform the financial services industry. If you have relevant experience in advisory roles, a passion for enacting change in the Insurance industry, combined with the drive to help businesses achieve their potential, this role

is for you.

What we offerWe offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with MyReward you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Pl

• us, we offer:Support, coaching and feedback from some of the most engaging coll
• eagues aroundOpportunities to develop new skills and progres
• s your careerThe freedom and flexibility to handle your role in a way that’s

right for you
If you can confidently demonstrate that you meet the criteria above, please contact us as soon

as possible.
Join us in building a better

working wo