Description:

Key Responsibilities:

- Internal Control Framework (ICF) Design & Implementation

- Lead the design, rollout, and continuous improvement of the Group-wide ICF, ensuring coverage across MGA operations, underwriting companies, and regulated entities in multiple jurisdictions.

- Establish clear risk taxonomy, control standards, and governance processes tailored to the insurance and reinsurance industry.

- Define and embed risk and control ownership models across businesses and geographies.

Risk & Control Self-Assessment (RCSA):

- Build and institutionalise the RCSA methodology across the Group, ensuring consistent identification, assessment, and mitigation of risks.

- Conduct and facilitate risk and control workshops with business units to surface key operational and strategic risks.

- Ensure testing of control design and effectiveness, residual risk scoring, and action plan management.

Risk Metrics & Monitoring:

- Develop and maintain Key Risk Indicators (KRIs), control metrics, and dashboards aligned to Group risk appetite.

- Embed regular monitoring and reporting mechanisms that provide early warning signals of emerging risks.

- Ensure data-driven insights support decision-making at management and Board levels.

Regulatory Compliance & Multi-Jurisdiction Oversight:

- Interpret and apply regulatory requirements across diverse jurisdictions (e.g., Solvency II, ORSA, PRA/FCA standards, Basel, or local equivalents).

- Ensure Group-wide consistency in compliance while tailoring to local market expectations.

- Feed into the Group MD who will ultimately act as a liaison for regulators, auditors, and risk committees on matters related to the ICF and operational risk.

Governance & Reporting:

- Design and deliver Board and Risk Committee MI, including risk heat maps, thematic reports, and control performance reviews.

- Contribute to the development and maintenance of risk policies, frameworks, and governance standards.

- Provide independent challenge and assurance to first-line functions.

Risk Culture & Capability Building:

- Champion a culture of accountability and transparency in risk and control management across the Group.

- Support in delivering targeted training and guidance on ICF, RCSA, KRIs, and operational risk practices.

- Support leadership in driving risk awareness and embedding RMF practices across all business entities.

Qualifications & Experience:

- Bachelors or Masters degree in Risk Management, Business Administration, Finance, or related disciplines.

- Professional certifications such as CRMA, FRM, CISA, CIA, or equivalent strongly preferred.

- 10-12 years of experience in operational risk, internal controls, or enterprise risk management, with a strong preference for insurance/reinsurance or financial services.

- Demonstrated success in building or implementing internal control frameworks and RCSA processes across complex, multi-entity environments.

- Knowledge of multi-jurisdictional regulatory regimes and experience engaging with regulators and auditors.

- Familiarity with GRC systems and risk data analytics