About the job Risk Manager - Insurance

We are seeking an experienced Risk Manager to oversee the risk management function across Mediterranean insurance operations, including regulated businesses in Malta and Gibraltar.

The successful candidate will act as the designated Risk Management Function holder for the regulated insurance entities, ensuring effective risk governance, reporting, and oversight in line with regulatory requirements, including MFSA, GFSC, and Solvency II frameworks.

Reporting to the Group Head of Risk, this role will support the development and maintenance of the risk management framework, including risk appetite, ORSA, risk reporting, emerging risks, governance, and sustainability-related risk considerations.

Key Responsibilities

Act as the Risk Management Function holder for regulated insurance operations.
Maintain and enhance the risk management framework, including risk appetite, policies, risk registers, and assessments.
Prepare risk reports, including ORSA inputs, for senior management, committees, and Boards.
Provide risk guidance and support to business units and senior stakeholders.
Support regulatory reviews, internal audits, and compliance requirements.
Promote risk awareness and support the integration of sustainability and climate-related risks into business processes.

Skills & Experience

Minimum 5 years' experience in risk management within financial services, preferably insurance, broking, or the Lloyd's market.
Strong knowledge of insurance risk management, Solvency II, ORSA, governance, and risk appetite frameworks.
Understanding of regulatory requirements within Malta and/or Gibraltar is advantageous.
Experience with broker/intermediary risks, cross-border operations, or key function holder responsibilities would be beneficial.
Degree in Risk Management, Insurance, Finance, Business, Economics, or a related field.
Strong analytical, communication, and reporting skills, with experience presenting to senior stakeholders.
Proficiency in Microsoft Office, particularly Excel, Word, and PowerPoint.

This is an excellent opportunity for an experienced risk professional to play a key role within a regulated insurance environment, supporting effective governance and risk management across international operations.

Risk Manager - Insurance

Job Description