Interim Risk Manager - 3 Months

City of London
Up to £168000 per annum
15 May 2019
22 May 2019
Lee Blackman
Contract Type
New Contract
Interim Risk Manager (3 Months)
Insurance Brokerage

£650/£700 per Day

Produce a realistic project plan to develop and manage the initial implementation of an enterprise risk management framework that is appropriate to the nature, scale and complexity of the business as primarily a wholesale/reinsurance broker (and which avoids a tick box/compliance exercise approach)
Whilst the risk management framework must be in place and operational prior to 31 December 2019, it is accepted that the framework will develop/mature over time.
Identify the risk universe (considering the existing risk register and schedules as a starting point), then agree and prioritise focus on the top risks which are most likely to have a material impact on the business. As the level of engagement by divisional staff below senior management level will be limited during 2019, a "top-down" approach is anticipated.
Implement a risk appetite framework agreed with the Board to support its strategic direction and cascaded throughout the organisation, including relevant indicators and embedding monitoring and reporting within the divisions.

Develop a Project plan split into 3 phases
Phase 1 to 30/06/2019 - planning/development & board engagement (including training)
Phase 2 1/7/19 to 30/09/19 - complete development and start implementation
Phase 3 1/10/19 to 31/12/19 complete implementation
Documented Risk Management Framework
Risk Management Policy (key accountabilities and responsibilities)
Risk management Procedures
Risk Register (pre/post mitigation impact, key controls etc.)
Risk appetite (definition, deployment and monitoring/reporting)
Risk assessment process
Development of risk management training including for the Board and Executive Committee members

Similar jobs

Similar jobs