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Support the Senior Risk Manager – Tech & Cyber Risk and Head of Operational Risk in the oversight and management of technology and cyber risk management activities, as well as wider operational risk matters across the Group. This is a second-line-of-defence role providing risk oversight and challenge across the group, enabling first line teams and relevant risk owners to understand risk exposure and make appropriate risk-aware decisions. The role holder is responsible for ensuring clear and timely communication of risk considerations and matters for escalation between first line business teams, the Senior Risk Manager – Operational Risk and the Head of Operational Risk.
Job Responsibility:
Support the Senior Risk Manager – Tech & Cyber Risk in facilitating regular Risk & Control Self Assessments (RCSAs) with first line risk owners and stakeholders, ensuring the assessments are performed and documented accordingly
Support the Senior Risk Manager – Tech & Cyber Risk in implementing and maintaining a robust control environment that is owned and documented by first line business control owners and stakeholders
Provide oversight and challenge of Beazley's first line process around technology and cyber risk, including areas such as IT and cybersecurity business continuity, IT resilience, digital risk and operational transformation, capital modelling and business planning
Produce risk reporting and opinions, including deep dive reviews on hot topics influencing Beazley's technology and cyber risk profile to support reporting to internal and external stakeholders
Support the Senior Risk Manager – Tech & Cyber Risk and Head of Operational Risk in designing, writing and implementing frameworks, policies, procedures and processes where required
Provide critical appraisal of the control environment (including Risk MI) proposed by the business with reference to the agreed risk appetite
Liaise with first line business stakeholders and risk owners to capture new risks (including emerging risks) and review controls proposed by first line control owners and stakeholders
Assist in the preparation of risk management material for internal and external presentations where necessary
Assist in the provision of induction training to all relevant employees
Ensure close collaboration with Risk Management colleagues, supporting in the execution of key deliverables and projects as required
Keep up-to-date on market standards and best practice, as well as regulatory requirements and changes as required
Promote a culture of good conduct within the Operational Risk team by demonstrating and communicating the expected levels of behaviour and integrity
Requirements:
Knowledge and experience of risk management frameworks and tools with proven technology and cyber risk expertise
Experience of working in a global and fast paced business environment is essential
Degree level educated or an equivalent combination of education training and experience with security frameworks and industry standards
and/or
Relevant professional qualification (e.g., IRM International Certificate in Operational Risk, Practitioner Certificate in Information Management, etc.)
Proven technology and cyber risk expertise, preferably with a strong understanding of the Lloyd's or wider company insurance market and framework
Understanding of the commercial drivers and dynamics affecting risk decisions in the insurance sector, as well as operational and risk processes associated with an international insurance group
Ability to build strong partnering relationships with a wide range of stakeholders
Ability to interact professionally and with credibility and manage expectations of management and key stakeholders
Ability to manage time, meet deadlines and prioritise
Able to communicate effectively with others
Proficiency in Microsoft 365 apps
Experience of Committee and Board reporting
Application of risk-based judgement
Influencing and trusted advisor
Flexible
Energetic, enthusiastic and positive
Team player
Self-motivated with the ability to work autonomously
Proactive
Strong prioritisation skills
ability to meet deadlines and manage stakeholders' expectations
Highest degree of integrity / discretion
Strong written and verbal communication skills
Analytical
Attention to detail, with ability to see bigger picture
Ability to challenge, negotiate with, influence and persuade both internal and external parties