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Polo Managing Agency (PMA) is seeking a talented Risk Manager to play a key role in shaping and embedding our risk management framework across the agency and the syndicates under our management. This is a high‑visibility role offering broad exposure across the business, significant interaction with senior leaders, and the opportunity to directly influence how risk supports strategic decision‑making. If you are passionate about elevating risk management, thrive in a collaborative environment, and want to contribute to a forward‑thinking Lloyd’s market organisation, we would love to hear from you.
Job Responsibility:
Enhance PMA’s Risk Management Framework, ensuring alignment with evolving regulatory expectations and industry best practice
Develop and refine syndicate risk appetite frameworks, including risk tolerance metrics, thresholds, and reporting
Maintain and improve risk and control registers, ensuring risks, controls, and mitigation strategies remain accurate and effective
Facilitate risk and control assessments, ensuring key controls are identified, documented, and assessed for design and operational effectiveness
Conduct bespoke risk analysis, including independent assessments and scenario analysis in line with the annual risk plan
Provide second‑line oversight for PMA’s project portfolio, ensuring project risks are identified, challenged, and appropriately mitigated
Support onboarding of new syndicates, including risk assessments and Lloyd’s Making It Happen requirements
Manage the risk incident process, including impact assessment, recommended actions, and root cause analysis
Contribute to stress and scenario testing, including operational risk inputs for syndicate Internal Models
Maintain and enhance the emerging risks framework and register
Support quarterly and annual ORSA processes, including production of regulatory risk reports (ORSA/OSCA)
Assist with validation of internal models for managed syndicates
Deliver risk services to outsourced serviced syndicates
Review and update risk management policies in line with governance requirements.
Requirements:
Degree-level education and/or a relevant professional qualification (IRM, CII)
Insurance industry experience is highly advantageous
Strong interpersonal skills with the ability to engage confidently at all levels, including senior leadership
Excellent analytical, numerical, and written communication skills, with the ability to translate risk concepts into meaningful insights
Ability to work both collaboratively and independently, managing multiple priorities and tight deadlines
Strong proficiency in Microsoft Office
experience with risk management software is beneficial
A mindset aligned with PoloWorks' PRIDE values.
What we offer:
Competitive salary
discretionary annual bonus
minimum 26 days of annual leave (with option to buy more)
flexible, hybrid working
private health insurance
life assurance
income protection
enhanced pension contributions
occupational maternity and paternity pay
company volunteering days
Electric Vehicle (EV) leasing scheme
employee assistance programme with retail discounts and savings