North Co Recruitment are working with one of the top general insures to appoint a Head of Insurance Risk into their risk function as they drive through an exciting period of change. This is a technical risk role – built for an actuary with pricing experience who wants to deploy that technical depth to shape how the business makes strategic decisions, rather than remain a practitioner.
What you’ll do
- Own independent review and challenge of business strategy across pricing, underwriting, reserving and reinsurance risks.
- Lead the Insurance Risk Management Framework across the UK business, including risk appetite, breach management and recovery planning.
- Oversee product and deal approval processes, providing second‑line challenge on new products, pricing models and performance against financial targets.
- Partner with the Actuarial team to ensure insurance risks are properly reflected in capital models, reserves and reinsurance strategy.
- Lead annual stress testing and scenario analysis, translating findings into actionable risk management decisions.
- Present insurance risk insights to senior management, board committees and regulators with credibility and authority.
What we’re looking for
- Chartered or fully qualified actuary, or equivalent senior‑level insurance qualification.
- Substantive technical experience in pricing and/or actuarial, with a clear understanding of how pricing drives business revenue, growth and optimisation.
- A track record of providing independent challenge and oversight – comfortable holding a senior position in the room.
- Exceptional stakeholder management skills, with experience influencing senior executives, board members and regulators.
- Strong grounding in insurance products, market trends and the UK regulatory environment.
- Consultancy or insurer background both considered – direct insurance experience is preferred.
- Hybrid working applies, with a mix of home and office‑based collaboration.
If you’re looking for a Head of Insurance Risk role with genuine strategic ownership, a seat alongside the Chief Actuary, and scope to shape how risk and pricing interact at a group level, we’d be keen to speak.
Salary: c.£150,000 base, plus bonus and wider benefits.
Location: Hybrid, London Based.
Please note, the client is unable to offer sponsorship for this opportunity.
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