Average Risk Manager salary in London

Company Overview:Join a leading insurance broking firm with a strong presence across specialty, commercial, and corporate insurance sectors. With a focus on innovation and client service, our client is committed to maintaining robust risk management practices to support business growth and resilience. This is an exciting opportunity to business partner with key stakeholders and make a real impact on the firm's risk framework. About the Role:We are seeking an Risk Manager to take ownership of the firm's risk management framework, working closely with business leaders across different broking divisions. This role is ideal for someone who thrives in a fast-paced, autonomous environment and enjoys building strong relationships with key stakeholders. The firm is open to Senior Risk Analysts who are ready to take the next step in their career. Key Responsibilities: Act as a business partner across the insurance broking divisions (specialty, commercial, corporate) to embed a strong risk culture.Own and enhance the Operational Risk Framework, ensuring effective risk identification, assessment, and mitigation strategies.Conduct risk reviews, control testing, and deep-dive risk assessments, providing clear insights and recommendations.Lead on horizon scanning for emerging operational risks, ensuring the business is well-prepared for future challenges.Support senior management in risk reporting, including preparing materials for governance committees.Partner with compliance, audit, and business leaders to drive a proactive risk management approach.Provide training and guidance to teams on operational risk best practices. What We're Looking For: Experience in operational risk within insurance, broking, or wider financial services.Strong relationship-building skills, with the ability to engage and challenge senior stakeholders.Ability to work autonomously and take ownership of risk initiatives.Experience with risk frameworks, control testing, and risk reporting.Open to Senior Risk Analysts looking for a step up into a managerial role. Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy. Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

A financial services institution wish to recruit a Risk Manager to play a pivotal role in establishing, implementing, and managing the company’s enterprise risk management (ERM) framework. This position involves identifying, assessing, and monitoring key risks, as well as collaborating with leadership to ensure appropriate mitigation strategies. Key Responsibilities Identify, assess, and prioritize risks across various business functions and develop risk profiles to inform decision-making.Design and implement the ERM framework, including policies, processes, and tools for assessing, managing, and mitigating risks.Continuously monitor risk indicators and emerging risks, preparing regular reports for senior management and the Board.Work closely with cross-functional teams, including Finance, Legal, Compliance, and IT, to ensure risks are managed effectively across the organization.Ensure the organization’s risk management activities align with regulatory requirements, industry standards, and best practices.Lead or support responses to risk incidents, ensuring lessons learned are applied to mitigate future occurrences.Develop and deliver risk training and awareness programs to enhance risk culture across the organization. Qualifications and Experience Education: Bachelor’s degree in Risk Management, Finance, Business Administration, or related field (Master’s or relevant certifications such as CRISC, FRM, or CERA preferred).Experience: 5+ years in risk management, preferably in enterprise or operational risk within [relevant industry, e.g., financial services, technology, etc.].Strong analytical and problem-solving abilitiesExcellent communication skills, both verbal and written, for reporting to stakeholdersProficient in risk management tools and software

The Role: Financial & Risk Analyst The Client: Investment Banking The Location: London City Centre The Role: Finance Ensure accurate management of financial transactions and reportingPerform daily reconciliations and revenue flash reporting.Review month end accounts and post prepayments.Compare budget with P&L actuals, and investigate potential errors and variances in data/budget/P&L.Liaising across the Finance team and the business to validate data.Booking of Research revenue journal, including deferrals and accrual. Risk Produce and analyse daily, monthly and quarterly reports for stakeholders across market, credit and operational risk areas for new and existing business.Assist with the preparation of risk committee reports and papers.Assess and measure appropriate risk levels and controls across the business.Prepare for ongoing regulatory changes for risk and capital planning.Provide ad hoc support to the Risk Manager as and when needed. The Requirements Part Qualified AccountantPrior experience within Financial Services (Banking or Investment Banking preferred)Background in financial analysis and able to demonstrate commercial acumen.2:1 or above at university For application and accessibility support, please contact your local Marks Sattin office. We're committed to protecting the privacy of all our candidates and clients, please visit https://privacy for our privacy policy.