Risk ManagerSkills & Competency Framework

Strategic management of relationships with insurance regulators, rating agencies, and supervisory bodies across jurisdictions. Involves anticipating regulatory changes, managing Solvency II/ORSA submissions, and ensuring the organization's risk profile supports favorable ratings and regulatory standing.

Mastery of communicating risk exposures and strategic risk recommendations to board risk committees, C-suite executives, and investor audiences. Includes chairing risk governance forums, preparing board-level risk appetite proposals, and ensuring risk governance meets regulatory expectations.

Strategic oversight of reinsurance program design including evaluating treaty structures, alternative capital solutions (ILS, cat bonds), and retrocession arrangements. Involves optimizing risk transfer efficiency, managing reinsurer relationships, and ensuring adequate protection against peak exposure scenarios.

Ability to foster a risk-aware culture across underwriting, claims, product development, and investment teams. Includes establishing clear risk ownership, aligning incentive structures with risk appetite, and ensuring risk considerations are embedded in everyday business decisions throughout the organization.

Responsibility for building and leading the risk management function including team structure, talent development, technology investments, and process improvements. Involves attracting professionals with combined actuarial, risk, and business expertise and creating career development pathways.