Head of Underwriting Governance and Controls - Contract
Permanent - Full TimeJob Overview
You will establish a lean but effective First Line of Defence (FLOD) capability that will give Underwriting Leadership the oversight and assurance they need to effectively and efficiently manage risk across the taxonomy.
About the role
- Embed and own the Risk and Control Matrix for Underwriting; ensure risks are well understood and ownership is clear, ensure inherent risk is quantified, risk appetite is defined and ensure adequate controls are operating effectively to bring residual risk into appetiteEstablish efficient governance that allows the Underwriting leadership team to see an aggregated view of the risks they are accountable for and how effectively controls are mitigating those risks, supplemented by other Key Risk Indicators (e.g. audit points) that facilitates timely and effective management interventions
- Build an assurance framework that ensure the ongoing effectiveness of the Risk and Control matrix and highlights any corrective actions needed
- Establish an effective FLOD operating model; centralizing control operation where it is beneficial to do so and ensuring oversight and assurance where it makes more sense to for controls to be operated by specialist functions
- Ensure we can evidence an effective UW FLOD
About you
- Must be able to engage with multiple levels of management and stakeholders – both internal and external, and influence them to drive change
- Highly organised with the ability to balance competing priorities and work to meet tight deadlines
- Able to work with a level of autonomy and pro-activity
- Resilient and able to operate effectively and accurately under pressure
- Good communications skills, courtesy and patience
- Confident, energetic and assertive
- Ability to understand their work in the broader context of CFC’s strategy