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Job Category Risk Control Target Openings 1 What Is the Opportunity?
The Head of Risk for Travelers Insurance Designated Activity Company (TIDAC) manages oversight of risk management, throughout TIDAC (including its UK Branch) to meet business objectives and regulatory requirements.
This role works with the TIDAC Board, TIDAC Risk and Remuneration Committee, TIDAC Management Committee and Travelers Europe (TRVE) CRO and Executive Risk Committee (ERC) and Risk / Control Owners to raise awareness and mitigate priority risks aligned with the Travelers risk appetite.
Under general supervision, this role monitors all risk types to ensure sound and responsible business practices, high ethical standards and the integrity of products and services delivered to customers.
The role is required to provide assertive challenge and ensure that significant, or potentially significant risk issues are promptly and appropriately reported to senior management and relevant governance forums.
This role is a Pre-Approval Controlled Function (PCF-14) within the Senior Executive Accountability Regime (SEAR) as set out in the Individual Accountability Framework (IAF) Act **** and in accordance with the rules and regulations of the regulators.
In this regulated position, we will assess and certify that you have met the applicable standards of Fitness and Probity (F