Title:
Chief Risk Officer EIID
Company:
Everest International Insurance
Job Category:
Risk Management
Job Description:
About Everest:
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
This role forms part of the Executive management team in our Insurance entity. This role holds the PCF 14 responsibilities.
Role
EIID is an Irish regulated non-life insurance company. It operates in multiples jurisdictions with 6 branches, including a Third Country Branch in the UK that is regulated by the PRA/FCA. The Company has grown significantly since its inception and has continued plans for growth and development. We write specialty, property and casualty business.
The role holder will continue to lead the development and implementation of our risk management function. The successful candidate will possess relevant industry experience, solid experience implementing best practice risk frameworks, excellent organizational skills, strong written and verbal communication skills, initiative, and excellent influencing skills.
Collaborating with, and influencing, senior colleagues across multiple functional areas and international Everest offices, this role will have a high profile. As part of a rapidly growing business division, the role holder will have the opportunity to shape this role and the future development of the risk function. The successful candidate will provide risk-based insights to support Everest in making the right business and strategic decisions.
The role requires significant experience within the non-life insurance sector and in-depth understanding of non-life insurance and strategic risks. The role holder will be self-motivated and well-organised and able to manage and prioritise a broad range of activities in the context of a rapidly growing business.
Key responsibilities include:
* Supporting the executive team to comply with their regulatory and governance duties
* Promote continuous enhancement of Everest risk culture.
* Provide leadership and direction to the risk management team
* Development of Annual Risk plan and delivering actions against the plan including leading the co-ordination of actions to address regulatory developments relating to risk management.
* Support the ongoing development, implementation and embedding of an increasingly sophisticated risk management framework while ensuring it meets the required Prudential standards set out by the CBI and PRA
* Ensuring that the firm's recovery plan is kept up to date and relevant
* Ensuring key risk indicators and risk dashboards are in place to monitor risk profile and work with senior management on the results of monitoring
* Managing and overseeing the Own Risk & Solvency Assessment (ORSA) process including stress-tests and ensuring the accuracy and timeliness of information provided to the Central Bank
* Undertake deep dive reviews of selected risks.
* Work in close collaboration with multiple stakeholders spanning senior leadership, department heads, and first line subject matter experts to provide risk management advice, support, oversight and challenge.
* Liaise with and contribute to Group ERM, leveraging the benefit of local risk management expertise and deploying new Group ERM tools and developments, as appropriate.
* Oversee the production of risk management papers and reporting for Management, Risk Committee and Board, as required.
* Support and contribute to the annual business planning process
Competencies, skills and experience:
* Deep expertise in non-life insurance risks, with strong knowledge of regulatory frameworks including CBI and PRA.
* A strategic and analytical mindset, with the ability to solve complex problems and make sound decisions.
* Proven ability to influence and engage stakeholders at all levels.
* A collaborative approach, building strong relationships across teams and departments.
* Confidence to apply professional scepticism and challenge constructively.
* Clear and effective communication skills, both written and verbal.
* A strong sense of integrity, ethics, and accountability.
* Resilience and adaptability in a fast-paced, evolving environment.
* A proactive and innovative mindset, always seeking opportunities for improvement.
What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click
here
to learn more about our culture.
* Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
* Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type:
Regular
Time Type:
Full time
Primary Location:
Dublin, Ireland
Additional Locations:
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