Head of Insurance Risk
Posted 5 days 3 hours ago by Schroders UK
A qualified and highly experienced insurance professional who is an insurance subject matter expert to manage the Schroders Group insurance programme; a major financial lines placement and a global general insurance programme.
You will have a strong knowledge of at least two sectors from; pan European real estate programme, employee benefits assurance or captive reinsurance.
You are a motivated initiative taker who is keen to learn and explore the risk profile of the business, looking for insurance and risk transfer solutions to answer the requirements of the Group and its business units.
About SchrodersWe're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
The baseWe moved into our new HQ in the City of London in 2018. We're close to our clients, in the heart of the UK's financial centre and we have everything we need to work flexibly.
The teamWorking within the Risk and Compliance team, the role involves contact with every aspect of the business in 36 countries. Your colleagues are highly skilled Asset Management, Wealth and Investment Property professionals. There will be regular contact with Legal, Workplace, People & Culture, Governance and Management teams. There will be significant interaction and management of relationships and workflows with the insurance brokers' service teams.
What you'll do- Function as the subject matter expert on insurance within Schroders
- Set strategy for Insurance Risk function
- Have responsibility for the renewal of the Group insurance programme in line with Group's risk appetite and budget targets
- Maintain Group's insurance procurement oversight policy and the Insurance Risk function's Risk and Control Assessment register
- Oversee management of the Group's Fund D&O programme
- Oversee the Real Estate insurance programme in UK, Europe and Asia
- Report at Board level on insurance topics and for the Group insurance programme renewal
- Be responsible for all insurance claims and control the process from notification to settlement
- Manage the strategic direction of the captive insurance company
- Develop the employee benefits insurance programme
- Manage response to a significant volume of insurance enquiries including; client due diligence, contract review, supplier review, and regulatory reporting
- Conduct supplier selection tenders in line with Group's procedures and be the high-level liaison point for relationships with insurers and insurance brokers
- Promote the profile of Schroders in the insurance market
- Present on insurance topics to the Group and lead the annual insurance market renewal presentation
- Maintain professional knowledge and keep abreast of insurance market developments. Identify and take advantage of opportunities to make connections between insurance market and business units
- Manage and develop Group Insurance Manager
- ACII or IRM qualification
- Expert knowledge of financial lines insurance and good knowledge of global general insurance plus two sectors from real estate insurance, employee benefits assurance and reinsurance captives
- Evidence of taking responsibility to complete complex tasks or projects
- Ensure financial security and stability for Schroders through risk transfer
- Cost control
- Thoughtful and expert professional support
- Lead by example
- Actively collaborate across the business
- Continuous innovation and improvement approach
- Excellent knowledge of the insurance market and developed professional network
- English is the global language for Schroders but some proficiency with other languages will be an advantage
- Important level of competence with technology to have the ability to examinate and manipulate data from multiple sources, perform analysis and create recommendations.
- Previous working experience in or for Asset Management, Wealth Management, Banking or Real Estate sectors
- Enthusiastic about insurance
- Keen to understand how the business operates
- Sociable and excited to network with new people and teams
- Demonstrate attention to detail with accuracy at meeting time scales
- Capable of identifying errors and troubleshooting by finding solutions or seeking advice
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
About UsWe're a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we've been around for over 200 years, but keep adapting as society and technology changes. What doesn't change is our commitment to helping our clients, and society, prosper.
Job Info- Job Identification 652
- Job Category Risk Compliance & Audit
- Posting Date 10/23/2025, 08:22 AM
- Locations 1 London Wall Place, London, EC2Y 5AU, GB