Operational Resilience & Regulatory Lead London
Posted 6 days 18 hours ago by Enstar Group
Permanent
Not Specified
Other
London, United Kingdom
Job Description
Operational Resilience & Regulatory Lead London
About you and the role:
The Operational Resilience & Regulatory Lead will be tasked with leading operational resilience and regulatory projects across the Group impacting Operations. They will continue to evolve and embed the Operational Resilience Framework including delivery of the Operational Resilience Testing Programme and will support ad-hoc projects as delegated by the Global Chief Operating Officers and the Business Operations Manager.
What you will be doing:
An accomplished Operational Resilience practitioner with a proven track record in delivering resilience risk management within Financial Services.
Enstar Group Limited ("Enstar" or "EGL") is a leading global insurance group and the world's largest standalone consolidator of legacy reinsurance business.
Through our network of group companies, we help others - principally other insurance companies - release capital by taking over liability portfolios which no longer make strategic sense for them to hold. We create value by better managing these legacy insurance portfolios and strive to generate attractive risk-adjusted returns from our investment portfolio.
Enstar's innovative re/insurance solutions help our partners to reduce risk, release capital, dispose of non-core businesses and portfolios, achieve finality and manage claims volatility. In return, Enstar drives earnings through savings arising from our technical excellence and from investment earnings on the reserves we hold.
With around 800 global employees, our network of group companies is positioned across the world's major insurance hubs and has significant presence in Bermuda, where our headquarters are located, the United States, the United Kingdom, continental Europe, and Australia.
Enstar's balance sheet strength is supported through flagship carrier, Cavello Bay, who benefits from strong financial strength ratings of "A" by Standard and Poor's and "A" Excellent with stable outlook by AM Best. Enstar held Shareholder's Equity of $6.1 billion as of 31 December 2024.
Acharacteristic that is core to our culture: we encourage an entrepreneurial spirit, our colleagues have autonomy to shape strategy, innovate new revenue streams and we reward those who are commercially focused.
NIMBLE
We are quick to respond to change. We embrace new technology and new lines of business according to market demands. We grasp new concepts quickly, are able to deliver in a timely manner and can improvise when needed.
SOLUTIONS FOCUSED
We are resilient, successful, have a winning mentality, possess a strong work ethic. We believe in getting it done.
TEAMWORK
Our strength is working together as a Group, across regions, companies and disciplines. We firmly believe the sum of our collective effort, knowledge and ambition will always outweigh our individual contributions. We work as a trusted partner to our clients.
AWARE
We use our knowledge and experience to stay aware of market trends, acquisition opportunities and other influencers that could impact us and our competitors. Our constant awareness means that we are vigilant, innovative and responsive.
RELEVANT
At all times we strive to undertake actions that are relevant to help us achieve our vision, and to ensure we remain a provider of relevant insurance solutions to the market. We have shown a capacity to evolve and will continue to do so in order to ensure our ongoing relevance to the market.
Equal Opportunities at Enstar:
Our annual Inclusivity Index puts Enstar ahead of the industry in terms of diversity and inclusivity. At Enstar, we value all types of diversity. We're an equal opportunity employer and believe that our diversity creates an authentic working culture. We don't discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation.Enstar is committed in providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process.
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About you and the role:
The Operational Resilience & Regulatory Lead will be tasked with leading operational resilience and regulatory projects across the Group impacting Operations. They will continue to evolve and embed the Operational Resilience Framework including delivery of the Operational Resilience Testing Programme and will support ad-hoc projects as delegated by the Global Chief Operating Officers and the Business Operations Manager.
What you will be doing:
- Develop, review, and coordinate the implementation of the Group's Operational Resilience Policy, Framework, and supporting documentation and processes.
- Lead assessments relating to the ongoing validation of identified Important Business Services, Impact Tolerances, and Mappings, ensuring that supporting management information and rationales are proportionate, maintained, and involve all key stakeholders.
- Develop and deliver the UK's Operational Resilience Scenario Test Plan, ensuring the company tests severe but plausible scenarios based on the greatest risks to the company, while documenting the methodology and managing identified vulnerabilities and findings.
- Maintain a global awareness of Group testing (including those managed directly by Risk Management and IT) to ensure lessons learned are shared appropriately.
- Develop and maintain Response Playbooks, including supporting processes and mechanisms that enable prompt recovery.
- Oversee Operational Resilience related incidents, manage them in alignment with Group methodologies, and ensure lessons learned are captured and reported.
- Work with Senior Leaders and Stakeholders to foster a resilience culture, defining and advancing the Group's resilience capabilities.
- Oversee Third Party Risk Management Assessments for critical third parties supporting Important Business Services operations. Collaborate with Risk Management and IT to ensure Business Continuity and Disaster Recovery processes are followed.
- Ensure appropriate governance structures and feedback mechanisms are established to meet Operational Resilience requirements aligned with existing Group processes.
- Influence and engage with change projects to ensure resilience from the design stage.
- Ensure processes deliver effective resilience across the organisation and align with industry best practices.
- Manage resilience governance meetings and attend related governance meetings to consider and action resilience-related matters.
- Deliver training to stakeholders to raise awareness and understanding of Operational Resilience requirements.
- Demonstrates extensive experience with global financial services regulations and their application to business operations. Capable of interpreting and proposing solutions to new regulatory requirements.
- Collaborates with Compliance to develop oversight and reporting mechanisms ensuring Business Operations adhere to existing and upcoming regulatory requirements.
- Assists in updating Business Operations policies and processes to maintain regulatory compliance.
- Leads strategic projects supporting global operations, managing multiple complex projects efficiently.
An accomplished Operational Resilience practitioner with a proven track record in delivering resilience risk management within Financial Services.
- Extensive knowledge of international regulatory standards including PRA's SS1/21, DORA.
- Proficient in translating complex regulatory requirements into practical business processes.
- Capable of working independently, requiring guidance only in the most intricate situations.
- Expertise in applying functional knowledge and established methodologies to complex scenarios, and guiding others in resolving complicated issues.
- Ability to significantly impact operational or project objectives.
- Exceptional communicator with robust executive and senior-level business partnering skills.
- Skilled in leading and influencing cross-functional collaborative working methods.
- Demonstrates a delivery-oriented mindset, with proven leadership in managing projects and/or a portfolio of work.
- Strong operational and change management ability, adept at influencing leadership while effectively handling operational tasks.
- Competent in managing multiple workloads, conflict resolution, and complexity under pressure, with an ability to simplify complex issues.
- Experienced in establishing and leading resilience frameworks within Financial Services organisations.
- Recognised expert within the Resilience space.
- Adept at presenting and communicating ideas to diverse stakeholder groups.
- Possesses a strong technical skillset, particularly in Microsoft Office suite.
- Holds a degree or equivalent work experience.
- Experience in cross-functional collaborative working methods.
- A clear communicator and collaborator, effective with colleagues, key stakeholders, and suppliers.
Enstar Group Limited ("Enstar" or "EGL") is a leading global insurance group and the world's largest standalone consolidator of legacy reinsurance business.
Through our network of group companies, we help others - principally other insurance companies - release capital by taking over liability portfolios which no longer make strategic sense for them to hold. We create value by better managing these legacy insurance portfolios and strive to generate attractive risk-adjusted returns from our investment portfolio.
Enstar's innovative re/insurance solutions help our partners to reduce risk, release capital, dispose of non-core businesses and portfolios, achieve finality and manage claims volatility. In return, Enstar drives earnings through savings arising from our technical excellence and from investment earnings on the reserves we hold.
With around 800 global employees, our network of group companies is positioned across the world's major insurance hubs and has significant presence in Bermuda, where our headquarters are located, the United States, the United Kingdom, continental Europe, and Australia.
Enstar's balance sheet strength is supported through flagship carrier, Cavello Bay, who benefits from strong financial strength ratings of "A" by Standard and Poor's and "A" Excellent with stable outlook by AM Best. Enstar held Shareholder's Equity of $6.1 billion as of 31 December 2024.
Acharacteristic that is core to our culture: we encourage an entrepreneurial spirit, our colleagues have autonomy to shape strategy, innovate new revenue streams and we reward those who are commercially focused.
NIMBLE
We are quick to respond to change. We embrace new technology and new lines of business according to market demands. We grasp new concepts quickly, are able to deliver in a timely manner and can improvise when needed.
SOLUTIONS FOCUSED
We are resilient, successful, have a winning mentality, possess a strong work ethic. We believe in getting it done.
TEAMWORK
Our strength is working together as a Group, across regions, companies and disciplines. We firmly believe the sum of our collective effort, knowledge and ambition will always outweigh our individual contributions. We work as a trusted partner to our clients.
AWARE
We use our knowledge and experience to stay aware of market trends, acquisition opportunities and other influencers that could impact us and our competitors. Our constant awareness means that we are vigilant, innovative and responsive.
RELEVANT
At all times we strive to undertake actions that are relevant to help us achieve our vision, and to ensure we remain a provider of relevant insurance solutions to the market. We have shown a capacity to evolve and will continue to do so in order to ensure our ongoing relevance to the market.
Equal Opportunities at Enstar:
Our annual Inclusivity Index puts Enstar ahead of the industry in terms of diversity and inclusivity. At Enstar, we value all types of diversity. We're an equal opportunity employer and believe that our diversity creates an authentic working culture. We don't discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation.Enstar is committed in providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process.
Create a Job Alert
Interested in building your career at Enstar Group? Get future opportunities sent straight to your email.
Apply for this job
indicates a required field
First Name
Last Name
Phone
Resume/CV
Enter manually
Accepted file types: pdf, doc, docx, txt, rtf
Enter manually
Accepted file types: pdf, doc, docx, txt, rtf
LinkedIn Profile
Website
In order to contact you with future jobs that you may be interested in, we need to store your personal data.If you are happy for us to do so please select Yes in the options box below.You can withdraw your consent at any time by contacting us. If we don't hear from you . click apply for full job details