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Covéa Insurance

Covéa Insurance

www.coveainsurance.co.uk

1 Job

1,057 Employees

About the Company

Covea Insurance Plc is the UK underwriting business of leading French mutual insurance group Covea (which includes the global reinsurer PartnerRe since July 2022). Covea Insurance looks after the insurance needs of UK customers, across a range of product lines; delivering financial reassurance through its Standard & Poor's 'AA- stable' rating, as a guaranteed subsidiary of Covea. Covea Insurance has a strong people and service ethos and holds ServiceMark accreditation with Distinction for its Personal Lines operation and its Commercial & HNW Claims teams, as well as Chartered Insurer status for its Commercial business. Covea Insurance is signatory to the HM Treasury Women in Finance Charter and the insurance Inclusivity Pledge and has been named one of the top 75 employers in West Yorkshire & the Humber. In 2022 Covea Insurance was named Insurer of the Year at the British Claims Awards and Personal Lines Insurer of the Year at the Insurance Times Awards.

Listed Jobs

Company background Company brand
Company Name
Covéa Insurance
Job Title
Senior Risk Manager
Job Description
**Job Title** Senior Risk Manager – Technical & Digital Risk **Role Summary** Provide second‑line risk oversight for technology, digital, AI, cyber, and cloud initiatives within a UK general insurer. Champion a robust risk culture, maintain appetite alignment, and ensure compliance with PRA/FCA, Solvency II, ISO 27001, NIST, and emerging AI ethics standards. **Expectations** - Deliver clear, authoritative risk challenge to senior leaders and the Board. - Maintain risk appetite and exposure boundaries across financial & non‑financial risks. - Ensure high‑quality risk reporting (including ORSA) and regulatory interactions. **Key Responsibilities** 1. Lead end‑to‑end risk assessment (RCSAs, KRIs, risk registers) for tech, AI, and change initiatives. 2. Define and enforce governance for AI/ML – ethics, data privacy, algorithmic accountability, and model validation. 3. Oversee cybersecurity, IT infrastructure, and cloud risk; partner with IT/IT‑security on ISO/IEC 27001, NIST, and COBIT controls. 4. Embed a risk‑aware culture and second‑line challenge on digital projects. 5. Produce regulatory reports, manage PRA/FCA interactions, and monitor evolving guidance. 6. Engage senior stakeholders, translate technical risks into business‑ready insights, and influence decisions up to board level. **Required Skills** - 5+ years of second‑line risk management in UK general insurance. - Deep knowledge of ERM tools (RCSAs, KRIs, risk registers). - Expertise in AI/ML, data governance, cyber, and cloud risk frameworks (COBIT, NIST, ISO 27001). - Strong audit or risk review experience with regulatory requirements (PRA/FCA, Solvency II). - Excellent communication; able to advise and challenge C‑suite and Board executives. **Required Education & Certifications** - Bachelor’s degree in business, finance, risk, or a related field. - Preferred: IRM, CISSP/CISM, CRISC, or equivalent professional qualification. ---
England, United kingdom
On site
Senior
06-01-2026