Risk Manager - Gibraltar & Malta Insurance Operations

About the role

Allshores is seeking an experienced risk manager to cover the risk management function across its Mediterranean operations, including the Gibraltar and Malta insurance and broker businesses. The role is the designated risk management function holder, working with local management to strengthen risk governance, reporting and oversight in line with Group standards, regulatory requirements and the Solvency II framework, while embedding sustainability and climate change considerations.

Key responsibilities

• Serve as the designated risk management function holder for the Gibraltar and Malta insurance carrier business, supporting the operation and documentation of the risk management framework.
• Maintain and enhance the risk framework across the Mediterranean operations, including risk appetite, metrics, policies, risk registers, assessments and emerging risks, under the oversight of the Group Head of Risk.
• Support business units and senior management in understanding and managing risk obligations, and facilitate risk reports and ORSA inputs for oversight committees and the Board.
• Present quarterly risk reporting to senior management and the Board.
• Assist with internal audit, regulatory visits and external examinations, and support compliance with jurisdiction-specific regulatory requirements.
• Deliver risk training and awareness, and take part in sustainability and climate change initiatives.

Required profile

• Minimum five years of relevant experience in a risk role in financial services, ideally insurance, broking, a managing agent, syndicate or another Lloyd's market participant.
• Demonstrable experience of the Lloyd's market, broker interactions and underwriting, operational or conduct risk; experience as a designated function holder or supporting cross-border operations is advantageous.
• University degree in a relevant field such as risk management, insurance, finance, business or economics.

Required skills

• Strong understanding of insurance risk management under Solvency II, including ORSA, governance and risk appetite; knowledge of Gibraltar or Malta regulatory regimes is preferred.
• Experience in risk appetite, risk and control self-assessment, incident management, governance reporting and Board reporting.
• Strong analytical, drafting and communication skills, with presentation experience to senior management and Board audiences.
• Strong proficiency in Microsoft Office, especially Excel, Word and PowerPoint.