Senior Risk Manager

We are seeking a talented Senior Risk Manager to join our Marsh McLennan Risk Team. This role will be based in our London office. This is a hybrid role that has a requirement of working at least three days a week in the office.

You will be working with the wider Risk Function in ensuring that the annual Risk Management Plan is delivered effectively, and that valued risk advice is provided to the business. You will play a key role in fostering a strong risk culture, across all categories of risk, throughout the organisation.

This is an exciting time to be joining the Marsh McLennan Risk team as we build closer ties between our other Marsh McLennan businesses to widen knowledge and experience. You will have the opportunity to;

• Join a truly global organisation that can offer excellent training and ongoing career development opportunities. You will have the opportunity to learn from and work with a diverse and dynamic group of businesses.

• Be part of a highly skilled Risk team that strives to partner with the business to balance achieving its growth ambitions whilst managing risks .

• Join a Risk Function that is keen to continuously improve and innovate and learn from each other. You will support a number of enhancement activities, working with the Deputy Chief Risk Officer and Senior Risk Managers. The role will therefore come with plenty of variety and opportunity to learn as well as share your own industry experience.

• Partner with the Marsh and Mercer businesses, work closely with local management and provide guidance at local executive committees and risk groups.

We will count on you to:

• Help implement the annual Risk Management plan, taking into account internal and external priorities and focus areas.

• Work collaboratively with the Risk Function and the Deputy Chief Risk Officer to deliver and help enhance the Enterprise Risk Management framework.

• Share your own insights on the key risks facing Marsh McLennan in the UK, taking into account your insights from meetings with the business.

• Lead RCSA (Risk & Control Self Assessment) meetings and other (ad-hoc) engagements with the business and take an active role in ensuring the risk registers have been appropriated updated with quality information on the risks, controls and actions.

• Take a lead role on the business areas you partner with. This includes providing a risk view at business governance committees, working collaboratively with first line of defence Risk Champions and Business Leaders. This also involves providing valued advice and challenge and actively helping to embed a consistent yet pragmatic approach to risk management.

• Produce high quality, targeted (draft) risk reporting for Committees and Executives. This includes well-articulated narratives on key risks, updates on the status of risks, controls and actions and ensuring the information is presentable such that it is suitable for a senior audience. 

• Help lead on various Risk Management deep dives / strategic projects, e.g. M&A, control enhancements, and other strategic opportunities as may arise.

• Lead the business on the enhancement of their control assessments as required.

• Provide the necessary training and coaching to other Risk colleagues and first line Risk Co-ordinators/ Risk Champions.

• Support the wider Marsh McLennan Risk agenda as needed by working closely with Compliance and other colleagues in the UK and globally.

What you need to have:

• 2nd Line Risk management experience, including involvement in key risk management processes such as risk and control assessments, incident management, control reviews, thematic reviews, risk appetite, development of Key Risk Indicators and producing committee reports.

• Financial Services experience preferred.

• Ability to work effectively with a range of senior stakeholders on risk matters, with sufficient experience to drive engagement and competency in risk management across the organisation.

• Experience writing high quality risk reporting for executive/ board level committees.

What makes you stand out:

• Experience in the insurance or insurance broking industry and / or Investment management industry.

• Risk Management qualification.

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh McLennan (NYSE: MMC) is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit marshmclennan.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected].

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.