Job Description
Title: Chief Risk Officer, EIID Company: Everest International Insurance Job Category: Risk Management Job Description: About Everest: Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups. About the Role: Everest Insurance Ireland Dac (EIID) is an Irish regulated non-life insurance company. It operates in multiples jurisdictions with 5 branches, including a Third Country Branch in the UK that is regulated by the PRA/FCA. The Company has grown significantly since its inception and has continued plans for growth and development. We write specialty property and casualty business. The role holder will continue to lead the development and implementation of our risk management function. The successful candidate will possess relevant industry experience, solid experience implementing best practice risk frameworks, excellent organizational skills, strong written and verbal communication skills, initiative, and excellent influencing skills. Collaborating with, and influencing, senior colleagues across multiple functional areas and international Everest offices, this role will have a high profile. As part of a rapidly growing business division, the role holder will have the opportunity to shape this role and the future development of the risk function. The successful candidate will provide risk-based insights to support Everest in making the right business and strategic decisions. The role requires significant experience within the non-life insurance sector and an in-depth understanding of non-life insurance and strategic risks. The role holder will be self-motivated and well-organised and able to manage and prioritise a broad range of activities in the context of a rapidly growing business. This role forms part of the Executive management team in our Insurance entity. This role holds the PCF 14 responsibilities. Role & Responsibilities (include but not limited to): Supporting the executive team to comply with their regulatory and governance duties. Promote continuous enhancement of Everest risk culture. Provide leadership and direction to the risk management team. Development of Annual Risk plan and delivering actions against the plan including leading the co-ordination of actions to address regulatory developments relating to risk management. Support the ongoing development, implementation and embedding of an increasingly sophisticated risk management framework while ensuring it meets the required Prudential standards set out by the CBI and PRA. Developing and maintaining the firm’s recovery plan. Develop key risk indicators and risk dashboards to monitor risk profile and perform environment scans. Managing and overseeing the Managing Agency Own Risk & Solvency Assessment (ORSA) process and producing ORSA reports as required. Managing the firm’s internal stress-tests and ensuring the accuracy and timeliness of information provided to the Central Bank. Undertake deep dive reviews of selected risks within remit. Work in close collaboration with multiple stakeholders spanning senior leadership, department heads, and first line subject matter experts to provide risk management advice, support, oversight and challenge. Liaise with and contribute to Group ERM, leveraging the benefit of local risk management expertise and deploying new Group ERM tools and developments, as appropriate. Oversee the production of risk management papers and reporting for Management, Risk Committee and Board, as required. Support and contribute to the annual business planning process. Knowledge, Skills & Competencies: Extensive knowledge and understanding of non-life insurance risks, including strong experience of regulatory requirements from CBI and PRA. Strong problem solving and analytical skills. Proven ability to influence. Ability to develop effective and collaborative working relationships across the business. Ability to demonstrate professional scepticism. Excellent written and verbal communication skills. High level of integrity and ethical standards. Resilience and ability to thrive in a dynamic and fast-paced environment. Proactive and innovative mindset with a focus on continuous improvement. Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. Type: Regular Time Type: Full time Primary Location: Dublin, Ireland Additional Locations: Madrid, Spain, Paris, France #J-18808-Ljbffr