About the role

Effective, structured management of risk and governance will be a key factor to the continued success of the department(s) you’ll be supporting. Your role will drive the maturity of 1st line risk across Admiralthrough the delivery of risk advice at SMF level, drive continuous improvement across the risk community practices and guidance and lead the embedding of RCSA across Admiral.

Job Purpose

The overall objective for the role is to lead Admiral to improve and mature existing risk management practices, ensuring we secure fair customer outcomes and meet regulatory requirements, whilst exceeding customer and financial targets. It is an enabling role for the rest of the business with focus on customer excellence and value creation, with this role providing the essential risk and governance wrapper.

The successful candidate will partner closely with the relevant departments, proactively supporting them in managing their risk and governance responsibilities. Although risk and governance processes exist, we are looking for someone to identify opportunities and make recommendations for improvement, as well as lead and upskill across 1st Line EUI.

The role will also need to collaborate closely with other Admiral governance departments, including but not limited to Admiral Risk, Compliance & Regulatory Advice teams, IT as well as any third parties the areas manage. As this is a fairly new role, you will get the opportunity to shape the scope of the role, responsibilities and activities going forwards and be an advocate of the changes being made.

Main Duties

• As a Senior Risk Business Partner you will work in partnership with the relevant department (e.g. product or operational) to drive and embed first line risk activity from a centralised team, through process mapping, risk reviews, controls testing and reporting. Developing insights into how risk is being managed in the department and how it aligns to Admiral Strategy.
• Take Ownership of the development and maturity Risk Registers and supporting reviews, for example Risk & Control Self-Assessments (RCSA), ensuring all risks and controls are identified, consistently assessed, and have effective ownership.
• Develop relationships with stakeholders at all levels across EUI promoting best practices and continuous improvement setting future standards and challenging Exco where appropriate.
• Drive innovation in the risk management practices and procedures, in order to transform how risk is managed and mitigated across EUI.
• Challenging the resolution of risk events across EUI, ensuring customer outcomes are achieved and root cause established, with thematic trends analysed and used to drive improvement in the control environment across EUI.
• Ensure policy requirements and internal standards are met, identifying any shortfalls, and ensuring appropriate actions to address.
• Support management with SMF / Certified Manager responsibilities through the provision of risk management information, risk committee governance and insight into the operational effectiveness of controls.
• Lead and develop your team of risk partners setting out the capability for the future.

Key Skills, Qualifications and Experience

• Prior experience of managing risks, controls and governance processes
• Proven ability to interrogate/ analyse MI and make recommendations linked to desired customer, regulatory and business outcomes.
• Experience of the external risk environment and issues that can impact us would be an advantage, as would knowledge of the general insurance market and current regulatory landscape.
• Determination, resilience and focus to achieve results without distraction or setback
• Good stakeholder management and influencing skills.
• Previous experience of working in motor products and/or the insurance industry would be desirable.
• Proven leadership experience and developing high performing teams
• Working knowledge of the SMCR regime
• Proven experience in leading risk transformation activity and improving risk culture in large organisations.

Additional Information

The job will have a hybrid working pattern, with an initial expectation of one day a week to be spent in the office in Cardiff, with the rest of time working remotely. However, dependent on the business need we may be flexible on this.

We will give you everything you need to comfortably work from home.

Please note - we may close this vacancy early if we receive lots of applications or business priorities change.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We’re proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here.

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