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Job Post Details

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Cyber Risk Manager - job post

Convex Insurance
London EC3M 7AF
Permanent, Full-time

Location

London EC3M 7AF

Benefits

Pulled from the full job description

  • Annual leave
  • Company pension
  • Paid volunteer time
  • Private medical insurance
  • Cycle to work scheme
  • Season ticket loan

Full job description

Description


The Enterprise Risk Management (‘ERM’) team sits within the Group Risk Management function, which is comprised of three ‘pillars’: Insurance Risk, Financial & Market Risk, and ERM. Convex has a strong focus to be market leaders in the use of data and technology.
The primary role of the, newly created, Cyber Risk Manager role is to support the Convex Group through the effective delivery of oversight and monitoring of cyber risk, specifically with respect to Artificial Intelligence (AI), emerging technologies, and data security. In addition, you will drive new technologies within the Risk team to improve automation and enhance decision making.


Key Responsibilities


This role will be a specialist within the Risk team. Some of the key responsibilities will include:
  • Cyber & AI risk integration: enhance and embed a robust cyber and technology risk culture across the business, which will be built upon positive engagement with each business area, including the first line information security team.
  • Risk assessment: help drive the completion of the quarterly Risk and Control Self-Assessment (‘RCSA’) process, specifically for cyber and technology risks, ensuring that RCSA data and MI is up to date and accurate.
  • Control development: develop the framework for control effectiveness assessment and attestations for IT and security controls.
  • Technology & efficiency: Develop the automation and use of technology within the team, to improve efficiency and enhance decision making and analysis.
  • Incident management: monitor and support the management of cyber and technology risk incidents that have been reported across the Group, including updating systems and liaising with key business stakeholders to ensure relevant actions are completed.
  • Risk monitoring & reporting: monitor and track risk management actions for cyber risks, ensuring all actions are up to date and any overdue actions are flagged appropriately. Ensure timely production of cyber risk reporting for the CROs before it is submitted to the Risk Committees and/or relevant Executive Committee and Boards.
  • Emerging risks: monitor emerging risks and opportunities in collaboration with other members of the Risk Management function, with a particular focus on the risk landscape of AI and market-leading technology adoption.

Skills Knowledge and Expertise


We require a candidate with a passion for new technology and an analytical mindset, but no insurance background is needed. Some of the skills we are looking for include:
  • Cyber & technology expertise: experience and knowledge of new technologies, ideally within financial services or consulting.
  • AI risk knowledge: deep knowledge of risk frameworks related to Artificial Intelligence (AI), machine learning, and advanced data analytics.
  • Analytical mindset: an analytical mindset, allowing the ability to monitor and understand both quantitative and qualitative pieces of data or information effectively.
  • Challenging stakeholders: well-rounded interpersonal skills and the ability to provide constructive challenge to first-line business functions when required, ensuring robust risk documentation and assessments.
  • Technology improvement: openness to technology and a desire to drive improvements with data, automation and insights.
  • Teamwork: effective team player, with the ability to adapt to changing priorities and work collaboratively across the business.

Benefits


  • Competitive Salary
  • 30 days Annual Leave
  • Birthday Leave
  • 10% Employer Pension Contribution
  • Private Health Insurance Medical Cover
  • Group Income Protection
  • Life Assurance Cover
  • Enhanced Parental Leave
  • Annual Health Check
  • 3 days of Volunteer Leave each year
  • 10 days of help with care (elder/ childcare) through Bright Horizons
  • £1,300 to spend on learning & wellbeing
  • Give as You Earn
  • Cycle to Work
  • Season Ticket Loan

About Convex Insurance

In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.

We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.

We live our values in every facet of our business:

Earn our reputation
Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.
Straightforward and fair
We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.
Determined to improve
However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.
Inspired by opportunity
We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.
Enjoy being different
We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.
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