Chief Risk Officer (North America)

About the position

The Chief Risk Officer (CRO) for North America will be accountable to the Group CRO and North America leadership for the oversight and implementation of the Risk Management Framework. The role aims to enhance the quality of decision-making through providing risk-based challenge and reporting. The CRO will oversee the implementation and oversight of the Risk Management Framework in North America, ensuring its appropriateness and effectiveness.

Responsibilities

• Set and monitor overall risk management activities at the Group level for North America.
• Oversee the implementation and oversight of the Risk Management Framework in North America.
• Enhance decision-making quality through regular risk reporting and ORSA reporting.
• Act as the second line of defense, providing risk oversight and challenge.
• Promote a robust risk culture and maintain a documented control environment owned by the business.
• Critically appraise the control environment proposed by the business against the agreed risk appetite and provide recommendations.
• Collaborate with other risk experts to ensure risks, including emerging risks, are identified and managed.
• Prepare or review risk management sections of reports and accounts.
• Manage and assess the financial impact of climate change on the firm, including board reporting.
• Integrate climate change financial impact assessments into Beazley's business planning process.

Requirements

• Proven experience in significant risk management roles.
• Experience working with c-suite management and executive teams.
• In-depth regulator relations experience in an insurance-related organization.
• Strong regulatory and market best practice knowledge relevant to risk management.
• Strong knowledge of the property and casualty insurance industry.
• Strong general commercial and financial knowledge.

Nice-to-haves

• Demonstrated ability to build strong relationships with a wide range of stakeholders.
• Understanding of business strategy and the work of other departments.
• Good people management skills.
• Strong analytical skills with attention to detail.
• Strong written and verbal communication skills.
• Ability to negotiate with internal and external parties.

Benefits

• Attractive base compensation and discretionary performance-related annual bonus.
• Competitively priced medical, dental, and vision insurance.
• Company-paid life, short- and long-term disability insurance.
• 401(k) plan with 5% company match and immediate vesting.
• 22 days annual PTO plus paid public holidays.
• Additional PTO purchase available up to 5 days per calendar year.
• Up to $700 reimbursement towards home office setup.
• Free in-office lunch and travel reimbursement for office travel.
• Monthly lifestyle allowance for wellbeing support.
• Opportunity to save for and purchase Beazley stock.
• Six months fully paid parental leave.
• Company-paid sabbatical up to 12 weeks after 10 years of service.
• Support with exam/study leave and fees for relevant qualifications.
• Up to 2.5 days matched paid leave for volunteering.
• Smart working policy and flexible working culture.