Head of Risk & Compliance

I am supporting the search for a growing specialist insurer who are looking to appoint a Head of Risk & Compliance based in Manchester city centre. With ambitious plans to grow both GWP and product capability, this will be an integral hire for the organisation.

Functioning as a true second‑line partner, you combine regulatory rigour with commercial insight to guide senior stakeholders with confidence and credibility.

The Role

As Head of Risk & Compliance, you will lead the enterprise risk management and compliance frameworks, ensuring the business operates within risk appetite and meets all PRA and FCA requirements.

You will have responsibility across risk, compliance, governance and regulatory engagement, with a remit spanning underwriting, finance, claims, operations, IT, outsourcing and reinsurance.

Risk Management

• Own and maintain the enterprise risk management framework and risk appetite, including KRIs and tolerances
• Lead risk identification, assessment and reporting across the business
• Produce clear, high-quality risk reporting for the Executive, Board and Committees, including emerging risks
• Oversee the ORSA process, coordinating inputs and ensuring robust challenge and regulatory-compliant outputs

Compliance & Regulatory Affairs

• Design and oversee a proportionate compliance monitoring programme
• Act as the primary point of contact for the PRA and FCA, including submissions, notifications and supervisory engagement
• Advise on regulatory change and support implementation across the business
• Oversee policies, procedures, breaches, incidents and remediation activity

Governance & Assurance

• Deliver concise, decision-focused reporting to the Board and Committees
• Support reviews of governance effectiveness and the control environment

Leadership & Culture

• Lead and develop the Risk & Compliance function, ensuring appropriate capability and resourcing
• Promote a strong risk culture and accountability across the business
• Act as an independent, credible and pragmatic advisor to senior leaders

What You’ll Bring

• Significant senior experience in risk and/or compliance within UK general insurance
• Strong working knowledge of PRA and FCA regulation, Solvency and governance requirements
• Proven experience engaging with Boards, Committees and regulators
• Ability to balance commercial objectives with regulatory expectations

Qualifications

• Professional risk or insurance qualifications (e.g. IRM, CII) are advantageous
• Degree in a relevant discipline preferred

51080LS

INDMANS

Portfolio Payroll Ltd is acting as an Employment Agency in relation to this vacancy.