Insurance Risk Manager - AVP

About the role

Embark on a transformative journey as an Insurance Risk Manager - AVP. At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions. Join the Barclays Group Insurance team and build your career while supporting innovative insurance solutions and strategic projects that help advance the Bank’s objectives. The Barclays Group Insurance team is seeking a highly driven, forward-thinking early-career risk professional to support senior insurance risk managers with renewals, exposure and claims analysis, broker and insurer coordination, project planning, presentation development, key programs, including owner-controlled insurance program administration, and help creating opportunities to automate processes with the use of technology.

Responsibilities

• Support the Risk Function in delivering its objective of safeguarding the bank's financial and operational stability by proactively identifying, assessing, mitigating, and monitoring risks across various business units and activities.
• Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
• Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
• Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
• Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.
• Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
• Collaborate closely with other functions/business divisions.
• Lead a team performing complex tasks, using well-developed professional knowledge and skills to deliver on work that impacts the whole business function.
• Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
• Demonstrate leadership behaviours: Listen and be authentic, Energise and inspire, Align across the enterprise, Develop others.
• For individual contributors: lead collaborative assignments, guide team members through structured assignments, identify the need for inclusion of other areas of specialisation, identify new directions for assignments/projects, and identify cross‑functional methodologies or practices to meet required outcomes.
• Consult on