Skip to content
CV Rocket
Get started
How it worksThe enginePricingBlogContactSign in

Open nowPosted 70 days ago

Head of Risk, Bermuda

RiverStone International10 open roles

Where
Bermuda
Work mode
On site
Get the CV for this job

From $25 per CV, paid once. No subscription.

Your applicationOpen nowHead of Risk, BermudaRiverStone International · Bermuda

  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on RiverStone International's own form.

The reply lands in your private mailbox

3×more interviews than doing it yourself with ChatGPT.

The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. RiverStone International postings stay open a median of 2 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.7%14 days
  5. 35.6%30 days
  6. 58.0%60 days
This job: posted 70 days ago

RiverStone International median: 2 days open

The posting

Job description

The Head of Risk is responsible for the continual development of the Bermuda risk management framework to identify, assess, and mitigate potential risks to the business.

In collaboration with senior leadership, they will integrate risk considerations into strategic decision-making and ensure compliance with regulatory requirements.

The Head of Risk will monitor emerging risks, manage enterprise risk assessments, be a strong 2nd line contributor to the acquisition due diligence process and design strategies to protect the organizations assets and reputation while fostering a culture of risk awareness and resilience.

Job Requirements

  • Minimum of 10 years of experience in risk management within the insurance or reinsurance sector.
  • Actuarial qualifications and experience are welcomed but are not a pre-requisite.
  • Professional Risk Management certification (e.g. CRMA, CPA) is preferred
  • Experience of the legacy market desirable.
  • Proven experience in a leadership role, with strong strategic and analytical skills.
  • In-depth knowledge of relevant laws, regulations, and industry standards.
  • Experience of NLRO portfolios, desirable
  • Experience of auditing internal controls as well as applying analytical review and substantive testing techniques, audit standards and best practice

Job Responsibilities

1. To work with the Board, Management and other stakeholders to ensure an effective risk management framework is in place at all times, across all portfolios, operating as intended and compliant with all regulatory and business requirements.

  • Ensure the risk management framework remains compliant with regulatory requirements / expectations and reflects the evolving needs of the business.
  • Ensure appropriate risk appetites are established, monitored and reported on, and that breaches are escalated in accordance with approved governance processes.
  • Develop and deliver the Board-approved Annual Risk Plan.
  • Ensure timely, accurate and insightful risk reporting is provided to the Board, Risk and Capital Committee (“RCC”), Executive Committee, regulators and other stakeholders, including the provision of forward-looking risk assessments and analysis.
  • Act as a key point of contact with the Bermuda Monetary Authority (“BMA”) on risk management matters and support regulatory reviews, inspections, submissions and information requests.

2. To support the RCC in operating in according to its Terms of Reference.

3. To coordinate and provide oversight over the production of any Commercial Insurers Solvency Self- Assessment (“CISSA”)

  • Ensure an appropriate CISSA Policy is maintained at all times.
  • Ensure the CISSA is produced in accordance with the CISSA Policy and regulatory requirements

4. To provide independent Risk oversight, challenge and opinions to the Board and Management on material business decisions, transactions, strategic initiatives and solvency assessments.

  • Assess the capital and risk implications arising from strategic initiatives, acquisitions, transactions and material business decisions.
  • Provide 2nd line challenge and oversight throughout due diligence process.
  • Assess and challenge the risk impact of the integration of new portfolios.

5. To ensure an Emerging Risk Framework is maintained at all times

  • Liaise with business functions and key groups such as the Operational Emerging Risk Group ("OERG").
  • Ensure appropriate reporting of emerging risks to Management and the RCC.
  • Conduct ad hoc assessments and deep dives into emerging risks.

6. To further develop the existing Operational Resilience and Business Continuity Framework.

  • Ensure the operational resilience and business continuity policies, procedures and governance arrangements remain appropriate and aligned with regulatory requirements and expectations.
  • Oversee testing, reporting and ongoing monitoring activities in accordance with the approved framework

7. To liaise with the Group Risk Function and other Risk Functions in other locations.

  • Support the Group Chief Risk Officer in maintaining consistency of risk management processes across the Group and identifying opportunities for efficiencies and synergies where appropriate.

8. To continuously improve and embed a risk management culture across the business.

  • Work with Management to drive a risk culture and accountability throughout the organisation.
  • Ensure employees have an appropriate understanding of their responsibilities in managing and reporting risks

9. On a temporary or permanent basis, you may be required to undertake other duties in addition to, or in substitution of, those listed in this role profile.

Job benefits

We believe in taking care of our team and helping our employees thrive both professionally and personally. Our benefits include:

  • Health & Wellness – Comprehensive medical, dental, and vision insurance plan
  • Paid Time Off – Generous vacation, sick leave, and other paid leave
  • Retirement Plans – Pension plans with immediate vesting to help plan for your future
  • Life and Disability Insurances – Coverage when you and your family need it most
  • Gym Allowance – Supporting you in your fitness journey
  • Employee Assistance Program (EAP) – Free, confidential support for mental health, legal, and financial counseling
  • Travel Insurance – To cover you and your immediate family

RiverStone International is an industry-leading acquirer and reinsurer of legacy and discontinued insurance business. The group has operations in Bermuda, UK, Lloyds of London, U.S.A., Australia and Europe, and has transacted a wide variety of deals from insurance and reinsurance portfolio transfers to company purchases, acquiring over US$18.0 billion of liabilities since 2010 and with around US$4.7 billion of total liabilities.

From $25, paid onceGet the CV for this job

What happens when you press

One press. We do the rest.

  1. A CV for this posting

    Written against RiverStone International's own wording, from every piece of relevant proof in your profile.

  2. 25 readers review it

    Recruiter, hiring manager, skeptic and more read every draft, round after round. You get the best round.

    The review screen in CV Rocket: how each CV was read, round by round.

  3. We apply on RiverStone International's form

    Our application engine gets through the hardest forms there are. Where a question needs you, AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

    An application in CV Rocket: every answer filled in on the employer's form.

  4. Every reply, sorted

    RiverStone International's answer lands in your private mailbox, and we classify it on arrival: interview, question, rejection.

    The CV Rocket inbox: each employer reply classified as an interview, an action or a rejection.

  5. Reply with AI

    AI helps you write the email, checks it and sends it. We show you whether the recruiter read it.

  6. The interview in your calendar

    Full integration with your calendar. The invitation goes straight in.

    An interview invitation in the CV Rocket inbox, added to the candidate's calendar.
Get the CV for this job

From $25 per CV, paid once. No subscription.

Why it works

3×

more interviews than doing it yourself with ChatGPT.

ChatGPT writes a CV and never learns what happened to it. We see every reply. For each CV we know:

  • How it was written, and how the review scored it
  • When we applied, and how long after the posting went up
  • Which posting, which company, which city
  • Who got the interview, and who heard nothing

That is how we know which CVs get called.

Get the CV for this job

From $25 per CV, paid once. No subscription.

The numbers game

More applications. More interviews.

Every application goes out with its own CV, written for that posting and paid once. Send enough of them and the law of large numbers finds you the job.

Get the CV for this job
By hand5–10
With CV Rocket100
applications a day

Nearby

Live postings like this one

Same employer first, then the same role elsewhere.

Before you press

Straight answers

Get the CV for this job

From $25 per CV, paid once. No subscription.

What if my background isn't good enough?

We make the most of the background you have. The CV uses every piece of relevant proof your profile holds, and one of the 25 readers reads your whole profile and flags what the CV left out.

Do you really apply for me?

Yes, on the employer's own form, the hardest ones included. Where a question needs you, you answer it right there and AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

Is it a subscription?

No. You pay once per CV, from $25. Every application goes out with its own CV, written for that posting.

One job. One CV.
Paid once.

Pick the posting you want. We write for it, apply for you and catch the reply.

Get the CV for this job

From $25 per CV, paid once. No subscription.