Chief Risk Officer - North America

OverviewJob Title: Chief Risk Officer (North America)Division: Risk and ComplianceReports To: Group CROKey Relationships: Executive and non-Executive members of North America Boards and Risk Committees, and relevant group stakeholders.Job Summary: To be accountable to Group CRO and North America leadership for management and oversight of the Platform Risk and Compliance team and implementation of the Risk Management framework. To enhance the quality of decision making through providing risk based challenge and reporting. Direct line management of the North American Risk team; dotted line responsibility for the North American Compliance team.Key ResponsibilitiesOversee the implementation and oversight of the Risk Management Framework in North America and ensures its appropriateness.Facilitate the annual review of platform risk appetite ensuring it remains relevant and appropriate for North American platform. Work with the business, group and other platform CROs to capture new risks (including emerging risks).Represent Risk and Compliance at the platform management committees and boards, ensuring platform obligations in respect of the North American regulatory and legal environment and platform responsibilities to the group and others are understood and met.Ensure that platform risk incidents and events are subject to an effective process for capture, management and reporting, including to external stakeholders such as regulators / external auditors.Enhance the quality of decision making in the North American platform through risk reporting, including regular risk reporting and ORSA reporting.Perform the role of second line of defence, providing risk oversight and challenge.Promote an appropriate risk culture by maintaining a robust control environment that is owned and documented by the business.Provide critical appraisal of the control environment proposed by the business with reference to the agreed risk appetite and provide recommendations to the business and management.Work with other risk experts in the 2nd line and the business to ensure risks (including emerging risks) are appropriately identified and managed.Prepare or review the risk management sections of platform reports and accounts.Leadership / ManagementProvide leadership to the platform teams comprising the 2nd Line of Defence in North America, ensuring vision, tone and strategic objectives are understood and met.Through the established appraisal and performance management procedures for Beazley, provide supportive and consistent line management to all direct collaboration with the Group Head of Compliance, regularly review resourcing for the platform 2nd Line teams in North America to ensure they are resourced to meet their obligations and perform against their mandate.Oversee the implementation of strategic tools to assist with the 2nd Line’s delivery against their mandate.Oversee the platform 2nd Line’s contribution to coordinated assurance activity with the 1st and 3rd Lines of defence.Oversee the implementation of effective reporting standards across the platform 2nd Line.Oversee the appropriate representation of the platform 2nd Line on key committees and steering committees.Ensure the platform 2nd Line teams develop policies and procedures that comply with regulatory and local statutory requirements.Work with the Group Head of Compliance to ensure that Beazley’s Compliance framework is fit for purpose and implemented through the platform.Beazley Values & Employee ResponsibilitiesComply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.Display business ethics that uphold the interests of all our customers.Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their ply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.Carry out additional responsibilities as notified, either through objectives or through the learning management system. These may include membership of Beazley committees or working groups.Knowledge, Skills and CompetenciesKnowledge and ExperienceStrong general commercial and financial knowledge.Proven experience of leading in significant risk management roles.Strong knowledge of property and casualty insurance industry.Proficiency in risk assessment methodologies and the ability to apply them to various operational -depth regulator relations experience in an insurance-related organisation, including a deep understanding of federal and state regulations affecting property/casualty insurers.Strong regulatory and market best practice knowledge, particularly that relevant to risk management.Extensive experience working with Boards of Directors, Supervisory Committees, Executive Management teams, and regulatory agencies.Skills And AbilitiesProgressively responsible experience within the risk function in the property/casualty industry.Demonstrated ability to build strong relationships with a wide range of stakeholders.Understanding of business strategy and the work of the other departments within the organisation.Good people management skills.Strong analytical skills with attention to detail.Strong written and verbal communication skills.Ability to negotiate with both internal and external petenciesIntegrityHolding people accountableDeveloping peopleBroad-based thinkingResilienceAchievement OrientationTeambuildingCustomer FocusTechnical Competence/expertiseHighest degree of integrity/discretionBusiness/Financial acumenWho We AreBeazley is a specialist insurance company with over 30 years’ experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.Our CultureWe have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee’s diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.Be boldStrive for betterDo the right thingUpholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & diversity and sustainability targets are testament to this.We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include:Beazley RACE - Including, understanding and celebrating People of ColourBeazley SHE - Successful, High potential, Empowered women in insuranceBeazley Proud - Our global LGBTQ+ communityBeazley Wellbeing - Supporting employees with their mental wellbeingBeazley Families - Supporting families and parents-to-beWe Encourage Internal Career Progression At Beazley, Giving You All The Tools You Need To Drive Your Own Career Here, Such As:Internal Pathways (helping you grow into an underwriting role)iLearn (our own learning & development platform)LinkedIn LearningMentorship programExternal qualification sponsorshipContinuing education and tuition reimbursementSecondment assignmentsThe RewardsThe opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organizationAttractive base compensation and discretionary performance related bonusCompetitively priced medical, dental and vision insuranceCompany paid life, and short- and long-term disability insurance401(k) plan with 5% company match and immediate vesting22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefsUp to $700 reimbursement for home office setupFree in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowanceUp to 26 weeks of fully paid parental leaveUp to 2.5 days paid annually for volunteering at a charity of your choiceFlexible working policy, trusting our employees to do what works best for them and their teamsSalary for this role will be tailored to the successful individual’s location and experience. The expected compensation range for this position is $190,000 - $250,000 per year plus discretionary annual bonus.Don’t meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.Seniority levelNot ApplicableEmployment typeFull-timeJob functionManagementIndustriesInsurance #J-18808-Ljbffr

Created: 2025-09-17