Arthur are delighted to partner with a Lloyd's Managing Agency in the hire of a new Head of Internal Controls. In this newly created role, the ideal candidate will work closely with senior management to ensure that their control environment is efficient, effective, and well-documented.
Key Responsibilities:
Operate a centralized controls framework that includes:
Mapping of processes, controls, and risks, and aligning them with the organizational risk register
Defining effective and efficient controls
Developing and maintaining control testing plans
Preparing summary reports on controls status for senior management
Ensure documentation and regular review of the controls framework
Proactively identify and escalate gaps in controls or design weaknesses
Recommend and implement improvements to enhance control effectiveness and efficiency
Collaborate with internal stakeholders to roll out control improvements
The Ideal Candidate:
Experience of 2nd or 3rd line in the insurance sector
Understanding of the Lloyd's minimum standards
Ability to build long-lasting relationships across 1st, 2nd and 3rd line
Able to challenge and influence stakeholders.
Please reach out to as@arthur.co.uk to learn more.
