Manager, Risk Governance and Reporting

Purpose of this role

The Manager – Risk Governance and Reporting supports the development, operation and continuous enhancement of the Group’s risk governance framework and supports the risk reporting production process and continuous development of the risk management framework. The role ensures that Board‑ and management‑level risk committees, risk reporting production and oversight and regulatory‑governance interfaces operate effectively, consistently and in line with BMA, PRA and other regulatory expectations. 

Key Contribution Areas

Risk Governance Framework

• Support the ongoing development and maintenance of the Group risk governance framework, including enhancements to ensure PRA‑ready committee structures, decision rights and escalation pathways.
• Maintain the Group risk governance architecture, covering the structure, remit and interaction of the Board Risk Committee (BRC), Group Risk Committee (GRC) and associated GRC working groups.
• Support clear and effective interfaces with first‑line governance forums as well as local risk committees, supporting coherent end‑to‑end risk governance across the Group.
• Manage the annual review and update of risk committee Terms of Reference / Charters, ensuring alignment with organisational changes and regulatory expectations.
• Act as a key point of contact within Group Risk & Compliance for regulatory governance matters, working closely with the Regulatory Affairs team.

Risk Reporting

• Support the production of the Risk Report and the Risk MI as a key quarterly deliverable to the GRC and BRC. In particular, act as initial reviewer of business unit inputs and check for completeness and consistency.
• Support the delivery of the Group Solvency Self-Assessment (GSSA) and support the Group’s readiness to deliver and Group ORSA as a PRA deliverable.
• Manage committee deliverables, ensuring that all materials submitted to BRC, GRC and related forums are appropriately planned, owned, reviewed and approved.
• Provide secretarial duties to the GRC, ensuring that committee meeting minutes, action logs and decision logs are maintained.
• Define and enforce standards for committee submissions, including version control, ownership, approval process and auditability.
• Support continuous improvement of committee processes, standardisation of materials and efficiency of delivery in collaboration with key contributors.
• Support the preparation of risk‑related materials provided to regulators, and other relevant external stakeholders, establishing governance and quality checks before review and approval by the relevant accountable executives.

Policy Governance & Policy Lifecycle Management

• Manage the annual Group risk policy governance cycle and coordinate reviews with designated policy owners & subject‑matter experts.
• Oversee policy review and approval activities, providing challenge and assurance that policy owners maintain policies in line with regulatory expectations and requirements and internal policy standards.
• Oversee policy approvals, publication and communication to relevant stakeholders, ensuring accessibility of final policies.
• Manage the annual Policy Attestation process, working with policy owners and those adopting the policies to assess policy implementation effectiveness.
• Support the review of Group Risk’s policy suite readiness for Athora’s planned redomiciliation to the UK to report under PRA regulation and ensure that this remains comprehensive as the rules evolve.

Strategic Initiatives & Change Programmes

• Support risk governance workstreams for strategic initiatives and change programmes, including Athora’s planned redomiciliation to the UK and other initiatives impacting committee structures, policy frameworks or governance processes.

Personal Capabilities Required

• Strong governance mindset with the ability to design, operate and continuously improve governance frameworks.
• Highly organised, with the ability to manage multiple governance cycles, deadlines and stakeholders simultaneously.
• Confident communicator, capable of influencing senior stakeholders and providing constructive challenge.
• Collaborative and pragmatic, with the ability to work effectively across functions and geographies.
• Proactive, resilient and delivery‑focused, with strong attention to detail and accountability.

Functional or Technical Knowledge and Skill Required

• Proven experience in risk governance, risk reporting or risk management roles within life insurance with experience operating at Group level.
• Typical background in Group Risk, Risk Reporting, Enterprise Risk Management or Risk Governance functions within complex organisations.
• Strong understanding of regulatory expectations relevant to insurance groups, including PRA and Solvency II (essential), and BMA experience (nice to have).
• Proven experience operating second‑line governance processes, including supporting and coordinating Board and executive‑level committee governance and management and coordination of policy lifecycle governance.
• Demonstrated experience coordinating complex, cross‑entity governance activities across Group and Business Unit stakeholders, including interaction with first‑line functions.
• Highly computer literate – PowerPoint, Word, Excel

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