Model Validation Risk Manager

Model Validation & Risk Manager

Hybrid working - 2 / 3 days per week (flexible)

London

Lutine Bell are working with a leading insurance group undergoing a period of exciting UK and international growth, we’re looking to appoint a Model Validation & Risk Manager to join their high-performing Risk Function. This is a fantastic opportunity to play a key role in shaping and embedding best-in-class model risk practices, while also leading both hands-on validation work and oversight of outsourced model reviews.

The team supports a broad range of business and corporate activity, offering real variety and influence in the day-to-day. With growing regulatory focus, strategic investment, and evolving model use (including AI and climate risk), this role offers huge scope for the right individual to make a lasting impact.

Key Responsibilities

• Lead the hands-on validation of Internal Capital Models, ensuring regulatory and internal standards are met.
• Manage and oversee outsourced validation activities, acting as a key point of contact for external providers and ensuring quality assurance.
• Provide independent review and challenge across a wide range of business-critical models (pricing, capital planning, catastrophe, AI).
• Develop and implement a robust Model Risk Framework, aligned with PRA expectations (CP6 / 22).
• Champion model risk as a strategic risk discipline across the business.
• Represent the Risk function at senior forums, including cross-functional working groups and Risk Committees.
• Support regulatory engagement and lead key risk communications.
• Line manage a sub-team, including mentoring and developing junior analysts.
• Deputise for the Head of Risk when required.

Experience Required

Please apply online as directed.