Job Description

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Description

This role will involve understanding and managing the operational resilience and third party risks for Asta and its clients.###

Key Tasks

Responsible for the effective design and operation of Asta's Operational Resilience, Business Continuity and Third-Party Assurance Frameworks, ensuring risks to Asta and Clients are identified, assessed, monitored and managed. Work closely with other teams who oversee third parties e.g. Delegated Authority, Claims and IT, to ensure an integrated approach that is compliant with regulations.




Lead the Business Resilience team. Ensure each member has clear goals, is delivering good quality work and making a positive contribution to Asta. Foster an inclusive and engaging working environment, providing opportunities for team members to use their strengths and develop their skills




Maintain robust and efficient processes and procedural controls to ensure effective operational risk management and compliance with regulatory requirements for PRA, FCA, Lloyd's, and other international regulators as required.




Work with new clients to ensure compliance with Asta frameworks within agreed timelines. Ensure that clients embed proportionate operational resilience and third-party practices from the outset.




Prepare reporting for governing bodies and regulators including risk and control assessments, Asta oversight group reporting, updates for client boards and submission of returns to Lloyd's and the PRA.




Promote resilience and third party management awareness and champion good practices across Asta teams and clients.

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Key personal and technical skills required

Personal Skills-



Leadership: Demonstrates exceptional leadership abilities, fostering teamwork, and guiding teams to achieve strategic objectives. Exhibits strong decision-making skills and empowers others to excel.

Consulting skills: Adept at identifying client needs, providing

strategic advice, and driving solutions. Skilled in fostering client relationships and delivering impactful results.

Excellence: leads by example, demonstrating and promoting high standards in behaviour and the delivery of quality services and products for clients.

Influencing skills: proven ability to convince others of the benefits of operational risk management and gain buy-in to enhance practices.

Programme management: can oversee and prioritise work across multiple workstreams and clients.




Key technical skills, knowledge and professional qualifications required-




Minimum of 5 years' experience in the Lloyd's market gaining a good working knowledge of standard Lloyd's contractual arrangements, including service companies, coverholders, lead/follow, consortia, lineslips, intragroup agreements etc.




Minimum of 3 years' experience in business continuity management, operational risk/resilience or third party assurance.




Excellent understanding of UK regulatory requirements for operational resilience and third party risk management.




Experience of advising and participating at Executive level

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About Asta

We are a specialist professional services and technology firm, working in partnership with leading insurance, highly regulated and global businesses.



We help our clients to manage risk, operate their core business processes, transform and grow. We deliver professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation & risk, customer experience, human capital, digital transformation & change management.



Our global team of more than 8,000 professionals operate across ten countries, including the UK & the U.S. Over the past ten years Davies has grown its annual revenues more than 20-fold, investing heavily in research & development, innovation & automation, colleague development, and client service. Today the group serves more than 1,500 insurance, financial services, public sector, and other highly regulated clients.