Risk Director

Company Description

Legal & General Reinsurance (L&G Re) is the Bermuda-based global reinsurance hub of Legal & General Group Plc—a multinational financial services leader with a proud history dating back to 1836.

We deliver innovative life reinsurance solutions to clients across the UK, Europe, US, and Canada, helping communities thrive and secure their futures.

Job Description

We’re seeking a forward-thinking professional to pioneer a newly created role at the heart of our business transformation.

This is a unique opportunity for someone who thrives on complexity, enjoys challenging the status quo, and is energized by building processes.

As Risk Director, you’ll collaborate closely with the Chief Risk Officer and play a pivotal role in shaping our risk management strategy.

You’ll oversee and enhance first line risk management practices, ensuring the identification, management, mitigation, and transparent reporting of L&G Re’s diverse risk profile—including insurance, investment, market, demographic, liquidity, credit, regulatory, legal, operational, and reputational risks.

What you'll be doing:

• Championing the ongoing development and implementation of an effective risk management framework, ensuring alignment with Legal & General Group standards.
• Leading second line review and oversight for the US Pension Risk Transfer business, providing clear and constructive challenge to first line proposals within Boards and Committees.
• Fostering a supportive and inclusive risk culture, promoting ownership and collaboration at all levels of the organization.
• Preparing and delivering high-quality management information packs and reports for Boards and Committees, supporting transparent and informed decision-making.
• Maintaining and updating risk appetite documentation and policies, ensuring relevance, compliance, and accessibility for all stakeholders.

Qualifications

Who we're looking for:

• Fully qualified Life Actuary with at least seven years’ experience in pricing annuity business, actuarial reporting, or risk management within life reinsurance.
• Demonstrated expertise in risk management and governance frameworks for re/insurance companies, with strong technical actuarial skills and process design capabilities.
• Skilled communicator—able to present complex information clearly, both in writing and verbally, to support collaborative decision-making.
• Adaptable, analytical, and pragmatic, with a commitment to integrity, inclusion, and continuous improvement in a fast-paced environment.
• Proven ability to build effective relationships with executives, boards, and diverse internal and external stakeholders in a global context.

Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all.

If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences.

Guided by leaders with integrity who care about your future and wellbeing, you will be empowered through initiatives which support people to develop their careers and excel.

We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time, and job shares.

Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential, and connection to our purpose.