B

Beazley Management

Specialty insurer of cyber and liability

Risk Manager

Full-TimeUpdated Deadline 10/1/27
No salary listed
Mid
London, UK
In Person
Finance & BankingRisk Management

About the job

Requirements
  • Experience within enterprise risk management, operational risk, internal controls, audit or related disciplines within insurance or financial services.
  • Experience facilitating risk and control assessments and providing constructive challenge to business stakeholders.
  • Experience preparing risk reports, management information, committee papers and presentations for senior audiences.
  • Experience supporting risk governance processes and committee structures.
  • Experience of control effectiveness reviews, control design assessment or control improvement programmes.
  • Strong understanding of enterprise risk management frameworks, risk appetite and governance practices.
  • Experience analysing risk data and identifying trends, themes and risk insights.
  • Advanced Excel skills, including data analysis and manipulation.
  • Experience using Power BI or similar data visualisation and reporting tools.
  • Strong report-writing skills.
  • Experience using technology, automation or AI-enabled tools to improve analysis, reporting or risk management processes.
  • Strong stakeholder management and influencing skills.
  • Ability to build trusted relationships across all levels of the organisation.
  • Ability to provide constructive challenge whilst maintaining positive working relationships.
  • Excellent written and verbal communication skills.
  • Strong presentation and workshop facilitation skills.
  • Ability to communicate complex issues clearly and concisely.
  • Strong organisational and prioritisation skills.
  • Analytical, inquisitive and solution-oriented mindset.
  • Collaborative approach and ability to work effectively across functions.
  • Self-motivated with a continuous improvement mindset.
  • University degree and/or significant experience of risk management in a regulated financial services sector.
Responsibilities
  • Own and deliver risk reporting, management information, committee papers and action tracking in support of Executive, Board and subsidiary risk governance processes.
  • Support the annual review, development and embedding of Beazley's Risk Appetite Statement and associated appetite metrics.
  • Engage regularly with risk owners and senior stakeholders to provide independent challenge and oversight of risk assessments, controls, management information and management actions.
  • Lead and facilitate periodic risk and control assessments (RCSA), providing challenge to business assessments, overseeing action management and reporting key themes and findings.
  • Provide second line analysis and challenge of the control environment, including control design adequacy, thematic analysis of control weaknesses across RCSA and assurance outputs, and oversight of remediation, working closely with CCAT, which performs controls testing.
  • Support the operation of risk acceptance and escalation processes for risks outside appetite or rated red or amber for prolonged periods.
  • Analyse risk data and trends to identify emerging themes, provide insight and support risk-based decision-making.
  • Maintain the integrity of risk management data within the GRC platform and support the ongoing enhancement of risk systems, reporting capabilities and management information.
  • Lead the identification, assessment and monitoring of emerging and evolving risks, considering developments in the external environment, insurance market and business strategy, including supporting the Emerging Risk Working Group.
  • Support the preparation of second line risk opinions on strategic initiatives, change programmes and transactions.
  • Support Platform CROs in the development and maintenance of platform-specific ORSA processes and documentation where required.
  • Support regulatory reviews, requests and risk management documentation as required.
  • Support the development of a strong risk culture through stakeholder engagement, training, risk assessments and promotion of effective risk management practices.
  • Support the continuous enhancement of enterprise risk management processes, methodologies and governance arrangements.
  • Participate in project work and strategic initiatives as required.
  • Comply with Beazley procedures, policies and regulations, including the code of conduct incorporating PRA and FCA Conduct.
  • Undertake training on Beazley policies and procedures as delivered by the line manager, Culture & People or assurance teams, either directly, via e-learning or through the learning management system.
  • Display business ethics that uphold the interests of all customers.
  • Ensure customer interactions are focused on delivering fair outcomes, including providing the right products for their needs.
  • Comply with role-specific responsibilities notified by the line manager, Culture & People or assurance teams, and stay up to date with developments in these areas, including applicable underwriting control standards, claims control standards, other Beazley standards and customer relationship management.
  • Carry out additional responsibilities as individually notified through objectives or the learning management system, which may include membership of committees or working groups.
Desired Qualifications
  • A professional qualification in risk management, audit, compliance, accounting or a related discipline (e.g. IRM, CERA, ACA, ACCA or CIA) is advantageous but not essential.

About the company

B

Beazley Management

View
Website

Beazley Management is a specialty insurer offering worldwide underwriting and claims services with a focus on specialist risks. It operates across lines such as cyber, management liability, professional indemnity, property, marine, reinsurance, accident & life, political risk and contingency. The company underwrites tailored insurance policies by assessing risks, determining premiums, and handling claims to meet clients' needs. Unlike many peers, Beazley emphasizes its culture and people, aiming to be bold, continually improve, and act with integrity, which supports its market leadership in its chosen lines. The company's goal is to maintain high underwriting standards, deliver reliable claims service, and remain a top insurer in its specialist markets, as reflected by A.M. Best ratings of A (Excellent).

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1986

Get referred to Beazley Management

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Zurich targets over US$1 billion annual incremental revenue by 2029 from integration.
  • Beazley launched affirmative AI cyber cover on September 17, 2026, then expanded protections.
  • The August 2026 Integral ILS partnership opens cyber capital markets and fee income.

What critics are saying

  • Adrian Cox leaves after October 2, 2026, removing Beazley’s long-time operating architect.
  • Zurich’s new leadership can force underwriting discipline, pricing cuts, and talent attrition.
  • Within 24 months, Zurich can absorb Beazley into a generic specialty platform, erasing autonomy.

What makes Beazley Management unique

  • Beazley built Lloyd’s specialty franchises in cyber, MAP, property, and parametric underwriting.
  • Its six-syndicate Lloyd’s platform reached US$6.1 billion gross premiums in 2025.
  • Zurich kept Beazley’s name, underwriting teams, and London headquarters after closing October 2, 2026.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Paid Vacation
  • Paid Holidays
  • Parental Leave
  • Family Planning Benefits
  • Remote Work Options

Growth & Insights and Company News

6 month growth

10%

1 year growth

10%

2 year growth

10%
MarketScreener
Oct 2nd, 2026
Zurich completes acquisition of Beazley.

Zurich completes acquisition of Beazley. Zurich Insurance Group (Zurich) announced today that it has completed the acquisition of Beazley Plc. The combination of two highly complementary businesses creates the world's largest specialty insurer, based in London. Published on 10/02/2026 at 05:48 am EDT MarketScreener.com "Integrating Beazley into our Specialty business will accelerate our growth and provide new solutions for our customers. Beazley's underwriters will immediately gain access to our distribution network and join our customer service teams," said Mario Greco, Zurich Group chief executive officer. "By 2029, this integration will generate more than $1bn in additional annual revenue. It will deliver at least $150m in annual savings and at least $1bn in capital savings over the first two years," he added. Mario Greco added that "London is one of the world's leading insurance markets and is emerging as the natural headquarters for the business dedicated to specialty risks. Zurich has been present in the United Kingdom for more than a century. Joining the Lloyd's of London market for the first time is a key step in developing its products, capital and global network." Following completion of the acquisition, Kristof Terryn has been appointed CEO of Beazley and Zurich Global Specialty, subject to regulatory approval. Adrian Cox is leaving Beazley. Further changes have been announced within Beazley's leadership team: - Helen Pickford, currently Zurich UK's chief financial officer, will become chief financial officer of Beazley and Zurich Global Specialty. Barbara Plucnar Jensen, who held the position at Beazley, will remain as an adviser until March 2027 to support the integration. - Sally Henderson has been appointed chief human resources and sustainability officer. She succeeds Liz Ashford, who is retiring. - Ed Bridge, former head of legal for Zurich UK and Ireland, will become chief legal officer of Beazley and Zurich Global Specialty. (C) MarketScreener.com - 2026

fuw.ch
Oct 2nd, 2026
Zurich completes Beazley acquisition.

Zurich completes Beazley acquisition. Acquisition: Zurich completes Beazley acquisition. With the British specialty insurer, the group aims to become a global leader in segments such as cyber and renewable energy. Published today at 10:23. The Zurich Group completed the acquisition of British specialty insurer Beazley as of October 1, 2026. The transaction became effective after approval by the competent London court, as Beazley announced the same day. Previously, the two insurers had received all other necessary approvals for the takeover. Zurich had submitted a binding offer for Beazley in early March totaling just under $11 billion, and Beazley shareholders approved the plan in April. Together with Beazley, Zurich aims to rise to become a globally leading specialty insurer in segments such as cyber, infrastructure or renewable energy. According to the plans, Beazley shares will be delisted on (today's) Friday, and payments to shareholders are to be made by October 15 at the latest, it was said. There will also be changes to the Beazley board of directors: Clive Bannister, Rajesh Agrawal, Roy Clark, Pierre-Olivier Desaulle, Nicola Hodson, Fiona Muldoon, Carolyn Johnson, John Reizenstein and Cecilia Reyes Leuzinger are leaving the board. New to the board are Patrick Manley, Earl Randall Clouser, Helen Pickford, Kristof Terryn and Claudia Cordioli. Stock alert. From ABB to Züblin - you will immediately receive an email as soon as a new article about the company of your choice appears.

cash.ch
Oct 2nd, 2026
Zurich Insurance completes Beazley acquisition.

Zurich Insurance completes Beazley acquisition. The Zurich Group completes the acquisition of British specialty insurer Beazley as of October 1, 2026. updated at 02:10 Through the merger of these two highly complementary business areas, the world's largest specialty insurer headquartered in London would be created, Zurich Insurance wrote on Friday in a statement on the matter. "By integrating Beazley into our global specialty business, we will accelerate growth and offer our existing customers new, relevant solutions," Zurich CEO Mario Greco is quoted in the statement. "Beazley's underwriters will gain immediate access to our distribution model and become part of our client service teams." Greco expects that the integration of Beazley will generate additional revenue growth of more than $1 billion per year by 2029. In addition, annual cost savings totaling at least 150 million as well as capital synergies in the form of a one-time capital release of at least $1 billion within the first two years are expected. Kristof Terryn becomes Beazley CEO. As part of the merger, Beazley is seeing numerous management changes. Kristof Terryn, who most recently served at Zurich as CEO Europe, Middle East and Global Head Retail, is newly taking over the CEO role. Terryn will in future lead Beazley as well as the Zurich Global Specialty division, it was said. Terryn has worked at Zurich for more than twenty years and had held numerous important leadership positions in the group. At the helm of Beazley, he succeeds Adrian Cox. Cox will leave Beazley as the company enters its next phase, it was said. In addition, Zurich's current chief financial officer in the United Kingdom, Helen Pickford, was appointed chief financial officer of Beazley and Zurich Global Specialty. Sally Henderson becomes Chief People & Sustainability Officer and Ed Bridge General Counsel. Current Beazley CFO Barbara Plucnar Jensen will support the integration until March 2027, it was said. There will also be changes to Beazley's board of directors: Clive Bannister, Rajesh Agrawal, Roy Clark, Pierre-Olivier Desaulle, Nicola Hodson, Fiona Muldoon, Carolyn Johnson, John Reizenstein and Cecilia Reyes Leuzinger are leaving the board. New members are Patrick Manley, Earl Randall Clouser, Helen Pickford, Kristof Terryn and Claudia Cordioli. Multibillion-dollar acquisition. Zurich's acquisition of Beazley became effective on Thursday (yesterday) after approval by the competent London court. Previously, the two insurers had received all other required approvals for the acquisition. At the beginning of March, Zurich had submitted a binding purchase offer for Beazley totaling nearly $11 billion, and Beazley shareholders approved the plan in April. Together with Beazley, Zurich aims to continue gaining scale in lines such as cyber, infrastructure and renewable energy. Beazley shares will be delisted on Friday (today), and payments to shareholders are to be made by October 15 at the latest. Follow topics by email Swiss stocks

Insurance Journal
Oct 1st, 2026
Zurich Insurance completes £8.1 billion acquisition of Beazley.

Zurich Insurance completes £8.1 billion acquisition of Beazley. Zurich Insurance Group has completed its £8.1 billion ($10.7 billion) of Lloyd's insurer Beazley, effective today. Beazley shares were suspended this morning from the London Stock Exchange with delisting planned for Oct. 2. Under the terms of the deal (known in the UK as a scheme of arrangement), shareholders will receive 1,310 pence for each share held as of Sept. 30, 2026, with payment expected on Oct. 15, 2026. As a result of the acquisition, Beazley announced a new board of directors: Patrick Manley, Earl Randall Clouser, Helen Pickford, Kristof Terryn and Claudia Cordioli. Stepping down from the board are the former Chairman Clive Bannister, along with Rajesh Agrawal, Roy Clark, Pierre-Olivier Desaulle, Nicola Hodson, Fiona Muldoon, Carolyn Johnson, (Anthony) John Reizenstein and Cecilia Reyes Leuzinger. Adrian Cox is staying on as CEO of Beazley, according to the company's website, in a role he has held since 2021. Beazley's Lloyd's of London platform (with six syndicates) will expand Zurich's specialty market access and expertise, creating a combined business of approximately US$15 billion in gross written premiums, the company said in a presentation to investors in March. "Beazley is a market leader for specialty risks in many of its chosen lines, which include cyber, digital, MAP, property and specialty," the company said in a March 26 scheme document. (Beazley's MAP risk business includes marine, aviation, political, accident, contingency and portfolio underwriting). Beazley operates specialist insurance businesses in Europe, North America, Latin America, Bermuda and Asia and underwrote gross premiums worldwide of US$6.1 billion in 2025. Zurich made a series of offers to acquire Beazley, including one in January of this year for £7.7 billion, which was rejected by Beazley. Ultimately, a sweetened £8.1 billion deal was accepted by Beazley's board and shareholders. Was this article valuable? Interested in mergers? Get automatic alerts for this topic.

AnnuityFactCheck
Sep 24th, 2026
Beazley boosts cyber security to protect against AI risks.

Beazley boosts cyber security to protect against AI risks. Curated Industry Article This is a summary of a full article from a trusted financial publication. Click "Read Full Article" below to read the complete story. London-headquartered specialist insurer Beazley has unveiled new cyber cover to support businesses in managing the risks arising from their own use of AI. The announcement follows Beazley's recent confirmation of its affirmative AI cyber cover, which, according to the firm, delivers "certainty and clarity" for clients by expressly addressing AI-related risks already covered within existing cyber cover. "While organisations are increasingly focused on threats from AI-enabled cyber attacks, Beazley's latest endorsements respond to the equally important risks that can emerge when businesses deploy AI within their own operations," the specialist insurer said regarding the new cyber cover. The new offering includes an industry-first AI Voluntary Shutdown solution, which protects organisations that need to suspend their own malfunctioning AI systems before significant financial and reputational harm occurs. It also features AI Regulatory Defence & Penalties cover, designed to support clients whose unintentional misuse of AI leads to regulatory investigations or fines. Alessandro Lezzi, Group Head of Cyber Risks, Beazley, commented, "These endorsements reflect its commitment to evolving its cover, keeping pace with its clients' needs and providing greater clarity and confidence as businesses adopt AI. "Our Full Spectrum Cyber offering is designed to address the totality of cyber risk, helping businesses navigate both emerging threats and the complexities that come with embracing new technologies." The post Beazley builds out cyber offering as AI risks grow appeared first on ReinsuranceNe.ws. What This Means For You [afc_dynamic_insight] ANNUITY FACTCHECK Your financial security starts here. Whether you're exploring fixed, variable, or indexed annuities - AnnuityFactCheck provide the clear, unbiased information you need to protect your future. This article is sourced from a trusted financial publication. AnnuityFactCheck shares this for informational purposes only. Always consult a licensed financial advisor for personalized guidance.