Risk Manager

About us:Join a leading and innovative reinsurance group with a growing international footprint across Europe where you will have the opportunity to join our Risk team and support our commitment to delivering exceptional service to our clients while contributing to the strength, robustness, and reliability of our risk management framework. At Barents Reinsurance S.A., we take pride in our disciplined approach to risk selection, our global reach, and our dedication to building sustainable, long-term partnerships across the industry.The team that you will join:You will be based in Luxembourg and report to the Risk Key Function Holder. You will work closely with the actuarial team, underwriting, finance, senior management, and the Risk Committee to ensure that our risk management framework, risk appetite, ORSA, and regulatory reporting are robust, well documented, and embedded in day-to-day decision making.You will flourish if you are:A structured thinker who can translate technical risk analysis into concrete implications for the businessComfortable owning a framework end to end, from policy documentation through to committee reportingA strong writer, able to construct clear narratives in reports such as the ORSA, RSR, and SFCRA confident communicator who can engage with senior management, internal committees, and external stakeholdersCurious about emerging risk, including climate and energy transition, geopolitical and sanctions exposure, regulatory change, and technology and AI riskYou will be successful if you have:Significant experience (indicatively 5+ years) in risk management or a comparable second-line role within (re)insurance, or in an advisory or regulatory role serving the sectorStrong working knowledge of Solvency II Pillar 2A degree in a relevant discipline; a professional qualification (FRM or equivalent) is welcome but not essentialExcellent command of English, both orally and in writingAdvanced Microsoft Office skillsFamiliarity with reinsurance mechanics such as treaty structures, retrocession, aggregation and accumulation, and reinstatements, as well as with AI tools, is an advantage; direct experience with energy or life reinsurance is a plus but not a requirementWhat you will do:As Risk Manager, you will lead the qualitative dimension of the risk management system at Barents Reinsurance S.A. You will own, maintain, and continuously improve the risk management framework, risk policy suite, and supporting governance documentation, maintain the risk register and risk taxonomy, and lead the Quarterly Risk Report presented to the Risk Committee. You will lead the ORSA process, from scenario and stress design through to narrative construction and drafting of the report, in close alignment with the actuarial team, and maintain the risk appetite framework, cascading it into practical limits and tolerances across underwriting, reserving, retrocession, counterparty, market, liquidity, and operational risk. You will also run the risk and control self-assessment process, maintain the operational risk event and near-miss log, continue developing the ESG framework and its KPIs and metrics, maintain a structured emerging risk process, and contribute to the RSR, SFCR, and other regulatory submissions.