Chief Risk Officer

RiverStone Management Limited; Dublin; On-site; EUR 150,000 - 200,000; Full time

Job summary

A global non-life insurance specialist in Dublin is seeking a Chief Risk Officer to oversee risk management and governance. This senior role will ensure compliance in a dynamic regulatory environment, lead risk management initiatives, and support M&A transactions. Candidates must have a degree in Finance or Risk Management, a strong grasp of Solvency II regulations, and a proven track record in senior risk roles. The position offers comprehensive benefits including private medical cover and a generous holiday allowance.

Benefits

Private Medical cover

Health and Wellness funding

Generous annual holiday allowance

Bonus scheme

Pension scheme

Family Leave policy

Training and development funding

Volunteering and charity match

Cycle To Work Scheme

Travel Insurance

Qualifications

• 10+ years experience in senior risk management roles.
• Experience leading ORSA processes.
• Deep knowledge of Irish and EU regulatory frameworks.

Responsibilities

• Lead the risk management function ensuring compliance.
• Implement the ORSA process and deliver on time.
• Support the business in M&A transactions.

Skills

Strong understanding of Solvency II

Proven track record in risk management

Stakeholder management skills

Ability to influence at Board level

Strategic thinking

Education

Degree in Finance, Risk Management, or related field

CFA, FRM, or equivalent

Job description

RiverStone International is an established global non‑life run‑off insurance business specialist with more than 25 years of experience. Operating in the UK, Company and Lloyd’s of London markets, Bermuda, the U.S., and Europe, RiverStone has transacted a wide variety of deals – from insurance and reinsurance portfolio transfers to company purchases, acquiring over $17.7 billion of gross liabilities since 2010 and with around $6 billion of liabilities currently under management.

The Chief Risk Officer (PCF‑14) will lead RiverStone International Ireland DAC’s risk management function and ensure robust governance across the organization. This senior‑leadership role safeguards the Company’s resilience and compliance in a dynamic regulatory environment, collaborating with cross‑functional teams and providing strategic input based on business needs.

Responsibilities

Risk Management – To ensure an effective risk management framework is in place at all times, across all RIIDAC portfolios, and is operating as intended, complying with all regulatory and other requirements.

• Responsible for the risk management function and for maintaining and monitoring the effectiveness of RIIDAC’s risk management system.
• Ensure RIIDAC has effective processes to identify and manage risks to which RIIDAC is or might be exposed.
• Maintain effective processes to monitor and report those risks.
• Ensure each identified risk has an appropriate control, and assess its effectiveness.
• Maintain appropriate risk and control registers.
• Ensure the adequacy of the Company’s risk management policies and procedures.
• Promote a sound risk culture at all levels and subject the system to regular internal review.
• Facilitate setting of the risk appetite by the Board.
• Make risk appetites and tolerances available and monitored.
• Provide comprehensive and timely information on RIIDAC’s material risks to enable the Board to understand the overall risk profile.
• Manage financial risks from climate change.
• Report to the Board Risk Committee periodically, with direct access to the Chair.
• Manage internal stress‑tests and ensure timely and accurate information for the CBI stress‑testing.
• Provide appropriate reporting and MI to oversight bodies, including the Executive Committee.
• Embed risk across RIIDAC, ensuring staff are aware of their role in risk management.
• Ensure a consistent approach with other Group entities and liaise effectively with them.
• Work with the Head of Group Operations to keep the Business Continuity Plan and Operational Resilience Framework up to date.
• Ensure a Pre‑emptive Recovery Plan is always in place.
• Ensure the Risk Management Framework stays compliant with current and future regulatory requirements and aligns with the Company’s needs.
• Maintain an emerging risk framework.

Own Risk and Solvency Assessments “ORSAs” – Lead on the production of RIIDAC’s annual ORSA and any ad hoc ORSA’s as required.

• Implement the ORSA process and deliver all ORSAs, both annual and ad hoc, to an appropriate standard and on time.
• Address all ORSA feedback from the CBI and other stakeholders.
• Produce an acquisition ORSA for acquisitions as required by the Acquisitions Authority Schedule.

Acquisition and integration support – Support the business in M&A transactions.

• Provide acquisition due‑diligence support by preparing risk memoranda for new transactions and help integrate new acquisitions.
• Ensure new portfolios are integrated into RIIDAC’s Risk Management Framework.

Requirements

• Degree in Finance, Risk Management, Actuarial Science, or a related field (Master’s or professional qualification such as CFA, FRM, or equivalent is an advantage).
• Strong understanding of Solvency II and Central Bank of Ireland regulatory requirements.
• Proven track record in senior risk management roles within insurance or financial services.
• Experience leading ORSA processes and managing enterprise risk frameworks.
• Exposure to mergers and acquisitions, including risk assessment and integration planning.
• Deep knowledge of Irish and EU regulatory frameworks, including governance and compliance standards.
• Familiarity with risk modelling, capital adequacy, and stress‑testing methodologies.
• Ability to influence at Board and Executive level, providing clear risk insights and recommendations.
• Strong stakeholder management skills, collaborating with regulators and internal teams.
• Strategic thinker with excellent analytical and problem‑solving abilities.
• High integrity and sound judgment in decision‑making.

We believe in taking care of our team and helping employees thrive professionally and personally. Our benefits include:

• Private Medical cover – Comprehensive Private Medical Insurance schemes
• Health and Wellness – Up to five funded counselling sessions per year, and an eye‑test voucher
• Wellbeing Allowance – Use toward physical or mental health wellbeing activities
• Generous annual holiday allowance – Depending on level, plus bank holidays and office closure on Christmas Eve
• Bonus scheme – Dependent on achieving individual, department and company goals
• Pension – a non‑contributory defined contribution scheme
• Life Assurance and Permanent Health Insurance Scheme
• Family Leave – Enhanced Maternity, Paternity and Shared Parental Leave policy
• Training and development – Company funding for professional qualifications beneficial for the role
• Volunteering and charity – Triple matching charity donations and two paid volunteering days per year
• Cycle To Work Scheme – a tax‑efficient way to purchase a bicycle
• Travel Insurance – Business and personal travel