About the role

The Risk Consultant (LH1.2) sits within the LH1 Madrid Risk Management team and supports MR’s RM framework across the region. The position will support the unit in the implementation, coordination, and administration of key activities across Enterprise Risk Management, Risk Communication & Culture, and Compliance & Operational.

The position requires a structured, detail-oriented professional who is eager to grow/develop within the risk discipline while ensuring high-quality delivery of core risk processes and governance requirements.

Your Job

Enterprise Risk Management (ERM)

• Maintenance and update of the risk management framework, including documentation and reporting.

• Qualitative and quantitative risk reviews, including markets monitoring analysis, treaty’s risk assessment status updates, and monitoring activities.

• Participate in the update of the regional operational framework, such as UW strategy, authorization manual, risk assessment cycle, and mandates databases.

• Preparation and issuance of mandates or authorization letters.





• ERM-related projects (e.g., RM SharePoint enhancements).

• Monitoring and reporting risk appetite, metrics, and governance outputs.

Risk Communication & Culture

• Support risk culture initiatives, including organization of trainings, awareness campaigns, and community sessions.

• Managing approvals and dispensation processes, including Block Approval and dispensations.

• Maintain access rights, training records, and updates in tools.

• Contribute to committees, networks, and internal communication workflows that enhance risk awareness across the organization.

Compliance & Operational Risk Management

• Preparation and consolidation of the Risk Report.

• Participate in Operation Risks assessments and coordinate information gathering with internal stakeholders.

• Assist in compliance-related activities, including GDPR processes, Service Level Agreements, and coordination with Legal/Compliance teams.

📌 Risk Consultant (Madrid)
🏢 Munich Re
📍 Madrid