Job Description

Insurance

Location:

London - onsite

Salary:

35 000+ Dependent on experience

About the role:

Reporting to the Head of Risk, this role offers an exciting opportunity for an aspiring risk professional to join a niche insurance's Risk team. As a Risk Analyst, you will support the implementation of the Risk Management Framework and will have the opportunity to help shape the development of insurance risk management activities.

Role responsibilities:

To maintain business risk registers and control library. To support the implementation, maintenance and improvement of our risk management software. To act as first point of contact for the business for general queries about the risk management system. To support the development of our data analytics capability, providing valuable insights to inform risk management decisions. To support the production of the quarterly risk report including being responsible for producing the underlying MI To support the implementation of our risk events process including ensuring events are being appropriately recorded, assessed and resolved in conjunction with relevant business owners. To collaborate with the business to ensure timely completion of actions and adherence to deadlines. To support the Risk Manager with the implementation of our second line assurance framework through carrying out thematic reviews and control assurance To contribute towards the identification, analysis and reporting of emerging risks.

What we are looking for in you:

We are looking for someone who is keen to pursue a career in risk management, possesses strong communication skills, exhibits critical thinking, and who can work independently and as part of a team. Knowledge of the UK insurance regulatory regime, the UK insurance industry and risk management is desirable but not essential.



Experience & Skills Required



Experience with the MS Office package Analytical; problem solving capabilities with attention to detail Forward thinker and planner; proactive and uses initiative Adapts and responds well to change and pressure Communicates clearly; effectively interacts with others Demonstrable intellect through academic examinations, on the job training and/or professional qualifications

Desirable



Prior use of a risk management system Analytical and data management skills Understanding of the UK insurance regulatory landscape Understanding of risk management framework and processes Prior experience in working in second line control functions: risk management and/or compliance

Benefits:

25 days holiday entitlement 5 days paid volunteer leave 10% Employer pension contribution 10% Discretionary Bonus Life assurance Income protection Season ticket loan Cycle to work scheme Professional membership subscription

Applications close:

4th December

Interviews:

Three-stage interview process