Job Description

Role Description
We have an exciting opportunity for a Risk Consultant to join our Second Line of Defence Enterprise Risk Management Team, providing support to the development and maintenance of the Allianz UK Enterprise Risk Management Framework and supporting the oversight of the identification, assessment, monitoring and reporting of risks. Operating a flexible resourcing approach, the role will from time to time be expected to work across the wider Risk function, including with our Partnership teams.
We are seeking a motivated, analytical, and data-driven professional who embraces contemporary risk management practices. Increasingly utilising data analytics, automation, and AI techniques where appropriate, they will gain valuable insights and enhance efficiency. You will play an important role in supporting the Risk Function in achieving its strategic objectives.
Location
Reporting to the Enterprise Risk Management Director, this role aligns with the principles of the Allianz UK Hybrid Working Model and will be based in either our London or Guildford office.
Salary Information
Circa 45,000 per year.
Pay is based on relevant experience, skills for the role, and location. Salary is only one part of our total reward package.
About You
Your key responsibilities will include but are not limited to supporting activities within the following areas:
Risk Management

• Support the updating/maintenance and implementation of elements of the Risk Management Framework including Risk appetite, supporting policies, standards and functional rules.
• Support line manager and other senior risk colleagues in providing facilitation, advice, oversight and validation on risk topics, within your expertise, to the business and other stakeholders.
• Maintain the risk and control register, proposing and making changes with guidance from senior leaders.
• Carry out regular top and emerging risk assessments.
• Co-ordinate completion of risk attestations by preparing documents, scheduling meetings, reviewing evidence and challenging management / ensuring maintenance of evidence links in the risk register, and updating risk assessments.
• Support risk oversight, including the reporting of risks & controls and adherence to policy and standards.
• Assist in 2nd line controls testing activity, liaising on findings and agreeing outcomes with 1st line and Risk colleagues, ensuring quality of working papers and deliverables.
• Take the lead in delivering elements of deep dive reviews in to key areas of risk and drafting risk opinions for review.
• Assist in developing and refining risk management strategies and streamlined solutions, leveraging tools such as AI and automation to support maintenance of the risk management framework overall.
• Support other risk management activity as directed.

Risk Partnering

• Build strong working relationships within the Second Line Risk Function and engage with colleagues outside of Risk Function.
• Build and maintain a network within the UK Company, Allianz Group, and UK insurance market.
• Participate in internal meetings and/or facilitated internal workshops where appropriate.

Risk Reporting

• Facilitate the gathering and analysis of qualitative and quantitative data for risk analysis and reporting by sourcing and preparing data for monthly and ad hoc reports.
• Drafting papers in collaboration with colleagues for management and committees using data-driven insights to create high quality, consistent and easily understandable management information.
• Support the risk awareness and communication programme.
• Undertaking regular reviews, trend analysis and reporting of key indicators for risk controls and highlighting any trends.

Essential Skills

• Effectively manage personal workload, meeting key deadlines with guidance from line manager or other senior colleagues. Outcome focused in approach.
• Strong verbal and written communication skills, assisting in drafting deliverables, writing up working papers, conducting control testing and recording results clearly.
• Ability to develop and implement monitoring & control processes in a regulatory environment, identifying deficiencies or improvement opportunities and suggesting tangible actions.
• Consistently present a professional & positive approach.
• Analytical and problem-solving skills with an interest in and affinity for data analytics and AI techniques. Good numerical and IT skills. Able to use and gain value from data analysis tools such as PowerBI.
• Fluent in all MS Office 'tools of the trade'.
• Good organisational skills & attention to detail.
• Able to work with limited supervision & be self-motivated in a proactive manner seeing tasks through to resolution.
• Good understanding of and ability to assimilate corporate and regulatory requirements.
• Stay updated with industry trends and regulatory changes, integrating new automation and visualisation techniques to enhance risk management processes.
• Proven track record within a GI insurance environment, time in an assurance function is an advantage.
• Experience in the non-life insurance or in risk management.
• A professional qualification has been obtained, or is being progressed (e.g. CIMA; IRM; CII).

We support the government scheme "Access to Work" please feel free to ask us about the access to work scheme.
What We Will Offer You
Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from- so you can pick a package that's perfect for you. We also offer flexible working options, global career opportunities across the wider Allianz Group, and fantastic career development and training. That's on top of enjoying all the benefits you'd expect from the world's number one insurance brand, including:

• Flexible buy/sell holiday options
• Hybrid working
• Annual performance related bonus
• Contributory pension scheme
• Development days
• A discount up to 50% on a range of insurance products including car, home and pet
• Retail discounts
• Volunteering days

Our Ways of Working
Do you need flexibility with the hours you work? Let us know as part of your application and if it's right for our customers, our business and for you, then we'll do everything we can to make it happen. Here at Allianz, we are signatories of the ABIs flexible working charter. We believe in supporting hybrid work patterns, which balance the needs of our customers, with your personal circumstances and our business requirements. Our aim with this is to help innovation, creativity, and you to thrive - Your work life balance is important to us.
Integrity, Fairness, Inclusion & Trust
At Allianz, we believe in fostering an inclusive workforce and are proud to be an equal opportunity employer. Our commitment to equal opportunities, gender equity, and balanced gender representation, is demonstrated by our numerous accreditations: EDGE certified for gender inclusion, Women in Finance Charter members, Disability Confident employer, Stonewall Diversity Champion, Business in the Community's Race at Work Charter signatories, and Armed Forces Covenant gold standard employer.
We embrace neurodiversity and welcome applications from neurodivergent and disabled candidates, offering tailored adjustments to ensure your success.
We encourage our employees to advocate for their needs, whether it's assistive technology, ergonomic equipment, mentoring, coaching, or flexible work arrangements.
Accessible Application for All
As part of the Disability Confident Scheme, we support candidates with disabilities or long-term health conditions through the Offer an Interview Scheme, for those meeting the essential skills for the role.
Contact our Resourcing team to opt into this scheme or for assistance with your application, including larger text, hard copies, or spoken applications.
For any inquiries, please contact: Conor McCourt
Closing date 9th January 2026
We reserve the right to close the advert early if we reach enough applications.
Join us - Let's Care for Tomorrow.
#LI-Hybrid

Skills Required