Risk Analyst (Graduate)

Company Details

Responsibilities

The Risk Management function is responsible for ensuring that the Risk Framework Policy remains current, effective and suitable for the risk profile of the business and is implemented in such a way that is aligned to the company’s objectives. The Risk Management function operates as a second line of defence to assist the business in managing and measuring risk

 

To support and work with the Risk Manager, Head of Risk Management and Chief Risk Officer on the following: • Risk Management Framework: − maintaining and developing the Risk Management Framework including assisting all areas of the business in risk awareness, knowledge and training. • Risk Universe and Risk Register: − ensuring that the risks universe, risks register and corresponding controls and checklists are up to date and reflective and consistent with the business risk profile including new and emerging risks and Sustainability incl. climate risk; and the requirements and expectations of key stakeholders. • Risk Management reporting and Risk Incidents: − supporting and enabling the preparation and coordination of materials and documentation for internal and external stakeholder reporting including committee and working groups. • Risks and Controls Assessments: − coordinating, communicating and performing the risks and controls assessment cycle in conjunction with business risk and control owners. • Risk Appetite and Key Risk Indicators: − preparing, developing, communicating and monitoring risk appetite limits and tolerances, and key risk and controls indicators. • Own Risk and Solvency Assessment (“ORSA”): − contributing to the ongoing performance and development of ORSA processes and procedures. • Internal Model, Validation and Assurance, Stress and Scenario Testing: − supporting testing and reporting for risk, capital and solvency assessment.

Qualifications

You are educated to degree level (Insurance & Risk Management, MORSE, Mathematics/Statistics, Economics) and/or with exemptions for professional qualification (Risk Management, Insurance, Actuarial). • You have a genuine interest in understanding how a Lloyd’s managing agent operates • You are eager to build a career in risk management. • You are curious and thoughtful. • You are a team player with strong interpersonal and communication (written, verbal, and presentational) skills. • You are proactive and efficient with strong analytical skills and an excellent attention to detail. • You are reliable, naturally organised and able to manage competing priorities and processes. • You are results focussed, able to deliver under tight deadlines. • You have Microsoft Office skills including M365, Excel, Word, and PowerPoint, Teams, Copilot. • Desirable but not essential – exposure to data analysis tools such as Python, R or Power BI.