Job Description
As a Senior Risk Analyst, you will support the UK Risk Team in delivering a range of risk management activities across defined areas of the UK business and risk framework within a dynamic and expanding (re)insurance firm. Reporting to the UK Head of Risk, and working within established risk frameworks and methodologies, you will contribute to the application and ongoing effectiveness of the risk framework, provide risk analysis, and support the promotion of a strong risk culture across the organisation.
Responsibilities
Responsibilities will include:
- Support the ongoing application of the UK risk and control framework, highlighting potential areas for enhancement through analysis and feedback.
- Work with first line teams to support the identification and assessment of risks, providing analysis to inform ongoing monitoring.
- Maintain the UK risk register, ensuring accurate and timely documentation of risks and controls.
- Support the delivery of Risk and Control Self-Assessments (RCSAs), and targeted risk reviews, including preparing materials and supporting workshops.
- Support investigations into risk events, including root cause analysis and tracking of remediation actions.
- Analyse risk data to identify trends, emerging risks, and areas for management attention, escalating findings as appropriate.
- Prepare analytical inputs and supporting materials for risk reporting, including contributions to internal risk reporting and governance materials.
- Support horizon scanning activities and identification of emerging risks under established frameworks.
- Support the monitoring and reporting of Key Risk Indicators (KRIs) in line with risk appetite.
- Support the use and testing of analytical tools (including AI-enabled approaches) to enhance risk analysis and reporting.
- Work collaboratively with Group Risk on specific activities, where required, to support the consistent application of established risk processes.
- And other ad hoc duties as required.
Qualifications
Skills and Experience:
We are open to candidates from a wide range of industries and backgrounds and do not require any specific qualifications. We do not require prior experience specifically within Risk Management and welcome applications from candidates who can demonstrate relevant skills and experience from other areas. We are particularly interested in individuals who can bring fresh perspectives, curiosity, and a different way of thinking.
Core Skills And Capabilities
- Strong analytical skills, with the ability to interpret information, identify trends, and draw well ‑ reasoned insights to support decision-making.
- High level of accuracy and attention to detail, particularly when working with data, documentation, and reporting.
- Clear and effective communication skills, both written and verbal, with the ability to present complex information in a straightforward and practical way.
- Proactive and self ‑ motivated approach, with the confidence to ask questions, challenge constructively, and take ownership of tasks.
- Curiosity and critical thinking, with an interest in understanding how processes and risks operate and where improvements can be made.
- Strong organisational skills, with the ability to manage multiple priorities and deliver to deadlines.
- Collaborative mindset, with the ability to build effective working relationships across teams.
- Adaptability and openness to learning, particularly within a fast ‑ paced and evolving environment.
- Interest in the use of data and technology, including how tools (such as AI ‑ enabled approaches) can enhance analysis and reporting.
Helpful But Not Essential
- Experience working in a regulated or governance-led environment.
- Exposure to risk, control, audit, or reporting activities.
- Experience using data or producing analysis to inform business decision-making.
