Role: Senior Risk Analyst ERM (12 month FTC)
Location: London
Position: Full time, contract
The Senior Risk Analyst, Enterprise Risk Management (ERM) will also support the Head of ERM in the delivery of the Enterprise Risk Management Framework (ERMF) and risk oversight. You’ll work closely with stakeholders across the business to embed risk awareness and support a range of risk management activities, including deep dives, emerging risk analysis, Own Risk & Solvency Assessment (ORSA) reporting, risk appetite, control effectiveness, and in the administration, maintenance and support of the MS Amlin’s GRC tool.
About The Job
Other wider ERM responsibilities include:
- Take ownership of and drive the effective implementation and continuous improvement of key components within the ERMF;
- Cultivate and maintain strong, collaborative relationships with stakeholders across all business functions to understand priorities, risk landscapes, and emerging risks;
- Participate in core risk management activities, including risk identification, monitoring, reporting, and supporting the business in establishing and maintaining an effective control environment;
- Support the definition, ongoing monitoring and regular review of risk appetite, tolerances and KRIs, preparing and presenting comprehensive reports to management committees and the Board;
- Investigate and track risk events through to resolution, ensuring timely and accurate reporting;
- Provide input into the ORSA to promote its use as a value-add report that supports and informs risk-based decision making;
- Contribute to the integrated assurance plan through deep dives and risk opinions across a range of risk areas and departments;
- Participate in operational and project meetings to provide risk management advice and challenge to business stakeholders;
- Help coordinate the Lloyd’s Principles-Based Oversight (PBO) attestation, helping stakeholders evidence how MS Amlin meets Lloyd’s expectations;
- Prepare clear, concise, and impactful risk reporting to Senior Management and committees; and
- Champion a culture of risk awareness across the organisation;
Governance, Risk and Compliance Tooling:
- Administrator for MS Amlin’s GRC tool (Decision Focus);
- Responsibility for the design and deployment of enhancements, ensuring that the tool remains fit for purpose and continues to meet the expectations of the Risk Function and other key end users;
- Responsible for investigating and recommending ways to improve how the tooling is used and, specifically, how automation is used to enhance risk reporting;
- Responsible for the delivery of Decision Focus training and support to users;
- Responsible for the design and execution of bespoke modules using the existing GRC module to maximise Decision Focus’ capabilities;
- Engage and liaise with stakeholders across the Risk and Compliance team and Line 1.5 functions to provide support, gather requirements and manage expectations in relation to the design and use of the GRC modules; and
- Contribute to the design, development and effective use of the GRC system to strengthen the Risk Management Framework.
What you’ll need:
For this particular role there are some important qualifications and experience we need you to have. These include:
- Solid risk management experience
- Prior experience with Decision Focus, including experience in the design and deployment of the tool
- Good execution skills and an ability to remain resilient under pressure and change
- Ability to participate meaningfully in meetings with stakeholders
- Experience of risk management frameworks and processes
- Good organisational and analytical skills
- Strong analytical skills and experience of writing reports
- Ability to clearly and concisely communicate in writing and verbally
- Strong self-management capability – can effectively manage own time and actively prioritise
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.
