Risk Analyst - LONDON, United Kingdom of Great Britain and Northern Ireland - 6369 - AMS PSR

General information

Posting ID

6369

Type of employment

Permanent

Organisation

Pool Re Services Limited

Salary Banding MIN

£ 35000

Location

London

Salary Banding MAX

£ 42000

Workplace Type

Hybrid

Description & Requirements

Risk Analyst

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