Senior Risk Analyst




Analysis, Business Analyst, Data & Analytics


£70,000 to £80,000 Per Annum


Bonus + Excellent Benefits 12 Month Fixed Term Contract - Hybrid Working


London City

Contract Type


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An urgent requirement for a Senior Risk Analyst on a 12 month FTC to support the Risk Management Function to promote and embed the clients Risk Management Framework (RMF) across all the business segments and functional units within EMEA by enhancing risk management activities in support of their Limited’s corporate objectives. 

Key Responsibilities

Risk Management

  • Coordination of business units and functional engagement – engaging with the business and functions in supporting the strategies employed to embed a culture of strong risk management, risk identification, assessment, evaluation and reporting, loss event reporting and promoting best practices.
  • Support strategic & annual business plan analysis – work with relevant managers to perform strategic and annual business plan analysis including the development of relevant scenario analysis to identify key risks to the plan, it’s impact on the risk profile and overall corporate objectives.
  • Performance of risk analysis, independent risk assessments – lead/support the performance of specific risk assessments as identified within the plan or via the risk management process.  This will include the performance of scenario analysis as applicable.
  • Support the maintenance of the Risk Management Framework across all legal entities and the maintenance of relevant risk management documentation, risk policies and preparation of ad-hoc risk reports as required.
  • Support the enhancement of second line of defence risk oversight and challenge with a sufficiently granular understanding of the material risks posed in the various business and functional units and any key projects risks in order to be able to effectively identify threats and opportunities and to escalate relevant issues as appropriate.
  • Supporting various capital assessments initiatives for relevant legal entities and assist in the oversight of the completion of stress and scenario analyses (including reverse stress tests) for capital adequacy assessments.
  • Oversee relevant risk management activities performed by Business Services and assist with other risk management projects as they arise.

Technical competence, productivity and teamwork

  • An understanding of both non-life and life insurance products, services and associated regulatory regimes.
  • Ability to collate/review quantitative data and carry out quantitative analysis including the interpretation/impact assessments of key risk indicators and/or metrics.
  • Strong organisation and analytical skills with demonstrable evidence of excellent communication skills.
  • Ability to understand risks, issues and impacts and manage these across a diverse series of products and locations concurrently.
  • Ability to work collaboratively and flexibility to lead/support various deliverables whilst managing own deliverables.
  • Utilises the  Competence Model to develop skills, abilities and behaviours that support outstanding performance and meet professional/regulatory expectations.

Essential Qualifications:

  • Relevant actuarial, finance or risk management professional qualification is desirable.
  • English (Proficient).
  • Basic knowledge of French and/or any other European language is desirable.
  • Insurance (life & non-life) industry experience with knowledge of Capital/Risk processes relating to Solvency II including knowledge of insurance company processes and systems.
  • Financial modelling skills and proficient in the use of MS Office – Word, Excel, PowerPoint.
  • Relevant experience demonstrating risk management knowledge and engagement with stakeholders .
  • Proven organisational skills, reflecting an ability to prioritise and take ownership
  • Demonstrable knowledge of risk management/GRC systems
  • Excellent report writing and communication skills
  • Degree level or equivalent.


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