Senior Risk Analyst

POSITION: Senior Risk Analyst ASSIGNMENT NO: 28914 LOCATION: London Expertise: Knowledge and Qualifications: Degree level qualification preferably in risk management or similar analytical discipline Good understanding of insurance and reinsurance business and Lloyd's markets Skills and Demonstrated Experience: Preferably 5 years' experience working in insurance industry preferably in risk management Experience of a broad range of risk types Numerate and able to draw appropriate conclusion through analysis of data Focus on problem solving and comfortable with multi-tasking Good level of communication both verbal and written Excellent people skills Strong attention to detail Acts with professionalism, reliability and integrity Diligent, self-driven and organised, with excellent time management skills Role: To support the Risk Manager in the development and maintenance of a robust risk management system. Key Accountabilities: Risk Register: Take ownership and assist senior members with operational risk assessment and control activities Responsible for running and overseeing the self-certification process for risk register Assessing the management response on control effectiveness and escalating issues to the Risk Managers Assist the senior members in agreeing, designing and implementing changes in risk/control framework with the risk and control owners and assess ongoing appropriateness of mitigation strategies Liaise with wider business teams on the effectiveness of control activities and work in collaboration to identify and resolve issues Responsible for the routine maintenance of the risk register Maintenance of risk and issue log Preparation of quarterly reports on risk and control effectiveness Effective running of the monthly/quarterly processes Timely resolution and reporting of issues and agreed actions High quality reports Risk Management Framework: Work with the business to articulate, develop and report on appropriate controls and risk measures across a broad range of risk types Undertake ad-hoc risk assessments (e.g. key projects, strategic developments) where required Support the day-to-day implementation of agreed risk management procedures, and practices; suggest enhancements where appropriate Understand how key company policies and procedures translate into the risk framework Assist the senior members in periodic review of policies, procedures and internal/external reporting Closely work with the senior members in developing and maintaining the Risk Management Procedures Effective management of business stakeholders to achieve objectives of their risk framework Identify and suggest opportunities for process enhancement Work with business to ensure timely resolution and reporting of risks issues and agreed actions Collaborate across risk team Effective maintenance of risk policies and procedures Risk Appetite and Tolerances: Responsible for running the risk appetite reporting process and drafting reporting for internal review Assessing the risk exposures with the wider business and escalating issues to the Risk Manager Assist Risk Manager in maintaining a consistent framework of appetite/ tolerances across a Global business and work with the senior members on applicable enhancements Assist the senior members in regular reporting Effective running of the monthly/quarterly processes Robust, consistent reporting Review and constructively challenge any supplied risk information while interacting tactfully Timely resolution and reporting of issues and agreed actions Risk Management System: Assist the senior members in embedding and enhancing the use of the risk management system in daily activities of the risk team and within the business Support the team in ensuring that the risk management system is being utilised correctly by the business Effective use of the risk management system Support the business to utilise the risk management system effectively in line with framework Regulatory Reporting (ORSA, GSSA, FCR, RSR): Play a key role in the annual regulatory reporting processes and project management Assist the senior members in developing and maintaining a consistent framework of reporting Provide input into drafting of report and present consistent information in a concise manner based on information and risk analysis Assist senior members in the design and implementation of stress and scenario tests Robust management of the annual regulatory reporting cycle Pro-active attitude towards learning and making valuable contribution Emerging Risk: Work with the senior members to research and identify industry trends and hot topics relating to emerging risk(s) that could impact our clients business and other local entities Maintain the Emerging Risk Register and monitoring and reporting process Assist the senior members in Emerging Risk Group reporting Identification and research appropriate emerging risks Operational Risk: Understand key operational processes within an insurance company, and work with the business to articulate, develop and report on appropriate controls and risk measures Liaise with the business to understand causes and establish appropriate mitigations to prevent reoccurrence Ensure operational events are recorded Support risk oversight of operational resilience assessments and reviews as required Timely and complete recording of operational incidents and establishment of remedial actions Work with business to ensure actions are updated and closed off in a timely way Other: Assist the Risk team in performing risks assessment that are required in respect of strategic initiatives Support the ongoing development of risk management processes Keep up to date with the industry developments and escalate potential issues for the risk framework Proactive attitude towards learning and making valuable contribution Identify and suggest opportunities for process enhancement Always Takes responsibility for own and colleagues’ Health & Safety Statutory, personnel and Company Health & Safety policy regulations are adhered to To ensure customers are always treated fairly, in accordance with the Conduct Risk Policy and other relevant policies and procedures Compliance with applicable Regulatory Requirements and Lloyd's Minimum Standards (where applicable) Satisfactory performance as reflected in relevant Conduct Risk MI To be aware and adhere to all obligations under GDPR, ensuring that the business complies with these requirements Adherence to Antares Global policies and procedures in relation to GDPR Timely completion of ongoing training in relation to GDPR To avoid breaches and to report them to the Data Protection Officer when they occur regardless of whether electronic or on paper

Location: London,, GB

Posted Date: 9/7/2025