At a Glance
- Tasks: Support risk management activities and collaborate with business partners to enhance enterprise risk frameworks.
- Company: Dynamic insurance company focused on collaboration, innovation, and enabling potential.
- Benefits: Competitive salary, professional development, and a supportive team environment.
- Other info: Opportunity for growth in a vibrant and collaborative workplace.
- Why this job: Join a team that empowers others and drives meaningful change in the insurance sector.
- Qualifications: Degree level education and at least one year of risk management experience.
The predicted salary is between 30000 - 40000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.
The main purpose of the role is to support the Risk Function’s business risk partners to ensure the operation of an effective and robust enterprise risk management framework across Arch’s Lloyd’s, London Market and UK P&C businesses.
Key Tasks And Responsibilities- Support in the ongoing development of the entity risk registers.
- Assist with the review of risk policies.
- Support the business risk partners in the quarterly risk assessments, risk reviews, controls assessments, KRI updates, and other risk management activities as required.
- Provide support to ensure that the ORSA process is undertaken in accordance with the ORSA Policy, including collation of information and preparation of the ORSA reports.
- Assist in the investigation of risk events, control failings or weaknesses, and monitoring risk function actions.
- Support the emerging risks process.
- Assist in preparing risk and control information for internal and external audiences including relevant Committees and the Board.
- Provide risk management training, and ongoing support, to stakeholders.
- Play a key role in the development and maintenance of the Risk Function’s GRC tool (Decision Focus), including training system users.
- Knowledge of the components of a Risk Management Framework would be preferable.
- GRC tool experience, preferably Decision Focus.
- Strong written and spoken communication skills.
- Ability to prioritise and challenge.
- Must be aligned with Arch’s values and behaviours, including being a committed team player and having a positive mindset.
- Preferably educated to degree level.
- At least one year of Risk Management experience in the insurance sector, preferably in Lloyd’s or the London Market.
Risk Analyst employer: ARCH EUROPE INSURANCE SERVICES LTD
At Arch Europe Insurance Services Ltd, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Risk Analyst, you will benefit from comprehensive training and development opportunities, ensuring your growth within the dynamic insurance sector in London. Our commitment to enabling possibility extends beyond our clients to our team, making us an exceptional employer for those seeking meaningful and rewarding careers.
Contact Details:
ARCH EUROPE INSURANCE SERVICES LTD Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in risk management. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of risk management frameworks and tools like Decision Focus. We want you to shine when discussing your experience and how it aligns with the role!
✨Tip Number 3
Showcase your communication skills! Whether it's during an interview or networking event, be ready to articulate your thoughts clearly. Remember, being a team player is key in our culture.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our team.
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Show Your Passion for Risk Management:When writing your application, let your enthusiasm for risk management shine through. We want to see how your experience aligns with our mission to enable possibility and support our clients in achieving their goals.
Tailor Your Application:Make sure to customise your CV and cover letter for the Risk Analyst role. Highlight relevant experiences, especially in the insurance sector, and demonstrate how you can contribute to our collaborative culture at StudySmarter.
Be Clear and Concise:We appreciate straightforward communication. Keep your application clear and to the point, showcasing your skills and experiences without unnecessary fluff. This will help us see your potential quickly!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD
✨Know Your Risk Management Framework
Make sure you brush up on the components of a Risk Management Framework. Being able to discuss how these elements work together will show your understanding and readiness for the role.
✨Familiarise Yourself with GRC Tools
If you have experience with Decision Focus or similar GRC tools, be prepared to talk about it. Share specific examples of how you've used these tools in past roles to support risk management activities.
✨Communicate Clearly and Confidently
Strong communication skills are key for this role. Practice articulating your thoughts clearly, especially when discussing complex risk concepts. This will help you stand out as a strong candidate.
✨Show Your Team Spirit
Since collaboration is a big part of the company culture, be ready to share examples of how you've worked effectively in teams. Highlight your positive mindset and commitment to supporting others in achieving their goals.
