At a Glance
- Tasks: Support risk management activities and assist in regulatory compliance projects.
- Company: Join Ascot Group, a leading specialty risk underwriting organisation.
- Benefits: Gain valuable experience in a dynamic environment with growth opportunities.
- Other info: Attend workshops and training to enhance your skills and knowledge.
- Why this job: Make an impact in risk management while working with industry experts.
- Qualifications: Experience in risk or actuarial roles, strong data processing skills required.
The predicted salary is between 59400 - 72600 £ per year.
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach.
- These platforms work as one, deploying our capital creatively through our unique
- Fusion
Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims.
To support the Enterprise Risk Management (ERM) team in providing technical support to the broader objectives of the Risk and Actuarial Functions across the Ascot Group.
The role will primarily focus on providing support to the risk management team within the Syndicate with ad-hoc support for Bermuda and US entities.
Risk
Function: Provide support across risk oversight activities including risk review meetings with all functions on an annual basis, risk incident log and governance assurance work.
Assist with the maintenance of the risk register including risks and control effectiveness reviews and ensuring consistency across all entities.
Support the maintenance of the wider risk governance framework including risk management strategy, policy and risk appetite policies in addition to wider risk related documents across various areas (scope varies e. g.
Assist with the production of Quarterly Risk reports and the annual ORSA document against risk appetite.
Monitoring of emerging risks and provide analysis to the senior team, Risk Committee and the Board.
Prepare risk appetite metrics MI, in terms of measures, key control indicators, key risk indicators.
Assist in the annual forward-looking exercise in terms of designing scenarios, model implementations and producing results to the Risk Committee and Board.
Support in regulatory / compliance projects in satisfying Lloyd’s, UK, US and Bermuda regulations.
Involvement in the wider maintenance and improvements of company-wide policies and risk appetite statements across the Ascot Group and sub-entities.
Provide assistance in preparation of papers and analysis for committee meetings and external meetings with external bodies (e. g.
Support wider risk and actuarial activities, including quantitative and qualitative deep dive reviews, as necessary.
Attendance at relevant industry workshops and training.
Skills/Attributes: Risk and/or actuarial experience within the Lloyd’s or London Market.
Strong data processing and numerical skills.
Microsoft Office skills, especially in Word, Excel and Power Point.
Risk Consultant in London employer: ASCOT GROUP
Ascot Group is an exceptional employer that fosters a collaborative and inclusive work culture, where employees are encouraged to thrive in their roles. As a Receptionist, you will benefit from a supportive environment that prioritises professional growth and offers flexible working hours, alongside a commitment to employee well-being. With a focus on integrity and innovation, Ascot provides a unique opportunity to be part of a team dedicated to delivering world-class service and bespoke solutions for clients.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Consultant in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like ASCOT GROUP). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like ASCOT GROUP. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Risk Consultant in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at ASCOT GROUP.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at ASCOT GROUP. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at ASCOT GROUP
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at ASCOT GROUP to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at ASCOT GROUP, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding ASCOT GROUP's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
