Climate Risk Analyst in London

Climate Risk Analyst in London

London Temporary 40000 - 50000 £ / year (est.) No home office possible
Beazley

At a Glance

  • Tasks: Assess climate risks and implement strategies for compliance across business functions.
  • Company: Join a leading firm focused on sustainability and climate risk management.
  • Benefits: Gain valuable experience, competitive salary, and opportunities for professional growth.
  • Other info: Collaborative environment with a focus on innovation and teamwork.
  • Why this job: Make a real difference in tackling climate change while developing your career.
  • Qualifications: Strong analytical skills and knowledge of climate risk regulations required.

The predicted salary is between 40000 - 50000 £ per year.

Division: Exposure Management & Climate

Reports To: Head of Financial Climate Risk

Key Relationships: Exposure Management Team, Underwriters, Actuaries, Sustainability Team, Sustainability Reporting Team, Risk Management.

Job Summary: Work closely with the Head of Financial Climate Risk and team members to assess and implement actions to achieve compliance with climate risk regulations, and coordinate climate risk initiatives across business functions. The successful candidate will work with a wide range of business functions to integrate climate methods and initiatives into existing and new business processes. The candidate will work with the Risk team to integrate climate risk management into the ERM process and framework. The candidate will also work with the Sustainability team and Sustainability Reporting Team on climate disclosures and related activities.

Key Responsibilities:

  • Support the Head of Financial Climate Risk to assess and implement actions to achieve compliance with the updated PRA climate risk supervisory statement (SS5/25) and other climate risk regulations alike.
  • Support the Head of Financial Climate Risk to implement Beazley’s climate risk strategy including through liaising with and coordinating the work of relevant colleagues and/or teams across Beazley.
  • Responsible for tracking team projects, actions, ad hoc requests and papers to ensure compliance with all deadlines.
  • Assist with planning the agenda, upcoming papers and any strategic projects for the Climate Risk Working Group.
  • Draft business case papers for various groups and committees.
  • Support and lead risk assessments and analytics for modelling a range of climate risks working closely with Exposure Management teams.
  • Support research on climate risks and how it might impact the business, including emerging topics.
  • Support Actuarial functions for considering climate related impacts into pricing, capital and reserving.
  • Assist with developing and implementing climate scenario analysis, including physical, litigation and transition risk scenarios.
  • Assist with integrating climate into business processes, including and not limited to functions such as Underwriting, Investments, and Operations.
  • Engage with Underwriters as required, particularly ESG leads across each underwriting division.
  • Work closely with the Risk team to manage and integrate climate risk management into the ERM process and framework.
  • Work closely with Sustainability team and Sustainability Reporting team on climate disclosures, e.g. TCFD (Task Force on Climate-Related Financial Disclosures).
  • Assist with developing climate risk training and material to key areas of the business as required by the Head of Financial Climate Risk and/or the Head of Catastrophe & Research.
  • Assist with establishing and/or strengthening links to external peers and experts such as academic and scientific communities.
  • Engage with brokers and reinsurance partners on projects and deliverables as required.

Personal Specification:

Skills & Abilities:

  • Accurate and numerate
  • Strong analytical skills with attention to detail
  • Ability to communicate effectively with various stakeholders, both verbally and in writing
  • Ability to manage time, meet deadlines and prioritise
  • Ability to manage workflow of team based on incoming requests.
  • Team worker as well as able to work on own initiative
  • General commercial and financial knowledge

Knowledge & Experience:

  • Insurance experience
  • Strong understanding of regulatory requirements on climate risk
  • Strong understanding of climate risk & related models and concepts
  • Knowledge of climate litigation and transition risk desirable
  • Experience with climate risk scenario analysis and stress testing desirable

Aptitude & Disposition:

  • Outcome focused, self-motivated, flexible and enthusiastic
  • Sees solutions not problems
  • Interested in understanding and helping others
  • Professional approach to successfully interact with senior management/colleagues/external suppliers

Competencies:

  • Accuracy
  • Information seeking
  • Concern for quality
  • Customer focus
  • Initiative
  • Self-starter
  • Analytical thinking
  • Speed and accuracy
  • Teamwork
  • Technical competence
  • Time management
  • Integrity

Climate Risk Analyst in London employer: Beazley

Beazley is an exceptional employer for a Climate Risk Analyst, offering a dynamic work environment that fosters collaboration across various teams including Exposure Management, Sustainability, and Risk Management. With a strong commitment to employee growth, Beazley provides opportunities for professional development in the rapidly evolving field of climate risk, while promoting a culture of innovation and sustainability. Located in a vibrant area, employees benefit from a supportive atmosphere that values diverse perspectives and encourages meaningful contributions to climate initiatives.
Beazley

Contact Detail:

Beazley Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Climate Risk Analyst in London

✨Tip Number 1

Network like a pro! Reach out to people in the industry, especially those working in climate risk or sustainability. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your knowledge of climate regulations and risk management. We want you to be able to discuss how you can contribute to compliance with PRA climate risk supervisory statements confidently.

✨Tip Number 3

Showcase your analytical skills! Be ready to discuss past experiences where you've tackled complex problems or worked on projects related to climate risk. This will help us see how you can fit into our team.

✨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 proactive about their job search.

We think you need these skills to ace Climate Risk Analyst in London

Analytical Skills
Attention to Detail
Communication Skills
Time Management
Teamwork
Climate Risk Knowledge
Regulatory Compliance
Scenario Analysis
Stress Testing
Problem-Solving Skills
Project Management
Technical Competence
Commercial Awareness
Flexibility

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Climate Risk Analyst role. Highlight your relevant experience and skills that align with the job description, especially your understanding of climate risk regulations and analytical abilities.

Showcase Your Analytical Skills: Since this role requires strong analytical skills, don’t shy away from including specific examples of how you've used these skills in past roles. Whether it’s through climate scenario analysis or risk assessments, let us see your expertise shine!

Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon unless it's relevant to the role. We appreciate a well-structured application that’s easy to read and understand.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to the right people. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at Beazley

✨Know Your Climate Risk Stuff

Make sure you brush up on the latest climate risk regulations and frameworks, especially the PRA climate risk supervisory statement. Being able to discuss these in detail will show that you're not just familiar with the concepts but also genuinely interested in the role.

✨Show Off Your Analytical Skills

Prepare to demonstrate your analytical prowess. Bring examples of how you've tackled complex problems or conducted scenario analyses in the past. This could be through previous work experience or academic projects—just make sure it’s relevant!

✨Communicate Like a Pro

Since you'll be liaising with various teams, practice articulating your thoughts clearly and concisely. Think about how you can explain complex climate risk concepts to someone without a technical background. This will highlight your ability to communicate effectively with diverse stakeholders.

✨Be a Team Player

Emphasise your teamwork skills during the interview. Share experiences where you collaborated with others to achieve a common goal, especially in cross-functional settings. This will reassure them that you can work well with the Exposure Management Team, Underwriters, and other departments.

Climate Risk Analyst in London
Beazley
Location: London

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