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For Companies At a Glance
- Tasks: Support risk management and analysis in a leading global (re)insurance firm.
- Company: Join Canopius, a top player in the Lloyd’s insurance market.
- Benefits: Enjoy hybrid working, competitive salary, and comprehensive wellbeing benefits.
- Why this job: Kickstart your career in risk management with a collaborative and innovative team.
- Qualifications: Basic understanding of risk frameworks and strong analytical skills required.
- Other info: Dynamic work environment with opportunities for growth and development.
The predicted salary is between 28800 - 48000 £ per year.
Join Canopius as a Group Risk Analyst and help shape the future of risk management in a leading global (re)insurance firm. This is an excellent opportunity for a motivated early-career professional to build deep expertise in enterprise risk management while contributing to a high-performing, collaborative team.
The Role
Reporting to the Group Head of ERM with day to day guidance from Senior Risk Analyst and Risk Manager, you’ll play a key role in supporting the Group Risk function through the maintenance of risk frameworks, data analysis, governance processes, and training initiatives.
Key Responsibilities
- Support the maintenance and enhancement of the Group’s risk and control framework.
- Assist in identifying and documenting risks and controls across business units.
- Maintain and update risk registers, ensuring accuracy and timeliness of data.
- Help facilitate Risk and Control Self-Assessments (RCSAs) and support risk deep dives through data gathering and coordination.
- Contribute to the investigation of risk events and assist in tracking remediation actions.
- Analyse risk data to support trend identification and management insights.
- Administer and maintain the Group’s GRC system (Decision Focus), including user support, data quality checks, and configuration updates.
- Support governance processes including SharePoint site management, document control, and versioning for risk-related materials.
- Assist in the development and delivery of risk training and awareness sessions across the business.
- Help design and maintain reporting templates and dashboards to support consistent and efficient risk reporting.
- Participate in horizon scanning and emerging risk assessments.
- Support the development and monitoring of Key Risk Indicators (KRIs) aligned to risk appetite.
Skills
- Foundational experience in a second line risk function, ideally within the Lloyd’s / London Insurance Market.
- Basic understanding of risk frameworks and regulatory expectations in the insurance sector.
- Strong analytical skills and ability to present findings clearly.
- Exposure to GRC systems (e.g., Decision Focus) and SharePoint governance is advantageous.
- Excellent written and verbal communication skills.
- Proficiency in Microsoft Office, especially Excel (e.g., PivotTables, formulas).
- Strong organisational skills, attention to detail, and a proactive attitude.
- Team-oriented mindset, collaboration skills and commitment to continuous learning.
Competencies
- Stakeholder engagement: Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
- Collaboration And Teamwork: Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals.
- Adapting To Change: Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
- Continuous Improvement: Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes.
- Innovation: Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services.
- Resilience: The ability to cope with and recover from setbacks, challenges or difficulty.
- Future Focused: Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry.
Our Benefits
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.
Equal Employment Opportunity
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds. We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
Risk Analyst employer: Canopius
Contact Detail:
Canopius Recruiting 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 at Canopius. A friendly chat can give you insights and maybe even a referral. Don’t be shy; we all love a good conversation!
✨Tip Number 2
Prepare for the interview by diving deep into risk management topics. Brush up on your knowledge of risk frameworks and regulatory expectations. We want you to shine and show that you’re not just a candidate, but the right fit for the team!
✨Tip Number 3
Show off your analytical skills during the interview! Bring examples of how you've tackled data analysis or risk assessments in the past. We love seeing how you think and solve problems, so let your experience do the talking.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining us at Canopius. Let’s make this happen together!
We think you need these skills to ace Risk Analyst
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Risk Analyst role. Highlight your relevant experience in risk management and any analytical skills that align with what we're looking for at Canopius.
Show Off Your Skills: Don’t hold back on showcasing your analytical skills and proficiency in tools like Excel. We want to see how you can present data clearly and effectively, so include examples of your work where possible!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use clear language and avoid jargon unless it's relevant to the role. We appreciate a well-structured application that’s easy to read.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Canopius
✨Know Your Risk Frameworks
Before the interview, brush up on your understanding of risk frameworks and regulatory expectations in the insurance sector. Familiarise yourself with how these frameworks apply to Canopius specifically, as this will show your genuine interest and preparedness.
✨Show Off Your Analytical Skills
Prepare to discuss your analytical skills by bringing examples of how you've used data analysis in previous roles or projects. Be ready to explain how you presented findings clearly, as this is crucial for a Risk Analyst position.
✨Familiarise Yourself with GRC Systems
If you have experience with GRC systems like Decision Focus, make sure to highlight it. If not, do a bit of research on how these systems work and be prepared to discuss how you would approach learning and using them effectively.
✨Emphasise Team Collaboration
Canopius values teamwork, so come prepared with examples of how you've successfully collaborated with others. Think about times when you engaged stakeholders or worked across teams to achieve a common goal, and be ready to share those stories.
